Aerospace Coatings Market Worth $2.48 Billion By 2025 | Top Companies Are AkzoNobel N.V & PPG Industries, Inc.

San Francisco, 21 Dec 2018 - “Aerospace Coating Market Size, Share & Trends Analysis Report By Resin (Epoxy, PU), By Product, By Application (Exterior, Interior), By End User, By Industry Category, And Segment Forecasts, 2018 – 2025” The global aerospace coatings market size is projected to reach USD 2.48 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.0% during the forecast period. Increasing air passenger traffic is one of the key factors driving the aviation industry, which translates into greater demand for aerospace coatings.

Aerospace coatings offer aesthetic appeal and resistance towards corrosion, chemical, electrical and erosion. They are designed and formulated to obtain extended aircraft life. The growth of the aviation industry due to increasing per capita income and rising air cargo transports is expected to fuel the demand for the product. The demand for polyurethane resin is anticipated to be high throughout the forecast period as they hold very low VOC content and are chromate-free in nature.

North America was the largest market for aerospace coatings in 2017. It is poised to retain its position through 2025. The region is likely to register a healthy growth rate during the forecast period, owing to substantial demand from the U.S. Countries in Europe have been investing in manufacturing of commercial aircrafts, aiming to reduce imports of aircraft from the U.S. This, in turn, has resulted in considerable demand for these coatings in countries such as Germany, France, U.K., and Italy.

Surging demand for air travel from countries such as China and Japan is estimated to drive the market in Asia Pacific over the forecast years. Presence of various long airline routes in Asia Pacific is boosting the demand for aerospace coatings. Several government initiatives in countries such as encouraging private investments in the aerospace industry to allow domestic aerospace companies to compete globally are expected to foster the demand for aerospace coatings in Asia Pacific

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/aerospace-coatings-market 

Further key findings from the report suggest:

• In terms of volume, the polyurethane resin segment is expected to witness steady growth of 5.4% over the forecast period, owing to increasing demand from commercial aviation OEMs
• The liquid product segment dominated the global market in 2017, with a revenue share of 74.1%
• In terms of volume, the military end-user segment is projected to witness the highest CAGR of 5.5% from 2018 to 2025
• There will be a high demand for aerospace coating from the MRO industry in Asia Pacific, owing to surging demand in countries such as Singapore, China, and South Korea
• The exterior application segment dominated the market, with a revenue share of over 70.0% in 2017, owing to its increased use in the commercial and military end-user segment
• The U.S. aerospace coatings market is anticipated to exceed 9.72 kilotons by 2025, owing to increasing military spending and higher demand for passenger travel
• The market has intense competition among key players owing to the fact that the products offered by manufacturers have low differentiation
• Some of the key companies present in the market are AkzoNobel N.V; PPG Industries, Inc.; Sherwin-Williams; Hentzen Coatings, Inc.; and Mankiewicz Gebr. & Co; Axalta Coating Systems Ltd; Saint-Gobain S.A; Henkel Corporation; IHI Ionbond AG; Zircotec Ltd; LORD Corporation; AHC Oberflächentechnik; BryCoat Inc.; and NV Specialty Coatings.

Access More Repors Of The Same Category: 
www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the global aerospace coatings market on the basis of resin, product, end user, industry category, application, and region.

Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Epoxy
• Polyurethane
• Others

Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Liquid
• Powder

End User Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Commercial
• Military
• Others

Industry Category Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• OEM
• MRO

Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Exterior
• Interior

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America
  • US
• Europe
  • Germany
  • UK.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa 

Browse Press Release of this Report:  www.grandviewresearch.com/press-release/global-aerospace-coatings-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Coating Market Size Worth $11.68 Billion By 2024 | Top Companies DuPont & PPG Industries

San Francisco, 04 Dec 2018 - The global smart coating market is expected to reach USD 11.68 billion by 2024, according to a new report by Grand View Research, Inc. The rapidly increasing product demand from key end-use industries, namely, construction, automotive aerospace, military, and healthcare, is expected to drive the market growth over the forecast period.

Advanced properties such as self-healing, self-cleaning and corrosion resistance exhibited by the materials has led to an increase in demand from the automotive and aerospace industry, mainly for exterior applications. In addition, advanced coatings applied in aircrafts have the ability to indicate damage on an aero engine.

Growing use of the product in military applications owing to rising demand for customizations, including smart self-repair, artificial intelligence, and sensing capabilities is expected to propel growth. The concerns of bio-fouling, microbial attacks, and so on are addressed by the compound in the marine end-use sector. Furthermore, the product helps mitigate maintenance challenges in the aerospace industry, which is a key driver promoting product demand.

