How big is the Aircraft Paints Market?

The Aircraft Paints Market size is expected to reach USD 1.35 billion in 2024 and grow at a CAGR of 2.27% to reach USD 1.51 billion by 2029. Read More

What is the current Aircraft Paints Market size?

In 2024, the Aircraft Paints Market size is expected to reach USD 1.35 billion. Read More

Who are the key players in Aircraft Paints Market?

PPG Industries, Inc., IHI Ionbond AG, Mankiewicz Gebr. & Co., Hentzen Coatings, Inc. and Akzo Nobel N.V. are the major companies operating in the Aircraft Paints Market. Read More

Which is the fastest growing region in Aircraft Paints Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Aircraft Paints Market?

In 2024, the North America accounts for the largest market share in Aircraft Paints Market. Read More

What years does this Aircraft Paints Market cover, and what was the market size in 2023?

In 2023, the Aircraft Paints Market size was estimated at USD 1.32 billion. The report covers the Aircraft Paints Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aircraft Paints Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Aircraft Paints Market Share

Statistics for the 2023 & 2024 Aircraft Paints market share, created by Mordor Intelligence™ Industry Reports. Aircraft Paints share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Aircraft Paints Industry

The aircraft paints market is semi-consolidated, wherein a large market share is occupied by manufacturers like Akzo Nobel N.V., PPG Industries Inc., IHI Ionbond AG, Mankiewicz Gebr. & Co., and Hentzen Coatings Inc. Currently, most paints and coating providers are present in North America and Europe. An increase in their global presence will help them gain a competitive advantage over others.

Also, the development of paints that reduce weight, increase fuel efficiency, improve the stealth characteristics of aircraft, and are eco-friendly will help companies attain a better position in the market. In April 2023, AkzoNobel announced that airlines and operators could optimize their fleets' paint maintenance schedules through a digital management system developed by AkzoNobel's Aerospace Coatings business. Developments such as these will help companies to gain a competitive advantage over others.