Mar 4, 2021   SOURCE: BusinessWire

Asia Pacific $675+ Million Aerospace Coating Market Forecast to 2027 - Increasing Demand from North America - ResearchAndMarkets.com

The "Asia Pacific Aerospace Coating Market Forecast to 2027 - COVID-19 Impact and Asia Pacific Analysis - By Resin Type; Technology; End-User, and Country" report has been added to ResearchAndMarkets.com's offering.

Advantage of using Aerospace Coating is projected to escalate the Aerospace Coating market growth at CAGR of 6.7% during 2020-2027

"Asia Pacific Aerospace Coating Market was valued at US$ 409.26 million in 2019 and is projected to reach US$ 678.48 million by 2027; it is expected to grow at a CAGR of 6.7% during the forecast period.

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 Asia Pacific Aerospace Coating market is concentrated with a few well-established players such as Akzo Nobel N.V., BASF SE, Hardide plc., Henkel AG & Co. KGaA, Hentzen Coatings, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company, Zircotec.

Impact of COVID-19 Pandemic on Aerospace Coating Market

The COVID-19 is anticipated to cause a loss of more than $3 Billion in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Government have asked the chemical & materials manufacturers to delay their production which will adversely affect the supply of Aerospace Coating.

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

4. Aerospace Coating Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 APAC

4.3 Expert Opinion

5. Aerospace coating Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand from North America

5.1.2 Various Benefits Provided by Aerospace Coatings

5.2 Market Restraints

5.2.1 Stringent Regulatory Policies

5.3 Market Opportunity

5.3.1 Growing Demand for Commercial Aircrafts

5.4 Future Trend

5.4.1 Innovations in the Aerospace Coating Industry

5.5 Impact Analysis of Drivers and Restraints

6. Aerospace coating - Asia Pacific Market Analysis

6.1 Aerospace coating Market Overview

6.2 Asia Pacific Aerospace coating Market -Revenue and Forecast to 2027 (US$ Million)

7. Aerospace coating Market Analysis - By Resin Type

7.1 Overview

7.2 Asia Pacific Aerospace coating Market, By Resin Type (2019 and 2027)

7.3 Epoxy

7.4 Polyurethane

7.5 Others

8. Aerospace coating Market Analysis - By Technology

8.1 Overview

8.2 Asia Pacific Aerospace coating Market, By Technology (2019 and 2027)

8.3 Liquid Coating

8.4 Powder Coating

9. Aerospace coating Market Analysis - By End-User

9.1 Overview

9.2 Asia Pacific Aerospace coating Market, By End-User (2019 and 2027)

9.3 Commercial Aviation

9.4 Military Aviation

9.5 General Aviation

10. Aerospace coating Market - Country Analysis

10.1 Australia: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

10.2 China: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

10.3 India: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

10.4 Japan: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

10.5 South Korea: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

10.6 Rest of Asia Pacific: Aerospace Coating Market -Revenue and Forecast to 2027 (US$ Million)

11. Impact of COVID-19 Pandemic on Asia Pacific Aerospace coating Market

11.1 Overview

12. Industry Landscape

12.1 Expansion

13. Company Profiles

13.1 Key Facts

13.2 Business Description

13.3 Products and Services

13.4 Financial Overview

13.5 SWOT Analysis

  • Akzo Nobel N.V.
  • BASF SE
  • Hardide plc
  • Henkel AG & Co. KGaA
  • Hentzen Coatings
  • IHI Ionbond AG
  • Mankiewicz Group
  • PPG Industries, Inc.,
  • The Sherwin-Williams Company
  • Zircotec

For more information about this report visit https://www.researchandmarkets.com/r/548vz5