The global aircraft coatings market is projected to witness a growth rate of 9.7% annually from 2022 to 2027, with an anticipated size of US$ 1,029.6 million by 2027, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global aircraft coatings market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
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Report Highlights
Market Size in 2027 (million US$) |
1,029.6 |
Growth (CAGR) |
9.7% during 2022-2027 |
Forecast Period |
2022-2027 |
Trend Period |
2016-2020 |
Base Year |
2021 |
Number of Segments Covered |
6 |
Number of Tables & Graphs |
100+ |
Country-Level Market Assessment |
20 |
Segment Insights on the Aircraft Coatings Market:
The report dives deep into the segmentation of the Aircraft Coatings market based on critical parameters:
Based on Resin Type – The market is bifurcated into Polyurethane, Epoxy, and Others. Polyurethanes with a market share of more than 50% remain the most preferred material for coatings in the aircraft industry in the foreseeable future. This coating type is also likely to witness the highest growth during the same period. The key features that have escalated the preference for polyurethane coatings in the aerospace industry are abrasion resistance, chemical resistance, protection against UV rays, a good wet look, and excellent adhesion to substrates at a relatively low cost. Furthermore, regulations for the reduction of volatile organic compounds (VOCs) and requirements for chrome-free inhibitors create additional demand for this coating type in the aerospace industry.
Based on Aircraft Type: The market is segmented into Commercial Aircraft, Military Aircraft, and General Aviation. Commercial aircraft remain at the nucleus of all the leading market stakeholders serving the aerospace industry. The segment is also likely to witness the highest growth during the forecast period, driven by an expected rise in the production rate of major commercial aircraft programs, such as B737, A320 family, A350XWB, and B737; expected entry of upcoming aircraft, such as COMAC C919; rising aircraft fleet; and higher M&A and re-branding activities in the airline industry. It is also anticipated that commercial aircraft with a market share of more than 80% will remain the most preferred aircraft segment for the market participants in the foreseeable future.
To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
Asia-Pacific is expected to remain the largest market for aircraft coatings over the forecast period. In addition to that, this region is likely to witness healthy market growth of more than 30% in the coming years. Increasing passenger traffic in the Asia-Pacific region, primarily in China and India, is driving the commercial aerospace industry. This would lead to the highest demand for coatings in the region. Additionally, the upcoming indigenous commercial and regional aircraft, such as COMAC C919, is also pushing the demand for coatings in the Asia-Pacific region.
Aircraft Coatings Market Drivers:
Some of the key drivers listed in the report are given below.
Top Companies in the Aircraft Coatings Market:
The global market for Aircraft Coatings is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:
- Akzo Nobel N.V.
- Hentzen Coatings
- Mankiewicz Gebr. & Co.
- PPG Industries, Inc
- The Sherwin-Williams Company
Note: The above list does not necessarily include all the top players in the market.
What Deliverables Will You Get in this Report?
Key questions this report answers |
Relevant contents in the report |
How big is the sales opportunity? |
In-depth analysis of the Aircraft Coatings Market |
How lucrative is the future? |
Market forecast and trend data and emerging trends |
Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
Which are the most attractive market segments? |
Market segment analysis and forecast |
Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
What are the factors affecting the market? |
Drivers & challenges |
Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - [email protected]
About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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