Ceramic Coating Market Growth, Industry Analysis & Regional Market Share By 2024

1. Ceramic Coating Market: Challenges, Perspectives, and Opportunities By 2017 – 2024 Ceramic Coating Market Size, Industry Analysis Report, Regional Outlook U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

2. Global Market Scenario of Ceramic Coating • 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. • 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 2024, with gains at over 6.5%.

3. Market Research Reports: Key Analytical Components

4. Product Analysis:- • 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. • Regional Trends:- • 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.

5. Competitive Trends: • 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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