The aerospace antimicrobial coating market is led by PPG (US), AkzoNobel (Netherlands), and Sherwin Williams (US), etc. These companies are expected to continue their dominance till 2022.
Expansions and acquisitions are the key strategies adopted by the leading players to develop and sustain their position in the aerospace antimicrobial coating market. Other strategies, such as mergers, supply contracts, and new product development were also adopted by several market players to expand their geographic presence.
Top three players of the aerospace antimicrobial coating market
PPG Industries (US) is the largest player in the global aerospace antimicrobial coating market. The company has a wide range of aerospace coatings products, paints, optical products, and specialty materials. PPG carries out extensive research to develop leading-edge technologies to achieve the quality standards to meet specific customer’s requirements. PPG is focused towards developing innovative and qualitative products, consistently delivering high-quality, innovative, and sustainable solutions to the clients in the aerospace industry. The company focuses on strategic acquisitions to expand its business into new areas of aerospace industry. In 2016, PPG opened its new research center, the PG Coatings Research Center, in Marly, France. This is PPG’s second significant investment for AEROCRON e-coat primer installation in the aviation industry
AkzoNobel (Netherlands) is the second-largest player in the aerospace antimicrobial coating market. The company offers a wide product range for ships, cars, aircraft, yachts, architectural components (structural steel, building products, and flooring), consumer goods (mobile devices, appliances, beverage cans, furniture), and oil and gas facilities. The company’s key strategies include expansions and acquisitions intended to support its coating business. The company is also strategically expanding its business activities geographically to serve increased number of clients and benefit from opportunities and reduce the risk of instability. The expansion strategy is also expected to improve the product range of aerospace coatings. In 2017, AkzoNobel Aerospace Coatings expanded its distribution network by partnering with HiscoMex, a distributor in Mexico.
Sherwin-Williams (US) is the third-largest player in the aerospace antimicrobial coating market. The company has a wide range of coatings and primer products. The company is highly focused towards developing performance efficient products with high durability and reliability. The company is focusing on placing its well-known branded product lines into independent retail outlets throughout the US and Canada with the intention of geographically expanding its customer base.
Companies such as BASF (Germany), Mankiewicz (Germany), Henkel (Germany), Hentzen (U.S.), MAPAERO (France), Permagard (France), Dunmore (US), Hexion (US), and Polymer Technologies (US), among others, have made significant contribution to the overall aerospace antimicrobial coating market. These companies are expected to witness significant growth in the coming years, owing to the strategies of long-term contracts and new product launches adopted by them in the recent years.
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 - Global Forecast to 2022
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