Global Aero-Engine Coating Market 2024-2028
The aero-engine coating market is forecasted to grow by USD 130.6 mn during 2023-2028, accelerating at a CAGR of 5.97% during the forecast period. The report on the aero-engine coating market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by focus on engine safety and improving efficiency, increased procurement of new aircraft, and growing demand for military aircraft engines.
Technavio's aero-engine coating market is segmented as below:
ByApplication
- Commercial aircraft
- Military aircraft
- Others
ByFormulation
- Powder coatings
- Liquid coatings
- Wired coatings
ByGeography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increasing demand for energy efficient engines as one of the prime reasons driving the aero-engine coating market growth during the next few years. Also, shift to additive manufacturing and development of nano-coating will lead to sizable demand in the market.
The report on the aero-engine coating market covers the following areas:
- Aero-engine coating market sizing
- Aero-engine coating market forecast
- Aero-engine coating market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aero-engine coating market vendors that include A and A Thermal Spray Coatings, Akzo Nobel NV, APS Materials Inc., Argosy International Inc., BASF SE, BryCoat Inc., Dow Chemical Co., Henkel AG and Co. KGaA, Hentzen Coatings Inc., Hohman Plating, IHI Corp., Indestructible Paint Ltd., Lincotek Surface Solutions SPA, Linde Plc, Mankiewicz Gebr. and Co., OC Oerlikon Corp. AG, PPG Industries Inc., Sequa Corp., The Sherwin Williams Co., and Zircotec Ltd.. Also, the aero-engine coating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.