Product Code: CMI7506
Global aerospace coating market is estimated to be valued at USD 3.36 Bn in 2024 and is expected to reach USD 5.54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
3.36 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.40% |
2031 Value Projection: |
5.54 Bn |
Figure. Aerospace Coating Market Share (%), By Region 2024
Coatings play a pivotal role in aerospace applications by protecting aircraft structures and components from corrosion, extreme temperatures, UV radiation and other environmental factors. These enhance the durability and lifespan of various aircraft parts while maintaining optimal aerodynamics. Advances in nanotechnology have led to the development of novel coating materials like biomimetic and self-healing properties with improved performance characteristics. Rising demand for next-gen aircraft from both commercial and military sectors can boost greater consumption of advanced protective coatings globally.
The market growth is driven by increasing aircraft procurement for fleet expansion and replacement of aging aircraft. Increase in air passenger traffic and freight volumes has compelled airliners to invest in newer aircraft. However, stringent environmental regulations concerning VOC emissions from coating products can hamper the market growth. Development of bio-based and environment-friendly coating solutions presents an opportunity. Growing MRO activities worldwide can boost demand for these coatings.
Key Features of the Study
This report provides in-depth analysis of the global aerospace coating market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global aerospace coating market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include The Sherwin-Williams Company, Socomore, AkzoNobel N.V., PPG Industries, Hentzen Coatings, Inc, Axalta Coating Systems, KC Jones Plating Company, IHI Ionbond AG, BASF SE, Saint-Gobain SA, Mapaero, Bryocat, and Zircotec
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global aerospace coating market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerospace coating market
Market Segmentation
- Resin Type Insights (Revenue, USD Bn, 2019 - 2031)
- Polyurethanes
- Epoxy
- Others
- Technology Insights (Revenue, USD Bn, 2019 - 2031)
- Liquid-coating
- Powder-coating based
- Others
- End User Insights (Revenue, USD Bn, 2019 - 2031)
- Commercial Aviation
- Military Aviation
- General Aviation
- Others
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- The Sherwin-Williams Company
- Socomore
- AkzoNobel N.V.
- PPG Industries
- Hentzen Coatings, Inc
- Axalta Coating Systems
- KC Jones Plating Company
- IHI Ionbond AG
- BASF SE
- Saint-Gobain SA
- Mapaero
- Bryocat
- Zircotec
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Aerospace Coating Market, By Resin Type
- Aerospace Coating Market, By Technology
- Aerospace Coating Market, By End User
- Aerospace Coating Market, By Application
- Aerospace Coating Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
- Industry Trends
4. Aerospace Coating Market, By Resin Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Polyurethanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Epoxy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Aerospace Coating Market, By Technology, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020- 2031
- Segment Trends
- Liquid-coating
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Powder-coating based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Aerospace Coating Market, By End User, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Commercial Aviation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Military Aviation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- General Aviation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Aerospace Coating Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Interior
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Exterior
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
8. Aerospace Coating Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020- 2031, (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- The Sherwin-Williams Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Socomore
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AkzoNobel N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- PPG Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hentzen Coatings, Inc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Axalta Coating Systems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- KC Jones Plating Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- IHI Ionbond AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Saint-Gobain SA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mapaero
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bryocat
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zircotec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. References and Research Methodology
- References
- Research Methodology
- About us