Advantage of using Aerospace Coating is projected to escalate the Aerospace Coating market growth at CAGR of 5.8% during 2020-2027
According to the latest market study on “South America Aerospace Coating Market Forecast to 2027 - COVID-19 Impact and South 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$ 139.53 million in 2019 and is projected to reach US$ 216.41 million by 2027; it is expected to grow at a CAGR of 5.8% 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 South America Aerospace Coating market is concentrated with a few well-established players such as Akzo Nobel N.V., BASF SE, Henkel AG & Co. KGaA, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company.
Impact of COVID-19 Pandemic on Aerospace Coating Market
Brazil has the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.
South America Aerospace Coating Market Breakdown - by Region, 2018
The report includes the segmentation of the South America Aerospace Coating market as follows:
By Resin Type
By Technology
By End-User
By Country
Reasons to Buy
According to the latest market study on “South America Aerospace Coating Market Forecast to 2027 - COVID-19 Impact and South 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$ 139.53 million in 2019 and is projected to reach US$ 216.41 million by 2027; it is expected to grow at a CAGR of 5.8% 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 South America Aerospace Coating market is concentrated with a few well-established players such as Akzo Nobel N.V., BASF SE, Henkel AG & Co. KGaA, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company.
Impact of COVID-19 Pandemic on Aerospace Coating Market
Brazil has the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.
South America Aerospace Coating Market Breakdown - by Region, 2018
The report includes the segmentation of the South 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
- Brazil
- Argentina
- Rest of SAM
Reasons to Buy
- To understand the Middle East and Africa cell therapy instruments market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for the Middle East and Africa cell therapy instruments market
- Efficiently plan M&A and partnership deals in the Middle East and Africa cell therapy instruments market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the Middle East and Africa cell therapy instruments market.
- Obtain market revenue forecast for market by various segments from 2019 to 2027 in Middle East and Africa.
Table of Contents
1. Introduction
3. Research Methodology
4. Aerospace Coating Market Landscape
5. Aerospace coating Market - Key Market Dynamics
6. Aerospace coating - South America Market Analysis
7. Aerospace coating Market Analysis - By Resin Type
8. Aerospace coating Market Analysis - By Technology
9. Aerospace coating Market Analysis - By End-User
10. Aerospace coating Market - Country Analysis
11. Impact of COVID-19 Pandemic on South America Aerospace coating Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel N.V.
- BASF SE
- Henkel AG & Co. KGaA
- IHI Ionbond AG
- Mankiewicz Group
- PPG Industries, Inc.
