The global ceramic coating market size is expected to reach around USD 14.4 billion by 2027. The market is expected to witness a CAGR of 7.8% over the forecast period 2020 to 2027.
The ceramic coating promotes increased heat resistance coupled with fewer emissions to the atmosphere. These factors are likely to augment the market growth over the forecast period. Moreover, these products are gradually finding applications on metal parts in vehicles owing to its suitable properties of abrasion and corrosion resistance along with it being an excellent thermal barrier.
The aerospace & defense industry is exhibiting a trend of increasing consumption of oxide and carbide coatings. These coats are used exclusively in rocket exhaust cones, insulating tiles, for space shuttles, engine components, and are embedded into the windshield glass of many airplanes. However, in line with the current trend, there is an increased consumption of these coats in energy, healthcare, pharmaceutical, and different niche applications. These niche applications also include surgical instruments, prosthetic limb & hip, and personal hygiene products.
Rising demand for these coats in the defense, aerospace, energy, healthcare, and other industries is expected to push participants in the value chain to offer turnkey services along with providing engineering solutions. The cost of costing depends on the type of product i.e. oxide, carbide or nitride, and the surface of application. The process is very much energy-intensive and thus the overheads form a major part of the overall cost.
Oxide coating generated the highest demand in 2020 and is estimated to showcase a similar trend till 2025. Oxides are cheaper in comparison to other coatings such as carbide and nitride. This type of coating is used in the steel industry where it is applied to refractory bricks, chimneys, guide bars, pumps, and bearings.
Oxide & carbide coats are also heavily consumed in the oil & gas industries where it is utilized in mud rotors, pump sleeves, MWD equipment, and valve components. Applying coatings on service components in this industry helps oil & gas exploring companies to reduce exploration costs and increase production.
Carbide coats are expected to exhibit the second-highest growth rate. These coatings are expensive due to the high raw material and process cost. Carbide coatings are gradually venturing into the sports industry where it is used on applications such as horse hooves, golf clubs, and bicycles.
Thermal spray is the most popular means of deploying ceramic coatings on the surface. Thermal spray accounted for more than 75% of the demand. This mode of application is the most popular choice among ceramic coating producers as it can be used for almost every material composition and has high density. Physical Vapor Deposition or PVD is also likely to demonstrate significant growth in this segment. The primary factor associated with the increase in consumption is its cheaper cost.
Along with the cost, thermal efficiency in this method is also higher than the rest of the processes. However, PVD has some limitations as the velocity of spraying of this method is low. Coatings applied through PVD have less resistance to high temperatures and surface pressures, therefore, making it unsuitable for heavy industries and aerospace applications.
Ceramic coating is finding broad applications in transportation & automotive, energy, aerospace & defense, industrial components, healthcare. As of 2020, the global consumption of was majorly derived from the industrial components. EPA reported a rise of more than 12% in spending on anti-corrosion as well as efficiency enhancer coatings, which will further aggravate the demand.
Ceramic coatings are sprayed on industrial components such as refractory bricks, chimneys, and iron rods. Owing to its properties of abrasion and heat resistant along with added protective layer, it is expected to be widely generating demand from the steel and power generation industry in the foreseeable future.
Ceramic coatings in recent years are finding application scope in surgical instruments where it is used to harden the tool. This is the final and an essential form of a coating in prosthetic hips as it proportionately decreases the wear rates in prosthetic hips. In 2016, there were more than over 300,000 hip replacement surgery that took place.
These coatings increase the efficiency of the gas turbine engines which invariantly combats high operating temperatures. Ceramic coatings enable aircraft engines to operate at elevated temperatures, thus enhancing performance. Product demand is expected to witness an exponential increase owing to its extensive utilization in the aerospace and defense industry.
Asia Pacific dominated the market with more than 46% of the global consumption in 2020. The local demand can be characterized by humongous consumption from developing countries such as China, India, and Japan. However, in terms of revenue, this region only accounts for a little above 35% owing to the low cost in the region. Lower costs are mainly associated with inferior grade products and not lower operational costs.
Increasing engineering component production in the region will probably trigger the regional demand over the forecast period. Most of the regional need comes from China, which is also a leading ceramic coating manufacturer. Japan accounts for around 21% of the regional consumption and is expected to maintain its dominance over the forecast period as well.
Europe and North America together are responsible for more than half of the global needs. Well established automobile and aerospace industries have helped the regions to achieve this level of ceramic coating consumption. Whereas, the automotive and healthcare products sectors are expected to be responsible for future market growth.
The key manufacturers of ceramic coatings industry include Du Pont De Nemours & Company, APS Materials, Inc., Cetek Ceramic Technologies Ltd., Praxair Surface Technologies, Inc., Bodycote PLC, Nasiol Nano Coatings, Aremco Products, Inc., Ultramet, Keronite Group, E.I. Morgan Technical Ceramics, Kurt J. Lesker Co., and Saint-Gobain S. A., among others.
Physical Vapor Deposition
Chemical Vapor Deposition
Transportation & Automotive
Aerospace & Defense
Middle East & Africa (MEA)
Central & South America (CSA)
The Ceramic Coating market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Ceramic Coating market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Ceramic Coating market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ceramic Coating market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Ceramic Coating market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Ceramic Coating capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Ceramic Coating by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Ceramic Coating market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Ceramic Coating market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Ceramic Coating market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Ceramic Coating industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Ceramic Coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Ceramic Coating market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Ceramic Coating market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Ceramic Coating market. These factors have benefited the growth of the global market for Ceramic Coating. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Ceramic Coating. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Ceramic Coating are as follows:
History Year: 2016-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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