This report covers the ceramic coatings market by key regions along with their major countries. It also provides a detailed segmentation of the ceramic coatings market on the basis of product type, technology, and application along with projections till 2020.
907MTAMount Coventry University Bachelor's Diploma in Engineering
The ceramic coatings market would grow significantly in next five years
1. The Ceramic Coatings Market would grow
significantly in next five years
The global ceramic coatings market is expected to grow at a CAGR of 7.50%
from 2015 to 2020 to reach a value of $10.12 Billion. The transportation &
automotive industry is one of the major factors responsible for this growth.
A large number of new product launches, and expansions in the last five
years point towards the strong growth of this market in the near future.
Ceramic coatings can be used in various industries. It can be derived by
devising various technologies such as thermal spray, physical vapour
deposition (PVD), chemical vapour deposition (CVD), and others. Other
techniques involves dipping, sol gel, micro-oxidation, packed diffusion,
ionic beam surface treatment, and laser assisted techniques.
PDF Downlaod - http://tinyurl.com/opw9kpz
the global ceramic coatings market and aims to estimate the global market
of ceramic coatings for 2015 and to project the expected demand of the
same by 2020
“Asia-Pacific is the key market for ceramic coatings.”
Asia-Pacific dominated the ceramic coatings market in 2014 and accounted
for over 40% of the market by value. The market for China was the biggest
in Asia-Pacific in 2014 and is projected to grow at a CAGR of 8.48 in terms
of consumption between 2015 and 2020. On the other hand, the rest of the
world which includes the Middle East, Africa and, Latin and South
America, is expected to witness the highest growth rate by 2020. The major
2. applications of ceramic coatings are in the transportation & automotive,
energy, aerospace & defense, industrial tools, healthcare sectors.
“Ceramic Coatings Necessary for Automotive Components,”
Ceramic Coating First used at the time of World War I, ceramic coatings
were developed for the protection of low-carbon steel for high temperature
applications ,
With high usability of these coatings for the automotive, aircraft, and
semiconductor industries, the high-performance ceramic coatings industry
has excellent growth prospects in the years to come. In automotive, vanes,
engine components, turbine blades, and other vehicle equipment are the
components, wherein ceramic coating is usedfor excellent thermal as well
as protection against corrosion and wear and tear.
In automotive, if usedas an exhaust coating it helps to reduce the under
bonnet temperatures, increase the performance of the engine, help resolve
engine packaging problems, and enhance engine compartment safety. As
prescribed by statutory mandates, ThermoHold®, which is the proprietary
formulation, the ceramic coatings based on this can only be applied by
Zircotec. The undergoing advancement includes a series of patent
applications to protect Zircotec’s technology.
“Oxide Coatings is the largest segment by type, and thermal spray dominates
as the key technology in the ceramic coatings market.”
Thermal spray held the largest market share by value for the ceramic
coatings in 2014 and accounted for 66.59% share by value. The highest
growth rate till 2020 in the ceramic coatings market is projected to come
from the others segment which includes coatings like diamond like carbon
3. coatings, anti-microbial coatings, phosphate coatings and so on. These are
used in different industrial applications which are projected to continue to
expand in the coming years. Oxide coatings dominate the ceramic coating
market by type in terms of value and consumption.
Competitive scenarios of the key players in the ceramic coatings market
have been discussed in detail. Leading players of this market, including APS
Materials Inc., Bodycote PLC, Praxair Surface Technologies Inc., Kurt J.
LeskerCo., with their recent developments and other strategic activities are
also profiled in the report.