Global Stealth Coating Market Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Stealth Coating Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global stealth coating market assessing the market based on resin type, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/stealth-coating-market/requestsample

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2021): USD 276.1 million
• Forecast CAGR (2023-2028): 5.40%
• Forecast Market Size (2027): USD 378.2 Million

Due to increased application in numerous sectors such as automotive, aerospace, military, and electronic devices, demand for stealth coatings is predicted to grow at a high rate throughout the forecast period. However, the worldwide stealth coating industry is expected to be hampered by high product costs and a halt in aircraft manufacturing in several nations owing to the COVID-19 epidemic.

Industry Definition and Major Segments

Stealth coating is a protective layer applied to the outside of a vehicle to protect it from scratches, dents, and other damage. Stealth technology is used in the military and defence sector to render vehicles practically undetectable to any sort of electronic detection by absorbing radar transmissions and reducing reflections to the enemy’s radar receiver.

The market is segmented based on resin type into:

• Epoxy
• Polyurethane
• Polyimide

Based on application, the market is divided into:

• Aerospace and Defence
• Automotive

On the Basis of region, the market can be divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

Market Trends

Due to its expanding applications in the aerospace, military and automotive industries, the epoxy stealth coating segment accounted for most of the stealth coating market share. Durability, strength, and chemical resistance are all advantages of these coatings. It also has a far higher heat deflection temperature than other stealth coatings and gives a scratch and impact-resistant surface.

North America held a significant market share and is expected to continue to do so. The substantial presence of major aircraft manufacturers in the United States focused on innovative technology is a major contributor to the growth. The expansion of the stealth coating market segment in the United States will be aided by rising defence and research expenditure by the government.

Key Market Players

The major players in the market are INTERMAT Group SA, Hyper Stealth Technologies Pvt. Ltd., Veil Corporation, CFI Solutions, and Micromag, among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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