Aerospace Coatings Market by Resin Type, Technology User Type , End Use Industry , Application - Global Opportunity Analysis and Industry Forecast, 2022

The Global Aerospace Coatings Market size was valued at USD 2.15 billion in 2021, and it is anticipated to project an elevation of USD 3.42 billion by 2030, growing with a CAGR of 5.2% from 2022-2030.

The global aerospace coatings market held a volumetric sale of 684.6 kilotons in 2021 that is expected to level-up up to 1137.8 kilotons by 2030, with a CAGR of 5.7% from 2022-2030.

Aerospace coatings offer high protection shield against extreme temperature ranges, intense ultraviolet exposure, erosion from air drag, corrosion due to humidity and help in deflecting the impact of high velocity dust particles. Reducing the weight of the aircraft, it helps resist cracking due to fluctuating air pressures as well as contact with aggressive fluids.

Market Dynamics and Trends

The global aerospace coatings market is on a bloom, owing to the ever-increasing travel and global trades. The upsurge in cargo traffic, growing preferences towards air travel, fostering international trade and rise in the disposable incomes are altogether attributable for propelling the market growth. Besides, factors such as increasing investments in the military aviation and defense sectors, specifically in the emerging economies, shall positively influence the global market.
However, factors like stringent regulatory standards regarding use of some chemicals, time-consuming verification processes, as well as expensive raw materials are expected to hamper the growth the global aerospace coatings market.
Moreover, factors such as growing demand for next-gen aircrafts to replace existing ones, increasing preferences towards light weight coatings as well as ongoing R&D activities to reduce carbon foot prints, are paving the way for lucrative opportunities in the aerospace coatings market.

Market Segmentation and Scope of the Study:

The aerospace coatings market share analysis is based on resin type, technology, user type, application, end-use industry, and geography. Based on type of resin, the market is segmented into epoxy, polyurethane, and others. The others segment further sub-segmented into silicone, polyester, and acrylic. Based on technology, the market covers solvent-based coatings, water-based coatings, and powder coating. Based on user type, the market is classified into original equipment manufacturer (OEM) and maintenance, repair & overhaul (MRO). Based on the end-use industry, the aerospace coatings market is divided into commercial aviation, military aviation, and general aviation. Based on application, the market is sub-segmented into exterior and interior. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

The North American region dominated the global aerospace coatings market in past, and it is anticipated to hold the highest market share during the forecast period. This is attributable to the factors such as the thriving aerospace industry, high R&D investments, and technological advancements.
The Asia-Pacific region holds the second largest market share in the global aerospace coatings market, and it is expected to grow at the highest CAGR. This is attributable to major investments by the developing countries to develop new air routes, upgradation of existing airports, development of long-haul airline routes as well as increased air defense budget of developing countries majorly India and China.

Competitive Landscape

The report includes a comprehensive analysis and profiles of the major market players ruling the global aerospace coatings market such as IHI Ionbond AG, PPG Industries, Inc., Sherwin-Williams, AkzoNobel N.V, Zircotec Ltd, LORD Corporation, Saint-Gobain S.A, Hentzen Coatings, Inc., Henkel Corporation, Axalta Coating Systems Ltd, Mapaero, Zircotec Ltd., BryCoat Inc., AHC Oberflächentechnik, BASF SE, NV Specialty Coatings, and others.
The cutting-edge product launches, facility expansions and collaborations among the market players are taking the global aerospace coatings market to new heights. For instance, in October 2019, the global leader in motion and control technologies, Parker Hannifin Corporation took over the LORD Corporation, a leading manufacturer of advanced adhesives and coatings, as well as vibration and motion control technologies, paying a hefty USD 3.675 billion. With this acquisition, Parker aims at creating a strong organization opting to deliver robust material science capabilities, advanced electrification, and high-tech aerospace product

KEY MARKET SEGMENTS:

