Aircraft Paints Market Size (2024 - 2029)

Aircraft Paints Market Analysis

The Aircraft Paints Market size is estimated at USD 1.35 billion in 2024, and is expected to reach USD 1.51 billion by 2029, growing at a CAGR of 2.27% during the forecast period (2024-2029).

The growth of the aviation market, fuelled by increasing deliveries of commercial and military aircraft, is expected to drive the growth of the aircraft paints market during the forecast period. The need to refurbish the old aircraft that are in service is also generating revenues for the aircraft paints market.

Additionally, the development of new eco-friendly aircraft painting and coating products that can reduce weight and increase fuel efficiency is expected to impact the market's growth. In April 2023, AkzoNobel developed the Aerofleet Coatings Management system, which uses data gathered over several years to ensure that aircraft are only repainted when needed, not according to a fixed schedule alone.

Aircraft paints must adhere to rigorous quality criteria to guarantee longevity, resistance to corrosion, and visual attractiveness. Upholding and attaining these criteria frequently necessitates the utilization of cutting-edge materials and technologies, thereby augmenting the total expense of the coating. Small-scale manufacturers or operators face challenges acquiring these high-quality materials and procedures while staying within budget constraints.

Aircraft Paints Industry Segmentation

An aircraft must be able to survive extreme weather, flex bends, and chemicals, among other things. As a result, aircraft paint is a specific sort of paint that is used to paint commercial aircraft, whether new or old. Epoxy and enamel paints are the most common types of paint used for these applications. These coatings are frequently costly, but they are believed to be extremely durable because aircraft operate in harsh environments.

Since aviation paint, unlike other paints used in autos and buildings, fades over time, airlines like their planes painted to match their designs and colors. As per the scope of the study, the market report covers coatings, primers, and paints for the interior and exterior parts of the aircraft. The market study will also include paints and coatings for parts and components like engines, fuel tanks, and titanium parts.

The aircraft paint market is segmented by type, end-user, application, and geography. By type, the market is segmented into liquid coating and powder coating. By end-user, the market is segmented into commercial, military, and general aviation. By application, the market is divided into exterior and interior. The report also covers the market sizes and forecasts for the aircraft paint market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).