The Aero-Engine Coatings Market is expected to register a CAGR of 3% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The aero-engine coatings market report is segmented by form (powder, liquid, and others). The market is segmented based on the function (corrosion resistant coating, thermal barrier coating, wear resistant coating, and abradable coating). The market is segmented based on aircraft type (commercial aircraft and military aircraft). The market is segmented based on engine type (turbofan engine, turboshaft engine, turbojet engine, and turboprop engine). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.
Purpose of the ReportThe report Aero-Engine Coatings Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Aero-Engine Coatings Market Segmentation
Form- Powder
- Liquid
- Corrosion Resistant Coating
- Thermal Barrier Coating
- Wear Resistant Coating
- Abradable Coating
- Commercial Aircraft and Military Aircraft
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Aero-Engine Coatings Market Growth Drivers- Fuel-Efficient Technologies Drive Aero-Engine Coatings: With the expansive growth of global aviation, there is increasing pressure for lean operations, particularly due to fuel costs and environmental issues. The coatings used on aero-engines are fundamental in enhancing thermal efficiency and overall performance. As thermal barrier coatings allow the engines to operate at higher temperatures, better fuel combustion is achieved, and emissions are considerably lowered. The need for fuel-efficient technologies is the main factor influencing the growth of the aero-engine coatings market.
- Advancements in Coatings Boost Aero-Engine Performance: There are ongoing improvements in materials used for coatings and their application, which are fostering the growth of the market. Recent scientific advances in layers of ceramic, metal, or synthetic coating increase the ease of wearing out, the defense from environmental elements like corrosion, and the general efficiency of the coating. These developments help the manufacturers fulfill the new requirements of modern aero engines.
- Regulatory Push Drives Aero-Engine Coatings: More and more companies in the aerospace sector are turning to high-tech coatings that meet the demands of updated maintenance practices because of the growing number of restrictions on emissions and environmental protection. Aero-engine coatings are not only focused on emissions but also incorporate measures to enhance the overall environmental performance of the engine, in keeping with the course being taken globally aimed at reducing the carbon emissions from aviation. The regulatory regime encourages investment in the development of advanced coatings.
- Rising Demand for Green Coatings: With industries perpetrating the integrate sustainability approach, it is quite clear the need for green coatings is emerging. Developments are ongoing for those coatings designed in such a way that the effects on the environment are reduced for instance, coating which is nontoxic and can be recycled. Such trends not only comply with the laws but also persuade consumers and other stakeholders who value the environment.
- Rise of Smart Coatings in Aerospace: Smart coatings can self-assess their condition, self-wear, and self-degrade while also providing information on performance will give the engine real-time operations. This functionality improves the predictability of the maintenance schedule and also cuts idle time, enhancing efficiency. With the aerospace industry progressively reaching out for the digital way, smart coatings are bound to be in use quite often.
- Growing Demand for Aero-Engine Coatings: The aerospace industry is witnessing higher growth rates in the emerging economies and the Asia-Pacific and the Middle East regions in particular. This is because these regions are improving their aviation facilities and establishing their own aerospace industries. Accordingly, as more and more people acquire commercial aircraft and more and more engine upgrades are required, advanced coatings for aero-engines will be in greater demand, offering opportunities to coating manufacturers.
- Military Aviation Boosting Aero-Engine Coatings: Aero-engine coatings exhibit growth prospects in the military aviation sector, especially for military aircraft and UAVs. Coatings for performance enhancement, lowering radar signature, and thermal insulation are required in surplus. As global military expenditures are on the increase, it becomes clear that the manufacturers can take advantage of the situation by designing tailored compositions useful for coatings in military processes.
- Collaborations Advancing Aerospace Coatings Technology: Coating developers working with manufacturers and research organizations within the aerospace industry stand to gain significant advancements in coatings technology. More specifically, alliances or joint ventures bridge the gap between the companies and professional material scientists and application technologists which in turn enables the creation of modern coatings that are essential for the current industry demands.
