SOUTH AMERICA AEROSPACE COATING RD
South America Aerospace Coating Market Forecast to 2027 – COVID-19 Impact and South America Analysis – By Resin Type ( Epoxy, Polyurethane, Others ); Technology ( Liquid Coating, Powder Coating ); End-User ( Commercial Aviation, Military Aviation, General Aviation ), and Country
Pages: 127
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 South America Aerospace Coating market was valued at US$ 139.53 million in 2019 and is projected to reach US$ 216.41 million by 2027; it is expected to grow at a CAGR of 5.8% 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 South America 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 South America 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
Brazil has the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.
Reasons to buy the report
South America Aerospace Coating Market Segmentation
By Technology
By End-User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 139.53 Million |
| Market Size by 2027 | US$ 216.41 Million |
| CAGR (2020 - 2027) | 5.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Resin Type
|
|
Regions and Countries Covered
|
|
| South and Central America | Brazil, Argentina, Rest of South and Central America |
| Market leaders and key company profiles |
|
The South America Aerospace Coating Market is valued at US$ 139.53 Million in 2019, it is projected to reach US$ 216.41 Million by 2027.
As per our report South America Aerospace Coating Market, the market size is valued at US$ 139.53 Million in 2019, projecting it to reach US$ 216.41 Million by 2027. This translates to a CAGR of approximately 5.8% during the forecast period.
The South America Aerospace Coating Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Aerospace Coating Market report:
The South America Aerospace Coating Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Aerospace Coating Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Aerospace Coating Market value chain can benefit from the information contained in a comprehensive market report.
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