Kerry Pianoforte, Editor05.04.18
According to GMI, the aerospace coatings market size is estimated to surpass $1 billion by 2024. High usage of these coatings in various aircrafts such as military, space and commercial will primarily drive the industry over the forecast timeframe. Frequent rising air passenger traffic across the globe has led to increased deliveries of aircrafts, further positively influencing industry demand.
According to GMI, aircraft producers are focusing on using high quality paints and coatings in their manufacturing process. The business is witnessing regular innovations to reduce the overall manufacturing cost and enhance product efficiency. Nano coatings has gained prominence in the industry in the last decade owing to benefits offered such as resistance to dirt and retention of shiny colors for longer duration.
“Aerospace coating have benefited from overall growth in the aerospace sector in 2017, growing 3.4 percent,” said John Griffin, segment director, Aer
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