The global ceramic coating market is likely to witness impressive ascension during the forecast period, as stated by experts in this latest report. Ceramic coating refers to a thin layer of secondary skin which is applied on the surface of an object, usually vehicles, for providing them an additional layer which is invisible to the eye. When polished on the surface of the vehicle, these particles form a chemical bond with the originally applied paint and fill the pores that are present on the body.
This is used for making the surface repellent towards dust, water, and UV rays. It also gives the vehicle a glossy shine and makes it resistant to heat and graffiti. This aids in the reduction of paint job maintenance of the vehicles, as these coatings are meant to last for a long time. This durability of the paint gives an additional advantage over its alternative of wax coating which is cheaper in cost but has lower durability. Owing to all these properties, the global ceramic coating market is estimated to experience a hike in the demand from the automotive industry and with the rapidly growing population with improvements in GDPs per capita and a surge in the number of automobiles sold.
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Apart from the automotive industry, the ceramic coating is also used in other industries such as aerospace and defense, oil and gas exploration, chemical industry, steel industry, and the textile industry. Presently, owing to rapid developments in technologies, ceramic coatings are known to be applied using a wide range of formulation such as micro-oxidation, dipping, ionic beam surface treatment, laser assisted techniques, phycial vapor deposition, and packed diffusion. All these factors that are stated above are having a positive impact on the global ceramic coating market for the forecast period.
The following manufacturers are covered:
Bodycote
Praxair Surface Technologies
Keronite
Ultramet
Market Segmentation
The global ceramic coating market is segmented by type, technology, application, and region. Based on type, the global ceramic coating market is segmented into product, and technology. The product segment is further segmented into oxide, carbide, nitride, and others. The technology segment is further sub-segmented into thermal spray, physical vapor deposition, chemical vapor deposition, and others. Based on application, the global ceramic coating market is segmented into transportation and automotive, energy, aerospace and defense, industrial components, healthcare, and others.
Detailed Regional Analysis
The global ceramic coating market is studied for the regions of North America, South America, Asia Pacific, the Middle East & Africa, and Europe. Asia Pacific held the largest share of the global ceramic coating market during the forecast period, owing to the high demand from various industries including automotive, oil and gas exploration, and the textile industries. Further, presence of countries generating higher demand and revenue for ceramic coating market such as India, China, and Japan are expected to drive the regional market during the assessment period. Apart from that, proliferated technological developments also make it possible for the incorporation of ceramic coatings. North America is the second largest shareholder of the ceramic coating market since the beginning of the forecast period.
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