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Global Aerospace Coatings Market was valued at $1,587 million in 2016 and is expected to garner $2,433 million by 2023, registering a CAGR of 6.3% during the forecast period 2017 - 2023. Aircrafts are subjected to high climatic stress which causes wear & tear of metal surfaces, which results in frequent maintenance and repair. Aerospace coatings offer high resistance against corrosion, solar heat & ultra violet rays, fog, and other adverse weather conditions. Along with high protection, it also reduces the weight of aircrafts, and thus helps reduce CO2 emissions.
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Aerospace Coatings Market Global Opportunity Analysis and Industry Forecast, 2017-2023 No. of Pages: 210 Publish: April 2017
Aerospace Coatings Market • Airlines mergers & acquisition and changes in business models increases the need to repaint their fleets, which is expected to drive the growth of the aerospace coatings market. • - Eswar Prasad
Aerospace Coatings Market Overview • Global Aerospace Coatings Market was valued at $1,587 million in 2016 and is expected to garner $2,433 million by 2023, registering a CAGR of 6.3% during the forecast period 2017- 2023. • Aircrafts are subjected to high climatic stress which causes wear & tear of metal surfaces, which results in frequent maintenance and repair. Aerospace coatings offer high resistance against corrosion, solar heat & ultra violet rays, fog, and other adverse weather conditions. • Increase in number of aircrafts due to growth of aviation industry in the emerging markets such as China, and India is expected to propel the demand for aerospace coatings. • Airline mergers are of significant interest for aerospace coatings manufacturers, which is expected to fuel the growth of aerospace coatings market during the forecast period.
Aerospace Coatings Market Report Key Benefits • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global aerospace coatings market to elucidate the prevailing opportunities and the probable investment pockets. • It offers qualitative trends as well as quantitative analysis from 2015 to 2023 to assist the stakeholder to understand the market scenario. • In-depth analysis of the key segments demonstrates the application of aerospace coatings across various user types and end use industries. • Competitive intelligence highlights the business practices followed by key players across the geographies as well as the prevailing market opportunities. • Key players are profiled along with the strategies and developments, which portray the competitive market outlook.
Aerospace Coatings Market Report Key Findings • Asia-Pacific is expected to continue to lead the market in terms of value during the forecast period, followed by North America • Polyurethane resin type segment generated the highest revenue and is projected to grow at a highest CAGR of 6.9% during the forecast period. • Commercial aviation is the largest end-use industry in aerospace coatings market, registering highest CAGR 6.8% during the forecast period. • Europe accounted for approximately more than one-fourth share in the aerospace coatings market in 2016. • The aerospace coatings market in Asia-Pacific is anticipated to grow at the highest CAGR from 2017 to 2023.
Aerospace Coatings Market Segments By User Type By Resin Type Aerospace Coatings Market By End-use Industry By Technology By Geography By Application
3D Printing Materials Market By Geography • North America, Europe, Asia-Pacific, LAMEA
KEY PLAYERS IN INDUSTRY • AHC Oberflchentechnik GmbH • Argosy International • Asahi Kinzoku Kogyo Inc. • Brycoat Inc. • Cheaerospacel • Hohman Plating & Manufacturing LLC • International Aerospace Coatings Holdings Lp • Merck Performance Materials • NVSC Specialty Coatings • Zodiac Aerospace • Download Sample Copy of this Report Click Here
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