Ceramic Coatings Market Business Opportunities, Growth Insights, Trends, Si

by Bhagyashri Bhole in Accuracy in Media

The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. The high versatility of ceramic coatings will boost their adoption across industries, states Fortune Business Insights™ in its new report, titled Ceramic Coatings Market Size, Share & Industry Analysis, By Type (Oxide, Carbide, Nitride, and Others), By Coating Method (Thermal Spray, Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and Others), By End-Use (Transportation & Automotive, Energy, Aerospace & Defense, Industrial Goods, Healthcare, and Others), and Regional Forecast, 2019-2026”. Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, these coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries. For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes.

COVID -19 Impact on Ceramic Coatings Industry:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

According to the ceramic coatings market report, the value of the market was USD 1.96 billion in 2018. Other highlights of the report include:

  • In-depth understanding of market drivers and trends;
  • Panoramic overview of the general industry outlook;
  • Piece-meal study of the different market segments;
  • Detailed assessment of the market restraints; and
  • Exhaustive analysis of the regional developments and competitive dynamics of the market.

Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325 

List of Ceramic Coatings Market Manufacturers include:

  • Saint-Gobain
  • Morgan Advanced Materials
  • Integrated Global Services, Inc.
  • APS Materials, Inc.
  • Praxair S.T. Technology, Inc.
  • Ferro Corporation
  • Keronite
  • Aremco
  • Kurt J. Lesker Company
  • Bodycote


Regional Analysis:

Escalating Demand for Automobiles to Drive the Market in Asia-Pacific

Asia-Pacific boasted a market size of USD 813.1 million in 2018 and is expected to lead the market share in the forthcoming years mainly on account of the exponential growth of the automotive industry in the region. The region is also home to China, the world’s largest market for automobiles, which bodes well for this market. In Europe and North America, the market will be mainly driven by the rapid advancements in their respective aerospace industries. This, coupled with a steady demand for vehicles and a robust transportation infrastructure, will further propel the market in North America and Europe.

RELATED PETITIONS AND ACTIONS

Comments