The market is expected to witness highest growth in multi-layer products owing to the increasing applications of multi-layered coatings for surface protection in various end-use sectors is expected benefit overall industry growth. Industry participants such as BASF SE, The Dow Chemical Company, PPG Industries and A&K coating among others engage in extensive research & development for the manufacture of multi-functional coatings

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/smart-coating-market

Further key findings from the report suggest:

• The smart coating market was valued at USD 885.5 million in 2015 and is projected to grow at a CAGR of 31.5% over the forecast period, owing to increasing application scope in end-use industries such as automotive, construction, aerospace, military, healthcare, and consumer electronics.
• Single-layer coating product segment recorded a CAGR of 21.5% in terms of volume; the increasing demand for single-coats with multiple functionalities for electronic devices and components is expected to drive segment growth over the next eight years.
• Multiple-layer is the fastest growing product category owing to the high usage of these coatings in construction and automotive applications.
• North America accounted for a significant market share and is projected to retain its position in the global market on account of the presence of key manufacturers and suppliers.
• Asia Pacific recorded a market value of USD 171.8 million in 2015 and the highest CAGR of 38.6% from 2016 to 2024. This can be attributed to the increasing product demand from emerging economies of China, India, Vietnam, and Indonesia on account of extensive ongoing manufacturing activities.
• Key players in the industry include DuPont, PPG Industries, The Dow Chemical Co., 3M Company, BASF SE, and Dow Corning.
• In recent years, mergers & acquisitions have been the major growth strategies adopted by key players for strengthening their positions in the global.

Access More Reports Of The Same Category: www.grandviewresearch.com/industry/advanced-materials

Grand View Research has segmented the global smart coating market on the basis of product, application, and region:

Product Outlook (Volume, 000’ liters; Revenue, USD Million; 2013 - 2024)

• Single-layer
• Multi-layer

Application Outlook (Volume, 000’ liters; Revenue, USD Million; 2013 - 2024)

• Automotive
• Aerospace
• Construction
• Consumer Electronics
• Military
• Healthcare
• Others

Regional Outlook (Volume, 000’ liters; Revenue, USD Million; 2014 - 2025)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-smart-coating-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Decorative Coatings Market Worth $106.97 Billion By 2022 | Key Industry Players PPG Industries And BASF

San Francisco, 13 Nov 2018 - The Global decorative coatings market is expected to reach USD 106.97 billion by 2022, according to a new report by Grand View Research, Inc. Rising construction spending in light of urbanization, population growth and government infrastructural plan will augment industry growth. Emerging economies in Southeast Asia including Malaysia, Thailand and Singapore are projected to witness a surge owing to increasing commercial establishments including shopping malls and business parks. 

Waterborne coatings accounted for over 70% of global revenue and are expected to gain share over solventborne owing to its non-requirement of additives, hardeners or thinners resulting in cost advantage. In addition, the U.S. EPA and REACH promotes use of waterborne technology which is expected to stimulate market expansion over the next seven years. 

Ongoing product development by various companies to manufacture cost-efficient and high performance coatings is further expected to drive demand over the next seven years. However, fluctuating raw material prices along with adverse environment impact of solventborne coatings is expected to restrict market growth over the next seven years. Introduction of nanocoatings along with green coatings is expected to open new opportunities for growth over the forecast period. 

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/decorative-coatings-market

Further key findings from the report suggest:

• Global decorative coatings market demand was 21,473.1 kilo tons in 2014 and is expected to reach 34,483.7 kilo tons by 2022, growing at a CAGR of 6.1% from 2015 to 2022
• Primer is expected to witness rapid gains at an estimated CAGR of 6.3% from 2015 to 2022 as it acts as a leveler and protector for other products
• Commercial applications are expected to witness significant rise, in terms of volume, at a CAGR of 6.0% from 2015 to 2022 on account of rapid industrialization, increasing government infrastructure spending along with increasing FDI in India and China. In addition, 2016 Olympic Games in Rio de Janeiro will augment demand in commercial sector.
• North America accounted for over 15% of the global market share and is expected to witness significant gains in light of rapid infrastructure development and re-development in the U.S. and Mexico. Government efforts on reducing carbon footprints by deploying eco-friendly products will augment waterborne coatings industry over the forecast period.
• Key industry players include PPG Industries, BASF, Sherwin-Williams, AkzoNobel, Kansai Paint and Nippon Paint. Various companies are involved in continuous R&D and technological development to enhance coatings properties including stability and low VOCs. For instance, Axalta Coating Systems provides waterborne coatings which significantly reduce energy consumption, VOCs emissions and overall investment. In June 2015, Dow Coatings Materials developed a low-VOC-capable hybrid resin for two-component (2K) coating systems which offers durability and interior UV protection. 

Access More Reports Of The Same Category: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the global decorative coatings market on the basis of product, technology, application, and region:

Global Decorative Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Primer
• Enamel
• Emulsions
• Others

Global Decorative Coatings Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Waterborne Coatings
• Solventborne Coatings

Global Decorative Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Residential
• Commercial

Global Decorative Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
  • India
• Latin America
  • Brazil
• MEA

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-decorative-coatings-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com