Asia Pacific Aerospace Coating Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis By Resin Type ( Epoxy, Polyurethane, Others ); Technology ( Liquid Coating, Powder Coating ); End-User ( Commercial Aviation, Military Aviation, General Aviation), and Country


No. of Pages: 127    |    Report Code: TIPRE00019178    |    Category: Chemicals and Materials

Asia Pacific Aerospace Coating Market
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Market Introduction

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.

Market Overview and Dynamics

The Asia Pacific Aerospace Coating market was valued at US$ 409.26 million in 2019 and is projected to reach US$ 678.48 million by 2027; it is expected to grow at a CAGR of 6.7% during the forecast period 2020-2027. The growing environmental concerns across the world has made the manufacturers focus on bio-based epoxy resins. The aerospace industry uses epoxy coatings primers for floor coatings, corrosion protection, aerospace hangars, and corporate aircraft hangars, etc.

Key Market Segments

By resin type, the Epoxy segment accounted for the largest market share in the Asia Pacific Aerospace Coating market in 2019. In terms of technology, the liquid coating segment held the largest market share of the Aerospace Coating market by 2019. In terms of end-user, the Military Aviation segment held the largest market share of the Aerospace Coating market by 2019.

Major Sources and Companies Listed

Some of the major primary and secondary sources for Asia Pacific Aerospace Coating market included in the report are 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 COVID-19 is anticipated to cause a loss of more than 3 Billion in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Government have asked the chemical & materials manufacturers to delay their production which will adversely affect the supply of Aerospace Coating.

Reasons to buy the report

  • To understand the Aerospace Coating market landscape and identify market segments that are most likely to guarantee a strong return
  • To stay ahead by comprehending the ever-changing competitive landscape for the Aerospace Coating market
  • To efficiently plan M&A and partnership deals in the Aerospace Coating market by identifying market segments with most promising probable sales
  • To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Aerospace Coating market
  • To obtain market revenue forecast for market by various segments from 2018 to 2027

Asia Pacific Aerospace Coating Market Segmentation

By Resin Type

  • Epoxy
  • Polyurethane
  • Others

By Technology

  • Liquid Coating
  • Powder Coating

By End-User

  • Commercial Aviation
  • Military Aviation
  • General Aviation

By Country

  • Australia
  • China
  • Japan
  • India
  • South Korea
  • Rest of APAC

Company Profiles

  • 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

 

 

 

 

 


Asia Pacific Aerospace Coating Strategic Insights

Strategic insights for the Asia Pacific Aerospace Coating provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Aerospace Coating Report Scope

Report Attribute Details
Market size in 2019 US$ 409.26 Million
Market Size by 2027 US$ 678.48 Million
Global CAGR (2020 - 2027) 6.7%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Resin Type
  • Epoxy
  • Polyurethane
By Technology
  • Liquid Coating
  • Powder Coating
By End-User
  • Commercial Aviation
  • Military Aviation
  • General Aviation
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • 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
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    Asia Pacific Aerospace Coating Regional Insights

    The geographic scope of the Asia Pacific Aerospace Coating refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Asia Pacific Aerospace Coating Market

    1. Akzo Nobel N.V.
    2. BASF SE
    3. Hardide plc
    4. Henkel AG & Co. KGaA
    5. Hentzen Coatings
    6. IHI Ionbond AG
    7. Mankiewicz Group
    8. PPG Industries, Inc.,
    9. The Sherwin-Williams Company
    10. Zircotec
    Frequently Asked Questions
    How big is the Asia Pacific Aerospace Coating Market?

    The Asia Pacific Aerospace Coating Market is valued at US$ 409.26 Million in 2019, it is projected to reach US$ 678.48 Million by 2027.

    What is the CAGR for Asia Pacific Aerospace Coating Market by (2020 - 2027)?

    As per our report Asia Pacific Aerospace Coating Market, the market size is valued at US$ 409.26 Million in 2019, projecting it to reach US$ 678.48 Million by 2027. This translates to a CAGR of approximately 6.7% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Aerospace Coating Market report typically cover these key segments-

    • Resin Type (Epoxy, Polyurethane)
    • Technology (Liquid Coating, Powder Coating)
    • End-User (Commercial Aviation, Military Aviation, General Aviation)

    What is the historic period, base year, and forecast period taken for Asia Pacific Aerospace Coating Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Aerospace Coating Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
  • Who are the major players in Asia Pacific Aerospace Coating Market?

    The Asia Pacific Aerospace Coating Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • 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
  • Who should buy this report?

    The Asia Pacific Aerospace Coating Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Aerospace Coating Market value chain can benefit from the information contained in a comprehensive market report.

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