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Ceramic Coating Market is expected to grow at a CAGR of 7.8% during the forecasted period | Evolve Business Intelligence
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The Ceramic Coating Market is primarily driven by the increasing automotive industry, where ceramic coatings are used to protect car paint and enhance the appearance of vehicles. Additionally, industries such as aerospace, electronics, and construction have also adopted ceramic coatings to improve the performance and longevity of their products.
Key Players
Some of the major Ceramic Coating Market players holding high market shares include Zochem, Morgan Advanced Materials, APS Materials Inc., Bodycote and Praxair S.T. Technology Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include MBI Coatings, Nano-Care Deutschland AG, Ceramic Polymer GmbH and Oerlikon Group.
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Segmental Analysis
Based on Type, the Ceramic Coating Market is segmented into oxide, carbide, nitride, and others. The oxide segment held the major market share and is likely to maintain its dominance the market. As compared to other counterparts such as carbide and nitride, oxides are cheaper. Oxide ceramic coatings protect metals against corrosion and are used as decorative and electrical insulators. Oxide ceramic coatings can be applied to steel and cast iron as well as to aluminum, copper, and zinc alloys.
Based on End Use, the Ceramic Coating Market is segmented into Transportation & Automotive, Energy, Aerospace & Defense, Industrial Goods and Healthcare. The transportation & automotive segment accounted for the prime share of the market. The ceramic coating is applied to the body of a vehicle and forms a chemical bond with factory paint. When coated, it can be extracted only by abrasion and offers good protection to the vehicle's surface. They can protect the vehicle from dirt, chemical contaminants, and scratches.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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