Global Global Hard Coating Market - 2020-2027

Global Global Hard Coating Market - 2020-2027

Market Overview

Hard coating is a coating technique by anodization of sulfuric acid with the electrolyte concentration, temperature and electric current parameters altered to produce the hardened surface. These coatings are resistant to corrosion, hardness and wear, electricity and temperature. It has low friction coefficient after lubrication. Owing to these properties, the global hard coatings market is expected to witness an increased demand. Moreover, hard coatings are used for coating the lenses to make them scratch resistant thereby, improving the longevity and durability.

The global hard coatings market size was worth US$ XX billion in 2019 and is further expected to reach US $ XX billion by 2027, with a CAGR of X% during the forecast period (2020-2027).

Market Dynamics

The hard coatings market is mainly propelled by a surge in product demand in the Asia-Pacific region, increasing awareness about the benefits of hard coatings, and emerging automotive and healthcare sectors. General manufacturing is one of the key markets for hard coatings in emerging as well as developed countries.

Rapid Development Of The Healthcare Market

The rapid development of the healthcare market across the globe is expected to fuel the growth of the global hard coatings market during the forecast period. Additionally, the growing awareness among consumers regarding the efficiency and benefits of using hard coatings and increasing research and development activities are some of the key factors anticipated to accelerate the growth of the market during the forecast period.

Rising Technological Advancements

Rising technological advancements will offer lucrative opportunities hard coating manufacturers that will lead to the growth of hard coating market during the forecast period. Moreover, the rising focus on new product development, innovations, and research & development activities is estimated to generate opportunities for the key players operating in the global hard coatings market in the next few years.

COVID-19 Impact Analysis

COVID-19 affected the global economy in many forms, such as directly affecting demand and production, supply chain distraction, and financial impact. COVID-19 pandemic have highly affected the global hard coatings market due to the shutting down of factories, supply chain disruptions and unethusiastic labor force to work remotely.

Segment Analysis

Based on the material type, the global hard coatings market has been classified as- nitrides, oxides, carbon-based and others.

Borides Material Type Segment Accounted For The Highest Share

Borides are extensively used in the hard coatings market. This chemical is perhaps one of the most heat-resistant and hardest compounds. Moreover, it is often used as coatings for materials which have to withstand the harshest conditions because of their incredible toughness – from the inside of the combustion engines to cutting tools for hard metals.

Based on the techniques, the global hard coatings market has been classified as- physical vapor deposition and chemical vapor deposition. Physical vapor deposition (PVD) is a process of vaporization coating, where the base material is used to form a thin layer of coating on an object by evaporating and condensing the material. PVD technique accounted for the largest market share as it less time intensive and durable.

Physical Vapor Deposition Segment Is Accounted For The Highest Share During The Forcasting Period

Physical Vapor Deposition held the largest share in the hard coatings market as they are in high-demand in various end-use industries such as aerospace, automotive, cutting tools, and others. The electron beam, sputter deposition, evaporative deposition, physical vapor deposition, pulsed laser deposition, and cathodic arc deposition are the techniques used in physical vapor deposition.

Based on the application, the global hard coatings market has been classified as- decorative coatings, cutting tools, optics, and others.

Optics Application Witnessed The Largest Market Share

The optical industry is one of the significant users of hard coatings. Generally, lenses and other optical components use soft coatings, but with the advancement of high performing techniques, such as hard coating, the use of soft coating becomes obsolete.

Geographical Analysis

Based on geography, the study analyzes the global hard coatings market, including Europe, Asia-Pacific, North America, South America, and the Middle East & Africa.

Asia-Pacific Leads the Global Hard Coating Market throughout the Forecast Period

Asia-Pacific witnessed the highest market share in the global hard coatings market in terms of revenue share, due to its growing product consumption in many industries, such as buildings and construction, general manufacturing, transportation, etc. In the buildings and construction industry, hard coatings can be used for interior or external decorative purposes. Also, there is an increasing demand for various resistance coatings, for instance scratch, electricity, hardening and wear.

Competitive Landscape

The global hard coatings market is highly competitive. The key players in global hard coatings market which are contributing to the growth of the global market include OC Oerlikon Corporation AG, IHI Ionbond AG, CemeCon, IHI Hauzer Techno Coating B.V., Sulzer Ltd., Momentive Performance Materials Inc., Kobelco, Zeiss Group, Ultra Optics and Mbi Coatings.

