India Aerospace & Defense Chemical Surface Treatment Market Overview:
India Aerospace & Defense Chemical Surface Treatment Market size and share is currently valued at USD 101.28 million in 2023 and is anticipated to generate an estimated revenue of USD 173.28 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Key Market Drivers:
- Boost in Defense Investments: Government initiatives like Make in India encourage domestic manufacturing and maintenance, repair, and overhaul (MRO) activities.
- Stringent Regulations: Need for eco-friendly surface treatments aligns with global standards in aerospace and defense industries.
- Material Optimization: Increasing demand for corrosion-resistant and lightweight materials to enhance durability and performance.
- Technological Upgrades: Advancements in chemical treatments for composite materials and metallic structures drive market expansion.
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Key Companies in India Aerospace & Defense Chemical Surface Treatment Market:
- Atotech
- BASF SE
- ChemTech Surface Finishing Pvt. Ltd.
- Dow Inc.,
- Henkel AG & Co. KgaA
- Nihon Parkerizing Co Ltd.
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- Quaker Chemical Corporation
- The Sherwin-Williams Company
India Aerospace & Defense Chemical Surface Treatment Scope
The research scope for India’s aerospace and defense chemical surface treatment market focuses on various treatment types, including anodizing, passivation, plating, and chemical conversion coatings. It explores applications in defense equipment, aircraft components, and spacecraft materials. The scope examines government initiatives, technological advancements, eco-friendly treatment solutions, and the rising adoption of lightweight, corrosion-resistant materials to meet international standards and bolster domestic manufacturing capabilities.
India Aerospace & Defense Chemical Surface Treatment Market Segmentation:
The market segmentation for aerospace and defense chemical surface treatment in India covers type, application, and end-use sector. Treatment types include anodizing, electroplating, chemical conversion, and passivation. Applications are categorized into aircraft parts, defense equipment, and spacecraft components. End-use sectors focus on aerospace manufacturing, MRO services, and defense production. Regional segmentation highlights industrial clusters and emerging hubs supported by government initiatives like “Make in India.” This segmentation provides a clear picture of evolving demands and technological advancements in surface treatment solutions.
India Aerospace & Defense Chemical Surface Treatment Market, Type Outlook (Revenue – USD Million, 2019-2032)
- Cleaners
- Plating Chemicals
- Conversion Coatings
- Others
India Aerospace & Defense Chemical Surface Treatment Market, Material Outlook (Revenue – USD Million, 2019-2032)
- Metal
- Plastics/Polymer
- Others
India Aerospace & Defense Chemical Surface Treatment Industry Developments:
In May 2023, PPG announced the formation of a joint venture with Entrotech, named PPG Advanced Surface Technologies. This collaboration aims to deliver innovative paint and clear film solutions tailored for automotive and industrial applications, enhancing performance and durability.
The India Aerospace & Defense Chemical Surface Treatment market report offers an in-depth analysis of market dynamics, including trends, sizes, patterns, and growth factors. It highlights critical developments and emerging trends to help stakeholders refine their strategies and strengthen market positioning. The report concludes with a detailed summary of key findings and the research methodologies employed. This comprehensive analysis serves as a valuable resource for businesses, investors, and stakeholders, enabling them to make informed decisions and drive sustainable growth.