Aerospace Coatings Market

Market Overview:

The global aerospace coatings market grew at a CAGR of around 6% during 2015 & 2020. Aerospace coatings are made using multiple layers of materials to improve aircraft efficiency and overall performance. These coatings can withstand high temperatures and offer resistance against corrosion and ultraviolet (UV) rays, which helps to increase the lifespan of the aircraft. As a result, they are utilized to protect the exteriors of planes from harsh weather conditions, improve durability, reduce in-flight drag on wings, prevent surface icing and facilitate vacuum-suction waste evacuation. They are also used to keep the interiors like ceiling panels, galley carts, sidewalls and seats cool.

A significant rise in the demand for commercial aviation on account of the improving living standards of individuals and the thriving e-commerce and travel and tourism industry represents one of the key factors bolstering the market growth. Moreover, rapid globalization is encouraging the adoption of private jets for business travel, which is also contributing to the market growth. The increasing number of space missions is further escalating the demand for aerospace coatings. Moreover, with the growing international border disputes, governing agencies of numerous countries are procuring advanced military warplanes, which is influencing the market growth. In line with this, several manufacturers are developing UV-cured aerospace coatings to reduce the emissions of volatile organic compounds (VOCs). They are also using lightweight materials and chrome-free technologies to reduce weight and fuel consumption, thereby minimizing the carbon footprint of the aircraft. This is anticipated to expand the applications of aircraft coatings in the coming years. Looking forward, IMARC Group expects the global aerospace coatings market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aerospace coatings market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, resin type, product form, application, aircraft type and end user.

Breakup by Resin Type:

• Epoxy
• Acrylic
• Polyurethane
• Others
   

Breakup by Product Form:

• Liquid
• Powder
• Others
   

Breakup by Application:

• Exterior
• Interior
   

Breakup by Aircraft Type:

• Commercial
• Military
• Others
   

Breakup by End User:

• Original Equipment Manufacturers (OEMs)
• Maintenance, Repair and Overhaul Companies (MRO Companies)
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aalberts Surface Treatment GmbH, Akzo Nobel N.V., Axalta Coating Systems Ltd., Henkel AG & Co. KGaA, Hentzen Coatings Inc., IHI Ionbond AG, Mankiewicz Gebr. & Co. (GmbH & Co. KG), PPG Industries Inc., Saint-Gobain S.A., The Sherwin-Williams Company and Zircotec Ltd.

Key Questions Answered in This Report:

