New York, NY, July 26, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Aircraft Fastener Coatings Market by Aircraft Type (Commercial, Regional, General Aviation, Helicopter, and Military), by Application (Engine, Aerostructures, Interiors, and Others), By Coating Type (Cadmium Coating, Dry Lubricant, Silver Coating, Aluminum Coating, and Others), and by Process Type (Spray Coating, Dip Coating, Electroplating, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global aircraft fastener coatings market was approximately USD 939 million in 2018 and is expected to generate around USD 1,356 million by 2026, at a CAGR of around 4.7% between 2019 and 2026.
Aircraft fasteners are among the most vital components for the aircraft sector, as they play an important role in attaining apt assembly of aircraft parts. Fasteners are placed in extremely critical application areas, which are prone to corrosion and temperature fluctuations. Hence, aircraft fasteners need to be further secured with an additional coating layer, to ensure protection against corrosion and chemical-resistance and increase durability. The growing demand for aircraft fasteners coatings, particularly from the Asia Pacific region, is expected to drive the aircraft fastener coatings market globally in the upcoming years.
Browse through 72 Tables & 38 Figures spread over 110 Pages and in-depth TOC on “Global Aircraft Fastener Coatings Market: By Aircraft Type, Segments, Industry Size, Share, Applications, Analysis and Forecast, 2018–2026”.
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The aircraft fastener coatings market is fragmented based on aircraft type, application, coating type, and process type. Commercial aircrafts are expected to hold a major market share over the forthcoming years, owing to the rising production of A320 and B737.
By application, the aircraft fastener coatings market includes engine, aerostructures, interiors, and others. Aerostructure is expected to show the highest market growth in the years ahead. The assembly and manufacturing of aerostructure parts require millions of fasteners, which need coatings to retain their strength for durability and safeguarding aerostructures against the external environment.
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Dry lubricant is expected to hold a considerable aircraft fastener coatings market share in the future, due to its superior working abilities even in extreme temperatures, reduced friction between surfaces, and good thermal break down. Cadmium is expected to show the highest growth rate, as it offers a wide range of advantages like good conductivity for EMI shielding, high corrosion-resistance, inherent lubricity that reduces galling, and electrical bonding and lightning strike.
Spray coating, dip coating, electroplating, and others comprise the process type market segment. Spray coating is expected to grow substantially in the future, owing to its excellent properties. These coatings have great dispersion on materials, which ensures the application of an extremely thin but a tough layer of coating.
Browse the full “Aircraft Fastener Coatings Market by Aircraft Type (Commercial, Regional, General Aviation, Helicopter, and Military), by Application (Engine, Aerostructures, Interiors, and Others), By Coating Type (Cadmium Coating, Dry Lubricant, Silver Coating, Aluminum Coating, and Others), and by Process Type (Spray Coating, Dip Coating, Electroplating, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/aircraft-fastener-coatings-market
The Asia Pacific aircraft fastener coatings market is expected to hold a major share over the forecast time period, owing to the growing commercial aircrafts demand to support the rising volume of passenger traffic, soon-to-be-launched indigenous regional and commercial aircrafts (Mitsubishi MRJ and COMAC C919), establishment of Boeing and Airbus assembly plants in China, and increasing fleet size of aircrafts.
The North America region is expected to remain the largest market for aircraft fastener coatings over the forecast time period. The region is the global manufacturing capital of the aerospace sector along with the presence of several large- to small-sized OEMs, distributors, tier players, fastener manufacturers, and airline companies. The U.S. is expected to drive this regional market growth in the future. The region has the presence of almost all the leading aircraft OEMs including Airbus, Boeing Cessna, Gulfstream, and Lockheed Martin.
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Europe is a considerable aircraft fastener coatings market, which is expected to generate significant growth opportunities in the upcoming years. The increasing air passenger traffic to and from Europe will fuel the new aircraft demand, as airlines look to expand and modernize their fleet. This, in turn, is expected to drive the aircraft fastener coatings market in Europe. Airbus and Dassault Aviation are the two major aircraft OEMs based out of France. The country is a major player in the aircraft fastener coatings market in Europe.
The Latin America aircraft fastener coatings market is expected to grow moderately over the forecast time period, owing to the rising demand from the Brazilian aircraft industry.
Some key players operating in the global aircraft fastener coatings market are Arconic Corporation, Endura Coatings, Curtiss-Wright, PPG Aerospace, Innovative Coatings Technology, Lisi Aerospace, Precision Castparts, and TIODIZE.
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This report segments the global aircraft fastener coatings market into:
Global Aircraft Fastener Coatings Market: Aircraft Type Analysis
- Commercial Aircraft
- Regional Aircraft
- General Aviation
- Helicopter
- Military Aircraft
Global Aircraft Fastener Coatings Market: Application Analysis
- Engine
- Aerostructures
- Interiors
- Others
Global Aircraft Fastener Coatings Market: Coating Type Analysis
- Cadmium Coating
- Dry Lubricant
- Silver Coating
- Aluminum Coating
- Others
Global Aircraft Fastener Coatings Market: Process Type Analysis
- Spray Coating
- Dip Coating
- Electroplating
- others
Global Aircraft Fastener Coatings Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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