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Aerospace Coatings Market Size
- Report ID: GMI2091
- Published Date: Mar 2020
- Report Format: PDF
Aerospace Coatings Market Size
Aerospace Coatings Market size surpassed USD 800 million in 2019 and is poised to witness around 6% CAGR between 2020 and 2026. Rising demand for commercial aircrafts coupled with strong presence of aerospace & defense sector in North American region will augment the market growth.
According to Boeing, one of the largest aircraft manufacturers in the world, more than 39,000 new aircrafts are required over the next two decades to cater the rising air passengers. Growing air passenger traffic along with the increasing consumer preference toward air travel is augmenting the demand for new commercial aircraft.
Rising demand for new generation aircrafts to replace the existing commercial 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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Aerospace Coatings Market Size in 2019: | 808.0 Million (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 6.3% |
| 2026 Value Projection: | 1,236.8 Million (USD) |
| Historical Data for: | 2016 to 2019 |
| No. of Pages: | 580 |
| Tables, Charts & Figures: | 1,004 |
| Segments covered: | Resin type, Technology, User type, Aircraft, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Aerospace Coatings Market Scope
