An aerospace coating is a high-performance coating material, which offers high resistance against fluctuation in temperature, variable air pressure, intense ultra-violet exposure at higher altitudes, chemical attacks and humid conditions and corrosion, which causes wear & tear of metal surfaces. It also reduces the overall weight of the aircraft, which leads to less emission of CO2.
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Several airlines are either rebranding themselves or entering into mergers, which has created a need to modify their fleet with the new design, symbol or brand name. This is one of the major driver bolstering the growth of aerospace coatings market. Furthermore, the air passenger traffic is witnessing the high growth particularly, in the developed economies attributed to the spending capacity of the population residing in these countries. This has led to increased government budget for new airport construction or expansion. Thus, there is a high demand for aircraft by these economies, which propels the aerospace coatings market growth.
Also, key Aerospace Coating market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information for the last 3 years, and the key developments for the past five years. Some of the key players influencing the market are Akzo Nobel N.V, BASF Corporation, BryCoat Inc, Hentzen Coatings, Inc, IHI Ionbond AG, MAPAERO, PPG Industries, Inc, Safran SE, The Sherwin-Williams Company, and Zircotec Ltd among others.
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