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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Aerospace Coatings Market Size

The global aerospace coatings market reached a value of USD 1.97 billion in 2024. The industry is further expected to grow at a CAGR of 5.2% in the forecast period of 2025-2034 to reach a value of around USD 3.11 billion by 2034.

Aerospace Coatings Market

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North America Leading the Global Market for Aerospace Coatings

North America is currently dominating the global aerospace coating industry and is likely to lead the global market in the forecast period as well. The growth in the region is being driven by the rising commercial aviation in the regional markets like the United States and Canada. The prominent presence of major players in the region is also aiding the market growth.

Aerospace Coatings Market by Application

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Rapid urbanisation, as well as economic improvements, have resulted in the increased aircraft production and strategic sales in economies such as Russia, India, Sweden, and China. This has resulted in the higher consumption of aerospace coatings due to the increased demand and the subsequent production of aircraft.

Aerospace Coatings Industry Segmentation

Aerospace coatings are the materials used to boost the performance and to protect the interior and exterior of the aircraft. The coatings are designed in such a way that the fluctuations in temperature and air pressure can be covered. They allow surface defence against UV radiation at higher altitudes, preserves temperature variations, and offer greater resistivity to corrosion. 

Based on resin, the market can be divided into the following:

  • Polyurethane
  • Epoxy
  • Others

By product, the industry can be divided into the following:

  • Liquid
  • Powder

Based on industry category, the market can be divided as follows:

  • OEM
  • MRO

It finds applications in the following segments:

  • Exterior
  • Interior

The end-uses can be segmented as follows:

The regional markets for aerospace coatings can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Aerospace Coatings Market by Region

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Rising Demand for Commercial Aircraft Bolstering the Market Growth

The demand for aerospace coatings is being driven by the thriving demand for commercial aircraft throughout the world. Travelling by air has become an affordable option for most of the population, especially in developing countries. Consumers in the developing regions now prefer modes of transportation that are convenient as well as provide speed. Efficient and lightweight aircraft have now initiated short route operations in the developing countries as well. This is boosting the demand for aerospace coatings. Increased international air passenger traffic has triggered the demand for commercial aircraft and, thus, increased the production of commercial aircraft. The considerable growth of the aerospace coatings industry is significantly influenced by the scenario for aviation production and the growing fleet size.

Key Industry Players in the Global Aerospace Coatings Market

The report gives a detailed analysis of the following key players in the global aerospace coatings market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Akzo Nobel N.V.
  • BASF Corporation
  • Hentzen Coatings, Inc
  • PPG Industries, Inc.
  • BryCoat Inc.
  • IHI Ionbond AG
  • Mankiewicz Gebr. & Co
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Resin
  • Product
  • Industry Category
  • Application
  • End Use
  • Region
Breakup by Resin
  • Polyurethane
  • Epoxy
  • Others
Breakup by Product
  • Liquid
  • Powder
Breakup by Industry Category
  • OEM
  • MRO
Breakup by Application
  • Exterior
  • Interior
Breakup by End Use
  • Military Aviation
  • Commercial Aviation
  • General Aviation
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Akzo Nobel N.V.
  • BASF Corporation
  • Hentzen Coatings, Inc
  • PPG Industries, Inc.
  • BryCoat Inc.
  • IHI Ionbond AG
  • Mankiewicz Gebr. & Co
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Aerospace Coatings Market Report Snapshots

Aerospace Coatings Market Size

Aerospace Coatings Market Growth

Aerospace Coatings Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global aerospace coatings market attained a value of nearly USD 1.97 billion.

The market is projected to grow at a CAGR of 5.2% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 3.11 billion by 2034.

The major drivers of the industry, such as rising disposable incomes, increasing population, rising commercial aviation, rising fleet size, and rapid urbanisation, are expected to aid the market growth.

The key trends guiding the growth of the market include the rising demand for commercial aircraft and increasing international air passenger traffic.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.

The major resins of aerospace coatings in the industry are polyurethane and epoxy, among others.

The leading products of aerospace coatings in the market are liquid and powder.

The significant industry categories in the market are OEM and MRO.

The major application segments in the industry are exterior and interior.

The leading end use sectors in the market are military aviation, commercial aviation, and general aviation.

The major players in the industry are Akzo Nobel N.V., BASF Corporation, Hentzen Coatings, Inc, PPG Industries, Inc., BryCoat Inc., IHI Ionbond AG, and Mankiewicz Gebr. & Co, among others.

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