1. Aerospace Coatings Market
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Aerospace Coatings Market
Global Forecast to 2019

2. The global aerospace coatings market, along with its end-user industry, has witnessed a strong growth for the past few years and this growth is estimated to increase in the coming years. The properties, such as faster product drying times, light weight coating systems durability, unique color styling, variety of colors, increased productivity, environment-friendly solutions, and an upsurge in the demand in commercial and military aerospace coatings will be the key influencing factors for the global aerospace coatings, with an increased emphasis on its user types and their end-user industries.
The aerospace coatings market is estimated to reach 26, thousand gallons by volume by 2019, signifying a CAGR of over 4.49% between 2014 and 2019.

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The market size, in terms of value, of the global market was estimated at $2, million in 2013 and is projected to reach $2, million by 2019, at a CAGR of 5.96% from The market is experiencing decent growth, which is expected to continue in the near future, mainly driven by the highly growing markets in Asia-Pacific and North America. Considerable amount of investments and expansions are made by different market players to serve the end-user industries in the future. The Asia-Pacific region is the main aerospace coatings market that accounted for about 31.70% market share of the total global demand in 2012.

4. The drivers of this industry are time saving and cost saving products, chromo free technology, environment-friendly products, and growth in the number of people travelling by air. In Asia-Pacific, India has an enormous potential for establishing maintenance, repair and overhaul centers for civil and military aircraft sectors as the country is emerging as the fastest industry for engineering and design services.

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