Australia-based Permagard Aviation has secured a partner in the fast-growing Asian aviation market through a partnership with aviation consultancy and services company RISE Aerospace.
Under a Memorandum of Understand (MoU) signed at the Singapore Airshow, RISE Aerospace will offer Permagard Aviation’s antimicrobial shield for aircraft interiors and protective exterior coating for aircraft exteriors.
The two parties said in a joint statement they also planned to develop an integrated pest management programme to eradicate and control infestations on aircraft.
The aerospace antimicrobial coating market was worth US$22.4M (AUS$28.5M) in 2017, according to figures from ASDReports released in January 2018.
It is expected to expand to US$31.2M (AUS$39.7M) by 2022, representing a compound annual growth rate of 6.9%.
“This growth can be attributed to the increase in safety concerns against contagious diseases from harmful microorganisms and rise in aircraft deliveries,” ASDReports said.
In particular, the Asia Pacific region was expected to experience the highest growth rates for the aerospace antimicrobial coating market.
“Factors such as air passenger traffic in emerging countries, such as India and China and improving economic conditions in Asia Pacific are expected to drive the growth of the aerospace antimicrobial coating market,” ASDReports said.
The aftermarket segment is also forecast to do well, as aircraft have their antimicrobial coatings redone more frequently as the increase in passenger traffic leads to the aircraft interior coatings getting stained, scratched, or washed away when in use.
In this part of the world, Permagard has applied its protective coating, which filters out ultra violet light and protects aircraft paint from oxidising and fading, on about 120 Virgin Australia aircraft.
The coating also helps reduce cleaning time and cuts down the number of times an aircraft needs to be washed.
The company also works on airlines such as Qantas, Jetstar, Regional Express and QantasLink, as well as Air New Zealand and its subsidiaries.
Caption: RISE Aerospace Chief Executive Rauff Kareem and Permagard Group of Companies Director Chris Plastow (Permagard)