Aircraft Coatings Market: By Resin Type, By Technology, By End-User, By Aircraft Type, By Application, and Geography
Aircraft Coatings Market: By Resin Type, By Technology, By End-User, By Aircraft Type, By Application, and Geography
Aircraft Coatings Market size was valued at US$ 2,194.6 million in 2023, and is expected to grow at a 6.2% CAGR from 2024 to 2030. The aircraft coating applied on the surface of the aircraft is commonly known as a substrate. The aircraft coating can be done for decorative coatings purpose or functional purpose or sometimes both. The rising demand for aircraft coating from various end users is the key driving factor for the aircraft coating market. The rising trend of efficient and light air craft has led to the adoption of nano technology in aircraft manufacturing. The nano structured metals are low density materials with anti-corrosive property and high tensile strength. The increasing number of aircraft manufacturing is expected to drive the market growth. the increase in maintenance, repair, overhaul is expected to provide an opportunity to the key market drivers in the growth of the aircraft coating market over the forecasted years.
In addition, rising preference of air travel among individuals, the growing tourism industry, and the increase in substantial expenditure of individual in standard lifestyle and comfort is expected to boost the growth of aircraft coatings market. Furthermore, the advancement of technologies along with government initiatives to support the imports and exports of the business is expected to have a positive effect on the growth of the aircraft coatings market. However, the high cost of raw material and lack of skilled professionals in this sector is expected to hinder the growth of aircraft coatings market over the forecasted years. The United States has the largest aircraft coating and paints market. Thus geographically, North America region held the major market share in 2022 and is expected to dominate the global aircraft coatings market in the forecasted years.
Aircraft Coatings Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
6.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Aircraft coatings market is expected to grow over the forecasted years owing to the increasing sales and production of aircrafts across the globe especially increasing demand for military and commercial aircrafts. In addition, the increase in substantial increase in expenditure of people, rising preference of air travel among the individuals, and rising tourism industry is expected to fuel the growth of aircraft coatings market over the forecasted years. However, the high cost of raw materials and lack of skilled professionals in aircraft coating industry is expected to hinder the market growth over the forecasted period.
Aircraft coatings market is segmented based on regions into North America, Asia-pacific, Europe, Latin America, and Middle East and Africa. North America aircraft coatings market is likely to hold a significant revenue share, and in the forecasted years, it is predicted to increase rapidly due to the presence of numerous aircraft and paints manufacturers in countries like United States in this region. Asia Pacific is expected to have a substantial growth over the forecasted years owing to the increase in trade activities by air in this region. Europe region is also expected to have a growth at significant rate due to the increase in air travels in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 2,194.6 million |
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Market CAGR |
6.2% |
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By Resin Type |
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By Technology |
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By Aircraft Type |
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By Application |
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By End User |
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Aircraft Coatings market was valued at US$ 2,194.6 million in 2023
High cost of raw material is expected to hinder the growth of aircraft coating market over the forecasted period.
The leading players in the global Aircraft Coatings market are Akzo Nobel N.V., PPG Industries, Inc., Aztron Technologies, Axalta Coating Systems, KC Jones Plating Company, OM Sangyo Co., Ltd., Endura Plating Technology, Twin City Plating, Nickel Composite Coatings Inc., Surteckariya Co., Ltd., Hunger International GmbH.
Increase in aircraft manufacturing and sales, increase in air travel preference of individual and increase in per capita income is considered to aid opportunities to the market key players.
| 1.Executive Summary |
| 2.Global Aircraft Coatings Market Introduction |
| 2.1.Global Aircraft Coatings Market - Taxonomy |
| 2.2.Global Aircraft Coatings Market - Definitions |
| 2.2.1.Resin Type |
| 2.2.2.Technology |
| 2.2.3.Aircraft Type |
| 2.2.4.Application |
| 2.2.5.Region |
| 3.Global Aircraft 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 Aircraft 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 Aircraft Coatings Market By Resin Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Epoxy |
| 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. Acrylic |
| 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. Polyurethane |
| 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. Others |
| 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 |
| 6.Global Aircraft Coatings Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Liquid Coating |
| 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. Powder Coating |
| 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. Others |
| 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 Aircraft Coatings Market By Aircraft Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Commercial Aircraft |
| 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 Aircraft |
| 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 Aircraft |
| 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 |
| 8.Global Aircraft Coatings Market By Application , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Interior |
| 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. Exterior |
| 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 Aircraft 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 Aircraft Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Epoxy |
| 10.1.2.Acrylic |
| 10.1.3.Polyurethane |
| 10.1.4.Others |
| 10.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Liquid Coating |
| 10.2.2.Powder Coating |
| 10.2.3.Others |
| 10.3. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Commercial Aircraft |
| 10.3.2.Military Aircraft |
| 10.3.3.General Aircraft |
| 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.Interior |
| 10.4.2.Exterior |
| 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 Aircraft Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Epoxy |
| 11.1.2.Acrylic |
| 11.1.3.Polyurethane |
| 11.1.4.Others |
| 11.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Liquid Coating |
| 11.2.2.Powder Coating |
| 11.2.3.Others |
| 11.3. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Commercial Aircraft |
| 11.3.2.Military Aircraft |
| 11.3.3.General Aircraft |
| 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.Interior |
| 11.4.2.Exterior |
| 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 |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Aircraft Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Epoxy |
| 12.1.2.Acrylic |
| 12.1.3.Polyurethane |
| 12.1.4.Others |
| 12.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Liquid Coating |
| 12.2.2.Powder Coating |
| 12.2.3.Others |
| 12.3. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Commercial Aircraft |
| 12.3.2.Military Aircraft |
| 12.3.3.General Aircraft |
| 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.Interior |
| 12.4.2.Exterior |
| 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) Aircraft Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Epoxy |
| 13.1.2.Acrylic |
| 13.1.3.Polyurethane |
| 13.1.4.Others |
| 13.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Liquid Coating |
| 13.2.2.Powder Coating |
| 13.2.3.Others |
| 13.3. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Commercial Aircraft |
| 13.3.2.Military Aircraft |
| 13.3.3.General Aircraft |
| 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.Interior |
| 13.4.2.Exterior |
| 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 Aircraft Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Epoxy |
| 14.1.2.Acrylic |
| 14.1.3.Polyurethane |
| 14.1.4.Others |
| 14.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Liquid Coating |
| 14.2.2.Powder Coating |
| 14.2.3.Others |
| 14.3. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Commercial Aircraft |
| 14.3.2.Military Aircraft |
| 14.3.3.General Aircraft |
| 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.Interior |
| 14.4.2.Exterior |
| 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.Akzo Nobel N.V. |
| 15.2.2.PPG Industries, Inc. |
| 15.2.3.Aztron Technologies |
| 15.2.4.Axalta Coating Systems |
| 15.2.5.KC Jones Plating Company |
| 15.2.6.OM Sangyo Co Ltd. |
| 15.2.7.Endura Plating Technology |
| 15.2.8.Twin City Plating |
| 15.2.9.Nickel Composite Coatings Inc. |
| 15.2.10.Surteckariya Co Ltd. |
| 15.2.11.Hunger International GmbH |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
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