Stealth Coating Market Report

Market Insights

The Stealth Coating Market was estimated at USD 50.29 million in 2022 and is likely to grow at a CAGR of 6.40% during 2023-2028 to reach USD 73.25 million in 2028.

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What is Stealth Coating?

Stealth coating consists of a high concentration of iron powder in a polymer matrix. High concentration of iron particles in a polymer matrix make up stealth coatings. Epoxy, polyimide, PEEK, PPS, PES, isocyanate, and polyetherimide are thermoplastic polymers that have become ideal materials for stealth coatings. Aircraft and military weaponry both use stealth coatings. They're also used on a variety of other surfaces, including phone screens, computer and tablet screens, and automobiles, among others.

Market Dynamics

The prime factor that is contributing to the market growth is the huge demand for stealth technology in various applications such as fighter jets and bombers, tanks and helicopters. High concentration of iron particles in a polymer matrix make up stealth coatings. Epoxy, polyimide, PEEK, PPS, PES, isocyanate, and polyetherimide are thermoplastic polymers that have become ideal materials for stealth coatings. Aircraft and military weaponry both use stealth coatings. They're also used on a variety of other surfaces, including phone screens, computer and tablet screens, and automobiles, among others, which drive their market demand.

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Segment Analysis

By Resin Type

The market is segmented into epoxy, polyurethane, polyimide, and others. Owing to their increasing uses in the aerospace and automotive industries, epoxy stealth coatings are expected to dominate the market during the forecast period. The growth of the segment is driven by its properties such as durability, strength, and chemical resistance.

By Application Type

The market is segmented into aerospace & defense, computer & tablet screens, phone screens, cars, and others.  The aerospace and defense sector dominated the industry as a whole in 2022, and is expected to maintain its dominance during the forecast period as well. Next-generation military assets, such as aircraft, weapon systems, submarines, ships, ground vehicles, and soldiers, rely heavily on stealth technology. Missiles, drones, planes, and other aircraft with stealth coatings are partially undetectable to radar. The overall stealth coating industry is estimated to rise due to increased aircraft demand and technical advancements.

Regional Analysis

North America commanded the stealth coating market in 2022, and is expected to maintain its indomitable lead over the forecast period as well. The growth of the region is owing to the growing aircraft production, especially in the U.S., and increasing consumption of stealth coatings in luxurious cars. Furthermore, to protect their manned and unmanned aircraft from enemy radar, the U.S. military and its allies are increasingly becoming dependent on stealth technology, thus driving the growth of the market.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The stealth coating market is segmented into the following categories:

By resin type:

• Epoxy
• Polyurethane
• Polyimide
• Others

By application type:

• Aerospace & Defense
• Computer & Tablet Screens
• Phone Screens
• Cars
• Others

By region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the stealth coating market are-

• Intermat Defense
• CFI Solutions
• Hyper Stealth Technologies Pvt. Ltd.
• Stealth Coatings Inc.
• Micromag
• Veil Corporation
• Stealth Veils

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the resin types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com