Global Aircraft Paint Market Size study & Forecast, by Type (Liquid Coating, Powder Coating), by Application (Exterior, Interior), by End-User (Commercial, Military, General Aviation), and Regional Analysis, 2022-2029
Global Aircraft Paint Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Aircraft Paint is used to paint commercial aircraft, including both new and old ones. These paints allow the aircraft to survive in extreme flex, bends, weather, and chemicals. Epoxy and enamel are major kinds of paints. The Aircraft Paint market is expanding because of factors such as the rising growth across the aviation industry and growing investment in airline companies is creating lucrative growth opportunity for the market over the forecast period 2022-2029.
According to Statista, in 2023, the aviation industry has increased steadily during the last decade. In 2019, the industry reached around 38.9 million. The global market of the airline industry was valued at USD 359.3 billion in 2020 which is projected to rise in the coming years. Whereas rising demand for air travel and the adoption of narrow-body aircraft create lucrative opportunities for the market. However, the release of harmful compounds during coating hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Aircraft Paint Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing air traffic passengers, and growing investment in military procurements. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing demand for paints, growing airlines, and innovations by market players is marking the fastest growth of the region.
Major market players included in this report are:
DuPont
BASF SE
3M Co
PPG Industries Inc.
Mankiewicz Gebr. & Co.
Hentzen Coatings, Inc.
Sherwin-Williams Co
Akzo Nobel NV
Mapaero Coatings
Henkel AG & Company
Recent Developments in the Market:
In February 2021, MAAS Aviation opened a new paint shop at Kaunas Airport (KUN). The ultra-modern Lithuanian facility is a twin-bay narrow-body paint shop that can accommodate up to two A321 aircraft at the same time.
In May 2021, Constant Aviation announced significant enhancements to its aircraft painting operation at Orlando Sanford International Airport. The paint shop is part of a full-service maintenance and repair facility that can accommodate large-cabin aircraft such as the Gulfstream 650, Dassault Falcon 7X, and Bombardier Global.
Global Aircraft Paint Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Liquid Coating
Power Coating
By Application:
Interior
Exterior
By End User:
Commercial
Military
General Aviation
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies MentionedDuPont
BASF SE
3M Co
PPG Industries Inc.
Mankiewicz Gebr. & Co.
Hentzen Coatings, Inc.
Sherwin-Williams Co
Akzo Nobel NV
Mapaero Coatings
Henkel AG & Company
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