OC Oerlikon Corporation AG

Overview: OC Oerlikon Corporation AG is a global technology group founded in 1973 in Switzerland. It operates its business in two Divisions – Surface Solutions and Manmade Fibers. Company holds various brands like oerlikon balzers, oelikon metco, oerlikon am and others.

Product Potfolio: OC Oerlikon Corporation AG offers various products under its own brands such as staple fibres, carpet yarn, coatings, software solutions, automation solutions, heat treatment and others.

Why Purchase the Report?
• Visualize the global hard coatings market segmentation composition by material type, techniques, application and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the global hard coatings market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of global hard coatings market - level 3 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The Global Hard Coating Market report would provide access to an approx. 54 market data table, 54 figures and 230 pages.

Target Audience
• Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers


1. Global Hard Coating Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Hard Coating Market – Market Definition and Overview
3. Global Hard Coating Market – Executive Summary
3.1. Market Snippet by Material Type
3.2. Market Snippet by Techniques
3.3. Market Snippet by Application
3.4. Market Snippet by Region
4. Global Hard Coating Market – Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Rapid development of the Healthcare Market
4.1.1.2. Rising technological advancements
4.1.2. Restraints
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Global Hard Coating Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Value Chain Analysis
5.4. PEST Analysis
5.5. Pricing Analysis
5.6. Regulatory Analysis
5.7. Reimbursement Analysis
5.8. Unmet Needs
5.9. Patent Trends
6. Global Hard Coating Market – COVID-19 Analysis
6.1. Analysis of Covid-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid Covid-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Hard Coating Market – By Material Type
7.1. Introduction
7.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type Segment
7.3. Market Attractiveness Index, By Material Type Segment
7.3.1. Nitrides*
7.3.1.1. Introduction
7.3.1.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
7.3.2. Oxides
7.3.3. Carbon-based
7.3.4. Others
8. Global Hard Coating Market – By Techniques
8.1. Introduction
8.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques Segment
8.3. Market Attractiveness Index, By Techniques Segment
8.3.1. Physical Vapor Deposition
8.3.1.1. Introduction
8.3.1.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
8.3.2. Chemical Vapor Deposition
9. Global Hard Coating Market – By Application
9.1. Introduction
9.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Segment
9.3. Market Attractiveness Index, By Application Segment
9.3.1. Cutting Tools
9.3.1.1. Introduction
9.3.1.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
9.3.2. Decorative Coatings
9.3.3. Optics
9.3.4. Others
10. Global Hard Coating Market – By Region
10.1. Introduction
10.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
10.3. Market Attractiveness Index, By Region
10.4. North America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
10.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques
10.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. U.S.
10.4.6.2. Canada
10.4.6.3. Mexico
10.5. Europe
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
10.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques
10.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. Germany
10.5.6.2. U.K.
10.5.6.3. France
10.5.6.4. Italy
10.5.6.5. Spain
10.5.6.6. Rest of Europe
10.6. South America
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
10.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques
10.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.6.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.6.6.1. Brazil
10.6.6.2. Argentina
10.6.6.3. Rest of South America
10.7. Asia Pacific
10.7.1. Introduction
10.7.2. Key Region-Specific Dynamics
10.7.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
10.7.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques
10.7.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.7.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.7.6.1. China
10.7.6.2. India
10.7.6.3. Japan
10.7.6.4. Australia
10.7.6.5. Rest of Asia Pacific
10.8. Middle East and Africa
10.8.1. Introduction
10.8.2. Key Region-Specific Dynamics
10.8.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
10.8.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Techniques
10.8.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.8.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
11. Global Hard Coating Market – Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Global Hard Coating Market- Company Profiles
12.1. OC Oerlikon Corporation AG
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Key Highlights
12.1.4. Financial Overview
12.2. IHI Lonbond AG
12.3. CemeCon
12.4. IHI Hauzer Techno Coating B.V.
12.5. Sulzer Ltd.
12.6. Momentive Performance Materials Inc.
12.7. Kobelco
12.8. Zeiss Group
12.9. Ultra Optics
12.10. Mbi Coatings
LIST NOT EXHAUSTIVE
13. Global Hard Coating Market – Premium Insights
14. Global Hard Coating Market – DataM Intelligence
14.1. Appendix
14.2. About Us and Services
14.3. Contact Us

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings