India Aerospace & Defense Chemical Surface Treatment Market Size Worth USD 173.28 Million by 2032 | CAGR: 6.3%

India Aerospace & Defense Chemical Surface Treatment Market Size Worth USD 173.28 Million by 2032 | CAGR: 6.3%


India Aerospace & Defense Chemical Surface Treatment Market size is expected to reach USD 173.28 Million by 2032, according to a new study by Polaris Market Research. The report “India Aerospace & Defense Chemical Surface Treatment Market Share, Size, Trends, Industry Analysis Report, By Type (Cleaners, Plating Chemicals, Conversion Coatings, Others); By Material; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The aerospace and defense chemical surface treatment market in India is witnessing a surge in demand for coatings that provide additional functionalities beyond corrosion resistance. These functionalities include anti-icing properties, enhanced adhesion, and improved paint adhesion, all of which contribute to the overall performance and reliability of the treated surfaces. This shift towards multifunctional surface treatments underscores the industry's commitment to adopting advanced technologies for superior outcomes.

Increasing demand for India aerospace & defense chemical surface treatment market is the rapid expansion of the aerospace sector in India. With a burgeoning middle class and a growing economy, there has been a noticeable increase in air travel, leading to a surge in demand for new aircraft and related components. As a result, the aerospace and defense chemical surface treatment is the major sector to consider, as it plays a crucial role in enhancing the durability, performance, and longevity of aerospace materials.

In addition to the growth in air travel, the geopolitical landscape has also contributed significantly to the uptick in demand for aerospace and defense chemical surface treatment in India. The country's strategic location and its increasing focus on defense modernization have led to heightened investments in military aircraft and defense equipment. These investments necessitate advanced surface treatment solutions to ensure the resilience and effectiveness of the materials used in these applications. Consequently, the aerospace and defense chemical surface treatment market is experiencing a surge in demand, driven by the evolving security dynamics in the region.

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The global aerospace industry's increasing emphasis on environmental sustainability has spurred innovation in materials and manufacturing processes. Aerospace and defense chemical surface treatment plays a pivotal role in meeting stringent environmental standards by offering solutions that reduce the environmental impact of aerospace operations. As a result, aerospace manufacturers in India are increasingly adopting advanced surface treatment technologies to align with global environmental regulations and enhance the eco-friendliness of their products. Moreover, the collaborative efforts between Indian aerospace companies and international players have opened new avenues for growth in the aerospace and defense chemical surface treatment market. Joint ventures and technology transfers have facilitated the infusion of advanced surface treatment methodologies into the Indian aerospace industry, boosting its competitiveness on the global stage.

India Aerospace & Defense Chemical Surface Treatment Market Report Highlights

  • In 2023, the cleaners segment has emerged as the dominant segment in the Indian market. Cleaners are crucial for surface treatment of aerospace parts to ensure the quality, reliability, and performance of components. This is because they play a vital role in removing contaminants and ensuring the parts are free from any impurities that could affect their functionality.
  • The metals segment is anticipated to experience a significant growth rate in the coming years because the aerospace industry relies heavily on metals. In this industry, chemical surface treatment is a vital process that helps to extend the lifespan of metals, ensuring their durability and longevity.
  • The India key market players include 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, and among others.

Polaris Market Research has segmented the India Aerospace & Defense Chemical Surface Treatment market report based on type and material:

India Aerospace & Defense Chemical Surface Treatment, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Cleaners
  • Plating Chemicals
  • Conversion Coatings
  • Others

India Aerospace & Defense Chemical Surface Treatment, Material Outlook (Revenue - USD Million, 2019 - 2032)

  • Metal
  • Plastics/Polymer
  • Others

India Aerospace & Defense Chemical Surface Treatment Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 106.61 million

Revenue Forecast in 2032

USD 173.28 million

CAGR

6.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments Covered

By Type, By Material

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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