- Growth of MRO Segment in Aerospace: The MRO segment of the aerospace industry is projected to grow as the number of aircraft in operation increases. Coating companies have an opportunity to get involved in the MRO sector in which they provide coatings for reworking the engines. Along these lines, this particular segment development can bring a consistent income source when operators and airlines intend to repair or enhance the functioning of their engines, increasing their durability
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Aero-Engine Coatings Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Aero-Engine Coatings Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Development of eco-friendly coatings is expected to be the key market trends.
Based on geography, Europe held the largest share of the aero-engine coatings market due to its rapidly growing aircraft industry.
Based on function, the corrosion resistant coating segment is expected to witness the fastest growth during the forecast period.
Praxair Technology Inc., OC Oerlikon Management AG, Chromalloy Gas Turbine LLC, PPG Industries, Inc., AkzoNobel N.V., DuPont, Indestructible Paint Limited, A and A Thermal Spray Coatings, APS Materials Inc., and TURBOCAM Inc. are the key players operating in the aero-engine coatings market.
The increasing demand for fuel efficiency is driving the market growth.
The Aero-Engine Coatings Market is estimated to witness a CAGR of 3% from 2023 to 2031
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aero-Engine Coatings Market - By Aircraft Type
1.3.2 Aero-Engine Coatings Market - By Engine Type
1.3.3 Aero-Engine Coatings Market - By Form Type
1.3.4 Aero-Engine Coatings Market - By Application Type
1.3.5 Aero-Engine Coatings Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AERO-ENGINE COATINGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AERO-ENGINE COATINGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AERO-ENGINE COATINGS MARKET - GLOBAL MARKET ANALYSIS
6.1. AERO-ENGINE COATINGS - GLOBAL MARKET OVERVIEW
6.2. AERO-ENGINE COATINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AERO-ENGINE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
7.1. OVERVIEW
7.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
7.3. COMMERCIAL AIRCRAFT
7.3.1. Overview
7.3.2. Commercial Aircraft Market Forecast and Analysis
7.4. MILITARY AIRCRAFT
7.4.1. Overview
7.4.2. Military Aircraft Market Forecast and Analysis
8. AERO-ENGINE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE TYPE
8.1. OVERVIEW
8.2. ENGINE TYPE MARKET FORECASTS AND ANALYSIS
8.3. TURBOFAN ENGINE
8.3.1. Overview
8.3.2. Turbofan Engine Market Forecast and Analysis
8.4. TURBOJET ENGINE
8.4.1. Overview
8.4.2. Turbojet Engine Market Forecast and Analysis
8.5. TURBOPROP ENGINE
8.5.1. Overview
8.5.2. Turboprop Engine Market Forecast and Analysis
8.6. TURBOSHAFT ENGINE
8.6.1. Overview
8.6.2. Turboshaft Engine Market Forecast and Analysis
9. AERO-ENGINE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - FORM TYPE
9.1. OVERVIEW
9.2. FORM TYPE MARKET FORECASTS AND ANALYSIS
9.3. POWDER COATING
9.3.1. Overview
9.3.2. Powder Coating Market Forecast and Analysis
9.4. LIQUID COATING
9.4.1. Overview
9.4.2. Liquid Coating Market Forecast and Analysis
9.5. WIRED COATING
9.5.1. Overview
9.5.2. Wired Coating Market Forecast and Analysis
10. AERO-ENGINE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION TYPE
10.1. OVERVIEW
10.2. APPLICATION TYPE MARKET FORECASTS AND ANALYSIS
10.3. TURBINE SECTION
10.3.1. Overview
10.3.2. Turbine Section Market Forecast and Analysis
10.4. COMBUSTION SECTION
10.4.1. Overview
10.4.2. Combustion Section Market Forecast and Analysis
10.5. COMPRESSOR SECTION
10.5.1. Overview
10.5.2. Compressor Section Market Forecast and Analysis
