High Performance Ceramic Coating Market
The Global High Performance Ceramic Coating Market size is estimated to be USD 8.30 billion in 2019 and is predicted to reach USD 15.59 billion by 2030 with a CAGR of 5.9% from 2020-2030.
High Performance Ceramic Coating are substrates coated with ceramic to provide resistance from various environmental conditions to avoid wear and tear, corrosion and others. It has various advantages due to the mechanical and physical properties which provide resistance from different chemicals that too for long duration. It is mainly used in automotive industry to coat the vehicle and internal parts as well to further reduce the fuel consumption of the vehicle.
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Top Companies: Aremco Products, Inc., Akzo Saint-Gobain, Ceramic Polymer GmbH, Dow Chemical Company, Praxair Surface Technologies, Inc., Cetek Ceramic Technologies Ltd., Bodycote Plc, APS Materials Inc., Kurt J. Lesker Company Ltd and others.
The global high performance ceramic coating market share is analyzed on the basis of product type, technology, end user and geography. On the basis of product type, the market is segmented into Oxide Coating, Carbide Coating, and Nitride Coating. Based on technology, the market is fragmented into Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, and Other Technologies. On the basis of end user, the market is divided into Automotive, Aerospace & Defense, General Industrial Tools & Machinery, Healthcare, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
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North America is expected to anticipate the major market share owing t the increased adoption of high performance ceramic coating. Furthermore, increase in technological advancement coupled with presence of developed infrastructure is expected to accelerate the growth of high performance ceramic coating market in the near future. Asia pacific is expected to show rapid growth with gradual increase in market share owing to the increase in automotive industry. Moreover, increase in aerospace and defense sectors with wide applications are also expected to augment the growth of high performance ceramic coating market.
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