Report Predicts Aerospace Coatings Market to Exceed $1 Billion by 2024
OCEAN VIEW, DE — According to a new study published by Global Market Insights Inc., the aerospace coatings market is estimated to surpass $1 billion by 2024.
The report predicts that the global aerospace coatings market size will reach16 kilotons by 2024. The use of these coatings in various aircrafts in military, space and commercial uses will primarily drive the industry over the forecast timeframe. Increasing air passenger traffic across the globe has led to increased deliveries of aircrafts, further influencing industry demand.