Ceramic Coating Global Market Accretes To USD ~ 18.136 Billion With ~ 7.6% of CAGR By 2023

Ceramic Coating Global Market - Overview
The Global Ceramic Coating Market is growing mainly due to its applications in bourgeoning Automotive Industry. According to a recent study report published by the Market Research Future, the global market of Ceramic Coating is growing with the rapid pace and expected to gain prominence over the forecast period. The Global Ceramic Coating Market is expected to witness a significant growth of USD ~ 18.136 Billion by 2023 with CAGR of ~7.6% between 2016 and 2023.

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The Aerospace & Defence and Automotive industry are contributing at large, to the growth of Ceramic Coatings Market. A large number of new product development, and expansions enhance the strong growth of this market in the near future. Ceramic coatings can be used in various industries such as automotive, oil and gas exploration, aerospace & defence, steel industry, chemical industry, textile industry, plastics industry, and others. It can be applied by formulating various technologies such as physical vapour deposition (PVD), thermal spray chemical vapour deposition (CVD), dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques. Ceramic Coating reduces static build up, ensures quality control in electronics applications. Specific applications will drive growth in the aerospace, automotive, chemical industry and other industrial sectors increasing overall demand for ceramic coatings. Tough ceramic coatings are used to protect engine parts that are exposed to high temperatures and pressures, while other coatings may be designed to ensure that a medical implant will not react with the patient’s body. Finally, conductive coatings are used for electronic applications such as creating circuit boards.

However, high-end costing of Ceramic Coating is likely to pose a challenge to the growth of Ceramic Coating market. Adversely, it’s sales will still make it to the success owing to the consumers who value advantage that Ceramic Coating offers; such as - Once Ceramic coating is cured it allows less maintenance and mirror effect that gives impression of a new look all the time. This advantage defines why Ceramic coating is a good investment.

Ceramic coating also finds its application in the burgeoning semiconductor industry, where the thermal sprayed ceramic coatings are used for dielectric layers on metal electrostatic chucks and in a variety of different coatings to a wide range of semiconductor equipment components.
The unique and beneficial characteristics of thermal sprayed Ceramic Coating provide chemical, abrasion, erosion/ corrosion resistance, as well as enhanced thermal conductivity heat resistance to semiconductors that must endure a harsh manufacturing process. In numerous cases a plasma spray coated metal component provides a more durable, less costly alternative to a solid ceramic, quartz, carbide or nitride part.
Ceramic Coatings are the inorganic materials that are processed and used at high temperatures. Ceramic Coatings are normally alumina, silica, alumina-magnesia, silicon carbide, silicon nitride, and others based compositions.

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Ceramic Coating Global Market - Competitive Analysis
The Global Ceramic Coating Market is well-established. Matured players with the presence in the international and regional market; illustrate the market as highly competitive yet consolidated. Those players compete based on innovation, product features, quality, cost, and financial stability. To maintain their market position and to drive the market growth, these players are focusing upon developing their product portfolio with the help of advance technologies. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of Ceramic Coating are targeting to invest more in technology and research and development activities to innovate their already existing products. These vendors strive to deliver high-purity ceramic coating (product) that manufactured to the highest standards. They manage their business by laying emphasis on innovation, productivity, safety, performance, and results.

Ceramic Coating Global Market – Regional Analysis
Asia Pacific is the largest market of Ceramic Coating due to demand in various applications such as automotive, oil and gas exploration, and textile industry in China region followed by India, Brazil, Saudi Arabia, Mexico, and Japan will drive industry expansion over the forecast period. Due to aerospace & defence, automotive and oil and gas exploration North America is anticipated to hold second position on account of Global Ceramic Coating Market. The third largest market of Ceramic Coating is Europe. Latin America and Middle East also witnessed in growth of Ceramic Coating Market due to various end user industries such automotive, oil and gas exploration, aerospace & defence, steel industry, chemical industry, textile industry, plastics industry, and others.

Key Points from Table of Contents:

10. Company Profiles

10.1 APS Materials Inc.
10.1.1 Company Overview
10.1.2 Product/Business Segment Overview
10.1.3 Financial Updates
10.1.4 Key Developments

10.2 Bodycote PLC
10.2.1 Company Overview
10.2.2 Product/Business Segment Overview
10.2.3 Financial Updates
10.2.4 Key Developments

10.3 Praxair Surface Technologies Inc.
10.3.1 Company Overview
10.3.2 Product/Business Segment Overview
10.3.3 Financial Updates
10.3.4 Key Developments

10.4 E.I. Du Pont De Nemours & Company
10.4.1 Company Overview
10.4.2 Product/Business Segment Overview
10.4.3 Financial Updates
10.4.4 Key Developments

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