10.6. AFTERBURNER SECTION
10.6.1. Overview
10.6.2. Afterburner Section Market Forecast and Analysis
10.7. BEARINGS AND ACCESSORIES
10.7.1. Overview
10.7.2. Bearings and Accessories Market Forecast and Analysis
11. AERO-ENGINE COATINGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Aero-Engine Coatings Market Overview
11.1.2 North America Aero-Engine Coatings Market Forecasts and Analysis
11.1.3 North America Aero-Engine Coatings Market Forecasts and Analysis - By Aircraft Type
11.1.4 North America Aero-Engine Coatings Market Forecasts and Analysis - By Engine Type
11.1.5 North America Aero-Engine Coatings Market Forecasts and Analysis - By Form Type
11.1.6 North America Aero-Engine Coatings Market Forecasts and Analysis - By Application Type
11.1.7 North America Aero-Engine Coatings Market Forecasts and Analysis - By Countries
11.1.7.1 United States Aero-Engine Coatings Market
11.1.7.1.1 United States Aero-Engine Coatings Market by Aircraft Type
11.1.7.1.2 United States Aero-Engine Coatings Market by Engine Type
11.1.7.1.3 United States Aero-Engine Coatings Market by Form Type
11.1.7.1.4 United States Aero-Engine Coatings Market by Application Type
11.1.7.2 Canada Aero-Engine Coatings Market
11.1.7.2.1 Canada Aero-Engine Coatings Market by Aircraft Type
11.1.7.2.2 Canada Aero-Engine Coatings Market by Engine Type
11.1.7.2.3 Canada Aero-Engine Coatings Market by Form Type
11.1.7.2.4 Canada Aero-Engine Coatings Market by Application Type
11.1.7.3 Mexico Aero-Engine Coatings Market
11.1.7.3.1 Mexico Aero-Engine Coatings Market by Aircraft Type
11.1.7.3.2 Mexico Aero-Engine Coatings Market by Engine Type
11.1.7.3.3 Mexico Aero-Engine Coatings Market by Form Type
11.1.7.3.4 Mexico Aero-Engine Coatings Market by Application Type
11.2. EUROPE
11.2.1 Europe Aero-Engine Coatings Market Overview
11.2.2 Europe Aero-Engine Coatings Market Forecasts and Analysis
11.2.3 Europe Aero-Engine Coatings Market Forecasts and Analysis - By Aircraft Type
11.2.4 Europe Aero-Engine Coatings Market Forecasts and Analysis - By Engine Type
11.2.5 Europe Aero-Engine Coatings Market Forecasts and Analysis - By Form Type
11.2.6 Europe Aero-Engine Coatings Market Forecasts and Analysis - By Application Type
11.2.7 Europe Aero-Engine Coatings Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Aero-Engine Coatings Market
11.2.7.1.1 Germany Aero-Engine Coatings Market by Aircraft Type
11.2.7.1.2 Germany Aero-Engine Coatings Market by Engine Type
11.2.7.1.3 Germany Aero-Engine Coatings Market by Form Type
11.2.7.1.4 Germany Aero-Engine Coatings Market by Application Type
11.2.7.2 France Aero-Engine Coatings Market
11.2.7.2.1 France Aero-Engine Coatings Market by Aircraft Type
11.2.7.2.2 France Aero-Engine Coatings Market by Engine Type
11.2.7.2.3 France Aero-Engine Coatings Market by Form Type
11.2.7.2.4 France Aero-Engine Coatings Market by Application Type
11.2.7.3 Italy Aero-Engine Coatings Market
11.2.7.3.1 Italy Aero-Engine Coatings Market by Aircraft Type
11.2.7.3.2 Italy Aero-Engine Coatings Market by Engine Type
11.2.7.3.3 Italy Aero-Engine Coatings Market by Form Type
11.2.7.3.4 Italy Aero-Engine Coatings Market by Application Type
11.2.7.4 United Kingdom Aero-Engine Coatings Market
11.2.7.4.1 United Kingdom Aero-Engine Coatings Market by Aircraft Type
11.2.7.4.2 United Kingdom Aero-Engine Coatings Market by Engine Type
11.2.7.4.3 United Kingdom Aero-Engine Coatings Market by Form Type
11.2.7.4.4 United Kingdom Aero-Engine Coatings Market by Application Type
11.2.7.5 Russia Aero-Engine Coatings Market
11.2.7.5.1 Russia Aero-Engine Coatings Market by Aircraft Type
11.2.7.5.2 Russia Aero-Engine Coatings Market by Engine Type
11.2.7.5.3 Russia Aero-Engine Coatings Market by Form Type
11.2.7.5.4 Russia Aero-Engine Coatings Market by Application Type
