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Global Aerospace Coatings Market to Grow at a CAGR of 7.5% Through 2019

Fast Market Research announces the availability of the new TechNavio report, "Global Aerospace Coatings Market 2015-2019", on their comprehensive research portal


Boston, MA -- (SBWIRE) -- 08/25/2015 -- Fast Market Research announces the availability of Technavio's new report "Global Aerospace Coatings Market 2015-2019" on their comprehensive research portal.

Aerospace coatings are products that enhance the appearance and durability of an aircraft by protecting it from external factors such as UV radiation and extreme temperatures. Aerospace coatings are used by aircraft manufacturers for the production of new aircraft as well as overhauling of existing aircraft. Vendors in the market offer products for four different functional layers: e-coat, primer, basecoat, and clear coat.

Technavio's analysts forecast the global aerospace coatings market to grow at a CAGR of 7.50% over the period 2014-2019.

Commenting on the report, an analyst from Technavio?s team said: ?One trend that augments growth in this market is the need for chrome-free, high-performance coatings. A chrome-free paint system uses alternative surface preparation methods to reduce the chromate conversion of coating and primers.?

Get More Details on this Report and a Full Table of Contents at Global Aerospace Coatings Market 2015-2019

According to the report, the rising demand for environment-friendly coatings is a critical driver that fosters growth in this market. Solvent-based coatings contain VOCs that are potentially hazardous to the environment. In line with growing environmental concerns, there has been a rise in the demand for environmentally friendly and low-VOC coatings.

Further, the report states that the unsatisfactory curing standards of opaque coatings is a challenge faced by this market. Many aerospace topcoats need to be opaque to exhibit the desired color and aesthetic properties. Achieving a consistent cure of opaque coatings is not easy as most of the military topcoats are dark gray

The key players in the Global Aerospace Coatings Market are AkzoNobel, Hentzen Coatings, PPG, and Sherwin-Williams.

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