In a recent published report, Kenneth Research has updated the market report for Aerospace Antimicrobial Coating Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Aerospace Antimicrobial Coating Market products.
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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Aerospace Antimicrobial Coating Market is estimated to reach $40.4 million by 2025; growing at a CAGR of 7.9% from 2017 to 2025. An antimicrobial surface comprises an antimicrobial agent which hinders the ability of microorganisms to grow on the surface of a material. A coating of chemical compound can be applied to a surface which is toxic to microorganism to restrict their growth. Growing worry for air passenger’s health from damaging microorganisms in aircraft cabin, kitchen, and lavatories, among others is the key factor boosting the growth of the global aerospace antimicrobial coating market. Some of the trends that the market is observing comprise growing number of air passenger traffic in emerging nations as well as increase in investments in the commercial & general aviation sectors. With these trends, the market is likely to resister high growth over the forecasted period.
Growing number of aircraft deliveries, growth in number of transmittable diseases, and upgradation of existing aircraft are the key factors supporting the growth of the global aerospace antimicrobial coating market. Though, low durability of antimicrobial coatings might act as a roadblock for the growth of the aerospace antimicrobial coating market. Furthermore, rise of aircraft manufacturers in Asia Pacific would create new growth opportunities for players in this market.
The aerospace antimicrobial coating market has been categorized on the basis of material, platform, application, fit, and geography. Material includes Copper, Silver, and Other Materials. By platform, market is categorized into Aviation (Commercial and Defense) and Space. Application includes Aviation (Air Supply & Management System, Thermal Management & Control System, Cabin Pressure & Control System, Sanitary Facilities and Kitchen, and Cabin Seats & Interior) and Space (Air Purification & Oxygen Systems, Cabin Pressure & Control System, Sanitary Facilities & Purification Systems, and Other Space Applications). Furthermore, on the basis of fit, the market is separated into OEM and aftermarket.
On the basis of geography, global aerospace antimicrobial coating market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
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The key players operating in the market are BASF SE, PPG Industries, Inc., The Sherwin-Williams Company, Mankiewicz Gebr. & Co., Henkel AG & Co. KGaA, AkzoNobel, Hentzen Coatings, Inc. MAPAERO, Permagard, and Dunmore, among others.
The key takeaways from the report
The report will provide detailed analysis of Global Aerospace Antimicrobial Coating Market with respect to major segments such as material, platform, application, and fit
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Aerospace Antimicrobial Coating Market has been included in the report
Profile of the key players in the Global Aerospace Antimicrobial Coating Market will be provided, which include key financials, product & Synthetic Platelets, new developments and business strategies
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Scope of the Global Aerospace Antimicrobial Coating Market
Material Segments
Copper
Silver
Other Materials
Platform Segments
Aviation
Commercial
Defense
Space
Application Segments
Aviation
Air Supply & Management System
Thermal Management & Control System
Cabin Pressure & Control System
Sanitary Facilities and Kitchen
Cabin Seats & Interior
Space
Air Purification & Oxygen Systems
Cabin Pressure & Control System
Sanitary Facilities & Purification Systems
Other Space Applications
Fit Segments
OEM
Aftermarket
Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Russia
Germany
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global Aerospace Antimicrobial Coating Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.1 Impact Analysis
3.3.2 Restraints
3.3.2.1 Impact Analysis
3.3.3 Opportunities
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