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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.
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