Ceramic coating provides a strong cover of long lasting protection not like traditional wax products. Ceramic coating generates a thick hydrophobic film of shelter due to this feature it cures to form a solid molecular barrier resistant to chemicals, corrosion, UV exposure and high temperatures.
Ceramic coatings provides the biggest horsepower gains, reduces under-hood temperatures preventing hot spots that can cause metal fatigue, prevents rust and corrosion of the ceramic coated parts. Major end users industries for ceramic coating are automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others. Ceramic coating end user segment is expected to gain strong demand from automotive industry. Ceramic Coating Market is expected to witness a significant growth of USD ~ 18.136 Billion by 2023 with CAGR of ~7.6% between 2016 and 2023
Key players of the global Ceramic Coating market are
- APS Materials Inc. (US),
- Bodycote PLC (US),
- Praxair Surface Technologies Inc. (US),
- E.I. Du Pont De Nemours & Company (US),
- Saint-Gobain Coating Solutions (Europe),
- Aremco Products Inc. (US),
- MBI Coatings (US),
- Akzo Nobel Chemicals Company (Europe),
- Oerlikon Surface Solutions AG (Switzerland),
- Ceramic Polymer GmbH (Germany),
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Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global ceramic coating market size is expected to grow at USD ~18.136 billion by 2023. The market witnessed a significant growth over the forecasted period owing to growing end user industry such as automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others.
The major driving factors of ceramic coating market are growing demand from automotive, aerospace & defense, steel industry. In addition, the increasing demand from the oil and gas exploration, aerospace & defense, steel industry is expected to fuel market growth of ceramic coatings in near future. Expensive raw materials act as and capital intensive production facilities act are expected to hamper the growth of Ceramic Coatings.
The global ceramic coating market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Ceramic coating market is largest market owing to robust industry growth of application industry in China, India, Brazil, Saudi Arabia, Mexico, and Japan. Asia Pacific ceramic coating market size is likely to witness highest gains over the forecast period. Rapid industrialization and increasing demand from end-use industries such as automotive, oil and gas exploration, aerospace & defense, steel industry in countries like China, India, and Japan are the causes of enhancing the ceramic coating market growth in this region.
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List of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Billion)
Table 2 Global Ceramic Coating Market: By Region, 2014-2022 (USD Billion)
Table 3 North America Ceramic Coating Market: By Country, 2014-2022 (USD Billion)
Table 4 Europe Ceramic Coating Market: By Country, 2014-2022 (USD Billion)
Table 5 Asia-Pacific Ceramic Coating Market: By Country, 2014-2022 (USD Billion)
List of Figures
Figure 1 Global Ceramic CoatingMarket Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Ceramic Coating Market
Figure 4 Value Chain Of Global Ceramic Coating Market
Figure 5 Share Of Global Ceramic Coating Market In 2014, By Country (In %)
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