Aerospace Antimicrobial Coating Market by Platform (Aviation and Space), Application (Aviation (Cabin Seats, Sanitary Facilities) and Space (Air Purification)), Fit (OEM and Aftermarket), Material (Silver, Copper), and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America).
Aerospace Antimicrobial Coating Market Overview
The global Aerospace Antimicrobial Coating Market size is projected to reach a CAGR of 6.9% from 2023-2030.
Aerospace antimicrobial coatings are used in the interiors of aircraft and space vehicles to prevent or reduce the growth of bacteria without any side effects on passenger health. These coatings help lower the costs associated with the disinfection of passenger decks. These coatings also help prolong cleaning cycles. The rise in concerns about passenger health is driving the aerospace antimicrobial coatings market. Aerospace antimicrobial coatings effectively prevent the breeding of microbes on surfaces in the cabin of aircraft and their transmission to food and passengers. Of late, the outbreak of Ebola and Zika viruses has emphasized the focus on health and safety in aircraft.
Growth in the Aerospace Antimicrobial Coating Market can largely be attributed to factors such as the increasing aircraft orders due to the rise in passenger traffic across the globe. Also, the airlines are more concerned about passenger safety and are investing in recoating existing fleets of aircraft which will also help in escalating the market. Furthermore, the factors which will provide a boost to the market are the increasing demand for commercial aircraft and business jets due to increased air passenger traffic, and also the industry is focusing on continuous innovation to ensure that the aircraft is affordable with this, modernization solutions are come up with productivity and sustainability.
On the other hand, the lack of profitable airlines in developing economies may hamper the growth of the market.
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An increase in the demand for antimicrobial coatings in aircraft has stemmed from an increase in the incidence of contagious diseases such as the COVID-19 virus. Passengers' safety is ensured by the application of antibacterial coating throughout the fleet. Boeing is collaborating with educational institutions, scholars, and health specialists throughout the world to conduct studies and fund research to reduce the risk of COVID-19 transmission on planes. COVID-19 has had an impact on several businesses. COVID Pandemic has created a few new business opportunities for the Aerospace Antimicrobial Coating Market, in addition to this impact. The epidemic has changed the overall competitive landscape and market dynamics. This research quantifies all of these disruptions and impacts, which is backed up by market trends, events, and revenue shift studies.
Delvens Industry Expert's Standpoint
Rising orders for new aircraft as a consequence of increased air passenger traffic worldwide are one of the most significant drivers of the global aerospace antimicrobial coatings industry. Furthermore, widespread concern relating to air passenger safety as well as rising initiatives to recoat the current aircraft by carriers are also favorably affecting the development of the market. However, a lack of successful aviation enterprises and airways in emerging nations may stymie future growth in the worldwide aircraft antimicrobial coatings industry. The silver segment is expected to lead the aerospace antimicrobial coatings market as it is one of the most efficient materials used by the aerospace industry.
Key Findings
• Aerospace antimicrobial coatings are used in the interiors of aircraft and space vehicles to prevent or reduce the growth of bacteria without any side effects on passenger health. These coatings help lower the costs associated with the disinfection of passenger decks.
• The market under the platform segment is segmented into aviation and space. Amongst these, the aviation segment is expected to lead the aerospace antimicrobial coating market during the forecast period. This growth is attributed to the rise in aircraft deliveries in recent years.
• The market underfit segment is segmented into OEM and aftermarket. The aftermarket segment is expected to grow at the highest rate because of the increasing aircraft orders and rise in the flight hours of aircraft, thus resulting in a reduced recoating period of antimicrobial coatings.
• The market under the material segment is segmented into silver, copper, and others. The silver segment is expected to lead the aerospace antimicrobial coatings market during the forecast period. Silver is one of the efficient materials used by the aerospace industry to kill germs and is still being extensively due to its high germ-killing capability. The rising demand for silver-based coatings is expected to drive the aerospace antimicrobial coating market during the forecast period.
Aerospace Antimicrobial Coating Market Regional Analysis
North America to Dominate the Market
• On the other hand, North America is the major region of the global aerospace antimicrobial coatings market. The aerospace antimicrobial coatings market in North America is estimated to expand at a healthy pace during the forecast period, as the region is the hub of aerospace original equipment manufacturers (OEMs) such as Boeing and Airbus. Europe is another key region of the global aerospace antimicrobial coatings market due to the presence of a strong aerospace industry in the region.
• Asia Pacific is holding a dominant position in the aerospace antimicrobial coating market and is expected to grow at the highest CAGR during the forecast period, and is expected to continue the same driven by increasing aircraft deliveries as well as maintenance.
Aerospace Antimicrobial Coating Market Competitive Landscape
• PPG
• MAPAERO
• Mankiewicz
• BASF
• Hentzen
• Sherwin Williams
• Dunmore
• Henkel
• AkzoNobel
• Permagard.
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Aerospace Antimicrobial Coating Market Recent Developments
• February 2021: World-leading aerospace company Boeing has begun testing an antimicrobial surface coating in space, which could be used to battle Covid-19. Boeing and The University of Queensland are conducting research into the development of antimicrobial surface coatings, which could be used to prevent the spread of microbial and viral diseases.
• October 2021: The COMEX brand by PPG has recently launched Comex VINIMEX TOTAL Antiviral and Antibacterial paint. The new product reduces up to 99.9% of bacteria and viruses responsible for the most common gastrointestinal and respiratory illnesses, including Influenza a H1N1 and the COVID-19 virus, SARS-CoV-2.
Reasons to Acquire in the Aerospace Antimicrobial Coating Market
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for Aerospace Antimicrobial Coating Market to understand the trends and the factors involved in changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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