New York, April 07, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Aerospace Coating Market Forecast to 2027 – COVID-19 Impact and Global Analysis By Resin Type, by Technology, and by End User” – https://www.reportlinker.com/p06027516/?utm_source=GNW
Aerospace coatings provide better resistance against corrosion, ultraviolet rays and solar heat, fog, and other adverse weather conditions.
The coating also protects the aircraft from corrosion and chemical attacks.Moreover, frequent environmental changes have also led to the rise in the requirement of coatings for aircraft.
Aerospace coatings are designed to prevent temperature fluctuations, air pressure variations, and air instabilities.
Based on end user, the aerospace coating market has been segmented into commercial aviation, military aviation, and general aviation.The commercial aviation segment accounted for the largest share in the market in 2019.
In recent years, commercial aviation has become one of the most lucrative marketplaces for aerospace coating providers.Commercial aviation is considered as a part of civil aviation.
The increase in the number of air travellers, rise in international trade, and surge in cargo traffic has led to the expansion of the commercial aviation industry which is driving the segment growth.
The global aerospace coating market is segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa.In 2019, North America held the largest share in the market.
The aerospace industry in the US is growing over the years, and the country has been experiencing the emergence of various aerospace companies since the past few years.Stringent regulations imposed by governments over coating products have increased the demand for polyurethane aerospace coatings in this region.
Increase in spending on the military and defense sector has also driven the growth of aerospace coatings market in North America. Furthermore, surge in demand for commercial aircraft due to the rise in air travel as