Ceramic Coatings Market Applications, Trends & Forecast 2017 – 2024

Thermal Spray Ceramic Coating Market size may witness steady gains over the foreseeable period. It is widely used technology due to its high density and can be used in every material compositions. Global thermal spray coatings market size is poised to exceed USD 11.5 billion by 202 4, with gains at over 6.5%.

Ceramic Coating Market size is likely to witness significant gains due to its strong application outlook in transportation, aerospace & defence, energy, and healthcare industries. It has wide application scope in steel sector which includes refractory bricks, pumps, chimneys and bearings on account of its abrasion and anti-corrosion properties.

Ceramic coating is an inorganic material which is processed and used in a high temperature. This type of product is normally based on silica, titania, silicon carbide, alumina, alumina-magnesia, hafnia and silicon nitride compositions. Additionally, it provides excellent heat resistance, anti-corrosion and weathering efficiency which may promulgate ceramic coating market size.

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Physical vapor deposition (PVD) technology may show a significant market share due to its cheaper cost and thermal efficiency. It is preferably used in automotive and aerospace industries owing to it less resistance capability in high temperature & surface pressure and low spraying velocity, which may further stimulate ceramic coating market growth. Global physical vapor deposition market size may surpass USD 35 billion in sales by 2024, with gains at over 8%. Technological advancement has led to rise in microelectronics demand, thereby driving the industry growth.

Oxide based ceramic coating market size may witness favourable gains owing to its strong application outlook in steel sector where it can be applied on chimneys, refractory bricks, pumps, bearings and guide bars. Furthermore, it is used on anodes and cathodes solid oxide fuel cells, biomedical implants, hydraulic cylinders, and calender rollers.

Ceramic coating market size from automotive & transportation applications may witness significant gains over the forecast timeframe. It protects vehicles interior and exterior from damage and extend cars life. Ceramic coating layer protects vehicle’s paint from UV rays, thereby reducing oxidization. China has a strong automobile production base and is likely to remain the leading manufacturer in the near future. In 2016, China’s automobile industry was over 24 million units passenger vehicles sales and over 3.5 million units commercial vehicle sales.

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Positive application scope in aerospace & defence industry should drive ceramic coating market size. Increasing demand for oxide and carbide coats which are exclusively used in rocket exhaust cones and insulating tiles, for engine components, space shuttles and embedded into windshield glass of airplanes should stimulate industry growth.

Asia Pacific led by Japan, India, South Korea and China ceramic coating market size, may witness surge in demand over the forecast timeframe. Increasing application outlook in aerospace and automotive industries should drive regional growth. Rapid industrialization accompanied with development of public infrastructure and better road connectivity has improved commercial road transport facilities in India, Indonesia, Thailand and China. Favorable government initiatives and investments in commercial road facilities along with shift in focus of vehicle manufacturers on enhancing the appearance of the vehicle to maintain competitive edge in market should ceramic coating demand in the region.

North America, led by Canada and the U.S. ceramic coating market size may witness an uptrend owing to increasing application scope in automobile, and aerospace & defence industries.

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Regionally, Global Market Insights, Inc.’s Ceramic Coating market research has the most in-depth, country focused estimates and forecasts for decision makers across the globe. An exhaustive list of company profiles for organizations active in the Ceramic Coating market supports the regional analysis and information offering a competitive outlook on the industry. For each segment analyzed in this research, whether it is by product, application, material or end-use, a regional overview with historical data and Ceramic Coating market forecast is provided to the reader. Such a cross-segmentation research analysis is also unique to reports by Global Market Insights, Inc.

Global ceramic coating market share is highly competitive and moderately consolidated. Major players operating in the industry include APS Materials, Praxair Surface Technologies, Bodycote PLC, and Keronite Group. Companies are focusing on R&D spending towards eco-friendly technology to expand business and create avenues in the ceramic coating industry.

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