Press release
Aerospace Coatings Market Report 2017 - By Trends, Size, Share, Demand, Forecast To 2024
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/2147
Aerospace coatings, renowned for their high performance, offer excellent wear resistance to aircraft surfaces, protecting against corrosion, UV rays, climatic stress, and fog. This protection translates to reduced maintenance and repair costs, making them indispensable for aircraft surfaces, engines, fuselage components, and more. Moreover, these coatings contribute to weight reduction and improved fuel economy, thus reducing CO2 emissions.
The commercial aviation sector's growth, driven by increased air travel and cargo traffic, along with expanding international trade, propels the demand for aerospace coatings. Additionally, investments in the military and defense sectors worldwide, coupled with the development of chrome-free technology, further drive market expansion.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/2147
Polyurethane resin remains the top revenue generator and is poised to maintain its dominance owing to its superior resistance to UV rays and high levels of abrasion, staining, and chemical resistance. However, stringent environmental regulations imposed by bodies like the EPA and REACH regarding the use of solvent-borne coatings containing toxic solvents and VOCs pose challenges to market growth.
Key Market Insights:
- Asia-Pacific leads the market in terms of value, followed by North America, with polyurethane resin segment expected to grow at the highest CAGR of 6.9% during the forecast period.
- Commercial aviation emerges as the largest end-use industry, exhibiting a CAGR of 6.8% during the forecast period.
- Europe holds a significant share, while Asia-Pacific is anticipated to witness the highest CAGR from 2017 to 2023.
- Asia-Pacific and LAMEA jointly contribute around two-fifths of the market share, driven by increased flying costs due to economic growth and rising disposable incomes in countries like India, China, Brazil, Indonesia, and Korea.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/aerospace-coatings-market/purchase-options
Market Leaders:
- Akzonobel N.V.
- BASF SE
- Henkel AG & Co. KGaA
- Hentzen Coatings Inc.
- IHI Ionbond AG
- Mankiewicz Gebr. & Co.
- Mapaero
- PPG Industries, Inc.
- The Sherwin-Williams Company
- Zircotec Ltd.
These industry leaders play a pivotal role in driving innovation and meeting the evolving demands of the aerospace coatings market.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Alkyd Coatings Market : https://www.alliedmarketresearch.com/alkyd-coatings-market
Fiber Cement Board Market : https://www.alliedmarketresearch.com/fiber-cement-board-market
Glass Fiber Reinforced Plastics (Gfrp) Composites Market : https://www.alliedmarketresearch.com/glass-fiber-reinforced-plastics-composites-market
Acid Proofing Lining Market : https://www.alliedmarketresearch.com/acid-proofing-lining-market
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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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