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Hard Coatings Market Overview with Detailed Analysis, Competitive Landscape, Forecast and Opportunities by 2023

08-08-2018 12:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Hard Coatings Market Overview with Detailed Analysis,

The global Hard Coatings Market is expected to witness a significant growth during the forecast period (2017-2023). The growing demand from the automotive and healthcare sectors is the key driver for the global market. Borides are expected to be the largest material type segment in the global market during the forecast period.

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Hard coatings Market find applications in cutting tools, decorative coatings, optics, gears, bearings, cams, cylinders, hydraulic and pneumatic components, injection moulding dies, implants and firearms. The hard coatings process is mainly performed in two ways: physical vapor deposition (PVD) and chemical vapor deposition (CVD).

The key restraints hampering the growth of the global hard coatings market are high total cost of ownership and high capital investment market. Additionally, developments of cost effective substitutes are expected to pose challenges for the growth of the global market.

The global market for hard coatings is expected to gain traction in Asia-Pacific region owing to the increased demand for decorative coatings and cutting tools. Cutting tools is the fastest growing application segment in India, China and Malaysia.

Read Report Summary at : https://www.psmarketresearch.com/market-analysis/hard-coatings-market

The major companies operating in the global market include IHI Ionbond AG, CemeCon AG Germany, Momentive Performance Materials Inc., Sulzer Ltd., IHI Hauzer Techno Coating B.V, Duralar Technologies, MBI Coatings, Platit AG, Exxene Corporation and ASB Industries, Inc.

Market Segmentation

By material type

Nitrides
Oxides
Carbides
Carbon-based
Borides
Multi-component coatings

By deposition technique

Physical vapor disposition
Chemical vapor disposition

By end-use industry

General manufacturing
Transportation
Buildings and architecture
Medical/dental equipment
Food manufacturing/preparation equipment
Sporting goods
Others

By application

Cutting tools
Decorative coatings
Optics
Gears
Bearings
Cams
Cylinders
Hydraulic/pneumatic components
Others

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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P&S Intelligence
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International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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