Inthe global market for diamond like carbon (DLC) the manufactures are makingconstant efforts to attain competitive advantage by implementing highlyadvanced technology, as analyzed by Transparency Market Research (TMR). Themanufactures are also introducing new products in the market and puttingemphasis on brand promotion. Merges and acquisitions will also change the DLCmarket scenario. Moreover, the DLC market is expected to develop with thegrowth in the automotive industry, also increasing demand for high temperaturecoatings is providing huge opportunities for the DLC manufactures. The reportdescribe about some of the key players in the diamond like carbon market, whichincludes IBC Coatings Technologies, Oerlikon Groups, Inc., Richter Precision Inc.,Norseld Pty Ltd, Morgan Advanced Materials Plc, Wallwork Heat TreatmentLtd, Renishaw Advanced Materials Ltd, and Micromatter Technologies Inc.
Asper the TMR report, the diamond like carbonmarket isexpected to attain a stable CAGR of 6.4% during the forecast period startingfrom 2017 to 2025. The DLC market is also estimated to its valuation that US$1.38 bn in 2016. The in the end-users category, automotive segment is estimatedto lead the DLC market across various countries. Major reason for this growthis mainly that the DLC reduces the frictional loss during high stress contactand in high temperature operations. These factors are benefitting the automobileindustry and have drawn attention of automobile manufactures. Geographically,Europe is leading the global DLC market with highest number of shares. Highergrowth of medical, automobile, and packaging industries with supportivegovernment regulation have made the region at the leading position.
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Hydrogen-FreeCoating to Boost the Demand for DLC Market
Thedemand for hydrogen-free DLC is largely used by number of end-use industriesdue to its rigidity and wear resistance when compared to DLC that is combinedwith hydrogen. In the automotive sector hydrogen-free, DLC coating combinesappropriately with the engine oil, which results in forming strong ultra-thinfilm when special oil additives are applied. Low friction factor and advancedabrasion resistance are increasing the demand for the DLC market. Manufactures in biomedical and automotive industry are aiming to usehydrogen-free DLC for effective working. Additionally, innovative technologiessuch as pulsed laser deposition and plasma enhanced CVD are expected to triggerthe market for DLC.
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LimitedThickness to Restrain the Growth of DLC Market
Onthe other hand, the DLC market can be restricted due to the limited coatingthickness, which is either five µm or less. As the residual stress on the film,keeps on fluctuating it can create a delamination failure during high filmstress. Moreover, during the low temperature that will degenerate DLC tographite that can further limit the market from growing. As the properties ofdiamond and graphite are not same, thus coating will not affect in gaining thedesired properties. Furthermore, in recent years the use of DLC films hasintensified in larger production of mechanical components together with medicalcomponents. Therefore, this can be taken as the major factors driving thedemand for diamond like carbon market globally.
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