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The global stealth coating market was valued at US$ 275.3 Million in 2021.
We expect the global stealth coating market to exhibit a CAGR of 5.37% during 2022-2027.
The increasing usage of stealth coating for fighter aircraft, bombers, missiles, tanks, and helicopters, to make them less visible to various detection methods, is primarily driving the global stealth coating market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end use industries for stealth coating.
Based on the resin type, the global stealth coating market has been segmented into epoxy, polyurethane, and polyimide. Among these, epoxy represents the largest market share.
Based on the application, the global stealth coating market can be bifurcated into aerospace and defense, automotive, and others. Currently, the aerospace and defense sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global stealth coating market include CFI Custom Military Solutions, Intermat Group SA, Micromag, MWT Materials Inc., Stealth Coatings, Surrey NanoSystems, and Veil Corporation.
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