Market Overview:
The global airplane coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for new aircraft and rising air passenger traffic across the globe. In terms of type, epoxy coatings are expected to lead the global airplane coating market during the forecast period, owing to their superior properties such as corrosion resistance and durability. In terms of application, OEM is projected to be the fastest-growing segment during the forecast period, owing to increasing demand for new aircraft across different regions.
Product Definition:
An airplane coating is a sealant that is applied to the exterior of an aircraft to protect it from the elements. The coating helps keep the aircraft's surface smooth, which minimizes drag and increases fuel efficiency. It also helps protect the aircraft from corrosion and weathering.
Epoxy Coatings:
Epoxy coatings are a group of specialty polyurethanes that are used to provide protection against corrosion. They have the ability to withstand extreme temperatures and can also protect metal from its corrosive environment. Epoxy coatings are widely used in various applications including transportation, industrial, marine and aerospace industries.
Polyurethane Coatings:
Polyurethane coatings are used in the manufacturing of aircraft coating. They provide high-temperature resistance to aluminum and other metals, which makes them suitable for use in airframe and engine components.
Application Insights:
The original equipment manufacturer (OEM) segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growth of this segment is attributed to increasing demand for high-performance coatings from major aircraft manufacturers, including Airbus SE, Boeing Co., Embraer S.A., Bombardier Inc., and ATR Corporation among others.
Airbus has signed a memorandum of understanding with Iran Air regarding the potential acquisition of 100 passenger airplanes worth USD 25 billion at list price over a period of 15 years starting from 2018 to 2030 in line with growing business aviation demand across both countries. This development will positively impact product consumption in maintenance, repair & overhaul activities pertaining to commercial aircraft over the forecast period as well as drive regional industry growth across Asia Pacific and Middle East & Africa regions during upcoming years.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to high demand from OEMs and MROs for new-generation aircraft. The region is expected to maintain its dominance over the forecast period as well due to increasing investments in aerospace manufacturing facilities by major players across U.S., Canada, and Mexico.
Asia Pacific is projected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing with growing aviation industry across emerging economies such as China, India, Indonesia among others which are fueling up product demand across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching a total value of 7.8 billion. This growth will be driven by the increasing number of passengers travelling by air, especially in emerging markets such as China and India.
- Rising aircraft orders: Airlines are increasingly ordering new aircraft as they look to expand their fleets and meet the growing demand for air travel. The global commercial airplane market is forecast to grow at a CAGR of 6% from 2016-2021, reaching a total value of trillion in 2021. This growth will create opportunities for airplane coating suppliers and manufacturers alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airplane Coating Market Research Report
By Type
Epoxy Coatings, Polyurethane Coatings, Fluorocarbon Coatings
By Application
Original Equipment Manufacturer (OEM), Maintenance, Repair & Overhaul (MRO)
By Companies
AkzoNobel, PPG Industries, Mankiewicz, DuPont, Sherwin-Williams, Axalta Coating Systems, Henkel, Ionbond, Zircotec, Hohman Plating & Manufacturing, Hentzen Coatings, GKN Aerospace, Argosy International, Exova
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Airplane Coating Market Report Segments:
The global Airplane Coating market is segmented on the basis of:
Types
Epoxy Coatings, Polyurethane Coatings, Fluorocarbon Coatings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Original Equipment Manufacturer (OEM), Maintenance, Repair & Overhaul (MRO)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- PPG Industries
- Mankiewicz
- DuPont
- Sherwin-Williams
- Axalta Coating Systems
- Henkel
- Ionbond
- Zircotec
- Hohman Plating & Manufacturing
- Hentzen Coatings
- GKN Aerospace
- Argosy International
- Exova
Highlights of The Airplane Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Coatings
- Polyurethane Coatings
- Fluorocarbon Coatings
- By Application:
- Original Equipment Manufacturer (OEM)
- Maintenance, Repair & Overhaul (MRO)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airplane Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airplane coating is a type of paint that is used to protect metal surfaces from corrosion. It is made up of a number of different chemicals and coatings that are applied to the surface.
Some of the major companies in the airplane coating market are AkzoNobel, PPG Industries, Mankiewicz, DuPont, Sherwin-Williams, Axalta Coating Systems, Henkel, Ionbond, Zircotec, Hohman Plating & Manufacturing, Hentzen Coatings, GKN Aerospace, Argosy International, Exova.
The airplane coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airplane Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airplane Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airplane Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airplane Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airplane Coating Market Size & Forecast, 2020-2028
4.5.1 Airplane Coating Market Size and Y-o-Y Growth
4.5.2 Airplane Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Epoxy Coatings
5.2.2 Polyurethane Coatings
5.2.3 Fluorocarbon Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Original Equipment Manufacturer (OEM)
6.2.2 Maintenance
6.2.3 Repair & Overhaul (MRO)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airplane Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airplane Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Epoxy Coatings
9.6.2 Polyurethane Coatings
9.6.3 Fluorocarbon Coatings
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Original Equipment Manufacturer (OEM)
9.10.2 Maintenance
9.10.3 Repair & Overhaul (MRO)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Epoxy Coatings
10.6.2 Polyurethane Coatings
10.6.3 Fluorocarbon Coatings
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Original Equipment Manufacturer (OEM)
10.10.2 Maintenance
10.10.3 Repair & Overhaul (MRO)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Epoxy Coatings
11.6.2 Polyurethane Coatings
11.6.3 Fluorocarbon Coatings
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Original Equipment Manufacturer (OEM)
11.10.2 Maintenance
11.10.3 Repair & Overhaul (MRO)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Epoxy Coatings
12.6.2 Polyurethane Coatings
12.6.3 Fluorocarbon Coatings
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Original Equipment Manufacturer (OEM)
12.10.2 Maintenance
12.10.3 Repair & Overhaul (MRO)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Epoxy Coatings
13.6.2 Polyurethane Coatings
13.6.3 Fluorocarbon Coatings
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Original Equipment Manufacturer (OEM)
13.10.2 Maintenance
13.10.3 Repair & Overhaul (MRO)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airplane Coating Market: Competitive Dashboard
14.2 Global Airplane Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 PPG Industries
14.3.3 Mankiewicz
14.3.4 DuPont
14.3.5 Sherwin-Williams
14.3.6 Axalta Coating Systems
14.3.7 Henkel
14.3.8 Ionbond
14.3.9 Zircotec
14.3.10 Hohman Plating & Manufacturing
14.3.11 Hentzen Coatings
14.3.12 GKN Aerospace
14.3.13 Argosy International
14.3.14 Exova