Global Aerospace Coatings Market - By Resin Type

Epoxy
Polyurethane
Others

Global Aerospace Coatings Market - By Technology

Solvent Based Coatings
Water Based Coatings
Powder Coating
Other Technology

Global Aerospace Coatings Market - By User Type

Original Equipment Manufacturer (OEM)
Maintenance, Repair & Overhaul (MRO)

Global Aerospace Coatings Market - By User Type

Commercial Aviation
Military Aviation
General Aviation

Global Aerospace Coatings Market - By Application

Exterior
Interior

Global Aerospace Coatings Market - By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Korea
- Rest of Asia-Pacific
RoW
- Brazil
- Argentina
- Saudi Arabia
- UAE
- Remaining Countries

1. Introduction

1.1. Report Description
1.2. Who Should Read This Report
1.3. Key Market Segments
1.4. Key Market Players
1.5. Research Methodology
1.5.1 Secondary Research
1.5.2 Data Analysis Framework
1.5.3 Market Size Estimation
1.5.4 Forecasting
1.5.5 Primary Research And Data Validation

2. Aerospace Coatings Market – Executive Summary

2.1. Market Snapshot, 2021 - 2030, Million Usd

3. Market Overview

3.1. Market Definition And Scope
3.2. Market Dynamics
3.2.1 Drivers
3.2.1.1. Increasing demand for Commercial Aircraft
3.2.1.2. Rapid Urbanization
3.2.1.3. Advancements in the Aerospace industry
3.2.2 Restraints
3.2.2.1. Stringent and time-consuming regulatory policies
3.2.2.2. Negative impact of COVID-19 on Aerospace Coating
3.2.3 Opportunities
3.2.3.1. Increasing demand for the Epoxy Resins

4. Global Aerospace Coatings Market, By Resin Type

4.1. Overview
4.2. Polyurethane
4.2.1 Polyurethane Market, By Region
4.2.1.1 North America Polyurethane Market, By Country
4.2.1.2 Europe Polyurethane Market, By Country
4.2.1.3 Asia-Pacific Polyurethane Market, By Country
4.2.1.4 Rest of World Polyurethane Market, By Country
4.3. Epoxy
4.3.1 Epoxy Market, By Region
4.3.1.1 North America Epoxy Market, By Country
4.3.1.2 Europe Epoxy Market, By Country
4.3.1.3 Asia-Pacific Epoxy Market, By Country
4.3.1.4 Rest of World Epoxy Market, By Country
4.4. Other Types
4.4.1 Other Types Market, By Region
4.4.1.1 North America Other Types Market, By Country
4.4.1.2 Europe Other Types Market, By Country
4.4.1.3 Asia-Pacific Other Types Market, By Country
4.4.1.4 Rest of World Other Types Market, By Country

5. Global Aerospace Coatings Market, By Technology

5.1. Overview
5.2. Solvent Based Coatings
5.2.1 Solvent Based Coatings Market, By Region
5.2.1.1 North America Solvent Based Coatings Market, By Country
5.2.1.2 Europe Solvent Based Coatings Market, By Country
5.2.1.3 Asia-Pacific Solvent Based Coatings Market, By Country
5.2.1.4 Rest of World Solvent Based Coatings Market, By Country
5.3. Water Based Coatings
5.3.1 Water Based Coatings Market, By Region
5.3.1.1 North America Water Based Coatings Market, By Country
5.3.1.2 Europe Water Based Coatings Market, By Country
5.3.1.3 Asia-Pacific Water Based Coatings Market, By Country
5.3.1.4 Rest of World Water Based Coatings Market, By Country
5.4. Powder Coatings
5.4.1 Powder Coatings Market, By Region
5.4.1.1 North America Powder Coatings Market, By Country
5.4.1.2 Europe Powder Coatings Market, By Country
5.4.1.3 Asia-Pacific Powder Coatings Market, By Country
5.4.1.4 Rest of World Powder Coatings Market, By Country
5.5. Others
5.5.1 Others Market, By Region
5.5.1.1 North America Others Market, By Country
5.5.1.2 Europe Others Market, By Country
5.5.1.3 Asia-Pacific Others Market, By Country
5.5.1.4 Rest of World Others Market, By Country

