High performance ceramic coatings refer to advanced coatings that consist of a thin layer of ceramic material. These coatings provide enhanced mechanical and physical properties, such as improved resistance to wear, corrosion and high temperatures, making them suitable for various high performance applications.
The high performance ceramic coatings market consists of sales, by entities (such as organizations, sole traders or partnerships), of high performance ceramic coatings or equipment that are used in various industries to enhance the mechanical and physical properties of components and equipment. Ceramic coating combines thermal stability, excellent adhesion and hardness, along with good flexibility. Moreover, it offers salt corrosion protection to 1150 degrees Fahrenheit.
The global high performance ceramic coatings market was valued at $7,395.63 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 5.0%.
Increased Demand In The Aerospace Industry
Increased demand in the aerospace industry contributed to the growth of the high performance ceramic coatings market during the historic period. Aerospace components, particularly those found in aircraft engines and turbines, endure severe conditions of temperature, pressure and stress. Ceramic coatings provide outstanding thermal resistance, corrosion resistance and mechanical strength, rendering them optimal for safeguarding crucial components like turbine blades, combustion chambers and exhaust systems. For instance, Airbus SE, a France-based aircraft manufacturer, delivered 661 commercial aircraft to 84 customers in 2022 and registered 1,078 gross new orders, an 8% increase over 2021. Therefore, the increased demand in the aerospace industry contributed to the growth of the high performance ceramic coatings market.
Focus On Launch Of Innovative Products Featuring High Performance Ceramic Coatings
Companies in the high performance ceramic coatings market are prioritizing innovation to drive revenue growth. Focusing on the launch of innovative products featuring innovative high performance ceramic coatings involve developing and introducing advanced coatings that offer superior performance, durability and protection. For example, in June 2023, CrystalShield, an India-based durable ceramic coating manufacturing company, introduced its graphene ceramic coatings in India, transforming vehicle preservation. The unique chemical properties and honeycomb structure of graphene make the coating highly hydrophobic and dust-repellent. Additionally, it imparted a velvety, long-lasting gloss to the exterior, surpassing that of other ceramic coatings. The innovative formula set new standards in automotive care, providing high durability.
The global high performance ceramic coatings market is highly fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 4.94% of the total market in 2023.
High Performance Ceramic Coatings Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global high performance ceramic coatings market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for high performance ceramic coatings? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The high performance ceramic coatings market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider high performance ceramic coatings market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product type, by technology and by end-user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the high performance ceramic coatings market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product type, by technology and by end-user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for high performance ceramic coatings providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Product Type: Oxide Coatings; Carbide Coatings; Nitride Coatings
- 2) By Technology: Thermal Spray; Physical Vapor Deposition; Chemical Vapor Deposition; Other Technologies
- 3) By End-User: Automotive; Aviation; Chemical Equipment; Healthcare; Other End Users
- Companies Mentioned: Oerlikon Metco AG; Compagnie de Saint-Gobain S.A.; DuPont de Nemours Inc.; Akzo Nobel NV; Pittsburgh Plate Glass Company
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia.
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; high performance ceramic coatings indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.