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The India aerospace coating market was valued at $80 million in 2016, and is projected to reach $130 million by 2023, growing at a CAGR of 7.2% from 2017 to 2023. The solvent based coatings segment accounted for more than 60% share of the India aerospace coating market in 2016.
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India Aerospace Coating Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2017-2023
Introductionof India Aerospace Coating Market The India aerospace coating market was valued at $80 million in 2016, and is projected to reach $130 million by 2023, growing at a CAGR of 7.2% from 2017 to 2023. The solvent based coatings segment accounted for more than 60% share of the India aerospace coating market in 2016. Aerospace coatings is a high-performance coating material applied on the metal surface of aircraft to provide protection against corrosion, ultraviolet rays & solar heat, climatic stress, and fog. Moreover, these coatings are applied to aircraft surface, engines, fuselage components, wings, propellers, landing gears, interiors, and other components to reduce the overall weight of the aircraft and minimize CO2 emissions. The growth of the India aerospace coating market is majorly driven by development of the aviation industry. Moreover, advancement in the field of chromo-free technology is the major factor boosting the growth of the market. In addition, growth in the civil aviation sector due to development of new airports and air services propels the market growth.
Introductionof India Aerospace Coating Market Scopeof theReport KeyBenefits KeyAudiences
Key Benefits This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with strategic assessment of India Aerospace coating market. Market size and estimations are based on comprehensive analysis of the modalities, applications, end users, and developments in the industry. The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market. In terms of volume, polyurethane accounted for share of nearly 59.13% in the India aerospace coating market in 2017. In terms of value, commercial aviation accounted for 49.45% of the India aerospace coating market in 2017.
Table of Content (TOC) Chapter: 1 Introduction Chapter: 2 Executive Summary Chapter: 3 Market Overview Chapter: 4: India Aerospace Coatings Market, By Resin Type Chapter: 5: India Aerospace Coating Market, By Technology Chapter: 6: India Aerospace Coating Market, By User Type Chapter: 7: India Aerospace Coating Market, By End-use Industry Chapter: 8: India Aerospace Coating Market, By Application Chapter: 9: Company Profiles
Segments India Aerospace Coating Market
Segments India Aerospace Coating Market
Segments India Aerospace Coating Market
Company Profiles India Aerospace Coating Market AkzoNobel N.V. BASF SE Henkel AG & Co. Kgaa Hentzen Coatings, Inc. IHI Ionbond AG. Mankiewicz Gebr. & Co.
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