6. Global Aerospace Coatings Market, By User Type

6.1. Overview
6.2. Original Equipment Manufacturer
6.2.1 Original Equipment Manufacturer Market, By Region
6.2.1.1 North America Original Equipment Manufacturer Market, By Country
6.2.1.2 Europe Original Equipment Manufacturer Market, By Country
6.2.1.3 Asia-Pacific Original Equipment Manufacturer Market, By Country
6.2.1.4 Rest of World Original Equipment Manufacturer Market, By Country
6.3. Maintainance, Repair And Overhaul
6.3.1 Maintainance, Repair And Overhaul Market, By Region
6.3.1.1 North America Maintainance, Repair and Overhaul Market, By Country
6.3.1.2 Europe Maintainance, Repair and Overhaul Market, By Country
6.3.1.3 Asia-Pacific Maintainance, Repair and Overhaul Market, By Country
6.3.1.4 Rest of World Maintainance, Repair and Overhaul Market, By Country

7. Global Aerospace Coatings Market, By End-User

7.1. Overview
7.2. Commercial Aviation
7.2.1 Commercial Aviation Market, By Region
7.2.1.1 North America Commercial Aviation Market, By Country
7.2.1.2 Europe Commercial Aviation Market, By Country
7.2.1.3 Asia-Pacific Commercial Aviation Market, By Country
7.2.1.4 Rest of World Commercial Aviation Market, By Country
7.3. Military Aviation
7.3.1 Military Aviation Market, By Region
7.3.1.1 North America Military Aviation Market, By Country
7.3.1.2 Europe Military Aviation Market, By Country
7.3.1.3 Asia-Pacific Military Aviation Market, By Country
7.3.1.4 Rest of World Military Aviation Market, By Country
7.4. General Aviation
7.4.1 General Aviation Market, By Region
7.4.1.1 North America General Aviation Market, By Country
7.4.1.2 Europe General Aviation Market, By Country
7.4.1.3 Asia-Pacific General Aviation Market, By Country
7.4.1.4 Rest of World General Aviation Market, By Country

8. Global Aerospace Coatings Market, By Application

8.1. Overview
8.2. Exterior
8.2.1 Exterior Market, By Region
8.2.1.1 North America Exterior Market, By Country
8.2.1.2 Europe Exterior Market, By Country
8.2.1.3 Asia-Pacific Exterior Market, By Country
8.2.1.4 Rest of World Exterior Market, By Country
8.3. Interior
8.3.1 Interior Market, By Region
8.3.1.1 North America Interior Market, By Country
8.3.1.2 Europe Interior Market, By Country
8.3.1.3 Asia-Pacific Interior Market, By Country
8.3.1.4 Rest of World Interior Market, By Country

