Asia Pacific 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
Market Introduction
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.
Market Overview and Dynamics
The Asia Pacific Aerospace Coating market was valued at US$ 409.26 million in 2019 and is projected to reach US$ 678.48 million by 2027; it is expected to grow at a CAGR of 6.7% during the forecast period 2020-2027. The growing environmental concerns across the world has made the manufacturers focus on bio-based epoxy resins. The aerospace industry uses epoxy coatings primers for floor coatings, corrosion protection, aerospace hangars, and corporate aircraft hangars, etc.
Key Market Segments
By resin type, the Epoxy segment accounted for the largest market share in the Asia Pacific Aerospace Coating market in 2019. In terms of technology, the liquid coating segment held the largest market share of the Aerospace Coating market by 2019. In terms of end-user, the Military Aviation segment held the largest market share of the Aerospace Coating market by 2019.
Major Sources and Companies Listed
Some of the major primary and secondary sources for Asia Pacific Aerospace Coating market included in the report are Akzo Nobel N.V., BASF SE, Hardide plc., Henkel AG & Co. KGaA, Hentzen Coatings, IHI Ionbond AG, Mankiewicz Group, PPG Industries, Inc., The Sherwin-Williams Company, Zircotec.
Impact of COVID-19 Pandemic on Aerospace Coating Market
The COVID-19 is anticipated to cause a loss of more than 3 Billion in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Government have asked the chemical & materials manufacturers to delay their production which will adversely affect the supply of Aerospace Coating.
Reasons to buy the report
- To understand the Aerospace Coating market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the Aerospace Coating market
- To efficiently plan M&A and partnership deals in the Aerospace Coating market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Aerospace Coating market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
Asia Pacific Aerospace Coating Market Segmentation
- Epoxy
- Polyurethane
- Others
By Technology
- Liquid Coating
- Powder Coating
By End-User
- Commercial Aviation
- Military Aviation
- General Aviation
By Country
- Australia
- China
- Japan
- India
- South Korea
- Rest of APAC
Company Profiles
- Akzo Nobel N.V.
- BASF SE
- Hardide plc
- Henkel AG & Co. KGaA
- Hentzen Coatings
- IHI Ionbond AG
- Mankiewicz Group
- PPG Industries, Inc.,
- The Sherwin-Williams Company
- Zircotec
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Aerospace Coating Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Expert Opinion
5. Aerospace coating Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from North America
5.1.2 Various Benefits Provided by Aerospace Coatings
5.2 Market Restraints
5.2.1 Stringent Regulatory Policies
5.3 Market Opportunity
5.3.1 Growing Demand for Commercial Aircrafts
5.4 Future Trend
5.4.1 Innovations in the Aerospace Coating Industry
5.5 Impact Analysis of Drivers and Restraints
6. Aerospace coating – Asia Pacific Market Analysis
6.1 Aerospace coating Market Overview
6.2 Asia Pacific Aerospace coating Market –Revenue and Forecast to 2027 (US$ Million)
7. Aerospace coating Market Analysis – By Resin Type
7.1 Overview
7.2 Asia Pacific Aerospace coating Market, By Resin Type (2019 and 2027)
7.3 Epoxy
7.3.1 Overview
7.3.1.1 Epoxy: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Polyurethane
7.4.1 Overview
7.4.1.1 Polyurethane: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.1.1 Others: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
8. Aerospace coating Market Analysis – By Technology
8.1 Overview
8.2 Asia Pacific Aerospace coating Market, By Technology (2019 and 2027)
8.3 Liquid Coating
8.3.1 Overview
8.3.2 Liquid Coating: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Powder Coating
8.4.1 Overview
8.4.2 Powder Coating: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million and KT))
9. Aerospace coating Market Analysis – By End-User
9.1 Overview
9.2 Asia Pacific Aerospace coating Market, By End-User (2019 and 2027)
9.3 Commercial Aviation
9.3.1 Overview
9.3.2 Commercial Aviation: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Military Aviation
9.4.1 Overview
9.4.2 Military Aviation: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million and KT))
9.5 General Aviation
9.5.1 Overview
9.5.2 General Aviation: Aerospace Coating Market – Revenue, and Forecast to 2027 (US$ Million)
10. Aerospace coating Market – Country Analysis
10.1 APAC: Aerospace coating Market
10.1.1 Asia Pacific: Aerospace Coating Market –Revenue and Forecast to 2027(US$ Million)
10.1.2 Asia Pacific: Aerospace Coating Market, by Resin Type
10.1.3 Asia Pacific: Aerospace Coating Market, by Technology
10.1.4 Asia Pacific: Aerospace Coating Market, by End-User
10.1.5 Asia Pacific: Aerospace Coating Market, by Key Country
10.1.5.1 Australia: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.1.1 Australia: Aerospace Coating Market, by Resin Type
10.1.5.1.2 Australia: Aerospace Coating Market, by Technology
10.1.5.1.3 Australia: Aerospace Coating Market, by End-User
10.1.5.2 China: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.2.1 China: Aerospace Coating Market, by Resin Type
10.1.5.2.2 China: Aerospace Coating Market, by Technology
10.1.5.2.3 China: Aerospace Coating Market, by End-User
10.1.5.3 India: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.3.1 India: Aerospace Coating Market, by Resin Type
10.1.5.3.2 India: Aerospace Coating Market, by Technology
10.1.5.3.3 India: Aerospace Coating Market, by End-User
10.1.5.4 Japan: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.4.1 Japan: Aerospace Coating Market, by Resin Type
10.1.5.4.2 Japan: Aerospace Coating Market, by Technology
