- Conventional Coatings
- Abrasion/ Wear Resistant Coatings
- Water Repellent Coatings
- Chemical Resistant Coatings
- Corrosion Resistant Coatings
- High-Temperature Coatings
- Others
Aerospace Coatings Market size was valued at USD 2,450.0 million in 2023 and poised to grow at 6.4% CAGR over the historical years (2019 - 2023). The market is projected to reach USD 3,816.1 million by 2030 at a CAGR of 6.5% from 2024-2030. Increased innovation and development in the aviation sector, as well as increased airplane production, are significant industry drivers that contribute to market growth and expansion. Airline mergers are of great interest to aircraft coatings producers, and they are projected to drive the expansion of the aerospace coatings market over the forecast period.
Aerospace Coatings Market Key Developments:
- In January 2024, MIPA SE has acquired the industrial coatings branch of HAERING GmbH from Unterheinriet (near Heilbronn) with retroactive effect on January 1, 2024. During the first quarter, production of the acquired items will be shifted to Mipa Group premises, while MIPA SE will gradually take over customer support.
- In August 2023, AkzoNobel expanded its presence in China by acquiring Sherwin-Williams' Chinese Architectural Paints division. The company has an annual revenue of roughly €100 million, employs approximately 300 people, and owns the Huarun brand, which is well-known in China.
Aerospace Coatings Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.5%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Aerospace Coatings Market Dynamics
Global air passenger traffic growth has increased the demand for commercial aircraft, driving up the level of commercial aircraft manufacture. The global aircraft fleet has grown considerably as a result of increased aircraft deliveries from top manufacturers, fuelling the growth of the aerospace coatings market. As more aircraft are deployed, the demand for maintenance, repair, and overhaul of various parts, components, and systems is expected to significantly expand. Furthermore, airlines continue to focus lowering maintenance costs and increasing durability for longer component lifecycles, which is a key factor driving the coatings industry. However, the rising raw material prices and flat growth of MRO (maintenance, repair, and overhaul) are likely to hinder market growth.
Asia-Pacific Got Significant Share
Aerospace Coatings Market Regional Analysis
The MRO market for aerospace coatings is growing rapidly in the Middle East and Africa, as well as Asia-Pacific. The countries in the region are eager to build MRO centers to boost their infrastructure industries. In the Middle East, the United Arab Emirates is at the top, followed by Saudi Arabia. These countries are establishing MRO centers with major aircraft manufacturers.
The commercial aviation industry has experienced the fastest development in the entire MRO sector, owing to rapidly rising passenger air travel and rising freight transit rates around the world. Whereas in Asia-Pacific, In August 2022, Adani paid INR 400 crore (USD 54.0 billion) for an aircraft maintenance company. Furthermore, Adani will also replace the 900+ maintenance professionals at Air Work. As a result, the market is expected to grow throughout the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Aerospace Coatings Market Segmentation
By Coating Type
By Paint Type
- Polyurethane
- Epoxy
- Acrylic
- Enamel
By Aviation Type
- Commercial Aviation
- Military Aviation
- General Aviation
- Others
By Application
- Exterior
- Interior
Geography
- North America
- USA
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Frequently Asked Questions
The Aerospace Coatings Market was valued at USD 2,450.0 million in 2023 and is projected to reach USD 3,816.1 million by 2030, growing at a CAGR of 6.5 %.
Airlines prioritize minimizing maintenance costs and increasing durability for an extended component lifecycle, which is a key element driving the market for coatings.
Aerospace coatings hold significant promise as aircraft sales and production increase, particularly in emerging nations.
Market research is segmented based on coating type, paint type, aviation type, application, and region.
MEA & Asia-Pacific is estimated to fastest growing with the highest CAGR over the forecast period.