9. Global Aerospace Coatings Market, By Region

9.1. Overview
9.2. North America
9.2.1 North America Aerospace Coatings Market, By Resin Type
9.2.2 North America Aerospace Coatings Market, By Technology
9.2.3 North America Aerospace Coatings Market, By User Type
9.2.4 North America Aerospace Coatings Market, By End-User
9.2.5 North America Aerospace Coatings Market, By Application
9.2.6 North America Aerospace Coatings Market, By Country
9.2.6.1 U.S.
9.2.6.1.1 U.S. Aerospace Coatings Market, By Resin Type
9.2.6.1.2 U.S. Aerospace Coatings Market, By Technology
9.2.6.1.3 U.S. Aerospace Coatings Market, By User Type
9.2.6.1.4 U.S. Aerospace Coatings Market, By End-user
9.2.6.1.5 U.S. Aerospace Coatings Market, By Application
9.2.6.2 Canada
9.2.6.2.1 Canada Aerospace Coatings Market, By Resin Type
9.2.6.2.2 Canada Aerospace Coatings Market, By Technology
9.2.6.2.3 Canada Aerospace Coatings Market, By User Type
9.2.6.2.4 Canada Aerospace Coatings Market, By End-user
9.2.6.2.5 Canada Aerospace Coatings Market, By Application
9.2.6.3 Mexico
9.2.6.3.1 Mexico Aerospace Coatings Market, By Resin Type
9.2.6.3.2 Mexico Aerospace Coatings Market, By User Type
9.2.6.3.3 Mexico Aerospace Coatings Market, By End-user
9.2.6.3.4 Mexico Aerospace Coatings Market, By Application
9.3. Europe
9.3.1 Europe Aerospace Coatings Market, By Resin Type
9.3.2 Europe Aerospace Coatings Market, By Technology
9.3.3 Europe Aerospace Coatings Market, By User Type
9.3.4 Europe Aerospace Coatings Market, By End-User
9.3.5 Europe Aerospace Coatings Market, By Application
9.3.6 Europe Aerospace Coatings Market, By Country
9.3.6.1 UK
9.3.6.1.1 UK Aerospace Coatings Market, By Resin Type
9.3.6.1.2 UK Aerospace Coatings Market, By Technology
9.3.6.1.3 UK Aerospace Coatings Market, By User Type
9.3.6.1.4 UK Aerospace Coatings Market, By End-user
9.3.6.1.5 UK Aerospace Coatings Market, By Application
9.3.6.2 Germany
9.3.6.2.1 Germany Aerospace Coatings Market, By Resin Type
9.3.6.2.2 Germany Aerospace Coatings Market, By Technology
9.3.6.2.3 Germany Aerospace Coatings Market, By User Type
9.3.6.2.4 Germany Aerospace Coatings Market, By End-user
9.3.6.2.5 Germany Aerospace Coatings Market, By Application
9.3.6.3 France
9.3.6.3.1 France Aerospace Coatings Market, By Resin Type
9.3.6.3.2 France Aerospace Coatings Market, By Technology
9.3.6.3.3 France Aerospace Coatings Market, By User Type
9.3.6.3.4 France Aerospace Coatings Market, By End-user
9.3.6.3.5 France Aerospace Coatings Market, By Application
9.3.6.4 Italy
9.3.6.4.1 Italy Aerospace Coatings Market, By Resin Type
9.3.6.4.2 Italy Aerospace Coatings Market, By Technology
9.3.6.4.3 Italy Aerospace Coatings Market, By User Type
9.3.6.4.4 Italy Aerospace Coatings Market, By End-User
9.3.6.4.5 Italy Aerospace Coatings Market, By Application
9.3.6.5 Spain
9.3.6.5.1 Spain Aerospace Coatings Market, By Resin Type
9.3.6.5.2 Spain Aerospace Coatings Market, By Technology
9.3.6.5.3 Spain Aerospace Coatings Market, By User Type
9.3.6.5.4 Spain Aerospace Coatings Market, By End-user
9.3.6.5.5 Spain Aerospace Coatings Market, By Application
9.3.6.6 Rest of Europe
9.3.6.6.1 Rest of Europe Aerospace Coatings Market, By Resin Type
9.3.6.6.2 Rest of Europe Aerospace Coatings Market, By Technology
9.3.6.6.3 Rest of Europe Aerospace Coatings Market, By User Type
9.3.6.6.4 Rest of Europe Aerospace Coatings Market, By End-user
9.3.6.6.5 Rest of Europe Aerospace Coatings Market, By Application
