11-Nov-2024 | Zion Market Research
global Aviation Coating Market was worth USD 3.14 Billion in 2023. The market is forecast to reach USD 4.23 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3.36% during the forecast period 2024-2032
The report covers forecast and analysis for the aviation coating market on a global and regional level. The study provides historic data of 2016-2020 along with a forecast for 2021 to 2028 based revenue (Kilo Tons)(USD Billion). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aviation coating market on a global level.
In order to give the users of this report a comprehensive view on the aviation coating market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the aviation coating market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view on the aviation coating market by segmenting the market based on type, process, end users, and region. All the segments have been analyzed based on current and future trends and the market is estimated from 2016 to 2028. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India, and Brazil.
The aviation coating market was dominated by Asia Pacific in 2020 and was considered to be the highest revenue generating region. This was mainly due to the huge investment in defense by the governing bodies of China & India. Moreover, accomplishment from the Indian government for improvement of tourism in India is expected to be the most prominent markets in the near future. In 2019, North America was considered the potent markets for the aviation coating market. This was mainly due to high consumption of aviation coating market in U.S and Germany. Europe is expected to experience lucrative growth over the forecast period owing to rapidly growing cargo transportation in Europe. Latin America is expected to witness decent growth over the period of years due to growing industrialization in Brazil. The Middle East and Africa are anticipated to propel the growth of aviation coating market in the forecast period.
Some of the global major players in the aviation coating are BASF SE, Akzonobel N.V., IHI Ionbond AG, PPG Industries, Inc., Zircotec Ltd., Mankiewicz Gebr. & Co, Zodiac Aerospace, The Sherwin-Williams Company, Hentzen Coatings, Inc., Henkel AG & Co. KGaA, Mapaero and Merck Performance Materials among others.
Browse the full “Aviation Coating Market By Type (Acrylic, Polyurethane, Epoxy, Others), Process (Powder coating, Liquid coating, Others), By End User (General aviation, Commercial aviation, and Military aviation): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/aviation-coating-market
The report segments the Aviation Coatings market into:
By Type
By Material
By Application
By Region
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