Aerospace coatings market is expected to witness growth on account of increased preference towards preventive maintenance instead of breakdown maintenance among OEM in aerospace industry.
Aerospace coatings possess superior properties such as corrosion, ultra violet, abrasion and heat resistance making it suitable for use in airplane parts thus augmenting demand.
Emergence of eco-friendly powder coatings is expected to augment market growth in the near future.
Aviation industry growth in India, China and Russia is expected to have a positive impact on aerospace coatings market over the forecast period. Chinese and Indian governments have framed favorable FDI policies in order to promote domestic aerospace industry.
U.S. government’s National Space Policy with a view to increase investments in aviation sector is expected to positively impact market growth for aerospace coatings. Increased defense expenditure on account of border disputes and political instability by countries such as Russia, Israel and China is expected to open new avenues in the near future.
24/02/15 WhatTech
Aerospace coatings possess superior properties such as corrosion, ultra violet, abrasion and heat resistance making it suitable for use in airplane parts thus augmenting demand.
Emergence of eco-friendly powder coatings is expected to augment market growth in the near future.
Aviation industry growth in India, China and Russia is expected to have a positive impact on aerospace coatings market over the forecast period. Chinese and Indian governments have framed favorable FDI policies in order to promote domestic aerospace industry.
U.S. government’s National Space Policy with a view to increase investments in aviation sector is expected to positively impact market growth for aerospace coatings. Increased defense expenditure on account of border disputes and political instability by countries such as Russia, Israel and China is expected to open new avenues in the near future.
24/02/15 WhatTech
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