has recently been published by Stratview Research, which addresses the significant changes in the Stealth Coating Market. The study's purpose is to recognize recent market sizes for various segments and countries, as well as forecast values for the coming years. This research gives an analytical review of the market’s present trend and future estimates in order to find additional opportunities. The report is meant to provide both qualitative and quantitative aspects of the market in each of the areas and countries studied.
Stealth Coating Market is likely to witness an impressive CAGR of 6% during the forecast period. The prime factor that is contributing to the market growth is the huge demand for stealth technology in various applications such as fighter jets and bombers, tanks and helicopters. High concentration of iron particles in a polymer matrix make up stealth coatings. Epoxy, polyimide, PEEK, PPS, PES, isocyanate, and polyetherimide are thermoplastic polymers that have become ideal materials for stealth coatings. Aircraft and military weaponry both use stealth coatings. They're also used on a variety of other surfaces, including phone screens, computer and tablet screens, and automobiles, among others, which drive their market demand.
Profiling Key Companies –
Hyper Stealth Technologies Pvt. Ltd.
Stealth Coatings Inc.
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
Based on the resin type, the market is segmented into epoxy, polyurethane, polyimide, and others. Owing to their increasing uses in the aerospace and automotive industries, epoxy stealth coatings are expected to dominate the market during the forecast period. The growth of the segment is driven by its properties such as durability, strength, and chemical resistance.
Stealth Coating Market Share: By Application Type
Based on the application type, the market is segmented into aerospace & defense, computer & tablet screens, phone screens, cars, and others. The aerospace and defense sector dominated the industry as a whole in 2020, and is expected to maintain its dominance during the forecast period as well. Next-generation military assets, such as aircraft, weapon systems, submarines, ships, ground vehicles, and soldiers, rely heavily on stealth technology. Missiles, drones, planes, and other aircraft with stealth coatings are partially undetectable to radar. The overall stealth coating industry is estimated to rise due to increased aircraft demand and technical advancements.
Stealth Coating Market Share: By Region
In terms of regions, North America commanded the stealth coating market in 2020, and is expected to maintain its indomitable lead over the forecast period as well. The growth of the region is owing to the growing aircraft production, especially in the U.S., and increasing consumption of stealth coatings in luxurious cars. Furthermore, to protect their manned and unmanned aircraft from enemy radar, the U.S. military and its allies are increasingly becoming dependent on stealth technology, thus driving the growth of the market.
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Critical Questions Answered in the Report
- What are the key trends in the Stealth Coating Market?
- How the market (and its various sub-segments) has grown in the last five years and what growth trajectory will it follow in the next five years?
- On what scale has COVID-19 impacted the Stealth Coating Market?
- What are some key strategies adopted by the market leaders in the Stealth Coating Market?
- How much share of the Stealth Coating Market do the top players own?
About Us: -
Stratview Research is a global market intelligence and consulting organization that provides market research reports, customized reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.