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Global Diamond-like Carbon (DLC) Market- Covid-19 Impact, Applications, Demand and Forecast Analysis to 2025
Global Diamond-like Carbon (DLC) Market- Covid-19 Impact, Applications, Demand and Forecast Analysis to 2025
As per the TMR report, the diamond like carbon market is expected to attain a stable CAGR of 6.4% during the forecast period starting from 2017 to 2025. The DLC market is also estimated to its valuation that US$ 1.38 bn in 2016.

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.

As per theTMR report, the diamond likecarbon market is expected to attain a stable CAGR of 6.4%during the forecast period starting from 2017 to 2025. The DLC market is alsoestimated to its valuation that US$ 1.38 bn in 2016. The in the end-userscategory, automotive segment is estimated to lead the DLC market across variouscountries. Major reason for this growth is mainly that the DLC reduces thefrictional loss during high stress contact and in high temperature operations.These factors are benefitting the automobile industry and have drawn attentionof automobile manufactures. Geographically, Europe is leading the global DLCmarket with highest number of shares. Higher growth of medical, automobile, andpackaging industries with supportive government regulation have made the regionat the leading position.

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Hydrogen-FreeCoating to Boost the Demand for DLC Market

The demandfor hydrogen-free DLC is largely used by number of end-use industries due toits rigidity and wear resistance when compared to DLC that is combined withhydrogen. 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

On theother 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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