The aerospace coatings market is driven by rising commercial aircraft production, expanding MRO (Maintenance, Repair and Overhaul) operations for aging fleets and the demand for fuel-efficient, lightweight materials.
Coating producers in the Asia Pacific region are going through a highly challenging environment characterized by rising raw material costs, supply chain disruptions and uncertain short and medium-term demand.
The EU-Mercosur trade agreement was ratified on Jan. 9, 2026, approving a free trade agreement with Latin America’s Mercosur region, including Brazil, Argentina, Paraguay and Uruguay.
The raw material accounts for 80% of the feedstock Crown Paints’ uses in production of its products, including decorative, automotive, industrial and road marking paints.