Market Size of Aircraft Paints Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.35 Billion |
| Market Size (2029) | USD 1.51 Billion |
| CAGR (2024 - 2029) | 2.27 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aircraft Paint 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 growth of the market. In April 2023, AkzoNobel developed the Aerofleet Coatings Management system, which uses data gathered over several years. It is to ensure that aircraft are only repainted when needed, not according to a fixed schedule alone.
