Global Thermal Barrier Coatings Market 2024-2028

The thermal barrier coatings market is forecasted to grow by USD 4829.84 mn during 2023-2028, accelerating at a CAGR of 5.36% during the forecast period. The report on the thermal barrier coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for fuel-efficient aircraft and gas turbine engines, expansion of power generation plants, and rising demand for thermal barrier coating from the automotive industry.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.22%
CAGR	5.36%
Incremental Value	$4.83bn

Technavio's thermal barrier coatings market is segmented as below:

By Type

Ceramic
Metal
Intermetallic

By End-user

Aerospace
Automotive
Power plants
Others

By Geographical Landscape

North America
APAC
Europe
Middle East and Africa
South America

This study identifies the growing use of advanced thermal barrier coating materials as one of the prime reasons driving the thermal barrier coatings market growth during the next few years. Also, increase in demand due to growing adoption of environmentally friendly and sustainable coatings and increasing adoption of digital twin technology will lead to sizable demand in the market.

The report on the thermal barrier coatings market covers the following areas:

Thermal barrier coatings market sizing
Thermal barrier coatings market forecast
Thermal barrier coatings market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermal barrier coatings market vendors that include A and A Thermal Spray Coatings, Chromalloy Gas Turbine LLC, Compagnie de Saint Gobain, CTS Inc., Fisher Barton, Flame Spray Inc., Hannecard Group, Hayden Corp., Honeywell International Inc., KECO Engineered Coatings Inc., Linde Plc, Metallic Bonds Ltd., Metallisation Ltd., Northwest Mettech Corp., OC Oerlikon Corp. AG, Precision Coatings Inc., Tech Line Coatings LLC, Thermion Inc., TWI Ltd., and Zircotec Ltd.. Also, the thermal barrier coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76726

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global thermal barrier coatings market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global thermal barrier coatings market 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Ceramic - Market size and forecast 2023-2028
Exhibit 34: Chart on Ceramic - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Ceramic - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Ceramic - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Ceramic - Year-over-year growth 2023-2028 (%)
6.4 Metal - Market size and forecast 2023-2028
Exhibit 38: Chart on Metal - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Metal - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Metal - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Metal - Year-over-year growth 2023-2028 (%)
6.5 Intermetallic - Market size and forecast 2023-2028
Exhibit 42: Chart on Intermetallic - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Intermetallic - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Intermetallic - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Intermetallic - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Exhibit 46: Market opportunity by Type ($ billion)
Exhibit 47: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Aerospace - Market size and forecast 2023-2028
Exhibit 52: Chart on Aerospace - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Aerospace - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Aerospace - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Aerospace - Year-over-year growth 2023-2028 (%)
7.4 Automotive - Market size and forecast 2023-2028
Exhibit 56: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
7.5 Power plants - Market size and forecast 2023-2028
Exhibit 60: Chart on Power plants - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Power plants - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Power plants - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Power plants - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
Exhibit 68: Market opportunity by End-user ($ billion)
Exhibit 69: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 A and A Thermal Spray Coatings
Exhibit 123: A and A Thermal Spray Coatings - Overview
Exhibit 124: A and A Thermal Spray Coatings - Product / Service
Exhibit 125: A and A Thermal Spray Coatings - Key offerings
12.4 Chromalloy Gas Turbine LLC
Exhibit 126: Chromalloy Gas Turbine LLC - Overview
Exhibit 127: Chromalloy Gas Turbine LLC - Product / Service
Exhibit 128: Chromalloy Gas Turbine LLC - Key offerings
12.5 Compagnie de Saint Gobain
Exhibit 129: Compagnie de Saint Gobain - Overview
Exhibit 130: Compagnie de Saint Gobain - Business segments
Exhibit 131: Compagnie de Saint Gobain - Key news
Exhibit 132: Compagnie de Saint Gobain - Key offerings
Exhibit 133: Compagnie de Saint Gobain - Segment focus
12.6 CTS Inc.
Exhibit 134: CTS Inc. - Overview
Exhibit 135: CTS Inc. - Product / Service
Exhibit 136: CTS Inc. - Key offerings
12.7 Hannecard Group
Exhibit 137: Hannecard Group - Overview
Exhibit 138: Hannecard Group - Product / Service
Exhibit 139: Hannecard Group - Key offerings
12.8 Hayden Corp.
Exhibit 140: Hayden Corp. - Overview
Exhibit 141: Hayden Corp. - Product / Service
Exhibit 142: Hayden Corp. - Key offerings
12.9 Honeywell International Inc.
Exhibit 143: Honeywell International Inc. - Overview
Exhibit 144: Honeywell International Inc. - Business segments
Exhibit 145: Honeywell International Inc. - Key news
Exhibit 146: Honeywell International Inc. - Key offerings
Exhibit 147: Honeywell International Inc. - Segment focus
12.10 KECO Engineered Coatings Inc.
Exhibit 148: KECO Engineered Coatings Inc. - Overview
Exhibit 149: KECO Engineered Coatings Inc. - Product / Service
Exhibit 150: KECO Engineered Coatings Inc. - Key offerings
12.11 Linde Plc
Exhibit 151: Linde Plc - Overview
Exhibit 152: Linde Plc - Business segments
Exhibit 153: Linde Plc - Key news
Exhibit 154: Linde Plc - Key offerings
Exhibit 155: Linde Plc - Segment focus
12.12 Metallic Bonds Ltd.
Exhibit 156: Metallic Bonds Ltd. - Overview
Exhibit 157: Metallic Bonds Ltd. - Product / Service
Exhibit 158: Metallic Bonds Ltd. - Key offerings
12.13 Metallisation Ltd.
Exhibit 159: Metallisation Ltd. - Overview
Exhibit 160: Metallisation Ltd. - Product / Service
Exhibit 161: Metallisation Ltd. - Key offerings
12.14 Northwest Mettech Corp.
Exhibit 162: Northwest Mettech Corp. - Overview
Exhibit 163: Northwest Mettech Corp. - Product / Service
Exhibit 164: Northwest Mettech Corp. - Key offerings
12.15 OC Oerlikon Corp. AG
Exhibit 165: OC Oerlikon Corp. AG - Overview
Exhibit 166: OC Oerlikon Corp. AG - Business segments
Exhibit 167: OC Oerlikon Corp. AG - Key offerings
Exhibit 168: OC Oerlikon Corp. AG - Segment focus
12.16 Thermion Inc.
Exhibit 169: Thermion Inc. - Overview
Exhibit 170: Thermion Inc. - Product / Service
Exhibit 171: Thermion Inc. - Key offerings
12.17 TWI Ltd.
Exhibit 172: TWI Ltd. - Overview
Exhibit 173: TWI Ltd. - Product / Service
Exhibit 174: TWI Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations