Zion Market Research, the market research group announced the analysis report titled ‘Ceramic Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Ceramic Coatings Market: Overview
Ceramic coatings are non-metallic in nature and made up of inorganic materials. They possess a very high degree of abrasion resistance and exceptional insulation property. These coatings are generally applied on the metal surface to protect from corrosion and wear & tear. They also have high potential to maintain integrity in very high temperatures.
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Global Ceramic Coatings Market: Growth Factors
The global ceramic coatings market is anticipated to grow in the near future due to ceramic properties such as corrosion resistance, friction, thermal protection, and wear & tear. These coatings are widely used in the automotive, energy, healthcare, aerospace and defense industries. This is expected to open up new growth opportunities in future. Ceramic coatings are broadly used in semiconductor coating, plasma-sprayed ceramic coating, and flat panel display (FPD) equipment, which may drive the global ceramic coatings market. Plasma-sprayed ceramic coatings are largely used in semiconductor applications. Plasma-sprayed ceramic coatings make equipment lighter and offer high erosion resistance. In addition, it improves the durability of equipment chamber walls.
Global Ceramic Coatings Market: Segmentation
The global ceramic coatings market is fragmented on the basis of types of nitride coatings, oxide coatings, carbide coatings, and others. Based on applications, the global market is categorized as healthcare, energy, aerospace and defense, industrial goods, transportation and automotive, and others. Moreover, the global ceramic coatings market is divided based on technology as chemical vapor deposition, thermal spray, physical vapor deposition, and others. Of these, thermal spray is the dominating technology segment in the global market. It is extensively used in for applying ceramic coatings, as it possesses high deposition rate, offers superior-quality coating and can form barriers on different types of substrates. Furthermore, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa give the geographical bifurcation.
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Global Ceramic Coatings Market: Regional Analysis
Asia Pacific held the largest market share in the global ceramic coatings market due to high consumption of ceramic coatings. In addition, escalating growth of the automotive and healthcare industries may drive the global market in the coming years. However, higher investment by major players in the developing economies for expansion and development of the ceramic coatings market is expected to propel the global market growth in future. China is the leading region in the Asia Pacific, as this region consumes ceramic coatings in various industries such as defense, biomedical, aerospace, and other industries. Constant demand is observed from defense, power generation, and aerospace industries for ceramic coatings in North America, which is projected to enhance global market growth in future. Increasing interest in nanotechnology may further boost the global ceramic coatings market.
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Global Ceramic Coatings Market: Competitive Players
Major players in the global ceramic coatings include Kurt J. Lesker Company, E. I. du Pont de Nemours and Company, Bodycote plc, Keronite, and Praxair Surface Technologies Inc. Other players include Aremco Products Inc., APS Materials Inc., Saint-Gobain, and Morgan Advanced Materials.
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