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Latest Report Details Of Aviation Coatings Market Size & Share, Growth,Trends and Forecast 2017-2025
MarketResearchReports.Biz is providing you Retail Market Research report of "Aviation Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 ".The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.
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Coating is a layer of covering applied on the surface of objects not only for appearance, but also for functional purposes. Temperature variation in the air impacts the structural dimensions of an aircraft; therefore, aviation coatings are applied to exteriors and interiors of the aircraft to protect it from the environment, thereby reducing corrosion and erosion. These coatings are used by original equipment manufacturers (OEMs) and players in the maintenance, repair, and operations (MRO) industry as well. Demand for lightweight products is a major criteria for components in an aircraft, especially in airframe and outer skin of the aircraft. Metals such as aluminum and its alloys are used to make the airframe and skin. These metals are subjected to corrosion. Protective coatings are applied on metal components to prevent or reduce corrosion and to provide an appealing appearance to the aircraft. Coatings with low volume of volatile organic component (VOC) tend to reduce the release of organic solvents in the atmosphere, thereby protecting the environment.
Aviation coating consists of a primer and a top coat. Corrosion of the substrate is inhibited by the primer and the appearance of the component is enhanced by top coat. The top coat also helps to increase durability of coatings. Coating can be applied as one layer or as multiple layers. The primer present in the multi-layer coating is an organic polymer and has anti-corrosion property due to the presence of dispersed chromate corrosion-inhibiting compounds in it. Uni-layer coating, also known as unicoat, contains compounds inhibiting corrosion and other colored pigments that provide a decorative and appealing appearance to the aircraft.
Coatings in the aviation industry are applied on different sections of an aircraft, such as combustion chamber, turbine, and compressor. Coatings are applied to aircraft components such as combustion flame tubes, compressor air foils, turbine air foils, fuel nozzles, fuel swirlers, compressor drums, discs and shafts, and bearings and accessories. The objective of coatings is not the same for all components, for instance coatings on blades, stators, vanes of compressors provide corrosion resistance. Whereas, coatings are used as sealing on compressor cases. Other aircraft components subjected to coatings include gas generator case, diffuser case, spacers, hubs, shafts in the compressor, blade tips, brush seals, thrust frame boss & clevis, and exhaust fairing pins & bushings in the turbine, among others.
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Regulations on eco-efficiency have influenced recent developments in the aviation coatings industry. Innovations in the coating products are focused mainly to address toxicity, emissions, hazardous potential, etc. Newly launched aviation coatings have longer shelf-life and contain low volume of toxic ingredients, which meet the regulatory standards. Europe and the Government in Canada, the U.S, and Australia have stringent regulations to curb coating-related VOC emissions. These regulations have given rise to research & development in the coating industry.
Currently, major demand for aviation coating is witnessed in North America followed by Asia Pacific, Europe, the Middle East, and Rest of the World. However, the market in Asia Pacific is expected to expand at a rapid pace in the coming years and is likely to hold a significant share of the aviation coatings market. The reason behind Asia Pacific occupying a major share is the rising demand for aviation coatings in commercial airlines and military sector of countries such as China.
Key players operating in the global aviation coating market include AkzoNobel N.V, PPG Industries, Inc., Aerospace Coatings International, BASF SE, Aerospace Coating Systems, Inc., Sherwin-Williams Aerospace Coatings, Henkel AG & Co., Mapaero, Tennant Coatings, National Coatings and Supplies, Hohman Plating, MankiewiczGebr. & Co., Ionbond AG and Hentzen Coatings.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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