Plasma Electrolytic Oxidation (PEO) Market Share Driven by Demand for Advanced Surface Coatings in High-Performance Industries | Valuates Reports

Plasma Electrolytic Oxidation (PEO) Market
The global market for Plasma Electrolytic Oxidation (PEO) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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The plasma electrolytic oxidation (PEO) market is experiencing significant market growth as industries increasingly adopt this advanced surface treatment technology to enhance the durability, corrosion resistance, and thermal stability of lightweight metal components. Market trends reflect a growing preference for environmentally friendly and high-performance coating methods, driving the expansion of the overall market size. The PEO process is particularly favored in applications that require long-term surface reliability under extreme conditions, aligning with the shift toward more sustainable and high-performance manufacturing.

By type, aluminum alloy holds the largest market share, owing to its widespread use in industries such as automotive and aerospace where lightweight yet strong materials are essential. Magnesium alloys are registering the fastest market growth, supported by their rising application in electronics and automotive sectors where weight reduction is critical without compromising on strength and thermal properties. Titanium alloys and other metals also play a key role, particularly in medical and aerospace components that demand biocompatibility and fatigue resistance.

Among applications, the automotive segment leads the market, driven by the growing demand for fuel-efficient vehicles, electric mobility solutions, and improved component lifespan. Meanwhile, the medical segment is witnessing the fastest growth, as PEO-treated titanium and magnesium implants gain popularity for their enhanced biocompatibility and resistance to bodily fluids. Other applications such as aerospace and electronics also contribute significantly, given their need for components that can withstand thermal stress, corrosion, and wear.

The market forecast remains strong, supported by innovations in coating technology, rising R&D investments, and expanding applications in high-growth sectors. As industries continue to seek advanced surface engineering solutions that combine environmental safety with performance, plasma electrolytic oxidation is expected to play an increasingly vital role in shaping the future of materials processing and functional surface treatment across global markets.

Segment by Type

• Aluminum Alloy
• Magnesium Alloys
• Titanium Alloy
• Others

Segment by Application

• Medical
• Electronic
• Automotive
• Aerospace
• Others

By Company

Keronite, DEK, IBC Coatings Technologies, TEKNIKER, Lupin Research, NeoCast, Jinhualong

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