Executive Summery
This report presents a detailed overview of the Aircraft Paints & Coatings Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2022-27. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Aircraft Paints & Coatings industry landscape.
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Aircraft Paints & Coatings Market Statistics and Key Highlights
The Global Aircraft Paints and Coatings Market is projected to grow at a CAGR of around 3.98% during the forecast period, 2022-27.
- Aircraft Paints & Coatings market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging Aircraft Paints & Coatings Companies
- PPG Industries, Inc.
- Akzonobel N.V.,
- Mankiewicz Gebr. & Co
- The Sherwin-Williams Company
- BASF SE
- Henkel AG & Co. KGaA
- Hentzen Coatings, Inc.
- IHI Ionbond AG
- Aalberts surface treatment GmbH
- Zircotec Ltd.
- Mapaero
- DuPont
- 3M Co
- Walter Wurdack Inc
- Brycoat, Inc.
- Others
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Key Driver:
The rise in the demand for military aircraft has assisted in increasing the production of military aircraft leading to the surge in demand for the Aircraft Paints and Coating market globally. The high demand for military aircraft is attributed to the extensive investments made by some of the world's largest air forces, such as the US, Russia, India, China, etc., to expand their existing fleet & replace the aging fleet of aircraft to maintain air superiority. Further, military hardware technologies have also tremendously improved with the advent of technologies such as AESA (Advanced Electronically Scanned Array) Radars, Improved avionics, Stealth technologies, etc. These improvements have made the older generation military aircraft significantly vulnerable to the newer generation of aircraft. Moreover, the rising number of new technologies for the up-gradation of older generation jets as well as the fresh purchase of new military aircraft has been increased globally, which further resulted in escalating the market growth. For instance:
- In the year 2021, the United Arab Emirates (UAE) signed a deal with Dassault Aviation to supply 80 Rafale multirole fighter jets for a total cost of USD18.53 billion.
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Aircraft Paints & Coatings Market Segmentation
By Resin Type
- Polyurethane
- Epoxy
- Others (Silicone, Polyester and Acrylic)
Of them all, Polyurethane and Epoxy-based paints and coatings are expected to retain major market share in the Global Aircraft Paints & Coating market in the forecast period.
By Technology
- Water Based
- Solvent Based
- Powder Coating
By Demand Type
- OEM
- MRO
By End-User Industry
- Commercial Aviation
- Military Aviation
- Civil Aviation
By Application
- Interior
- Exterior
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Of all regions globally, North America, with its high manufacturing of aircraft for domestic & export purposes, has grabbed a significant market share for the Aircraft Paints & Coating Market during 2017-2021.
Reasons to Buy This Report
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- Equip your business with data-driven strategies for informed decisions.
- Identify lucrative market opportunities and strategic growth areas.
- Analyze competitors to enhance your positioning in the market landscape.
- Understand geographical trends across diverse markets for better expansion strategies.
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