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Global Aero-Engine Coatings Market by Aircraft Type (Commercial Aviation, Military Aircraft), Coating Type (Diffusion Aluminide Coatings, Erosion & Corrosion Resistant Coatings, Thermal Barrier Coatings), Engine Type, Form Type, Process, Application - Forecast 2024-2030

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    Report

  • 182 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5094071
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The Aero-Engine Coatings Market size was estimated at USD 1.48 billion in 2023, USD 1.54 billion in 2024, and is expected to grow at a CAGR of 5.16% to reach USD 2.10 billion by 2030.

Aero-engine coatings are specialized coatings applied to the surface of the components of an aircraft's engine. Aero-engine coatings serve various purposes, including protecting the engine from high temperatures, corrosion, wear and tear, and improving engine performance and fuel efficiency. Growing production of aircraft and increasing investments by various organizations in the aviation industry are elevating the demand for aero-engine coatings. A growing focus on improving fuel efficiency and reducing aircraft operating costs is expected to increase the adoption of aero-engine coatings. The high cost of raw materials and the release of harmful volatile organic compounds (VOCs) during coating operations hamper the market's growth. Growing manufacturing of new materials for aero-engine coatings, including advanced ceramics, polymers, and composites, is expected to create opportunities for market growth.

Regional Insights

The United States has many passengers traveling by air, and as per the International Trade Administration (ITA), over 58,000 tons of cargo are transported daily. As per the Federal Aviation Administration (FAA), the number of commercial aircraft is expected to reach 8,270 by 2037 due to increased cargo transportation by aircraft. The usage of aircraft for cargo transportation, last-mile delivery, medical emergencies, air shuttle, private transport, and other areas has been increasing in Brazil, Canada, the U.S., and Chile due to high congestion and the indirect routes with higher circuity factors for ground-based vehicles, which creates a demand for aero-engine coatings in the Americas. The Asia-Pacific region is showcasing significant expansion of the aerospace industry due to an elevated shift toward air transportation, freight services, and medical emergencies, further bolstering the usage of aero-engine coatings. The International Civil Aviation Organization (ICAO) estimated that air traffic in the Asia-Pacific region is expected to triple by 2030. The presence of well-established players and increasing research & development activities to develop sustainable aero-engine coatings in the Americas and Europe are expected to benefit the market's growth.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aero-Engine Coatings Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aero-Engine Coatings Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aero-Engine Coatings Market, highlighting leading vendors and their innovative profiles. These include A&A Thermal Spray Coatings, Akzo Nobel N.V., APS Materials, Inc., Axalta Coating Systems, LLC, BASF SE, Bodycote PLC, CASwell Inc., Chromalloy Gas Turbine LLC, Compagnie de Saint-Gobain S.A., Curtiss-Wright Corporation, CVD Equipment Corporation, DuPont de Nemours, Inc., Flame Spray SpA, General Electric Company, H.C. Starck Solutions, Henkel AG & Co. KGaA, Hentzen Coatings, Inc., Honeywell International Inc., Howmet Aerospace Inc., IHI Ionbond AG, Indestructible Paint Limited, Lincotek Group S.p.A., MDS Coating Technologies Corp., Metallisation Limited, MTU Aero Engines AG, OC Oerlikon Corporation AG, PPG Industries, Inc., Praxair S.T. Technology Inc. by Linde PLC, SilcoTek, and Turbocam Inc.

Market Segmentation & Coverage

This research report categorizes the Aero-Engine Coatings Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Aircraft Type
    • Commercial Aviation
    • Military Aircraft
  • Coating Type
    • Diffusion Aluminide Coatings
    • Erosion & Corrosion Resistant Coatings
    • Thermal Barrier Coatings
  • Engine Type
    • Turbofan
    • Turbojet
    • Turboprop
    • Turboshaft
  • Form Type
    • Liquid Coating
    • Powder Coating
    • Wired Coating
  • Process
    • EBPVD Process
    • Spray Process
  • Application
    • Afterburner Section
    • Bearings & Accessories
    • Combustion Section
    • Compressor Section
    • Turbine Section
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Aero-Engine Coatings Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aero-Engine Coatings Market?
  3. What are the technology trends and regulatory frameworks in the Aero-Engine Coatings Market?
  4. What is the market share of the leading vendors in the Aero-Engine Coatings Market?
  5. Which modes and strategic moves are suitable for entering the Aero-Engine Coatings Market?

