The report, now available on ASDReports, recognizes the following companies as the key players in the Global Commercial Aerospace Coatings Market:
Other Prominent Vendors in the market are: Akzo Nobel, PPG, and Sherwin-Williams.
Commenting on the report, an analyst said: “Vendors in the market have introduced innovative UV-cure products such as clearcoats. While UV-cure aerospace coatings currently account for a small share of the market, an increase in revenue share is projected over the next few years.”
According to the report, as solvent-based coatings contain VOCs that are potentially hazardous to the environment, the market is witnessing a rise in the demand for environmentally friendly low-VOC coatings.
Further, the report states that with regard to topcoats used in aerospace applications, the major challenge lies in achieving a complete cure, low gloss, and acceptable exterior weathering.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.