9.4. Asia-Pacific
9.4.1 Asia-Pacific Aerospace Coatings Market, By Resin Type
9.4.2 Asia-Pacific Aerospace Coatings Market, By Technology
9.4.3 Asia-Pacific Aerospace Coatings Market, By User Type
9.4.4 Asia-Pacific Aerospace Coatings Market, By End-User
9.4.5 Asia-Pacific Aerospace Coatings Market, By Application
9.4.6 Asia-Pacific Aerospace Coatings Market, By Country
9.4.6.1 China
9.4.6.1.1 China Aerospace Coatings Market, By Resin Type
9.4.6.1.2 China Aerospace Coatings Market, By Technology
9.4.6.1.3 China Aerospace Coatings Market, By User Type
9.4.6.1.4 China Aerospace Coatings Market, By End-user
9.4.6.1.5 China Aerospace Coatings Market, By Application
9.4.6.2 Japan
9.4.6.2.1 Japan Aerospace Coatings Market, By Resin Type
9.4.6.2.2 Japan Aerospace Coatings Market, By Technology
9.4.6.2.3 Japan Aerospace Coatings Market, By User Type
9.4.6.2.4 Japan Aerospace Coatings Market, By End-user
9.4.6.2.5 Japan Aerospace Coatings Market, By Application
9.4.6.3 Korea
9.4.6.3.1 Korea Aerospace Coatings Market, By Resin Type
9.4.6.3.2 Korea Aerospace Coatings Market, By Technology
9.4.6.3.3 Korea Aerospace Coatings Market, By User Type
9.4.6.3.4 Korea Aerospace Coatings Market, By End-user
9.4.6.3.5 Korea Aerospace Coatings Market, By Application
9.4.6.4 India
9.4.6.4.1 India Aerospace Coatings Market, By Resin Type
9.4.6.4.2 India Aerospace Coatings Market, By Technology
9.4.6.4.3 India Aerospace Coatings Market, By User Type
9.4.6.4.4 India Aerospace Coatings Market, By End-user
9.4.6.4.5 India Aerospace Coatings Market, By Application
9.4.6.5 Rest of Asia-Pacific
9.4.6.5.1 Rest of Asia-Pacific Aerospace Coatings Market, By Resin Type
9.4.6.5.2 Rest of Asia-Pacific Aerospace Coatings Market, By Technology
9.4.6.5.3 Rest of Asia-Pacific Aerospace Coatings Market, By User Type
9.4.6.5.4 Rest of Asia-Pacific Aerospace Coatings Market, By End-user
9.4.6.5.5 Rest of Asia-Pacific Aerospace Coatings Market, By Application
9.5. Rest Of World
9.5.1 Rest Of World Aerospace Coatings Market, By Resin Type
9.5.2 Rest Of World Aerospace Coatings Market, By Technology
9.5.3 Rest Of World Aerospace Coatings Market, By User Type
9.5.4 Rest Of World Aerospace Coatings Market, By End-User
9.5.5 Rest Of World Aerospace Coatings Market, By Application
9.5.6 Rest Of World Aerospace Coatings Market, By Country
9.5.6.1 Brazil
9.5.6.1.1 Brazil Aerospace Coatings Market, By Resin Type
9.5.6.1.2 Brazil Aerospace Coatings Market, By Technology
9.5.6.1.3 Brazil Aerospace Coatings Market, By User Type
9.5.6.1.4 Brazil Aerospace Coatings Market, By End-user
9.5.6.1.5 Brazil Aerospace Coatings Market, By Application
9.5.6.2 Argentina
9.5.6.2.1 Argentina Aerospace Coatings Market, By Resin Type
9.5.6.2.2 Argentina Aerospace Coatings Market, By Technology
9.5.6.2.3 Argentina Aerospace Coatings Market, By User Type
9.5.6.2.4 Argentina Aerospace Coatings Market, By End-user
9.5.6.2.5 Argentina Aerospace Coatings Market, By Application
9.5.6.3 Saudi Arabia
9.5.6.3.1 Saudi Arabia Aerospace Coatings Market, By Resin Type
9.5.6.3.2 Saudi Arabia Aerospace Coatings Market, By Technology
9.5.6.3.3 Saudi Arabia Aerospace Coatings Market, By User Type
9.5.6.3.4 Saudi Arabia Aerospace Coatings Market, By End-user
9.5.6.3.5 Saudi Arabia Aerospace Coatings Market, By Application
9.5.6.4 UAE
9.5.6.4.1 UAE Aerospace Coatings Market, By Resin Type
9.5.6.4.2 UAE Aerospace Coatings Market, By Technology