Key Features of the Reports
- The aerospace coatings market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
- The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
| 1.Executive Summary |
| 2.Global Aerospace Coatings Market Introduction |
| 2.1.Global Aerospace Coatings Market - Taxonomy |
| 2.2.Global Aerospace Coatings Market - Definitions |
| 2.2.1.Coating Type |
| 2.2.2.Paint Type |
| 2.2.3.Aviation Type |
| 2.2.4.Application |
| 2.2.5.Region |
| 3.Global Aerospace Coatings Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Aerospace Coatings Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Aerospace Coatings Market By Coating Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Conventional Coatings |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Abrasion/ Wear Resistant Coatings |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Water Repellent Coatings |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Chemical Resistant Coatings |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Corrosion Resistant Coatings |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. High-Temperature Coatings |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6.Global Aerospace Coatings Market By Paint Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Polyurethane |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Epoxy |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Acrylic |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Aerospace Coatings Market By Aviation Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Commercial Aviation |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Military Aviation |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. General Aviation |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Aerospace Coatings Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Exterior |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Interior |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.Global Aerospace Coatings Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Aerospace Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Coating Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Conventional Coatings |
| 10.1.2.Abrasion/ Wear Resistant Coatings |
| 10.1.3.Water Repellent Coatings |
| 10.1.4.Chemical Resistant Coatings |
| 10.1.5.Corrosion Resistant Coatings |
| 10.1.6.High-Temperature Coatings |
| 10.1.7.Others |
| 10.2. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Polyurethane |
| 10.2.2.Epoxy |
| 10.2.3.Acrylic |
| 10.3. Aviation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Commercial Aviation |
| 10.3.2.Military Aviation |
| 10.3.3.General Aviation |
| 10.3.4.Others |
| 10.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Exterior |
| 10.4.2.Interior |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Aerospace Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Conventional Coatings |
| 11.1.2.Abrasion/ Wear Resistant Coatings |
| 11.1.3.Water Repellent Coatings |
| 11.1.4.Chemical Resistant Coatings |
| 11.1.5.Corrosion Resistant Coatings |
| 11.1.6.High-Temperature Coatings |
| 11.1.7.Others |
| 11.2. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Polyurethane |
| 11.2.2.Epoxy |
| 11.2.3.Acrylic |
| 11.3. Aviation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Commercial Aviation |
| 11.3.2.Military Aviation |
| 11.3.3.General Aviation |
| 11.3.4.Others |
| 11.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Exterior |
| 11.4.2.Interior |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Aerospace Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Conventional Coatings |
| 12.1.2.Abrasion/ Wear Resistant Coatings |
| 12.1.3.Water Repellent Coatings |
| 12.1.4.Chemical Resistant Coatings |
| 12.1.5.Corrosion Resistant Coatings |
| 12.1.6.High-Temperature Coatings |
| 12.1.7.Others |
| 12.2. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Polyurethane |
| 12.2.2.Epoxy |
| 12.2.3.Acrylic |
| 12.3. Aviation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Commercial Aviation |
| 12.3.2.Military Aviation |
| 12.3.3.General Aviation |
| 12.3.4.Others |
| 12.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Exterior |
| 12.4.2.Interior |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Aerospace Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Conventional Coatings |
| 13.1.2.Abrasion/ Wear Resistant Coatings |
| 13.1.3.Water Repellent Coatings |
| 13.1.4.Chemical Resistant Coatings |
| 13.1.5.Corrosion Resistant Coatings |
| 13.1.6.High-Temperature Coatings |
| 13.1.7.Others |
| 13.2. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Polyurethane |
| 13.2.2.Epoxy |
| 13.2.3.Acrylic |
| 13.3. Aviation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Commercial Aviation |
| 13.3.2.Military Aviation |
| 13.3.3.General Aviation |
| 13.3.4.Others |
| 13.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Exterior |
| 13.4.2.Interior |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Aerospace Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Conventional Coatings |
| 14.1.2.Abrasion/ Wear Resistant Coatings |
| 14.1.3.Water Repellent Coatings |
| 14.1.4.Chemical Resistant Coatings |
| 14.1.5.Corrosion Resistant Coatings |
| 14.1.6.High-Temperature Coatings |
| 14.1.7.Others |
| 14.2. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Polyurethane |
| 14.2.2.Epoxy |
| 14.2.3.Acrylic |
| 14.3. Aviation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Commercial Aviation |
| 14.3.2.Military Aviation |
| 14.3.3.General Aviation |
| 14.3.4.Others |
| 14.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Exterior |
| 14.4.2.Interior |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Socomore |
| 15.2.2.PPG Industries |
| 15.2.3.Akzo Nobel N.V |
| 15.2.4.Vartan |
| 15.2.5.BASF SE |
| 15.2.6.Hentzen Coatings, Inc |
| 15.2.7.Zircotec |
| 15.2.8.Sherwin-Williams Company |
| 15.2.9.Mankiewicz Gebr. & Co. |
| 15.2.10.Axalta Coatings Systems |
| 15.2.11.BryCoat Inc |
| 15.2.12.IHI lonbond AG |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- Socomore
- PPG Industries
- Akzo Nobel N.V
- Vartan
- BASF SE
- Hentzen Coatings, Inc
- Zircotec
- Sherwin-Williams Company
- Mankiewicz Gebr. & Co.
- Axalta Coatings Systems
- BryCoat Inc
- IHI lonbond AG