A new market study, titled “Discover Global Aircraft Coatings Market By Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
PUNE, MAHARASHTRA, INDIA, November 25, 2019 /EINPresswire.com/ —
Aircraft Coatings Market – 2019-2025
Aerospace.Coatings | Aerospace Coatings | Sherwin Williams Griffin Exterior | Aerospace Coating | Aerospace Paint Insight :
Aircraft Coatings Market
The Aircraft Coatings market is expected to register a CAGR of around 4% during the forecast period, 2019 – 2025. One of the major factors driving the market growth is increasing production from the automotive industry in Asia-Pacific. However, stringent regulations regarding VOC emissions are likely to restrict the market growth.
Growing demand for powder coatings is also likely to boost the demand for Aircraft Coatings.
Investment opportunities in Middle East & Africa are expected to provide opportunities for market growth in the future.
Asia-Pacific is expected to account for the fastest growth rate during the forecast period.
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Aerospace.Coatings, Aerospace Coatings, Griffin Aerospace, Sherwin Williams Griffin Exterior, Aerospace Coating, Aerospace Paint, Aircraft Coatings By TOP KEY PLAYERS:
Axalta Coating Systems
Hohman Plating & Manufacturing
This report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Opportunity mapping in terms of technological breakthroughs
Key Market Trends
Water-borne Technology is Expected to Witness the Highest Growth Rate
Though solvent borne technology is currently accounted for the major market share, it is expected to witness a sluggish growth rate during the forecast period.
One of the key reasons that is restraining the growth of solvent-borne Aircraft Coatings is the regulations regarding the VOC emissions from hazardous air pollutants present in them like toluene, xylene, ethyl benzene, and methyl ethyl ketone.
The constantly evolving environmental standards are resulting in an increasing demand for water-based Aircraft Coatings. Meanwhile the water-based coatings are identical to the solvent-based coatings, in terms of pigments and binders, they differ in carrying agent.
Over the last few years, mild co-solvent reducers and additives are being introduced to improve performance and drying times of water-based coatings.
Hence, the aforementioned reasons are likely to result in highest growth rate for water-borne technology during the forecast period.
Asia-Pacific is Expected to Witness the Highest Growth Rate
In 2018, Asia-Pacific was the largest market for Aircraft Coatings, followed by North America and Europe.
The growing automotive production in India and ASEAN countries is likely to boost the demand for Aircraft Coatings in Asia-Pacific.
Increasing sales of pre-owned vehicles, growing cab services, and increasing vehicle repair and body shops in Asian countries are also likely to boost the demand for Aircraft Coatings.
In 2018, the Chinese automotive production reached 27.81 million units, with a growth rate of -4.2% over 2017. However, the market is projected to recover over the forecast period.
Hence, the Asia-Pacific region is likely to witness the highest growth during the forecast period.
The Aircraft Coatings market is consolidated, as the majority of the market share is divided among a few of the companies. Some of the key players of the market include Axalta Coating Systems Ltd, BASF SE, Akzo Nobel NV, and PPG Industries Inc., among others.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Value chain and stakeholder analysis
Customization of the Report
Value chain analysis
Consumer behavior analysis at country level
The report includes six parts, dealing with:
1.) basic information;
2.) the Asia Aircraft Coatings Speaker Market;
3.) the North American Aircraft Coatings Speaker Market;
4.) the European Aircraft Coatings Speaker Market;
5.) market entry and investment feasibility;
6.) the report conclusion.
Table of Content: Aircraft Coatings
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The Report Research:
1.The report Research provides key statistics on the market status of the Aircraft Coatings manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of Aircraft Coatings industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Aircraft Coatings Industry before evaluating its feasibility.
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Source: EIN Presswire