Synopsis of Ceramic Coating Market
The Global Ceramic Coating market is expected to witness a significant growth of USD ~ 18.136 Billion by 2023 with CAGR of ~7.6% between 2016 and 2023.
Ceramic Coatings are the inorganic materials that are processed and used at high temperatures. Ceramic Coatings are normally alumina, silica, alumina-magnesia, silicon carbide, silicon nitride, and others based compositions. The aerospace & defense and automotive industry is one of the major factors responsible for growth of ceramic coatings market. A large number of new product development, and expansions enhance the strong growth of this market in the near future. Ceramic coatings can be used in various industries such as automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others. It can be applied by formulating various technologies such as physical vapor deposition (PVD), thermal spray chemical vapor deposition (CVD), dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques. Ceramic Coating reduces static buildup, ensures quality control in electronics applications. Specific applications will drive growth in the aerospace, automotive, chemical industry and other industrial sectors increasing overall demand for Ceramic Coatings.
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Key Players of the Global Ceramic Coating Market are APS Materials Inc. (US), Bodycote PLC (US), Praxair Surface Technologies Inc. (US), E.I. Du Pont De Nemours & Company (US), Saint-Gobain Coating Solutions (Europe), Aremco Products Inc. (US), MBI Coatings (US), Akzo Nobel Chemicals Company (Europe), Oerlikon Surface Solutions AG (Switzerland), Ceramic Polymer GmbH (Germany), and Others.
Asia Pacific is the largest market of Ceramic Coating due to demand in various applications such as automotive, oil and gas exploration, and textile industry in China region followed by India, Brazil, Saudi Arabia, Mexico, and Japan will drive industry expansion over the forecast period. Due to aerospace & defense, automotive and oil and gas exploration North America is anticipated to hold second position on account of global ceramic coating market. The third largest market of Ceramic Coating is Europe. Latin America and Middle East also witnessed in growth of Ceramic Coating Market due to various end user industries such automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others.
The Global Ceramic Coating Market is majorly segmented on the basis of types, end user and region. Based on types of Ceramic Coating the market is segmented into alumina, silica, alumina-magnesia, silicon carbide, silicon nitride, and others. Based on end user the market segmented into automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others, and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
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