• How has the global aerospace coatings market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global aerospace coatings market?
• What are the key regional markets?
• What is the breakup of the market based on the resin type?
• What is the breakup of the market based on the product form?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the aircraft type?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global aerospace coatings market and who are the key players?
• What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1   Overview
    4.2   Key Industry Trends
5   Global Aerospace Coatings Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6    Market Breakup by Resin Type
     6.1   Epoxy
        6.1.1  Market Trends
        6.1.2  Market Forecast
     6.2   Acrylic
        6.2.1  Market Trends
        6.2.2  Market Forecast
     6.3   Polyurethane
        6.3.1  Market Trends
        6.3.2  Market Forecast
     6.4   Others
        6.4.1  Market Trends
        6.4.2  Market Forecast
7    Market Breakup by Product Form
     7.1   Liquid
        7.1.1  Market Trends
        7.1.2  Market Forecast
     7.2   Powder
        7.2.1  Market Trends
        7.2.2  Market Forecast
     7.3   Others
        7.3.1  Market Trends
        7.3.2  Market Forecast
8    Market Breakup by Application
     8.1   Exterior
        8.1.1  Market Trends
        8.1.2  Market Forecast
     8.2   Interior
        8.2.1  Market Trends
        8.2.2  Market Forecast
9    Market Breakup by Aircraft Type
     9.1   Commercial
        9.1.1  Market Trends
        9.1.2  Market Forecast
     9.2   Military
        9.2.1  Market Trends
        9.2.2  Market Forecast
     9.3   Others
        9.3.1  Market Trends
        9.3.2  Market Forecast
10    Market Breakup by End User
     10.1   Original Equipment Manufacturers (OEMs)
        10.1.1  Market Trends
        10.1.2  Market Forecast
     10.2   Maintenance, Repair and Overhaul Companies (MRO Companies)
        10.2.1  Market Trends
        10.2.2  Market Forecast
11    Market Breakup by Region
     11.1   North America
          11.1.1   United States
               11.1.1.1  Market Trends
               11.1.1.2  Market Forecast
          11.1.2   Canada
               11.1.2.1  Market Trends
               11.1.2.2  Market Forecast
     11.2   Asia-Pacific
          11.2.1   China
               11.2.1.1  Market Trends
               11.2.1.2  Market Forecast
          11.2.2   Japan
               11.2.2.1  Market Trends
               11.2.2.2  Market Forecast
          11.2.3   India
               11.2.3.1  Market Trends
               11.2.3.2  Market Forecast
          11.2.4   South Korea
               11.2.4.1  Market Trends
               11.2.4.2  Market Forecast
          11.2.5   Australia
               11.2.5.1  Market Trends
               11.2.5.2  Market Forecast
          11.2.6   Indonesia
               11.2.6.1  Market Trends
               11.2.6.2  Market Forecast
          11.2.7   Others
               11.2.7.1  Market Trends
               11.2.7.2  Market Forecast
     11.3   Europe
          11.3.1   Germany
               11.3.1.1  Market Trends
               11.3.1.2  Market Forecast
          11.3.2   France
               11.3.2.1  Market Trends
               11.3.2.2  Market Forecast
          11.3.3   United Kingdom
               11.3.3.1  Market Trends
               11.3.3.2  Market Forecast
          11.3.4   Italy
               11.3.4.1  Market Trends
               11.3.4.2  Market Forecast
          11.3.5   Spain
               11.3.5.1  Market Trends
               11.3.5.2  Market Forecast
          11.3.6   Russia
               11.3.6.1  Market Trends
               11.3.6.2  Market Forecast
          11.3.7   Others
               11.3.7.1  Market Trends
               11.3.7.2  Market Forecast
     11.4   Latin America
          11.4.1   Brazil
               11.4.1.1  Market Trends
               11.4.1.2  Market Forecast
          11.4.2   Mexico
               11.4.2.1  Market Trends
               11.4.2.2  Market Forecast
          11.4.3   Others
               11.4.3.1  Market Trends
               11.4.3.2  Market Forecast
     11.5   Middle East and Africa
          11.5.1  Market Trends
          11.5.2  Market Breakup by Country
          11.5.3  Market Forecast
12    SWOT Analysis
    12.1   Overview
    12.2   Strengths
    12.3   Weaknesses
    12.4   Opportunities
    12.5   Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1   Overview
    14.2   Bargaining Power of Buyers
    14.3   Bargaining Power of Suppliers
    14.4   Degree of Competition
    14.5   Threat of New Entrants
    14.6   Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1   Market Structure
    16.2   Key Players
    16.3   Profiles of Key Players
         16.3.1   Aalberts Surface Treatment GmbH
              16.3.1.1   Company Overview
              16.3.1.2   Product Portfolio
         16.3.2   Akzo Nobel N.V.
              16.3.2.1   Company Overview
              16.3.2.2   Product Portfolio
              16.3.2.3   Financials
              16.3.2.4   SWOT Analysis
         16.3.3   Axalta Coating Systems Ltd.
              16.3.3.1   Company Overview
              16.3.3.2   Product Portfolio
              16.3.3.3   Financials
              16.3.3.4   SWOT Analysis
         16.3.4   Henkel AG & Co. KGaA
              16.3.4.1   Company Overview
              16.3.4.2   Product Portfolio
              16.3.4.3   Financials
              16.3.4.4   SWOT Analysis
         16.3.5   Hentzen Coatings Inc.
              16.3.5.1   Company Overview
              16.3.5.2   Product Portfolio
         16.3.6   IHI Ionbond AG
              16.3.6.1   Company Overview
              16.3.6.2   Product Portfolio
         16.3.7   Mankiewicz Gebr. & Co. (GmbH & Co. KG)
              16.3.7.1   Company Overview
              16.3.7.2   Product Portfolio
         16.3.8   PPG Industries Inc.
              16.3.8.1   Company Overview
              16.3.8.2   Product Portfolio
              16.3.8.3   Financials
              16.3.8.4   SWOT Analysis
         16.3.9   Saint-Gobain S.A.
              16.3.9.1   Company Overview
              16.3.9.2   Product Portfolio
              16.3.9.3   Financials
              16.3.9.4   SWOT Analysis
         16.3.10   The Sherwin-Williams Company
              16.3.10.1   Company Overview
              16.3.10.2   Product Portfolio
              16.3.10.3   Financials
              16.3.10.4   SWOT Analysis
         16.3.11   Zircotec Ltd.
              16.3.11.1   Company Overview
              16.3.11.2   Product Portfolio

