Topic: Aerospace Coatings Market Report and Forecast 2020-2025
The Aerospace Coatings Market is projected to reach USD 2.0 billion by 2022 from USD 1.4 billion in 2017, at a CAGR 6.9% between 2017 and 2022. A coating is a covering that is applied to the surface of an object, usually referred to as a substrate. The purpose of applying the coating may be decorative, functional, or both. The aerospace coatings market is largely driven by increased demand for aerospace coatings from various end users, such as commercial aviation, military aviation, and general aviation.
The Industrial oils market is estimated to account for a value of USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 80.7 billion by 2025.