Big Market Research has recently added a report on the materials and chemicals, titled, “Aerospace Coating Market by Resin Type, User Type, End Use Industry, and Application - Global Opportunity and Industry Analysis and Industry Forecast, 2017-2023” and it is anticipated to register a CAGR of 6.3% for the period, 2017-2023. The industry is expected to collect $2,433 million by 2023 from $1,587 million in 2016. The study provides an in-depth analysis of the market which helps key players to identify the possible future ventures.
The report introduces the global aerospace coating market where it describes key benefits, industry segments, and research methodology. It incorporates primary research, secondary research, and analyst tool & model. It offers executive summary with the expert’s opinion. The research provides an overview of the industry which includes its definition, key findings, market dynamics, and industry share analysis in 2016. In the market dynamics, it discusses the factors which influence the industry, such as drivers, restraints, and opportunities. It segments the industry into resin type, technology, user type, end use industry, application, and regions.
Based on resin type, the study splits the global aerospace coating market into Epoxy and Polyurethane. On the basis of geography, it is categorized into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific. Based on application, it is bifurcated into interior and exterior. On the basis of technology, the market is divided into solvent-based coatings, powder coatings, and water-based coatings. Based on end use industry, the industry is classified into military aviation, commercial aviation, and general aviation. On the basis of end user type, it is spilt into original equipment manufacturer and maintenance, repair & overhaul. Each segment of the market is described based on market size, forecast, market trends, opportunities, and growth factors.
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The report discusses key vendors of the global aerospace coating market which includes Akzonobel N.V., Henkel AG & Co. KGaA, Zircotec Ltd, BASF SE, Hentzen Coatings, Inc., Mankiewicz Gebr. & Co., IHI Ionbond AG, Mapaero, The Sherwin-Williams Company, and PPG Industries, Inc. The firms are analyzed by the experts according to the standards set by them, such as company overview, snapshot, performance, operating business segment, and strategies & development. In addition, the study analyses the influencing factors, which include development of chrome free technology and rise in number of aircrafts owing to growth in aviation industry of emerging economies, such as India and China. It also evaluates the aspects that hinders the growth of the industry which have harmful environmental impact, such as lead based heavy metals & chromium and explosive nature of raw material prices. It also highlights opportunities that are present in the market which changes the business model and leads to airlines merger & acquisition.
The report is beneficial to key stakeholders of the global aerospace coatings market as it provides a comprehensive analysis of the present trends, drivers, and dynamics of the industry. These aspects help them to recognize the emerging investment pockets.