 

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Purchase of this report includes 1 year online access with quarterly updates

Purchase of this report includes 1 year online access with quarterly updates

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Aero-Engine Coatings Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing production of aircraft globally
5.1.1.2. Growing focus on sustainability and improving fuel efficiency across aircraft
5.1.1.3. Rising emphasis on engine safety across military and commercial aircraft
5.1.2. Restraints
5.1.2.1. Issues related to anti-erosion coating performance
5.1.3. Opportunities
5.1.3.1. Emerging trend of smart aero-engine coatings
5.1.3.2. Increasing development of new materials for aero-engine coatings
5.1.4. Challenges
5.1.4.1. Release of harmful VOCs during coating operations
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Aero-Engine Coatings Market, by Aircraft Type
6.1. Introduction
6.2. Commercial Aviation
6.3. Military Aircraft
7. Aero-Engine Coatings Market, by Coating Type
7.1. Introduction
7.2. Diffusion Aluminide Coatings
7.3. Erosion & Corrosion Resistant Coatings
7.4. Thermal Barrier Coatings
8. Aero-Engine Coatings Market, by Engine Type
8.1. Introduction
8.2. Turbofan
8.3. Turbojet
8.4. Turboprop
8.5. Turboshaft
9. Aero-Engine Coatings Market, by Form Type
9.1. Introduction
9.2. Liquid Coating
9.3. Powder Coating
9.4. Wired Coating
10. Aero-Engine Coatings Market, by Process
10.1. Introduction
10.2. EBPVD Process
10.3. Spray Process
11. Aero-Engine Coatings Market, by Application
11.1. Introduction
11.2. Afterburner Section
11.3. Bearings & Accessories
11.4. Combustion Section
11.5. Compressor Section
11.6. Turbine Section
12. Americas Aero-Engine Coatings Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Aero-Engine Coatings Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Aero-Engine Coatings Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
15.3.1. Merger & Acquisition
15.3.1.1. Lincotek acquires Hitemco, an industry leader in thermal spray and diffusion coatings
15.3.2. Agreement, Collaboration, & Partnership
15.3.2.1. AeroSHARK thin film reduces drag on airplanes
15.3.3. New Product Launch & Enhancement
15.3.3.1. AkzoNobel Launches Aerofleet Coatings Management
15.3.3.2. GE Aerospace’s New Jet Engine Services Center Enables More Efficient Repairs and Supply Chain Solutions
15.3.4. Investment & Funding
15.3.4.1. Wave Engine Corporation Raises USD 3.5 Million in Latest Financing Round
15.3.4.2. Aircraft Engine Company Safran to Invest USD 305 Million in India
15.3.5. Award, Recognition, & Expansion
15.3.5.1. CVD Equipment Received USD 3.7 Million Aerospace Order for Production Coating System
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. A&A Thermal Spray Coatings
16.1.2. Akzo Nobel N.V.
16.1.3. APS Materials, Inc.
16.1.4. Axalta Coating Systems, LLC
16.1.5. BASF SE
16.1.6. Bodycote PLC
16.1.7. CASwell Inc.
16.1.8. Chromalloy Gas Turbine LLC
16.1.9. Compagnie de Saint-Gobain S.A.
16.1.10. Curtiss-Wright Corporation
16.1.11. CVD Equipment Corporation
16.1.12. DuPont de Nemours, Inc.
16.1.13. Flame Spray SpA
16.1.14. General Electric Company
16.1.15. H.C. Starck Solutions
16.1.16. Henkel AG & Co. KGaA
16.1.17. Hentzen Coatings, Inc.
16.1.18. Honeywell International Inc.
16.1.19. Howmet Aerospace Inc.
16.1.20. IHI Ionbond AG
16.1.21. Indestructible Paint Limited
