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Powerful industry players like BASF,
                                                             Akzo Nobel NV, Heinkel, PG industries,

                                                             and The Sherwin Williams Co., are
                                                             leaving almost no stone unturned to

                                                             leverage the opportunities coming
                                                             their way, making the global market
                                                             a lucrative business hub.







                                                               A major concern that has been laying massive influence on the
                                                             growth projections of aerospace coatings market is the aircraft
                                                             weight. Building a lighter aircraft is generally beneficial for the
                                                             aircraft operations and the environment. Reducing weight can lead
                                                             to enhanced fuel savings, in turn adding to increased financial and
                                                             sustainability performance.
                                                               In light of this issue, PPG has developed and commercialized
                                                             several products that are anticipated to deliver weight-saving
                                                             solutions to its customers. In 2018 the company announced launch
                                                             of Desothane HD basecoat clearcoat, which enables customers to
                                                             reduce the weight of coatings on their aircraft nearly 20 percent. It
                                                             is safe to say that a lightweight aircraft body has emerged as one of
                                                             the most prominent trends across the aerospace coatings industry.
         pave way for new manufacturing operations and technology for the
         firm’s specialized coatings and polishing for aerospace engines.    Lingering Effects of the Coronavirus
           In addition to the power pact investment, ACOA’s business devel-  Pandemic on Aerospace Industry and Aerospace
         opment program was also reported to offer US $200,000 to bolster   Coatings Market Worldwide
         MDS Coating’s purchase of a 3D metal printer to support novel    The coronavirus pandemic has had a major impact on the global
         manufacturing techniques. As per credible sources, the company’s   economy while also paralyzing various industries including avia-
         coating technology has drastically reduced engine maintenance   tion. As fleets are grounded, the demand for paints and coatings
         costs, greenhouse emissions, and fuel consumption, acting as a    products has substantially decreased. However, since lockdowns
         perfect solution for all coating needs across the aerospace industry.    across various economies will all lift in time, manufacturers and
                                                             industry giants have been laying the groundwork for much-
         Numerous Developments in Aerospace Coatings         desired focus on hygiene in the aircraft cabins, offering newer
         to Revolutionize the Business Space                 growth opportunities.
         Lately, the aerospace coatings market has been highly characterized   Mankiewicz Coatings, for example, developed a paint equipped
         by a host of modern innovations, mainly influenced by the global   with antimicrobial additives. ALEXIT FST BioProtect, is a coating
         sustainability trend. This has been particularly  observed across   that uses silver technology to curb the growth of bacteria and
         North America, which hosts a number of aerospace manufacturers.   mildew on surfaces painted with it. Such innovations are likely to
         Industry leader PPG International’s recent development of ‘PPG   help increase the company’s overall market valuation and ensure
         AERCON aerospace electrocoat primer’ for the U.S. Air Force is one   customer satisfaction.
         example. With highly anticipated testing being conducted at the Air   Aside from North America, the aerospace coatings industry is
         Force’s Advanced Technology and Training Center in middle    also poised to see big gains across Europe, Asia Pacific, and Latin
         Georgia, PPG primer is said to offer superior corrosion resistance   America. Asia Pacific has come out to be one of the strong growth
         and enhanced topcoat adhesion for aircraft parts.    avenues for the overall aerospace coatings market owing to the
           Reports suggest that the U.S. Air Force issued a bulletin last    rising international trade across India and China, and increasing
         October to declare the primer’s vitality and significance for coating   air traffic. n
         parts used on the outer surface of aircraft. Once thoroughly tested
         for use, the coating is expected to become a subject of pursuit   Prepared for CFCM by Global Market Insights
         amongst investors which would bring a dynamic disruption in the   www.gminsights.com.
         overall aerospace coatings industry to watch out for.
         WWW.CFCM.CA                                                                CANADIAN FINISHING & COATINGS MANUFACTURING             27
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