A15952 | Pages: NA | Jul 2022 | 111 Views | | |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Military Aerospace Coatings Market
Request Now !Military aerospace coatings are the coating materials which are widely used to cover aircraft’s outer and inner surface of the aircraft to enhance their functional properties of the aircraft. These coating materials protect the surface from corrosion and atmospheric exposure. The affordable commercial air traffic is emerging as a feasible option in developing as well as developed nation’s economies which can act as a new opportunity for the market. Reduction of global defense budgets can restrain the market growth. Rising demand for new generation aircrafts to replace the existing military aircraft fleet will drive the aerospace coatings industry growth. Moreover, increasing popularity of lightweight aerospace coatings among the major aircraft manufacturers will positively influence the market demand. The price volatility of raw materials, on the other hand, is limiting market expansion
Market scope and Structure Analysis
Report Metric | Detail |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast unit | Value (USD) |
Segments Covered | Resin Type, Technology, and End Use |
Companies Covered | PPG Industries, Sherwin-Williams, Hentzen Coatings, Akzo Nobel, BASF, Henkel, 3Chem, Mankiewicz, Zircotec, Mapaero |
Covid-19 Impact Analysis
Top Impacting Factors
Military aerospace coatings protect the surface of the military aircraft as well as the interior. The interior coatings need not be changed for more than a decade, but the exterior coatings need to be taken care of more often. The demand for military aerospace coatings for different military aircraft is high, especially in Russia, the US, China, and India. Competition among countries to become global superpowers, empowerment of their defense sectors, and the adoption of emerging technologies and innovations are expected to drive the demand for military aerospace coatings in these industries.
Market trends
Key Benefits of the Report
Key Market Segments
Segments | Sub-segments |
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By Resin Type |
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By Technology |
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By End Use |
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By REGION |
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Key Market Players
Other Key Market Players
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