Tim Wright08.02.10
The aircraft coatings industry in the United States is highly consolidated with four key suppliers: AkzoNobel, PPG, Deft and Sherwin-Williams. The market was valued at roughly $140 million in 2008, according to Chemark Consulting, and is dominated by the commercial aircraft segment, which accounted for 73.5 percent of the market. The military and general aviation segments accounted for 22.5 percent and five percent respectively.
Continued economic pressure in the airline industry continues to depress demand for both original equipment (OE) and maintenance coatings in both the commercial and general aviation segments. The military segment on the other hand is expanding at a higher growth rate due to increases in defense spending.
The commercial airline industry operates in a very competitive environment where margins are razor thin. “Any significant fluctuation in costs or revenues can have severe impacts on profitability,” said John Griffin, director, AkzoNobel Aerospace Coatings EMEA. “In down times, airlines will often postpone non-critical operations, such as repainting aircraft. However, a
Continued economic pressure in the airline industry continues to depress demand for both original equipment (OE) and maintenance coatings in both the commercial and general aviation segments. The military segment on the other hand is expanding at a higher growth rate due to increases in defense spending.
The commercial airline industry operates in a very competitive environment where margins are razor thin. “Any significant fluctuation in costs or revenues can have severe impacts on profitability,” said John Griffin, director, AkzoNobel Aerospace Coatings EMEA. “In down times, airlines will often postpone non-critical operations, such as repainting aircraft. However, a
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