The global High Performance Ceramic Coatings was worth USD 10.21 billion in 2021 and is expected to be worth USD 15.21 billion by 2030, increasing at a 6.2% CAGR from 2023 to 2030.
High performance ceramic coatings constitute a group of materials with varied compositions and properties. They are mostly used for wear-resistant, corrosion-resistant, and high-temperature resistant applications. The global High Performance Ceramic Coatings market is expected to rise at a significant rate in the forecast period.
The large adoption of high performance ceramic coating such as thermal barrier coating is increasing in automotive applications. As well, high performance ceramic coatings used in aircraft engines significantly increase efficiency & fuel economy and reduce emissions. These coatings are mainly designed to reduce heat loss from engine exhaust system components such as valves, pistons, cylinders, exhaust manifolds, turbocharger casings, exhaust headers, downpipes, and tailpipes. These coatings are generally used to protect metal and alloy parts from both melting and thermal cycling in aviation turbines. Hence, rapid expansion in the automotive and aerospace industry is the prime factor that boosts the growth of the global high performance ceramic coatings market.
On the downside, high costs related to the formulations and technologies, coupled with lack of skilled labor are anticipated to hamper the growth of the global market during the forecast period. Furthermore, recent developments made in material science and technology are expected to propel the expansion of the global high performance ceramic coatings market.
Covid-19 Impact on High Performance Ceramic Coatings Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
High Performance Ceramic Coatings Market Segment Overview
According to Technology, the Thermal spray is the largest segment in the global High Performance Ceramic Coatings market. Thermal spray is the most popular means of deploying ceramic coatings on the surface. This mode of application is the best choice among ceramic coating producers as it can be used for almost every material composition and has a high density. Additionally, the Physical Vapor Deposition (PVD) segment has significant growth in the market. The main factor related to the increase in consumption is its cheaper cost. On the other side, PVD has some limitations as the velocity of spraying of this method is low. Also, coatings applied through PVD have less resistance to high temperatures and surface pressures, consequently, making it inappropriate for heavy industries and aerospace applications.
High Performance Ceramic Coatings Market, By Technology
· Thermal Spray
· Physical Vapor Deposition (PVD)
· Chemical Vapor Deposition (CVD)
· Others
High Performance Ceramic Coatings Market, By End-Use Industry
· Automotive
· Aviation
· Chemical Equipment
· Medical
· Others
High Performance Ceramic Coatings Market Regional Overview
In terms of region, North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. Profitable market opportunities provided by the automotive and aerospace industries drive the high performance ceramic coatings market in the North American region. Similarly, Europe is another major region for this market. Automobile manufacturers operate more than 300 vehicle assembly and production plants across Europe. This fact majorly supports to the development of the market in this region. Likewise, the market of the Asia Pacific is projected to grow at the fastest rate in the forthcoming years. The automotive industry in China has been considered extremely productive in the world and this is estimated to propel the expansion of high performance ceramic coatings market in the Asia Pacific region.
High Performance Ceramic Coatings Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
High Performance Ceramic Coatings Market Competitor overview
Some key developments and strategies adopted by manufacturers in High Performance Ceramic Coatings are highlighted below.
· In September 2020, Saint-Gobain has announced the acquisition of Strikolith in the Netherlands, a company specialized in the production of external insulation systems, interior finishings and renovation products and solutions.
· In December 2020, Bodycote announced the opening of a new heat-treatment facility in Elgin, Ill. The facility is now fully operational and supporting customer requirements. It continues to provide all of the processes and capabilities that were previously offered at Bodycote’s Melrose Park location. In addition, the Elgin facility offers nitriding, Corr-I-Dur, nitrocarburizing and low-pressure carburizing (LPC) to customers from the agricultural, mining, construction, automotive and other manufacturing supply chains in the upper Midwest region.
High Performance Ceramic Coatings Market, Key Players
· Aremco Products Inc
· Ceramic Polymer GmbH
· Bodycote Plc
· Saint Gobain S.A
· Praxair Surface Technologies, Inc
· APS Materials Inc.
· Kurt J. Lesker Co.
· A&A Company, Inc
· Zircotec
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global High Performance Ceramic Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Thermal Spray
- 5.2.2. Physical Vapor Deposition (PVD)
- 5.2.3. Chemical Vapor Deposition (CVD)
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 5.3.1. Automotive
- 5.3.2. Aviation
- 5.3.3. Chemical Equipment
- 5.3.4. Medical
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America High Performance Ceramic Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Thermal Spray
- 6.2.2. Physical Vapor Deposition (PVD)
- 6.2.3. Chemical Vapor Deposition (CVD)
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 6.3.1. Automotive
- 6.3.2. Aviation
- 6.3.3. Chemical Equipment
- 6.3.4. Medical
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe High Performance Ceramic Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Thermal Spray
- 7.2.2. Physical Vapor Deposition (PVD)
- 7.2.3. Chemical Vapor Deposition (CVD)
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 7.3.1. Automotive
- 7.3.2. Aviation
- 7.3.3. Chemical Equipment
- 7.3.4. Medical
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific High Performance Ceramic Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Thermal Spray
- 8.2.2. Physical Vapor Deposition (PVD)
- 8.2.3. Chemical Vapor Deposition (CVD)
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 8.3.1. Automotive
- 8.3.2. Aviation
- 8.3.3. Chemical Equipment
- 8.3.4. Medical
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa High Performance Ceramic Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Thermal Spray
- 9.2.2. Physical Vapor Deposition (PVD)
- 9.2.3. Chemical Vapor Deposition (CVD)
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 9.3.1. Automotive
- 9.3.2. Aviation
- 9.3.3. Chemical Equipment
- 9.3.4. Medical
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Aremco Products Inc
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Ceramic Polymer GmbH
- 10.6. Bodycote Plc
- 10.7. Saint Gobain S.A
- 10.8. Praxair Surface Technologies, Inc
- 10.9. APS Materials Inc.
- 10.10. Kurt J. Lesker Co.
- 10.11. A&A Company, Inc
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
