Aerospace Coatings Market Coatings World 2015 05 
Aerospace coatings market: the aerospace coatings market continues to experience growth due to economic recovery and innovative technologies.(Cover story)
Pianoforte, Kerry
2680 words
1 May 2015
Coatings World
CTGS
24
ISSN: 1527-1129; Volume 20; Issue 5
English
Copyright 2015 Gale Group. All rights reserved.
The global aerospace coatings market is estimated to be $615 million, according to Chris G. Athansopoulos, director global sales, Aerospace Division, Hentzen Coatings Inc. This can be further broken down to $299 million for commercial and $216 for military. Asia-Pacific is largest in terms of volume and value. Next comes North America and Europe. The aerospace coatings market is estimated to grow five to eight percent per year in the next five years, he noted.
Coatings manufacturers Coatings World interviewed reported that the aerospace segment for coatings saw very solid increases in demand in 2014 and significant levels of activity in many areas.
"With the continued increase in production rates at key original equipment manufacturers (OEMs) of commercial aircraft and overall progress in airline activity, the aerospace coatings segment continued to progress in a positive manner in 2014," said Mark Cancilla, global platform director--aerospace coatings, PPG Aerospace. "Also, the profitability of the global airline industry, with recent cost cutting and lower fuel prices, adds further robustness to the current environment. While, in general, military spending has eased, it is still substantial enough to maintain positive overall performance."
AkzoNobel saw solid growth in the commercial OEM and maintenance segments driven by the increasing production rates at Boeing and Airbus and some large re-branding programs. "The Business Aviation segment is beginning to rebound from the 2008 recession, and the defense segment is steady," said John Griffin, business director North America for Specialty Coatings, responsible for global strategy for Aerospace Coatings,
Pianoforte, Kerry
2680 words
1 May 2015
Coatings World
CTGS
24
ISSN: 1527-1129; Volume 20; Issue 5
English
Copyright 2015 Gale Group. All rights reserved.
The global aerospace coatings market is estimated to be $615 million, according to Chris G. Athansopoulos, director global sales, Aerospace Division, Hentzen Coatings Inc. This can be further broken down to $299 million for commercial and $216 for military. Asia-Pacific is largest in terms of volume and value. Next comes North America and Europe. The aerospace coatings market is estimated to grow five to eight percent per year in the next five years, he noted.
Coatings manufacturers Coatings World interviewed reported that the aerospace segment for coatings saw very solid increases in demand in 2014 and significant levels of activity in many areas.
"With the continued increase in production rates at key original equipment manufacturers (OEMs) of commercial aircraft and overall progress in airline activity, the aerospace coatings segment continued to progress in a positive manner in 2014," said Mark Cancilla, global platform director--aerospace coatings, PPG Aerospace. "Also, the profitability of the global airline industry, with recent cost cutting and lower fuel prices, adds further robustness to the current environment. While, in general, military spending has eased, it is still substantial enough to maintain positive overall performance."
AkzoNobel saw solid growth in the commercial OEM and maintenance segments driven by the increasing production rates at Boeing and Airbus and some large re-branding programs. "The Business Aviation segment is beginning to rebound from the 2008 recession, and the defense segment is steady," said John Griffin, business director North America for Specialty Coatings, responsible for global strategy for Aerospace Coatings,