Aerospace

The Market

About 1,500 companies with combined annual revenue of $125 billion make up the aerospace market. The industry is highly concentrated with the largest 20 customers accounting for nearly 90% of its total revenues. In addition to industry giants such as Boeing, Northrop Grumman, and Lockheed Martin, a large number of subcontractors are active industry participants and many of them represent attractive growth prospects for suppliers of industrial coating products. The Federal Government, primarily the Department of Defense, is by far the industry’s largest customer. Government contracts typically begin with an announced need and end with a bidding process. Once the contract is awarded, it remains conditional on the availability of Congressional financing.

Critical Coating Issues

The growing focus on developing green technologies has provided the aerospace industry with one of its toughest challenges. Currently, industry-generated emissions account for almost 5% of the total greenhouse gases in the world.

Key Benefits of Teflon™ Industrial Coatings

  • Low coefficient of friction
  • Insulative properties
  • Corrosion resistance
  • Thermal stability, both to heat and to cryogenic temperatures
  • Hydrophic properties

Typical Applications

  • Fuel filters
  • Engine components
  • Exhaust components
  • Solid rocket fuel core molds
  • Toilet bowls

Information Resources

Aerospace Industries Association
www.aia-aerospace.org
Industry news, links, events, press releases, government issues.

Assembly Magazine
www.assemblymag.com
Industry news, product news, links.

Related Market Research Codes

SIC Codes: 3724, 3728, 3721

Related NAICS Code: 33641