Report : Middle East and Africa Aerospace Coating Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Resin Type ( Epoxy, Polyurethane, Others ); Technology ( Liquid Coating, Powder Coating ); End-User ( Commercial Aviation, Military Aviation, General Aviation), and Country
Advantage of using Aerospace Coating is projected to escalate the Aerospace Coating market growth at CAGR of 5.9% during 2020–2027
According to our latest market study on “Middle East and Africa Aerospace Coating Market Forecast to 2027 – COVID-19 Impact and Middle East and Africa (APAC) Analysis – By Resin Type ( Epoxy, Polyurethane, Others ); Technology ( Liquid Coating, Powder Coating ); End-User ( Commercial Aviation, Military Aviation, General Aviation), and Country,” the market was valued at US$ 148.95 million in 2019 and is projected to reach US$ 233.96 million by 2027; it is expected to grow at a CAGR of 5.9% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments in the market.
Aircrafts has to withstand high climatic stress which generally damages the metal surface resulting in frequent repairs and maintenance. Aerospace coatings provides high resistance against corrosion, ultraviolet rays and solar hear, fog and other adverse weather conditions. Aerospace coating not only provides protection the aircraft but also reduces the weight of the aircraft which helps in reducing CO2 emission. The requirement of coatings for aircraft is also due to the change in environment regulations. Aerospace coatings are designed in order to prevent temperature fluctuations, variable air pressure and variable air instabilities. Miniaturization, Precision and high strength has become the important features of aerospace coating.
Aerospace coating not only provides protection the aircraft but also reduces the weight of the aircraft which helps in reducing CO2 emission. The requirement of coatings for aircraft is also due to the change in environment regulations. Aerospace coatings are designed in order to prevent temperature fluctuations, variable air pressure and variable air instabilities. Miniaturization, Precision and high strength has become the important features of aerospace coating.
The Middle East and Africa Aerospace Coating market is concentrated with a few well-established players such as Akzo Nobel N.V., BASF SE, Henkel AG & Co. KGaA, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company.
Impact of COVID-19 Pandemic on Aerospace Coating Market
South Africa has the largest COVID-19 cases in the Middle East and Africa region, and is followed by Saudi Arabia and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of coronavirus. Due to lockdown in Middle East and African countries, various chemicals and materials companies remain closed which led to the reduction in the sale of various products which has negatively impacted the market for Aerospace Coating in the region.
The report includes the segmentation of the Middle East and Africa Aerospace Coating market as follows:
By Resin Type
- Epoxy
- Polyurethane
- Others
By Technology
- Liquid Coating
- Powder Coating
By End-User
- Commercial Aviation
- Military Aviation
- General Aviation
By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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