Global High Performance Ceramic Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global high performance ceramic coatings market in its upcoming report titled, “Global High Performance Ceramic Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global high performance ceramic coatings 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 2026. 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 high performance ceramic coatings market report has been segmented on the basis of technology, end-use verticals, and region.
High performance ceramic coatings is a group of materials having diverse structures and properties. These coating materials are employed for corrosion resistance, high temperature resistance, and wear resistance applications. Adoption of these high performance ceramic coatings as a thermal barrier coating is increasing in automotive applications. High performance ceramic coatings insulation shorten ignition delay period, decrease fuel consumption, and reduce heat loss. Majorly used high performance ceramic coatings materials include yttria-stabilized zirconia, zirconates, alumina, and mullite. Ongoing research and development activities toward improving efficiency of gas turbine engines for aviation applications exhibit a demand for high performance materials that can resist high combustion temperatures. These high performance ceramic coatings are employed in aircraft engines majorly which increases fuel economy and efficiency and reduce emissions.
Rising demand for superior thermal protection materials for manufacturing of better automotive and aerospace industries components is a major factor expected to drive growth of the high performance ceramic coatings market in the near future. Common engine components and combustion chambers are coated with high performance ceramic coatings to sustain high temperature conditions. Increasing demand for advanced coatings materials in electronics industry, especially for production of LCD panels and silicon wafers is an additional factor expected to drive the target market globally. Initiation and developments on nanoceramics materials are additionally regarded as a key factor expected to drive the global high-performance ceramic coatings market over the forecast period.
However, high cost associated with high-performance ceramic coatings materials, high cost of ownership and technology issues, and lack of skilled labor are expected to hamper high performance ceramic coatings market growth in the next ten years.
North America high performance ceramic coatings market is expected to account for significant share in terms of revenue in 2017, and is anticipated to maintain its dominance over the forecast period, owing to growing demand for high performance ceramic coatings from various automotive and aviation sectors in the countries in this region. Asia Pacific high performance ceramic coatings market is projected to record highest growth in terms of revenue in the next five years.
Global High Performance Ceramic Coatings Market Segmentation:
Segmentation by technology:
- Thermal spray coatings
- Physical Vapor Deposition (PVD)
- Chemical Vapor Deposition (CVD)
- Sol-gel Processing
Segmentation by end-use verticals:
- Chemical equipment
- Medical & healthcare
- Others (electronics and power generation)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- APS Materials
- Bodycote PLC
- PPG Industries, Inc.
- Swain Tech Coatings Inc.
- A&A Thermal Spray Coatings
- Ceramic Polymer GmbH
- Praxair S.T. Technology, Inc.
- Oerlikon Surface Solutions AG
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