16.1.22. Lincotek Group S.p.A.
16.1.23. MDS Coating Technologies Corp.
16.1.24. Metallisation Limited
16.1.25. MTU Aero Engines AG
16.1.26. OC Oerlikon Corporation AG
16.1.27. PPG Industries, Inc.
16.1.28. Praxair S.T. Technology Inc. by Linde PLC
16.1.29. SilcoTek
16.1.30. Turbocam Inc.
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. AERO-ENGINE COATINGS MARKET RESEARCH PROCESS
FIGURE 2. AERO-ENGINE COATINGS MARKET SIZE, 2023 VS 2030
FIGURE 3. AERO-ENGINE COATINGS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. AERO-ENGINE COATINGS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. AERO-ENGINE COATINGS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. AERO-ENGINE COATINGS MARKET DYNAMICS
FIGURE 7. AERO-ENGINE COATINGS MARKET SIZE, BY AIRCRAFT TYPE, 2023 VS 2030 (%)
FIGURE 8. AERO-ENGINE COATINGS MARKET SIZE, BY AIRCRAFT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. AERO-ENGINE COATINGS MARKET SIZE, BY COATING TYPE, 2023 VS 2030 (%)
FIGURE 10. AERO-ENGINE COATINGS MARKET SIZE, BY COATING TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AERO-ENGINE COATINGS MARKET SIZE, BY ENGINE TYPE, 2023 VS 2030 (%)
FIGURE 12. AERO-ENGINE COATINGS MARKET SIZE, BY ENGINE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AERO-ENGINE COATINGS MARKET SIZE, BY FORM TYPE, 2023 VS 2030 (%)
FIGURE 14. AERO-ENGINE COATINGS MARKET SIZE, BY FORM TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AERO-ENGINE COATINGS MARKET SIZE, BY PROCESS, 2023 VS 2030 (%)
FIGURE 16. AERO-ENGINE COATINGS MARKET SIZE, BY PROCESS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AERO-ENGINE COATINGS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 18. AERO-ENGINE COATINGS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AMERICAS AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. AMERICAS AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. UNITED STATES AERO-ENGINE COATINGS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 22. UNITED STATES AERO-ENGINE COATINGS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ASIA-PACIFIC AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. ASIA-PACIFIC AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. EUROPE, MIDDLE EAST & AFRICA AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. EUROPE, MIDDLE EAST & AFRICA AERO-ENGINE COATINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. AERO-ENGINE COATINGS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 28. AERO-ENGINE COATINGS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • A&A Thermal Spray Coatings
  • Akzo Nobel N.V.
  • APS Materials, Inc.
  • Axalta Coating Systems, LLC
  • BASF SE
  • Bodycote PLC
  • CASwell Inc.
  • Chromalloy Gas Turbine LLC
  • Compagnie de Saint-Gobain S.A.
  • Curtiss-Wright Corporation
  • CVD Equipment Corporation
  • DuPont de Nemours, Inc.
  • Flame Spray SpA
  • General Electric Company
  • H.C. Starck Solutions
  • Henkel AG & Co. KGaA
  • Hentzen Coatings, Inc.
  • Honeywell International Inc.
  • Howmet Aerospace Inc.
  • IHI Ionbond AG
  • Indestructible Paint Limited
  • Lincotek Group S.p.A.
  • MDS Coating Technologies Corp.
  • Metallisation Limited
  • MTU Aero Engines AG
  • OC Oerlikon Corporation AG
  • PPG Industries, Inc.
  • Praxair S.T. Technology Inc. by Linde PLC
  • SilcoTek
  • Turbocam Inc.

Methodology

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