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(Transportation-News.com, January 24, 2019 )
Stratview Research has published a new research report on Aerospace & Defense Coatings Market. This extensive 265-page report by Stratview Research analyses the growth of Aerospace & Defense Coatings Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
● by Resin Type (Epoxy Coatings, Polyurethane Coatings, and Others)
● by Aircraft Type (Commercial Aircraft, Military Aircraft, and Others)
● by Technology Type (Liquid Coatings, Powder Coatings, and Others)
● by Application Type (External and Internal)
● by End – User Type (OEM and MRO)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/252/aerospace-and-defense-coatings-market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/252/aerospace-and-defense-coatings-market.html
Increasing deliveries of commercial and regional aircraft
The aerospace & defense coatings market is projected to grow at a healthy CAGR of 6.0% over the next five years to reach US$ 1,097.8 million in 2022. Increasing deliveries of commercial and regional aircraft; increasing mergers and acquisition and re-branding activities in the global airline industry; high need for coatings with an excellent durability and longer maintenance cycle; stringent government emission regulations, such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and Euro Zone Crisis 2012; rising demand for eco-friendly coats; and innovations in coating products are the major driving forces of the aerospace & defense coatings market.
Asia-Pacific to remain the largest market
Asia-Pacific is expected to remain the largest and the fastest-growing market for coatings in aerospace and defense industry during the forecast period. Increasing passenger traffic in Asia-Pacific region, primarily in China and India, is driving the commercial aerospace industry. This would lead to the highest demand for coatings in the region. Additionally, the upcoming indigenous commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ is also pushing the demand for coatings in Asia-Pacific region.
Top market players
PPG Industries, Inc, Akzo Nobel N.V., The Sherwin-Williams Company, Mankiewicz Gebr. & Co., BASF SE, Hentzen Coatings, Henkel AG & Company KGaA, Hohman Plating & Manufacturing, and IHI Ionbond AG. are the key players in the aerospace & defense coatings market.Long-term contracts and new product development are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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