Global Ceramic Coating Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global ceramic coating market in its upcoming report titled, “Global Ceramic Coating Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global ceramic coating market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ceramic coating market report has been segmented on the basis of type, technology, application, and region.

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Ceramic coating is an inorganic material used and processed at high temperatures. These coatings are normally of silica, alumina, alumina-magnesia, silicon nitride, silicon carbide, and other compositions. Ceramic coating products are used in various industries such as oil and gas exploration, automotive, aerospace & defense, chemical, steel, plastics, textile, and others. It is applied by formulating different technologies such as thermal spray chemical vapor deposition (CVD), physical vapor deposition (PVD), sol gel, dipping, micro-oxidation, ionic beam surface treatment, laser assisted, and packed diffusion techniques. Ceramic coating reduces static buildup and ensures quality control in various electronics applications.

Automotive and aerospace & defense industries are major end-use industries responsible for growth of the global ceramic coating market. increasing number of expansions and new product development are expected to result in strong growth of the global ceramic coating market in next ten years. Key factor projected to drive growth of the global ceramic coating market is increasing usage of coatings in automotive industry, owing to augmented demand for effective coating products in the market. In addition, ceramic coating market growth is expected to be driven by rising demand for high performance thermal protective materials for manufacturing superior automotive and aerospace industries components. Combustion chamber and engine components are coated with high-performance ceramic coatings in order to tolerate high temperatures conditions.

In addition, ceramic coating is majorly used in defense equipment manufacturing process, owing to its characteristics of providing electrical and thermal resistance with protection and strength from dust, corrosion, moisture, and water, which is projected to drive growth of the global ceramic coating market in next eight years. However, high manufacturing costs is a major factor anticipated to restraint growth of the global ceramic coating market.

Asia Pacific market is projected to account for significant share in terms of revenue in the global ceramic coating market, owing to its increasing application of industrial components and automotive industries. Adoption rate of ceramic coating is estimated to grow at highest rate in Asia Pacific market. Demand for ceramic coating is projected to upsurge from developing economics such as India and China in next five years.

Global Ceramic Coating Market Segmentation:

Segmentation by type:

• Oxide coatings
• Carbide coatings
• Nitride coatings
• Others (carbon coatings, anti-microbial coatings, and phosphate coatings)

Segmentation by technology:

• Thermal spray
• Chemical vapor deposition (CVD)
• Physical vapor deposition (PVD)

Segmentation by application:

• Automotive
• Energy
• Aerospace & Defense
• Industrial goods
• Others (healthcare, oil & gas, and chemical)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa