Press release
High Performance Ceramic Coatings Global Market Analysis, Trends, Growth, Research And Forecast 2033
The new report published by The Business Research Company, titled "High Performance Ceramic Coatings Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the high performance ceramic coatings market size has grown strongly in recent years. It will grow from $9.5 billion in 2023 to $10.34 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The high performance ceramic coatings market size is expected to see strong growth in the next few years. It will grow to $14.58 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
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Rising Electric Vehicle Demand Sparks Growth In The High-Performance Ceramic Coatings Market
The growing demand for electric vehicles will drive the growth of the high-performance ceramic coatings market going forward. Electric vehicles are those that are powered entirely or partially by electricity. Electric vehicles have low running costs due to fewer moving parts, and they are also very environmentally friendly because they require little or no fossil fuels (petrol or diesel). High-performance ceramic coatings are essential in keeping the substrates of electric vehicles and their components free of rust and other damage. It also has a big impact on the aesthetics of electric vehicles. For instance, in July 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021, increasing the total number of electric vehicles on the road to 16.5 million. Therefore, the increasing demand for electric vehicles propels the growth of the high-performance ceramic coatings market .
Innovative Technological Advancements Reshaping The High-Performance Ceramic Coatings Market
Technological advancements have emerged as a key trend gaining popularity in the high-performance ceramic coatings market. Major companies operating in the high-performance ceramic coatings sector are focused on developing new technological solutions to reinforce their position. For instance, in October 2022, Apex Auto Care, a US-based automotive care and paint protection, introduced a New Self-Healing Ceramic Coating Service to the Automotive Sector. Heal Light and Self Heal Plus are two different types of self-healing ceramic coating technology. Once heated at a temperature above 60 °C, both types instantly repair any minor dings and swirls. Both Self Heal Plus and Heal Light can treat identical scratches over a period of days, even when kept at room temperature.
The high performance ceramic coatings market covered in this report is segmented -
1) By Product Type: Oxide Coatings, Carbide Coatings, Nitride Coatings
2) By Technology: Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, Other Technologies
3) By End-User: Automotive, Aviation, Chemical Equipment, Healthcare, Other End Users
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Major companies operating in the high performance ceramic coatings market include A&A Coatings Inc., Aps Materials Inc., Aremco Products Inc., Bodycote plc, Aw Chesterton company, Dupont de Nemours Inc., Integrated Global Services Inc., Kurt J. Lesker Company, Linde plc, Saint Gobain S.A., Praxair Surface Technologies Inc, Oerlikon Metco AG, Zircotec Ltd., Swain Tech Coatings Inc., Cetek Ceramic Technologies Ltd., Ceramic Polymer GmbH, Keronite Group Limited, Hardide Coatings Ltd., Surface Technology International Ltd., Ultramet Inc., Innovnano S.A., Plasma Coatings Inc., IBC Coatings Technologies Ltd., Hauzer Techno Coating B.V., Metallisation Ltd., Flame Spray Coating Co., Apticote 2000 Ltd., Aalberts Surface Technologies, CemeCon AG, TST Coatings Inc., Endura Coatings LLC
Contents of the report:
1. Executive Summary
2. High Performance Ceramic Coatings Market Report Structure
3. High Performance Ceramic Coatings Market Trends And Strategies
4. High Performance Ceramic Coatings Market - Macro Economic Scenario
5. High Performance Ceramic Coatings Market Size And Growth
…..
27. High Performance Ceramic Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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