Ceramic Coating Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI2204

Summary Methodology

Ceramic Coating Market size is likely to witness significant gains due to its strong application outlook in transportation, aerospace & defence, energy, and healthcare industries. It has wide application scope in steel sector which includes refractory bricks, pumps, chimneys and bearings on account of its abrasion and anti-corrosion properties.

Ceramic coating is an inorganic material which is processed and used in a high temperature. This type of product is normally based on silica, titania, silicon carbide, alumina, alumina-magnesia, hafnia and silicon nitride compositions. Additionally, it provides excellent heat resistance, anti-corrosion and weathering efficiency which may promulgate ceramic coating market size.

Thermal spray ceramic coating market size may witness steady gains over the foreseeable period. It is widely used technology due to its high density and can be used in every material compositions. Global thermal spray coatings market size is poised to exceed USD 11.5 billion by 2024, with gains at over 6.5%. Rising demand for instrument life from health care and dental industries owing to increase in wear resistant property, may enhance product life and reduce maintenance requirement. Ceramics applied on thermal spray are mainly used for sliding wear, dielectric strength, thermal barriers and corrosion protection. It involves heating a material in wire or powder form to semi-molten to molten form.

Physical vapor deposition (PVD) technology may show a significant market share due to its cheaper cost and thermal efficiency. It is preferably used in automotive and aerospace industries owing to it less resistance capability in high temperature & surface pressure and low spraying velocity, which may further stimulate ceramic coating market growth. Global physical vapor deposition market size may surpass USD 35 billion in sales by 2024, with gains at over 8%. Technological advancement has led to rise in microelectronics demand, thereby driving the industry growth.

Oxide based ceramic coating market size may witness favourable gains owing to its strong application outlook in steel sector where it can be applied on chimneys, refractory bricks, pumps, bearings and guide bars. Furthermore, it is used on anodes and cathodes solid oxide fuel cells, biomedical implants, hydraulic cylinders, and calender rollers. Commonly used oxide coats include zirconium, chromium, and aluminum which offers corrosion protection, hardness, shock resistance, and wear resistance.

Carbide coats are expensive as compared to other counterparts due to it high processing and raw material cost may affect ceramic coating market price trend. It is extensively used in sports sector and in various applications including golf clubs, horse hooves and bicycles. Increasing carbide coats demand in oil & gas exploration in order to increase production cost and reduce exploration cost may drive ceramic coating market size.

Ceramic coating market size from automotive & transportation applications may witness significant gains over the forecast timeframe. It protects vehicles interior and exterior from damage and extend cars life. Ceramic coating layer protects vehicle’s paint from UV rays, thereby reducing oxidization. China has a strong automobile production base and is likely to remain the leading manufacturer in the near future. In 2016, China’s automobile industry was over 24 million units passenger vehicles sales and over 3.5 million units commercial vehicle sales.

Positive application scope in aerospace & defence industry should drive ceramic coating market size. Increasing demand for oxide and carbide coats which are exclusively used in rocket exhaust cones and insulating tiles, for engine components, space shuttles and embedded into windshield glass of airplanes should stimulate industry growth. Global aerospace market size is likely to exceed USD 360 million by 2024. Increasing aircraft demand along with technological innovation should boost overall industry growth.

Asia Pacific led by Japan, India, South Korea and China ceramic coating market size, may witness surge in demand over the forecast timeframe. Increasing application outlook in aerospace and automotive industries should drive regional growth. Rapid industrialization accompanied with development of public infrastructure and better road connectivity has improved commercial road transport facilities in India, Indonesia, Thailand and China. Favorable government initiatives and investments in commercial road facilities along with shift in focus of vehicle manufacturers on enhancing the appearance of the vehicle to maintain competitive edge in market should ceramic coating demand in the region.

North America, led by Canada and the U.S. ceramic coating market size may witness an uptrend owing to increasing application scope in automobile, and aerospace & defence industries.

Europe ceramic coating market size, driven by France, Italy, UK, Spain and Germany may witness a rapid pace of demand due to the presence of various manufacturing industries. Increasing vehicles demand along with rise in per capita disposable income may drive regional industry growth.

Global ceramic coating market share is highly competitive and moderately consolidated. Major players operating in the industry include APS Materials, Praxair Surface Technologies, Bodycote PLC, and Keronite Group. Companies are focusing on R&D spending towards eco-friendly technology to expand business and create avenues in the ceramic coating industry.

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X