According to the latest report by IMARC Group, titled “Stealth Coating Market Report: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global stealth coating market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global stealth coating market reached a value of US$ 275.3 Million in 2021. Looking forward, IMARC Group expects the market is anticipated to reach a value of US$ 376.2 Million by 2027, growing at a CAGR of 5.37% during 2022-2027.
Stealth Coating Market Overview :
In the defence industry, stealth coating refers to the specific chemical substance used to reduce the visibility of vehicles and missiles to radar, infrared (IR), and other detection techniques. It is made up of a wide range of nano-ultrafine particles with a potent capacity for electromagnetic wave absorption, which can reduce the strength of reflected signals. Additionally, tactical unmanned aerial systems (UAS) can be coated with stealth material over the exterior surface of high radar reflecting areas.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Stealth Coating Market Trends and Drivers:
The escalating geopolitical conflicts among various countries are primarily driving the stealth coating market. Additionally, the widespread product adoption in the automotive sector for protecting vehicles against scratches, road debris, malicious damages, etc., owing to its efficient resistance against water and ultraviolet (UV) rays, is further catalyzing the market growth.
Besides this, the growing utilization of stealth coating on the surface of nanoparticles (NPs) to improve the blood circulation system, on account of its molecular weight, surface chain density, conformations of polymer chains, etc., is acting as another significant growth-inducing factor.
Moreover, the development of advanced technologies, such as stealth coating for manufacturing fighter aircraft, bombers, missiles, tanks, helicopters, etc., is also positively influencing the global market. Apart from this, the introduction of anti-reflective variants that contain tiny hollow spheres of carbonized sugar is anticipated to fuel the stealth coating market over the forecasted period.
|Stealth Coating Market Report Scope|
|Market size value in 2021||US$ 275.3 Million|
|Market forecast in 2027||US$ 376.2 Million|
|Growth Rate||CAGR of 5.37% from 2022 to 2027|
|Base year for estimation||2021|
Global Stealth Coating Market 2022–2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
CFI Custom Military Solutions, Intermat Group SA, Micromag, MWT Materials Inc., Stealth Coatings, Surrey NanoSystems and Veil Corporation.
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The report has segmented the market on the basis of region resin type and application.
Breakup by Type:
- Physical Security
Breakup by Resin Type:
Market Breakup by Application:
- Aerospace and Defense
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.