10.1.5.4.3 Japan: Aerospace Coating Market, by End-User
10.1.5.5 South Korea: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.5.1 South Korea: Aerospace Coating Market, by Resin Type
10.1.5.5.2 South Korea: Aerospace Coating Market, by Technology
10.1.5.5.3 South Korea: Aerospace Coating Market, by End-User
10.1.5.6 Rest of Asia Pacific: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
10.1.5.6.1 Rest of Asia Pacific: Aerospace Coating Market, by Resin Type
10.1.5.6.2 Rest of Asia Pacific: Aerospace Coating Market, by Technology
10.1.5.6.3 Rest of Asia Pacific: Aerospace Coating Market, by End-User
11. Impact of COVID-19 Pandemic on Asia Pacific Aerospace coating Market
11.1 Overview
12. Industry Landscape
12.1 Expansion
13. Company Profiles
13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Akzo Nobel N.V.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Henkel AG & Co. KGaA
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 IHI Ionbond AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Mankiewicz Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.6 PPG Industries, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 The Sherwin-Williams Company
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Hardide plc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Aerospace coating Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. Asia Pacific Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 3. Asia Pacific Aerospace Coating Market, by Technology– Revenue and Forecast to 2027 (US$ Million)
Table 4. Asia Pacific Aerospace Coating Market, by End-User– Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia Aerospace Coating Market, by Technology– Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia Aerospace Coating Market, by End-User– Revenue and Forecast to 2027 (US$ Million)
Table 8. China Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 9. China Aerospace Coating Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 10. China Aerospace Coating Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 11. India Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 12. India Aerospace Coating Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 13. India Aerospace Coating Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 14. Japan Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan Aerospace Coating Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 16. Japan Aerospace Coating Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 17. South Korea Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 18. South Korea Aerospace Coating Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 19. South Korea Aerospace Coating Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 20. Rest of Asia Pacific Aerospace Coating Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 21. Rest of Asia Pacific Aerospace Coating Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Asia Pacific Aerospace Coating Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 23. Glossary of Terms, Global Aerospace Coating Market
LIST OF FIGURES
Figure 1. Aerospace coating Market Segmentation
Figure 2. Aerospace coating Market Segmentation – By Country
Figure 3. Asia Pacific Aerospace Coating Market Overview
Figure 4. Polyurethane Segment Held Largest Share of Asia Pacific Aerospace coating Market
Figure 5. China Country Held Largest Share of Asia Pacific Aerospace coating Market
Figure 6. Asia Pacific Aerospace coating Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC Aerospace Coating Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Asia Pacific Aerospace coating Market Revenue Share, by Resin Type (2019 and 2027)
Figure 12. Asia Pacific Epoxy: Aerospace coating Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Asia Pacific Polyurethane: Aerospace coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 14. Asia Pacific Others: Aerospace coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 15. Asia Pacific Aerospace coating Market Revenue Share, by Technology (2019 and 2027)
Figure 16. Asia Pacific Liquid Coating: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Asia Pacific Powder Coating: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Asia Pacific Aerospace coating Market Revenue Share, by End-User (2019 and 2027)
Figure 19. Asia Pacific Commercial Aviation: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Asia Pacific Military Aviation: Aerospace coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. General Aviation: Aerospace Coating Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Asia Pacific: Aerospace Coating Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Asia Pacific: Aerospace Coating Market Revenue Share, by Resin Type (2019 and 2027)
Figure 24. Asia Pacific: Aerospace Coating Market Revenue Share, by Technology (2019 and 2027)
Figure 25. Asia Pacific: Aerospace Coating Market Revenue Share, by End-User (2019 and 2027)
Figure 26. Asia Pacific: Aerospace Coating Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. Australia: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 28. China: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. India: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Japan: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. South Korea: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. Rest of Asia Pacific: Aerospace Coating Market –Revenue and Forecast to 2027 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Akzo Nobel N.V.
- BASF SE
- Hardide plc
- Henkel AG & Co. KGaA
- Hentzen Coatings
- IHI Ionbond AG
- Mankiewicz Group
- PPG Industries, Inc.,
- The Sherwin-Williams Company
- Zircotec
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific aerospace coating market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.