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Report Code: CM10444
Category : Paints, Sealant, Coatings and Adhesives
The global ceramic coatings market is witnessing growth, due to the advancements in techniques of ceramic coatings and increasing demand of nitride coatings in the automotive and transportation industries. Some of the other major factors driving the growth of the global ceramic coatings market are increasing adoption of ceramic coatings in wind turbine technology and solar energy components and equipment, and growing demand of high performance ceramic coatings in the aerospace industry. In addition, the alumina ceramic coatings have several applications in medical industry, such as corrosion and wear resistance, biocompatibility, and high stiffness in orthopedic and dental implants; which is again fueling the growth of the global ceramic coatings market. Nitride coating is the fastest growing product type in the global ceramic coatings market, owing to increasing adoption of nitride coatings in the transportation industry. The healthcare application segment is expected to grow at the fastest rate during the forecast period. The major factor behind the growth of the healthcare segment is increasing healthcare industry’s compliance for ceramic coatings. The significant growth of healthcare industry in developing countries is indirectly supporting the growth of the global ceramic coatings market.
Moreover, the growth in demand for high performance ceramic coating in the aerospace industry and massive unexplored ceramic coatings market in the emerging countries of Latin America are creating ample opportunities for the growth of the global ceramic coatings market during the forecast period. The growth in demand for plasma spray ceramic coatings in the electronics industry and high investment by the major manufacturers for the development of high performance ceramic coatings are the key trends, witnessed in the global ceramic coatings market. However, the high cost of ceramic coatings and huge capital required for its development and manufacture are some of the factors, restraining the growth of the global ceramic coatings market to some extent.
Ceramic coatings are the inorganic materials with different properties and compositions. Some of the most commonly used ceramic coating compositions are zirconia, silicon nitride, silicon carbide, titania, chromia, and alumina. Ceramic coatings are often used for the protection of material surface from corrosion, thermal damage, friction and wear, and other problems. Oxide coatings provide corrosion resistance and oxidation resistance at high temperature, whereas carbide coatings are preferred to provide friction and wear resistance.
Geographically, Asia-Pacific dominates the global ceramic coatings market, owing to high consumption of ceramic coatings in the region and high growth of healthcare and automotive industries. In addition, huge investment by major players for the development, manufacture, and expansion of ceramic coatings in the developing countries is supporting the growth of the ceramic coatings market in the region. China leads the Asia-pacific ceramic coatings market, and is driven by growth in ceramic coatings consumption in biomedical, aerospace, and defense industry.
The key players operating in the global ceramic coatings market are E. I. du Pont de Nemours and Company, APS Materials Inc., Praxair Surface Technologies Inc. (a subsidiary of Praxair Inc.), Bodycote plc, Morgan Advanced Materials, Aremco Products Inc., Keronite, Saint-Gobain, and Kurt J. Lesker Company
Global Ceramic Coatings Market Segmentation
Breakdown by Technology
Breakdown by Type
Breakdown by Application
Global Ceramic Coatings Market, By Geography
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