Camouflage Coating Market Size, Trends, Applications, and Industry Strategies. prnewswire.com
In 2022, the camouflage coating market was valued at USD 207.3 million, which is projected to experience a CAGR of 13.10% to reach USD 549.4 million by 2030, as per the recent report published by P&S Intelligence. This can be credited to the amplifying need for cutting-edge camouflage in the defense sector.
In 2022, the topcoat category dominated the market with 45.6% of the revenue, and it will witness a 13.62% CAGR, to stay the largest over the forecast period. This growth can be credited to the functional application of topcoats, which not only offer protection but also decrease heat emissions from airplanes and other equipment, hence offering thermal camouflage.
On the basis of delivery method, the industry is divided into the power and liquid categories, of which the liquid category held the larger revenue share in recent years. This category is also projected to continue at the leading spot in the future, as liquid coatings offer a better, thin, and uniform finish.
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