Aero-Engine Coatings Market Dynamics Impacted by increasing production rates of key aircraft programs and advancements in the fabrication process of different aero-engine components.

Stratview Research

Stratview Research’s latest market report on the Aero-Engine Coatings Market covers the wide spectrum of the factors governing the future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The report is a perfect blend of insights and market figures which would enable the business strategists to churn out the future business strategies.

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According to the report, Aero-Engine Coatings Market is likely to reach US$ 1.2 billion in 2024.

Aero-engines are getting hotter day by day in order to address the airlines’ ever-lasting demand for aircraft that consumes lesser fuel and emits lower carbon oxide and nitrogen oxide. Aero-engine sections, especially, turbine and combustor, are experiencing temperatures above 3,000-degree Fahrenheit. Superalloys used in these sections generally melt at temperatures hundreds of degrees lower. Here, coatings play a pivotal role in surviving these parts from such extreme temperatures. The purpose of coatings is to not only protect engine parts from such high temperatures, but also protect them against oxidation, corrosion, wear, erosion, and fouling. In an aero-engine, different types of coatings are applied on different components. For example, turbine blades are coated with thermal barrier coatings to allow components to operate at a higher temperature while limiting the thermal exposure of components and providing oxidation resistance to the parts leading to its increased lifespan.

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Several factors are stimulating the demand for coatings in aero-engines among which organic growth of the aerospace industry, incorporation of advanced materials in the crucial sections of engines, and advancements in the coating systems and techniques are foremost ones, positively driving the growth of the market.

Aero-engine OEMs keep looking for advanced materials with an aim to improve fuel efficiency, reduce MRO cost, and high lifespan. Several advanced materials including titanium and ceramic matrix composites are strategically incorporated by OEMs in their latest engine series to maximize the benefits. Such adoption in the material mix is shuffling the dynamics of the aero-engine coatings market. Major coating suppliers are working for the development of advanced coating systems addressing the industry requirements. For an instance; development of oxidation-resistant coatings from titanium aluminide, latter is approved for high-pressure compressor sections of the next-generation engines.     

Stratview Research has done a rigorous study on the Aero-Engine Coatings Market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.

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Report Features 

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

This report studies the Aero engine coatings market and has segmented the market in six ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the six ways in which the market is segmented:

Aero-Engine Coatings Market, By Aircraft Type:

• Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aero-Engine Coatings Market, By Engine Type

• Turbofan Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turbojet Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turboprop Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turboshaft Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aero-Engine Coatings Market, By Process Type

• Spray Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• EBPVD Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aero-Engine Coatings Market, By Form Type

• Powder Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Liquid Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Wired Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aero-Engine Coatings Market, By Application Type

• Turbine Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Combustion Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Compressor Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Afterburner Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Bearings & Accessories (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aero-Engine Coatings Market, By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Poland, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, Singapore, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, Middle East, and Others) 

Stratview Research has several high value market reports in the Aerospace industry. Please refer to the following link to browse through our reports:  

Click here for other reports from Stratview Research in the Aerospace Industry.

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