11.2.7.6 Rest of Europe Aero-Engine Coatings Market
11.2.7.6.1 Rest of Europe Aero-Engine Coatings Market by Aircraft Type
11.2.7.6.2 Rest of Europe Aero-Engine Coatings Market by Engine Type
11.2.7.6.3 Rest of Europe Aero-Engine Coatings Market by Form Type
11.2.7.6.4 Rest of Europe Aero-Engine Coatings Market by Application Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Aero-Engine Coatings Market Overview
11.3.2 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis
11.3.3 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis - By Aircraft Type
11.3.4 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis - By Engine Type
11.3.5 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis - By Form Type
11.3.6 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis - By Application Type
11.3.7 Asia-Pacific Aero-Engine Coatings Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Aero-Engine Coatings Market
11.3.7.1.1 Australia Aero-Engine Coatings Market by Aircraft Type
11.3.7.1.2 Australia Aero-Engine Coatings Market by Engine Type
11.3.7.1.3 Australia Aero-Engine Coatings Market by Form Type
11.3.7.1.4 Australia Aero-Engine Coatings Market by Application Type
11.3.7.2 China Aero-Engine Coatings Market
11.3.7.2.1 China Aero-Engine Coatings Market by Aircraft Type
11.3.7.2.2 China Aero-Engine Coatings Market by Engine Type
11.3.7.2.3 China Aero-Engine Coatings Market by Form Type
11.3.7.2.4 China Aero-Engine Coatings Market by Application Type
11.3.7.3 India Aero-Engine Coatings Market
11.3.7.3.1 India Aero-Engine Coatings Market by Aircraft Type
11.3.7.3.2 India Aero-Engine Coatings Market by Engine Type
11.3.7.3.3 India Aero-Engine Coatings Market by Form Type
11.3.7.3.4 India Aero-Engine Coatings Market by Application Type
11.3.7.4 Japan Aero-Engine Coatings Market
11.3.7.4.1 Japan Aero-Engine Coatings Market by Aircraft Type
11.3.7.4.2 Japan Aero-Engine Coatings Market by Engine Type
11.3.7.4.3 Japan Aero-Engine Coatings Market by Form Type
11.3.7.4.4 Japan Aero-Engine Coatings Market by Application Type
11.3.7.5 South Korea Aero-Engine Coatings Market
11.3.7.5.1 South Korea Aero-Engine Coatings Market by Aircraft Type
11.3.7.5.2 South Korea Aero-Engine Coatings Market by Engine Type
11.3.7.5.3 South Korea Aero-Engine Coatings Market by Form Type
11.3.7.5.4 South Korea Aero-Engine Coatings Market by Application Type
11.3.7.6 Rest of Asia-Pacific Aero-Engine Coatings Market
11.3.7.6.1 Rest of Asia-Pacific Aero-Engine Coatings Market by Aircraft Type
11.3.7.6.2 Rest of Asia-Pacific Aero-Engine Coatings Market by Engine Type
11.3.7.6.3 Rest of Asia-Pacific Aero-Engine Coatings Market by Form Type
11.3.7.6.4 Rest of Asia-Pacific Aero-Engine Coatings Market by Application Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Aero-Engine Coatings Market Overview
11.4.2 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis
11.4.3 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis - By Aircraft Type
11.4.4 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis - By Engine Type
11.4.5 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis - By Form Type
11.4.6 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis - By Application Type
11.4.7 Middle East and Africa Aero-Engine Coatings Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Aero-Engine Coatings Market
11.4.7.1.1 South Africa Aero-Engine Coatings Market by Aircraft Type
11.4.7.1.2 South Africa Aero-Engine Coatings Market by Engine Type
11.4.7.1.3 South Africa Aero-Engine Coatings Market by Form Type
11.4.7.1.4 South Africa Aero-Engine Coatings Market by Application Type
11.4.7.2 Saudi Arabia Aero-Engine Coatings Market
11.4.7.2.1 Saudi Arabia Aero-Engine Coatings Market by Aircraft Type
11.4.7.2.2 Saudi Arabia Aero-Engine Coatings Market by Engine Type
