Press release
Ceramic Coatings Market Insights on Trends, Drivers and Opportunities by 2025 & key players - APS Materials, A&A Coatings, Bodycote, Aremco Products, DowDuPont, Ceramic Polymer, Keronite Group, Fosbel, Morgan Technical Ceramics.
Ceramic Coatings Market was valued at USD 7013 Million in 2016 and projected to reach USD 11903 Million by 2025 growing at a CAGR of 5.9% during the forecast period 2018 to 2025.
Ceramic Coatings Market Overview:
Ceramic coatings have several advantages that favor their use in various industries. For example, these coatings reduce the operating temperature of industrial equipment, reduce wear and friction of engine parts, such as piston heads, bushings and valves. In addition, with the implementation of stringent standards for vehicle emissions and environmental regulations, car manufacturers around the world are increasingly using these coatings to develop efficient vehicles. This, in turn, stimulates the growth of the market.
Browse details of 103 number of pages research report developed on Ceramic Coatings Market
@ https://www.researchcosmos.com/reports/global-ceramic-coatings-market-professional-survey-report-2018/9448358
Ceramic Coatings Market Drivers and Restraining Factors:
The main factor that drives the market of ceramic coatings is the higher consumption of these coatings in the automotive, aerospace and health sectors. Thermal spray coatings are applied to turbo machinery, such as rotor rail liners, high pressure turbine seals, compressor seals, bearings, oil seals, aircraft and commercial aircraft components and defense engines. These coatings are also widely used in the exhaust systems of motor vehicles to reduce the temperature of the exhaust and thus improve the performance of the engine.
In addition, the application of these coatings in the exhaust systems results in a power gain of around 3% in automobiles. In addition, these coatings have a low rate of heat absorption, which makes them suitable for use in heaters to maintain a low temperature under the hood of the vehicle. Therefore, the adoption of thermal aerosols due to these benefits and the growth of the automotive and aerospace industries should stimulate the market.The growth of the ceramic coatings market is mainly hampered by factors such as the high cost of production and application of these coatings and by the problems of consistency in terms of application of thermal spraying.
Geographical Segmentation of the Ceramic Coatings Market:
Geographically, Asia Pacific is expected to occupy a significant portion of the market during the forecast period. This is mainly due to the high consumption of these coatings in the automotive, biomedical, aerospace, and defense industries of the region. In addition, the increasing investments of the main market players in the research and development of these coatings and the expansion of their product portfolio and production capacities should contribute to the growth of the APAC ceramic coatings market.
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Key Players of the Ceramic Coatings Market:
APS Materials, A&A Coatings, Bodycote, Aremco Products, DowDuPont, Ceramic Polymer, Keronite Group, Fosbel, Morgan Technical Ceramics, Kurt J. Lesker, Oerlikon Metco, BAF industries, Saint-Gobain, Praxair Surface Technologies, Swain Tech Coatings, and Zircotec are the major players of the market.
Ceramic Coatings Market Key Segmentation:
By Type:
• Oxides
• Carbides
• Nitrides
By Application:
• Thermal Spray
• CVD
• PVD
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Kevin Stewart
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Research Cosmos
www.researchcosmos.com
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