Exploring key markets

摘要

For the August issue of Coatings World, we explore two markets: Aerospace Coatings and High Performance Pigments. Exploring the current state of the aerospace coatings market we talked to the leading manufacturers in a highly consolidated market including AkzoNobel, Deft and Sherwin-Williams. The market was valued at roughly $140 million in 2008, according to Chemark Consulting, and is dominated by the commercial aircraft segment, which accounted for 73.5 percent of the market. The military and general aviation segments accounted for 22.5 percent and five percent respectively. Continued economic pressure in the airline industry continues to depress demand for both original equipment (OE) and maintenance coatings in both the commercial and general aviation segments. The military segment on the other hand is expanding at a higher growth rate due to increases in defense spending.