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.
North America ceramic coating market stands on second position, the key countries covered in North America ceramic coating market are U.S., Mexico and Canada. Due to increasing in demand of end user industry include automotive, oil and gas exploration, aerospace & defense, healthcare and others helps to boost the North America ceramic coating Market growth. North America Ceramic Coating Market also adopted by various key players, such as Cetek Ceramic Technologies Ltd, E.I. du pont de Nemours & Company, Praxair SurfaceTechnologies Ltd, APS Materials Inc., and Armeco productions Inc., and others.
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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),
The Global Ceramic Coating Market has been segmented into types and end use industries. On the basis of end user, the market has been divided into automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others. Among these industries, automotive, oil and gas exploration, aerospace & defense have cover the largest market followed by chemical industry, textile industry, plastics Industry.
Geographically, Asia-Pacific is estimated to be the largest market in terms of value and volume. The dominance of China in APAC as well as global market is fueling the global demand. Moreover, Europe and North American market would be comparatively small market for ceramic coating.
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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Ceramic Coating Market
5 Industry Overview Of Global Ceramic Coating Market
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