Stealth Coating Market by Resin Type (Epoxy, Polyurethane, and Polyimide) and Application (Aerospace & Defense, and Automotive): Global Opportunity Analysis and Industry Forecast, 2020-2027
The global stealth coating market was valued at $249.0 million in 2019, and is projected to reach $375.0 million by 2027, growing at a CAGR of 5.3% from 2020 to 2027.
Stealth coating is a radar absorbing material used especially on the edges of metal surfaces of the aircrafts. It comprises depositing pyramid like colonies on the reflecting superficies with the gaps filled with ferrite-based radar absorbing material.
The global stealth coating market is driven by surge in demand for stealth coatings from aerospace & defense and automotive industry owing to its properties such as strength, durability, chemical resistance, and high heat deflection temperature. Due to these properties, it provides scratch and impact-resistant finish, and resistance to water and ultraviolet radiation. In addition, consumption of stealth coating has been increased in recent years, owing to growing focus of developed and developing countries toward the development of stealth technology to achieve the edge over enemy countries in war and conflict situations. This factor is expected to drive the growth of stealth coating during the forecast period.
However, high cost of stealth coating and decline in production of stealth aircrafts, ships, and drones amid lockdown declared by the government of various countries such as Russia, China, and Russia due to outbreak of COVID-19 pandemic is expected to restrain the growth of the stealth coating market. Furthermore, surge in investment by developing countries such as China and India in the development and production of stealth aircrafts, ships, and drones is likely to provide opportunities for the growth of the global stealth coating market.
The global stealth coating market size is segmented on the basis of resin type, application, and region. On the basis of resin type, it is divided into epoxy, polyurethane, and polyimide. By application, it is fragmented into aerospace & defense, and automotive. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major key players operating in the global stealth coating market include Intermat Defense, CFI Solutions, Hyper Stealth Technologies Pvt Ltd., Stealth Coatings Inc., Micromag, Veil Corporation, and Stealth Veils.
• The demand for stealth coating across the globe is expected to decline in production of fifth generation stealth fighter jets across the developed economies such as China, U.S., and Russia amid lockdown due to COVID-19 pandemic outbreak.
• In addition, nationwide lockdown and social distancing measures implemented by governments of various countries have led to shutting down of aircraft and automobile manufacturing units, owing to which the demand for stealth coating has been declined.
Key benefits for stakeholders • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• The report outlines the current trends and future scenario of the global stealth coating market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
• Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global stealth coating market study.
• The profiles of key players and with their key strategic developments are enlisted in the global stealth coating market report.
Key market segments • By Resin Type
• By Application
• Aerospace & Defense
• By Region
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o United Arab Emirates (UAE)
o Saudi Arabia
o South Africa
o Rest of LAMEA
Our reports have been used by over 10K customers, including:
The global industrial lasers market (henceforth referred to as the market studied) was valued at USD 17.29 billion in 2020, and it is expected to reach USD 27.58 billion by 2026, registering a CAGR of 7.26%, during the period of 2021-2026 (henceforth, referred to as the forecast period). The various technological advancements...
The global NVH testing market size is estimated to grow from USD 1.9 billion in 2021 to USD 2.5 billion by 2026, at a CAGR of 5.5%. The market has a promising growth potential due to growing adoption of NVH testing solutions especially in automotive & transportation and power & energy verticals along with aerospace & defense and industrial...
The laser cladding market is estimated to be valued at USD 483 million in 2021; it is expected to grow at a CAGR of 9.6% during 2021–2026 to reach USD 823 million by 2026. Over the years, new and more advanced variants of laser cladding technology have emerged, especially the extreme high-speed laser application (EHLA). EHLA is a novel technology...
The global waterjet cutting machine market exhibited moderate growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
The global piezoelectric devices market exhibited moderate growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
The Global Waterjet Cutting Machine Market size is expected to reach $1.5 billion by 2027, rising at a market growth of 6.1% CAGR during the forecast period. Waterjet cutting machines are generally used in the manufacturing sector for the purpose of cutting metal and other materials. The machines utilize water as a crucial element to cut thin...
The global isostatic pressing market size was valued at USD 7.3 billion in 2021 and is projected to reach USD 11.0 billion by 2026. It is expected to grow at a CAGR of 8.5% during the forecast period. Growing demand for materials with high intensity and low porosity in 3D printing, increasing focus on development of low-cost products and reducing...
The overall thermoelectric generator market is projected to grow from USD 406 million in 2021 to USD 635 million by 2026, at a CAGR of 9.4% from 2021 to 2026. North America is estimated to account for the largest share of the thermoelectric generator market from 2021 to 2026. Thermoelectric generators and thermoelectric materials that were...
The global Permanent magnet market is expected to grow from USD 34.4 billion in 2021 to USD 54.1 billion by 2026, at a CAGR of 9.5% during the forecast period. Increasing demand from the automotive industry and general industrial applications are driving the growth of the market. These permanent magnets are used in consumer electronics, general...
The global shape memory alloys market size is projected to grow from USD 11.0 billion in 2021 to USD 18.8 billion by 2026, at a CAGR of 11.2% from 2021 and 2026. The growth in the market is highly attributed to the increasing demand for SMAs in the manufacturing of biomedical devices & surgical instruments, aircraft components and automotive...
Aerospace And Defense
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.