Global Aerospace Coatings Market Growth 2023-2029

Global Aerospace Coatings Market Growth 2023-2029

The aerospace coatings must withstand extreme operating environment and can be applied to both the exterior and interior surfaces of the aircraft. The exterior surface of the aircraft often requires decorative painting to maintain the appearance and protection against corrosion.
High performance coatings are needed to protect surface from extreme weather conditions and enhance dirt resistance and reduced drag resistance. The requirement of coatings in aerospace industry is highly specific due to the changes in environment regulations.
LPI (LP Information)' newest research report, the “Aerospace Coatings Industry Forecast” looks at past sales and reviews total world Aerospace Coatings sales in 2022, providing a comprehensive analysis by region and market sector of projected Aerospace Coatings sales for 2023 through 2029. With Aerospace Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aerospace Coatings industry.
This Insight Report provides a comprehensive analysis of the global Aerospace Coatings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aerospace Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aerospace Coatings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aerospace Coatings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aerospace Coatings.
The global Aerospace Coatings market size is projected to grow from US$ 556.6 million in 2022 to US$ 1132.9 million in 2029; it is expected to grow at a CAGR of 1132.9 from 2023 to 2029.
Aerospace Coatings market has a high technical barrier. Market concentration is high with the top 6 players takes over 85% of the global share. Across the world, the major players cover AkzoNobel (Mapaero), PPG Industries, Sherwin Williams, Hentzen Coatings, Mankiewicz, BASF, Axalta Coating Systems, Indestructible Paint, China Haohua Chemical Group, etc.
Europe is the largest market, with a share of over 30%, followed by Asia Pacific, and North America, both have a share of over 55 percent.
The Aerospace Coatings industry can be broken down into several segments, in terms of technology, it can be split into Solvent-Based Coating, Water-Based Coating, and Powder Coating. In terms of resin type, it can be split into Polyurethane, Epoxy, etc. In terms of application, Aerospace Coatings can be classified as OEM, and MRO OEM is the major market of Aerospace Coatings, with about 60% of the global market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Aerospace Coatings market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solvent-Based Coating
Water-Based Coating
Powder Coating
Segmentation by application
Civil Aviation
Military Aviation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AkzoNobel (Mapaero)
PPG Industries
Sherwin Williams
Hentzen Coatings
Mankiewicz
BASF
Axalta Coating Systems
Indestructible Paint
China Haohua Chemical Group

Key Questions Addressed in this Report
What is the 10-year outlook for the global Aerospace Coatings market?
What factors are driving Aerospace Coatings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aerospace Coatings market opportunities vary by end market size?
How does Aerospace Coatings break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.