Akzo Nobel N.V., BASF SE, Hentzen Coatings, Inc, PPG Industries, Inc., BryCoat Inc., IHI Ionbond AG, and Mankiewicz Gebr. & Co, among others, are the major players in the global aerospace coatings market.
The global aerospace coatings market attained a value of USD 1.7 billion in 2020. In the forecast period of 2022-2027, the industry is further expected to grow at a CAGR of 5%. As per the analysis by Expert Market Research, the global aerospace coatings market is being driven by the thriving demand for commercial aircraft throughout the world.
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The increasing affordability and efficiency of air travel has increased the demand in developing countries. This is, in turn, boosting the demand for aerospace coatings. The increase in international air traffic has led to the increase in the production of commercial aircrafts. This significant increase in aviation production and air traffic is leading to the growth of the aerospace coatings industry. The market in North America is a leader in the aerospace coatings industry and will continue to be so in the forecast period. This growth is driven by the rise in aviation in countries like the United States and Canada. The developing economies and rapid urbanisation in countries like India, China, Sweden, and Russia has improved their air travel and has increased their consumption of aerospace coatings, helping the market growth immensely.
Headquarters: Amsterdam, Netherlands
Akzo Nobel deals with the manufacture of speciality chemicals and offers its products to several industries around the world. The company’s products include decorative paints and coatings, polymers, pulp and paper, surfactants, and other chemical products. By using the transformative power of paints and coatings, it can deliver the sustainable and innovative solutions that the customers, communities – and the planet – are increasingly relying on. Its world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe.
Headquarters: Ludwigshafen, Germany
BASF SE is the largest chemical producers of the world, with operations in around 80 countries across the globe. They provide solutions in a variety of sectors such as chemical, industrial, surface technologies, materials, nutrition, and agriculture. Their main motive is to integrate economic success with environmental protection and social responsibility. BASF generated sales of €78.6 billion in 2021.
Headquarters: Wisconsin, United States
This company is one of the largest paint companies in the United States. The company focuses on developing environment friendly coating systems. The company has also formulated and produced several high solids and water reducible liquid products. The company employ three in-house legal counsel that work closely with its sales and development group to provide the customers with cost effective coating systems compliant with current and anticipated environmental laws.
Headquarters: Pennsylvania, United States
This company deals with the development of coatings, paints, and speciality materials. The company has its operations in more than 70 countries. Its products are used in several sectors such as construction, industrial, transportation, consumer products and aftermarkets. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of USD 15.1 billion in 2019.
Headquarters: Florida, United States
BryCoat is a leader in the production of metallurgical coatings, which improves the performance of mechanical parts in industries, such as aerospace, power generation, and medical devices, among others. The company is a provider of hard thin metallurgical surface coatings, such as titanium nitride (TiN) and chromium nitride (CrN), to increase wear resistance, lower friction, and eliminate galling and fretting. It also provides thermal spray coatings by HVOF and plasma spray to provide wear-resistant and thermal-protection coatings.
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