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Global Stealth Coating Market: By Resin Type: Epoxy, Polyurethane, Polyimide; By Application: Aerospace and Defence, Automotive; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Stealth Coating Market Outlook
The global stealth coating market stood at a value of around USD 276.1 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5.40% to reach USD 378.2 million by 2027.
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The Epoxy Resin Segment Based on Nature Holds a Significant Share in the Global Stealth Coating Industry
The epoxy resin segment based on resin type accounts for a significant share in the market owing to the diversified characteristics of the material such as high mechanical strength, easy processing, low shrinkage, high corrosion resistance, and excellent adhesion to various types of fibres.
Epoxy resins remain relatively unaffected by water and heat, making them ideal for automobiles and military vehicle applications. In addition to this, epoxy resins are likely to witness a high demand for military vehicles as they have to face harsh and in-hostile conditions during military drills.
North America Accounts for a Significant Share in the Stealth Coating Industry
The stealth coating industry in North America is driven by the rising defence and research expenditure by the governments owing to the increasing geopolitical tension worldwide. Additionally, the escalated manufacturing of military aircraft, such as Boeing T-7 Red Hawk, F-16, and Northrop Grumman B-21 Raider, among others, in countries such as the United States is likely to boost the demand for stealth coatings. Furthermore, the growing expansion of major stealth technology providers is also expected to aid the market in the forecast period.
Stealth Coating: Market Segmentation
Stealth coating is defined as an outer covering applied to a vehicle in order to protect it from damages, such as scratches, dents, and others. In the military and defence sector, the stealth technology is used to make vehicles nearly invisible to any kind of electronic detection, as surface materials and coatings can absorb radar transmissions to reduce reflections to enemy’s radar receiver.
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Based on resin type, the market can be segmented into:
- Epoxy
- Polyurethane
- Polyimide
The major applications of stealth coating include:
- Aerospace and Defence
- Automotive
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Application of Stealth Coating in the Aerospace and Defence Sector to Boost the Growth of the Stealth Coating Industry
The global stealth coating industry is driven by the rising application of surface materials and coatings in the aerospace and defence sector to avoid detection by visible, RADAR, and acoustic means. Stealth coating is used in weapon systems, submarines, ships, ground vehicles, aircraft, and drones, among others. Stealth coating is applied on aircraft to reduce radar cross-section, which makes it difficult for enemies to detect the movement of the aircraft, making the surveillance more effective and less risky. The toughness and chemical resistance offered by the product make it suitable for tank and weapon systems, allowing them to withstand harsh and unfavourable conditions. Furthermore, the increasing defence expenditure by the governments in emerging economies is anticipated to provide impetus to the market in the forecast period.
Key Industry Players in the Global Stealth Coating Market
The report gives a detailed analysis of the following key players in the global stealth coating market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- INTERMAT Group SA
- Hyper Stealth Technologies Pvt. Ltd.
- Veil Corporation
- CFI Solutions
- Micromag
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Resin Type, Application, Region |
| Breakup by Resin Type | Epoxy, Polyurethane, Polyimide |
| Breakup by Application | Aerospace and Defence, Automotive |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | INTERMAT Group SA, Hyper Stealth Technologies Pvt. Ltd., Veil Corporation, CFI Solutions, Micromag, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Stealth Coating Market Analysis
8.1 Key Industry Highlights
8.2 Global Stealth Coating Historical Market (2017-2021)
8.3 Global Stealth Coating Market Forecast (2022-2027)
8.4 Global Stealth Coating Market by Resin Type
8.4.1 Epoxy
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Polyurethane
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Polyimide
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Stealth Coating Market by Application
8.5.1 Aerospace and Defence
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Automotive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Stealth Coating Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 INTERMAT Group SA
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Hyper Stealth Technologies Pvt. Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Veil Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 CFI Solutions
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Micromag
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Stealth Coating Market: Key Industry Highlights, 2017 and 2027
2. Global Stealth Coating Historical Market: Breakup by Resin Type (USD Million), 2017-2021
3. Global Stealth Coating Market Forecast: Breakup by Resin Type (USD Million), 2022-2027
4. Global Stealth Coating Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Stealth Coating Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Stealth Coating Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Stealth Coating Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Stealth Coating Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Stealth Coating Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Stealth Coating Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Stealth Coating Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Stealth Coating Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Stealth Coating Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Stealth Coating Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Stealth Coating Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Stealth Coating Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Stealth Coating Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Stealth Coating Market Structure
Key Questions Answered in the Report
In 2021, the global stealth coating market attained a value of nearly USD 276.1 million.
The market is estimated to grow at a CAGR of 5.40% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 378.2 million by 2027.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the industry, such as the rising application of surface materials and coatings in the aerospace and defence sector, growing automotive industry, and increasing military and defence expenditure by the government, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the technological advancements and rising investments towards the development of stealth helicopters and stealth aircraft, among others.
Epoxy, polyurethane, and polyimide are the major types of resins considered within the market report.
Aerospace and defence and automotive are the different applications of the product.
The major players in the industry are INTERMAT Group SA, Hyper Stealth Technologies Pvt. Ltd., Veil Corporation, CFI Solutions, and Micromag, among others.
Analyst Review
The global stealth coating market attained a value of USD 276.1 million in 2021, driven by the rising application of surface materials and coatings in the automotive industry. Aided by the technological advancements in the aerospace and defence industry, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.40%. The market is projected to reach USD 378.2 million by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By resin type, the market is divided into epoxy, polyurethane, and polyimide. On the basis of application, the market is divided into aerospace and defence and automotive. The major regional markets for stealth coating are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include INTERMAT Group SA, Hyper Stealth Technologies Pvt. Ltd., Veil Corporation, CFI Solutions, and Micromag, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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