- The key vendors in the global aerospace coatings market 2015-2019 are AkzoNobel, Hentzen Coatings, PPG and Sherwin-Williams
London, 22 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global aerospace coatings market 2015-2019. The major trend in the global aerospace coatings market is the need for high-performance coatings that also provide economic value to customers. Coatings with better throughput time and lower weight are expected to see increased demand in the coming years. The global aerospace coatings market 2015-2019 is expected to grow at a CAGR of 7.5% during the forecast period of 2014-2019.
“Vendors are focusing on enhancing the durability of coatings. They are also seeking to reduce the products’ cooling down time as a longer cooling down time can cost more, thereby increasing overall production costs,” says Faisal Ghaus, Vice President of Technavio Research.
“As air-frames play an important role in deciding the weight of the aircraft, many air-frame manufacturers are therefore focusing on the changes in design of aircraft and increasing the usage of high performance coatings to improve overall efficiency and cost of ownership.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
