- The key vendors in the global commercial aerospace coating market 2015-2019 are AkzoNobel, PPG and Sherwin-Williams.
London, 19 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global commercial aerospace coating market 2015-2019. The major trend in the global commercial aerospace coatings market is the need for high-performance coatings that also provide economic value to customers. A chrome-free paint system uses alternative surface preparation methods to reduce the chromate conversion of coating and primers. Chrome-free primers tend to create stronger bonds between the substrate and primers. The commercial aerospace coating market is expected to grow at a CAGR of 8.31% during the forecast period of 2015-2019.
APAC displayed the highest growth in aerospace coatings because of the increasing modernization of the aerospace industry and penetration of new technologies such as chrome-free coatings.
“Vendors in the market have introduced innovative UV-cure products such as clearcoats. Some recent innovative technologies include electrocoat primers, two-component urethane surface coating, and new clearcoats and basecoats,” says Faisal Ghaus, Vice President of Technavio Research.
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.
If you are interested in more information on this topic and our upcoming research on the Global Commercial Aerospace Coating Market 2015-2019, please send an e-mail to media@TechNavio.com
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