In the global market for diamond like carbon (DLC) the manufactures aremaking constant 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 putting emphasison brand promotion. Merges and acquisitions will also change the DLC marketscenario. Moreover, the DLC market is expected to develop with the growth inthe automotive industry, also increasing demand for high temperature coatingsis providing huge opportunities for the DLC manufactures. The report describeabout some of the key players in the diamond like carbon market, which includesIBC 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.
As per the TMR report, the diamond like carbon market is expectedto attain a stable CAGR of 6.4% during the forecast period starting from 2017to 2025. The DLC market is also estimated to its valuation that US$ 1.38 bn in2016. The in the end-users category, automotive segment is estimated to leadthe DLC market across various countries. Major reason for this growth is mainlythat the DLC reduces the frictional loss during high stress contact and in hightemperature operations. These factors are benefitting the automobile industryand have drawn attention of automobile manufactures. Geographically, Europe isleading the global DLC market with highest number of shares. Higher growth ofmedical, automobile, and packaging industries with supportive governmentregulation have made the region at the leading position.
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Hydrogen-Free Coating to Boost the Demand for DLCMarket
The demand for hydrogen-free DLC is largely used by number of end-useindustries due to its rigidity and wear resistance when compared to DLC that iscombined with hydrogen. In the automotive sector hydrogen-free, DLC coatingcombines appropriately with the engine oil, which results in forming strongultra-thin film when special oil additives are applied. Low friction factor andadvanced abrasion resistance are increasing the demand for the DLCmarket. Manufactures in biomedical and automotive industry are aiming touse hydrogen-free DLC for effective working. Additionally, innovativetechnologies such as pulsed laser deposition and plasma enhanced CVD areexpected to trigger the market for DLC.
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Limited Thickness to Restrain the Growth of DLCMarket
On the other hand, the DLC market can be restricted due to the limitedcoating thickness, which is either five µm or less. As the residual stress onthe film, keeps on fluctuating it can create a delamination failure during highfilm stress. 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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