India Aerospace Coating Market

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India Aerospace Coating Market was valued $81.3 Mn in 2017, and is projected to reach $142.7 Mn by 2026, growing at a CAGR of 7.2% during forecast. India aerospace coating market segmented by resin, by technology and by user type. Based on resin, India aerospace coating market is segmented into epoxy, polyurethane, and other. Solvent-based, water-based, powder, and others are technology segments of India aerospace coating market. In terms of user type, India aerospace coating market is divided into original equipment manufacturer & maintenance, repair, and overhaul. India Aerospace Coating Market Aerospace coatings offers high resistance against corrosion, solar heat & UV rays, fog, and climatic stress. Progress of the civil aviation sector due to development of new airports and air services drives India aerospace coating market. In addition, advancement in the field of chromo-free technology is the major factor boosting the growth of the market. However, volatile raw material cost and harmful environmental impact of chromium & lead-based heavy metal restrain the market growth. Nanotechnology in the manufacturing of aerospace coating is expected to pose new opportunities for the market growth. Polyurethanes is foreseen to be the most remunerative segment, as they offer enhanced protection against chemical, staining, and abrasions as compared to other coatings. Polyurethane acts as a UV inhibitor to protect aircraft from corrosive effects of UV rays. Also, durable as well as elastic, and does not crack under excessive pressure even if the fillers underneath experience cracks. Solvent based coatings segment grabs 60% share of the India aerospace coating market in 2017. However, VOCs emission restrain the growth of market. Water-based coatings is predicted to exhibit high growth rate during the forecast period, owing to ease of clean up, minimum VOCs, decreased fire hazard, and less requirement of petroleum-based raw materials in coatings. OEM is leading the India aerospace coating market and is expected to maintain its dominance during forecast period. Demand from maintenance, repair and overhaul (MRO) will experience significant growth rate owing to consolidation of aviation industry. Moreover, faster processing time, wide colour options and cost-effective services will support the aerospace coating market demand from MRO during forecast period. Akzonobel N.V., BASF SE, Henkel AG, Hentzen Coatings, Inc., IHI Ionbond AG, Mankiewicz GEBR, Mapaero, PPG Industries, INC, The Sherwin-Williams Company, Zircotec Ltd., AHC Oberflchentechnik GmbH, Argosy International, Asahi Kinzoku Kogyo Inc., Brycoat Inc., Cheaerospacel, Hohman Plating & Manufacturing LLC, International Aerospace Coatings Holdings Lp, Merck Performance Materials, NVSC Specialty Coatings, and Zodiac Aerospace are key players involved in the India aerospace coatings market. Scope of the India Aerospace Coating Market India Aerospace Coating Market by Resin: • Epoxy • Polyurethane • Other India Aerospace Coating Market by Technology: • Solvent-based • Water-based • Powder • Other India Aerospace Coating Market by User Type: • Original Equipment Manufacturer • Maintenance, Repair and Overhaul Key Player analysed in India Aerospace Coating Market: • Akzonobel N.V. • BASF SE • Henkel AG • Hentzen Coatings • IHI Ionbond AG • Mankiewicz GEBR • Mapaero, PPG Industries • The Sherwin-Williams Company • Zircotec Ltd • AHC Oberflchentechnik GmbH • Argosy International • Asahi Kinzoku Kogyo Inc. • Brycoat Inc. • Cheaerospacel • Hohman Plating & Manufacturing • International Aerospace Coatings Holdings • Merck Performance Materials • NVSC Specialty Coatings • Zodiac Aerospace. For more information visit: This Report Is Submitted By Maximize Market Research Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: Address: Maharashtra 411051, India. Contact:+919607065656