11.4.7.2.3 Saudi Arabia Aero-Engine Coatings Market by Form Type
11.4.7.2.4 Saudi Arabia Aero-Engine Coatings Market by Application Type
11.4.7.3 U.A.E Aero-Engine Coatings Market
11.4.7.3.1 U.A.E Aero-Engine Coatings Market by Aircraft Type
11.4.7.3.2 U.A.E Aero-Engine Coatings Market by Engine Type
11.4.7.3.3 U.A.E Aero-Engine Coatings Market by Form Type
11.4.7.3.4 U.A.E Aero-Engine Coatings Market by Application Type
11.4.7.4 Rest of Middle East and Africa Aero-Engine Coatings Market
11.4.7.4.1 Rest of Middle East and Africa Aero-Engine Coatings Market by Aircraft Type
11.4.7.4.2 Rest of Middle East and Africa Aero-Engine Coatings Market by Engine Type
11.4.7.4.3 Rest of Middle East and Africa Aero-Engine Coatings Market by Form Type
11.4.7.4.4 Rest of Middle East and Africa Aero-Engine Coatings Market by Application Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Aero-Engine Coatings Market Overview
11.5.2 South and Central America Aero-Engine Coatings Market Forecasts and Analysis
11.5.3 South and Central America Aero-Engine Coatings Market Forecasts and Analysis - By Aircraft Type
11.5.4 South and Central America Aero-Engine Coatings Market Forecasts and Analysis - By Engine Type
11.5.5 South and Central America Aero-Engine Coatings Market Forecasts and Analysis - By Form Type
11.5.6 South and Central America Aero-Engine Coatings Market Forecasts and Analysis - By Application Type
11.5.7 South and Central America Aero-Engine Coatings Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Aero-Engine Coatings Market
11.5.7.1.1 Brazil Aero-Engine Coatings Market by Aircraft Type
11.5.7.1.2 Brazil Aero-Engine Coatings Market by Engine Type
11.5.7.1.3 Brazil Aero-Engine Coatings Market by Form Type
11.5.7.1.4 Brazil Aero-Engine Coatings Market by Application Type
11.5.7.2 Argentina Aero-Engine Coatings Market
11.5.7.2.1 Argentina Aero-Engine Coatings Market by Aircraft Type
11.5.7.2.2 Argentina Aero-Engine Coatings Market by Engine Type
11.5.7.2.3 Argentina Aero-Engine Coatings Market by Form Type
11.5.7.2.4 Argentina Aero-Engine Coatings Market by Application Type
11.5.7.3 Rest of South and Central America Aero-Engine Coatings Market
11.5.7.3.1 Rest of South and Central America Aero-Engine Coatings Market by Aircraft Type
11.5.7.3.2 Rest of South and Central America Aero-Engine Coatings Market by Engine Type
11.5.7.3.3 Rest of South and Central America Aero-Engine Coatings Market by Form Type
11.5.7.3.4 Rest of South and Central America Aero-Engine Coatings Market by Application Type
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AERO-ENGINE COATINGS MARKET, KEY COMPANY PROFILES
13.1. AANDA THERMAL SPRAY COATINGS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AKZONOBEL
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. APS MATERIALS, INC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. BOEING
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. CHROMALLOY GAS TURBINE LLC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. INDESTRUCTIBLE PAINT LIMITED
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LINCOTEK RUBBIANO S.P.A.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. OC OERLIKON MANAGEMENT AG
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. PRAXAIR S.T. TECHNOLOGY, INC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. HENKEL ADHESIVES TECHNOLOGIES
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. AandA Thermal Spray Coatings
2. AkzoNobel
3. APS Materials, Inc
4. Boeing
5. Chromalloy Gas Turbine LLC
6. Indestructible Paint Limited
7. Lincotek Rubbiano S.p.A.
8. OC Oerlikon Management AG
9. Praxair S.T. Technology, Inc
10. Henkel Adhesives Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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