List of Figures

Figure 1: Global: Aerospace Coatings Market: Major Drivers and Challenges
Figure 2: Global: Aerospace Coatings Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Aerospace Coatings Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Aerospace Coatings Market: Breakup by Resin Type (in %), 2020
Figure 5: Global: Aerospace Coatings Market: Breakup by Product Form (in %), 2020
Figure 6: Global: Aerospace Coatings Market: Breakup by Application (in %), 2020
Figure 7: Global: Aerospace Coatings Market: Breakup by Aircraft Type (in %), 2020
Figure 8: Global: Aerospace Coatings Market: Breakup by End User (in %), 2020
Figure 9: Global: Aerospace Coatings Market: Breakup by Region (in %), 2020
Figure 10: Global: Aerospace Coatings (Epoxy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Aerospace Coatings (Epoxy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Aerospace Coatings (Acrylic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Aerospace Coatings (Acrylic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Aerospace Coatings (Polyurethane) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Aerospace Coatings (Polyurethane) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Aerospace Coatings (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Aerospace Coatings (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Aerospace Coatings (Liquid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Aerospace Coatings (Liquid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Aerospace Coatings (Powder) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Aerospace Coatings (Powder) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Aerospace Coatings (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Aerospace Coatings (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Aerospace Coatings (Exterior) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Aerospace Coatings (Exterior) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Aerospace Coatings (Interior) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Aerospace Coatings (Interior) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Aerospace Coatings (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Aerospace Coatings (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Aerospace Coatings (Military) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Aerospace Coatings (Military) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Aerospace Coatings (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Aerospace Coatings (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Aerospace Coatings (Original Equipment Manufacturers (OEMs)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Aerospace Coatings (Original Equipment Manufacturers (OEMs)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Aerospace Coatings (Maintenance, Repair and Overhaul Companies (MRO Companies)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Aerospace Coatings (Maintenance, Repair and Overhaul Companies (MRO Companies)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: North America: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: North America: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: North America: Aerospace Coatings Market: Breakup by Country (in %), 2020
Figure 41: United States: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: United States: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Canada: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Canada: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Asia-Pacific: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Asia-Pacific: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Asia-Pacific: Aerospace Coatings Market: Breakup by Country (in %), 2020
Figure 48: China: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: China: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Japan: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Japan: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: India: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: India: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: South Korea: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: South Korea: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Australia: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Australia: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Indonesia: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Indonesia: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Europe: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Europe: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Europe: Aerospace Coatings Market: Breakup by Country (in %), 2020
Figure 65: Germany: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Germany: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: France: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: France: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: United Kingdom: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: United Kingdom: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Italy: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Italy: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Spain: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Spain: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Russia: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Russia: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Others: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Others: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Latin America: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Latin America: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Latin America: Aerospace Coatings Market: Breakup by Country (in %), 2020
Figure 82: Brazil: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Brazil: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Mexico: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Mexico: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Others: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Others: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Middle East and Africa: Aerospace Coatings Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Middle East and Africa: Aerospace Coatings Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Middle East and Africa: Aerospace Coatings Market: Breakup by Country (in %), 2020
Figure 91: Global: Aerospace Coatings Industry: SWOT Analysis
Figure 92: Global: Aerospace Coatings Industry: Value Chain Analysis
Figure 93: Global: Aerospace Coatings Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Aerospace Coatings Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Aerospace Coatings Market Forecast: Breakup by Resin Type (in Million US$), 2021-2026
Table 3: Global: Aerospace Coatings Market Forecast: Breakup by Product Form (in Million US$), 2021-2026
Table 4: Global: Aerospace Coatings Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Aerospace Coatings Market Forecast: Breakup by Aircraft Type (in Million US$), 2021-2026
Table 6: Global: Aerospace Coatings Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 7: Global: Aerospace Coatings Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Aerospace Coatings Market: Competitive Structure
Table 9: Global: Aerospace Coatings Market: Key Players