Global Ceramic Coatings Market 2016-2020
About Ceramic Coatings
Ceramic coatings resist wear, tear, erosion, and high temperature on a wide range of application areas, such as automotive, aerospace and defense, energy, and healthcare. The automotive industry is the major end-user segment for ceramic coatings. Automobile headers, exhaust pipes, and turbocharger parts are usually ceramic coated to protect them from chemicals, heat, and exhaust gases.
Technavio’s analysts forecast the global ceramic coatings market to grow at a CAGR of 7.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ceramic coatings market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of ceramic coatings for end-user industries, such as automotive and transportation, aerospace and defense, energy generation, healthcare, and others..
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ceramic Coating Market 2016-2020
Technavio recognizes the following companies as the key players in the global ceramic coating market: APS Materials, Bodycote, Praxair Surface Technologies, Cetek, and Keronite
Other Prominent Vendors in the market are: Zircotec, Camcoat Performance Coatings, and Advanced Ceramic Coating
Commenting on the report, an analyst from Technavio’s team said: “The global ceramic coatings market is experiencing a rise in the use of a plasma-sprayed ceramic coating, especially for coating semiconductors and flat panel display (FPD) equipment. The dimensions of a semiconductor and liquid crystal display (LCD) are increasing due to the increase in the size of silicon wafers (from 200 millimeters to 300 millimeters).”
According to the report, the transportation industry is increasing with infrastructural developments around the globe. Fast-paced life and global businesses have collaborated with the transport sector. In 2015, the total production of vehicles was 90.68 million compared with 89.75 million in 2014. In recent years, the automotive industry has started to grow with the recovery of the global crisis of 2009.
Further, the report states that powder coatings are polymer resin-based systems combined with different other additives. These are durable and are widely used in automotive, appliances, architecture and building, and everyday products. Powder coatings are used to protect machinery parts, as well as household equipment, from moisture, chemicals, ultraviolet lights, and other extreme weather conditions. Thus, these coatings help in reducing the risk of scratches, abrasion, corrosion, fading, chipping, and wear issues on these components. These types of coatings also provide a good finish.
APS Materials, Bodycote, Praxair Surface Technologies, Cetek, Keronite, Zircotec, Camcoat Performance Coatings, Advanced Ceramic Coating.
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