Advantage of using Aerospace Coating is projected to escalate the Aerospace Coating market growth at CAGR of 6.2% during 2020–2027

According to our latest market study on “North America Aerospace Coating Market Forecast to 2027 – COVID-19 Impact and North America (APAC) Analysis – By Resin Type ( Epoxy, Polyurethane, Others ); Technology ( Liquid Coating, Powder Coating ); End-User ( Commercial Aviation, Military Aviation, General Aviation), and Country,” the market was valued at US$ 602.81 million in 2019 and is projected to reach US$ 968.01 million by 2027; it is expected to grow at a CAGR of 6.2% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments in the market.

Aircrafts has to withstand high climatic stress which generally damages the metal surface resulting in frequent repairs and maintenance. Aerospace coatings provides high resistance against corrosion, ultraviolet rays and solar hear, fog and other adverse weather conditions. Aerospace coating not only provides protection the aircraft but also reduces the weight of the aircraft which helps in reducing CO2 emission. The requirement of coatings for aircraft is also due to the change in environment regulations. Aerospace coatings are designed in order to prevent temperature fluctuations, variable air pressure and variable air instabilities. Miniaturization, Precision and high strength has become the important features of aerospace coating.

Aerospace coating not only provides protection the aircraft but also reduces the weight of the aircraft which helps in reducing CO2 emission. The requirement of coatings for aircraft is also due to the change in environment regulations. Aerospace coatings are designed in order to prevent temperature fluctuations, variable air pressure and variable air instabilities. Miniaturization, Precision and high strength has become the important features of aerospace coating.

The North America Aerospace Coating market is concentrated with a few well-established players such as Akzo Nobel N.V., BASF SE, Hardide plc., Henkel AG & Co. KGaA, Hentzen Coatings, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company, Zircotec.

Impact of COVID-19 Pandemic on Aerospace Coating Market

The U.S has the highest number of confirmed cases of COVID-19, as, compared to Mexico and Canada. This is likely to impact the chemicals and materials industry as, due to the COVID-19, the supply chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.

The report includes the segmentation of the North America Aerospace Coating market as follows:

By Resin Type

• Epoxy
• Polyurethane
• Others

By Technology

• Liquid Coating
• Powder Coating

By End-User

• Commercial Aviation
• Military Aviation
• General Aviation

By Country

• US
• Canada
• Mexico

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