Aerospace Coatings Market Report 2024-2032 | Size, Share, Trends, Growth Demand, overview

"The new report published by The Business Research Company, titled ""Aerospace Coatings Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the aerospace coatings market size has grown strongly in recent years. It will grow from $2.52 billion in 2023 to $2.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The aerospace coatings market size is expected to see strong growth in the next few years. It will grow to $3.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.

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Rising Demand For Commercial Aircraft Fuels Growth In The Aerospace Coatings Market
The growing demand for commercial aircraft is expected to propel the growth of the aerospace coatings market going forward. Commercial aircraft are a type of aircraft that is used to transport passengers or cargo on a scheduled basis for some payment. Increasing demand for commercial aircraft requires new commercial aircraft to be manufactured, thereby promoting the growth of aerospace coatings used to coat the interior and exterior of an aircraft. For instance, according to Boeing, a US-based aerospace company's commercial market outlook for 2021-2040, the global commercial fleet will exceed 49,000 aircraft by 2040. Therefore, the growing demand for commercial aircraft is driving the groeth of the aerospace coatings market.

Product Innovations Drive Progress In The Aerospace Coatings Market
Product innovations are the key trends gaining popularity in the aerospace coatings market. Major companies operating in the aerospace coatings sector are focused on developing new technological and innovative products to strengthen their position in the market. For instance, in January 2022, Sherwin-Williams Aerospace Coatings, a US-based manufacturer of high-quality exterior and interior paint and coating systems, launched the Aircraft Color Visualizer platform, an online 3D color visualizer tool that lets users experiment with different color schemes for their aircraft. The Aircraft Color Visualizer is a fully interactive desktop tool that lets users design color schemes for six different types of aircraft, including kit planes, single and twin-turboprops, light and heavy-duty business jets, and helicopters.

The aerospace coatings market covered in this report is segmented -

1) By Product Type: Top-Coat, Primer, Other Product Types
2) By Resin: Epoxy, Polyurethane, Acrylic, Other Resins
3) By Technology: Solvent-Based Coatings, Water-Based Coatings, Powder Coatings, Other Technologies
4) By Application: Exterior, Interior
5) By End User: Commercial Aviation, Military Aviation, General Aviation, Other End Users

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Major companies operating in the aerospace coatings market include Akzo Nobel N.V., Henkel AG & Co. KGaA, Mankiewicz Coatings GmbH & Co. KG, Hentzen Coatings Inc, Badische Anilin und Soda Fabrik, IHI Ionbond AG, The Sherwin-Williams Company, Zircotec Ltd., Asahi Kinzoku Kogyo Inc., BryCoat Inc., Axalta Coating Systems Ltd., LORD Corporation, APV Engineered Coatings, Hardide PLC., Bodycote plc, PPG Industries, Oerlikon Balzers Coating S.A. Brügg, DowDuPont Inc., Hohman Plating & Manufacturing LLC, International Aerospace Coatings Holdings LP, Compagnie de Saint-Gobain S.A., AHC Oberflachentechnik, NV Specialty Coatings., The Sherwin-Williams Company, Chemetall GmbH, Greenkote PLC, BEKAERT, Mankiewicz Coatings, ShawCor Ltd.

Contents of the report:
1. Executive Summary
2. Aerospace Coatings Market Report Structure
3. Aerospace Coatings Market Trends And Strategies
4. Aerospace Coatings Market - Macro Economic Scenario
5. Aerospace Coatings Market Size And Growth
…..
27. Aerospace Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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