High Performance Ceramic Coating (HPCC) Market by Product Type (Oxide Coating, Carbide Coating and Nitride Coating), Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, and Other Technologies), and End Use Industry (Automotive, Aerospace & Defense, General Industrial Tools & machinery, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Industry: Materials and Chemical | Publish Date: 24-Jun-2021 | No of Pages: 312 | No. of Tables: 176 | No. of Figures: 146 | Format: PDF | Report Code : N/A
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Market Definition:
At an estimated value of over USD 7.38 billion in 2020, the global High Performance Ceramic Coating (HPCC) Market is predicted to thrive at a CAGR of 8.2% over the forecast period 2021-2030, and valued at over USD 15.82 billion by 2030.
Ceramic coatings are composed of materials such as alumina-magnesia, silicon carbide, silicon nitride, chromium, alumina, silica, hafnia, zirconia, and titania. High performance ceramic coating is an excellent thermal barrier with ability to withstand temperatures up to 5,000 degrees Fahrenheit. They not only provide thermal insulation, but increase durability, reduce friction, prevent thermal or acidic corrosion and improve the appearance of surfaces.
Depending on the coating process like chemical vapor deposition (CVD), physical vapor deposition (PVD), thermal spraying, sol gel, plasma spraying dipping, micro-oxidation, ionic beam surface treatment, packed diffusion, or laser assisted techniques, its thickness can range from 50 nm to few micron meters. HPCC is majorly used in automotive and aviation industry to dissipate heat efficiently in the engine, around the engine compartment, and all through the exhaust system, among other areas. HPCC can raise the operating temperature of an engine significantly, increases operational efficiency, extend its service life, and thereby reduces fuel consumption.
Market Dynamics and Trends:
In recent times, nanoscale ceramic coatings are gaining significant traction owing to their excellent thermo-mechanical properties. Industries, such as oil and gas, construction, aerospace, aviation, electrical, and automotive rely heavily on ceramic coatings to protect and increase the efficiency of machinery, heavy as well as handheld equipment, vehicle parts, IC engines, motorcycles, farm equipment, aircraft engines and many others. There has been an increased demand for wash proof coatings that can also act as a thermal barrier, particularly in the aerospace and automotive industries. Aircraft engines are exposed to corrosive environments as well as harsh temperature levels.
Application of these coatings to jet turbine blades not only enhances the durability of aircraft engines by protecting them against elevated temperature gases released from the combustion chamber but also improves the engine efficiency. This surge in demand along with technological advancements in plasma-sprayed coatings is expected to drive the market growth of the high-performance ceramic coatings globally. Also, the expansion of the automotive industry, as well as its adoption in various other industries are among the other major factors expected to fuel the market growth.
However, extreme brittleness makes them hard to repair which becomes important when de-bonding occurs as a result of expansion and shrinkage. Also this type of coating involves additional equipment, supplies and labor, pushing the overall budget to the north. These are few factors expected to hamper the market growth during the forecast period to some extent.
Market Segmentations and Scope of the Study:
The high-performance ceramic coating market report is segmented on the basis of product type, technology, end use industry and geography. On the basis of product type, the market is segmented into oxide coatings, carbide coatings and nitride coatings. On the basis of technology, the market is segmented into thermal spray, physical vapor deposition, chemical vapor deposition and other technologies. On the basis of end user industry, the market is segmented into automotive, aerospace and defense, general industrial tools & machinery, healthcare and others. Based on geography the market is segmented into North America, Europe, Asia Pacific and RoW.
Geographical Analysis:
North America region currently holds the lion's share of the market owing to large scale infrastructure development, technological advancements and increasing expenditure on defense equipment, fighter jets, and commercial aircrafts in this region.
However, Asia pacific is expected to show rapid growth with gradual increase in market share owing to the growth in automotive and energy industries in countries such as China, India, Japan and Vietnam.
Competitive Landscape:
Lucrative growth opportunities make the high-performance ceramic coating industry extremely competitive. Some of the major players in the market A&A Thermal Spray Coatings, Inc., APS Material, Inc., Aremco Products, Inc, A.W. Chesterton Company, Bodycote Plc., DuPont de Nemours, Inc, Integrated Global Services, Inc., Kurt J. Lesker Company, Linde plc and Saint Gobain S.A. Strategic alliances, acquisitions and innovations along with R&D activities are key strategies used by the market players to maintain their dominance in the market. For instance, in November 2019, Praxair Surface Technologies and GE Aviation has opened a second facility in Singapore for their PG Technologies business. PG Technologies is a joint venture between Praxair Surface Technologies, Inc., a Linde company, and GE Aviation, and specializes in advanced coatings that enable jet engines to withstand higher temperatures and stresses.
Key Benefits:
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The high-performance ceramic coating market report provides a quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep dive analysis of the global market trend including the current and future trends for depicting the prevalent investment pockets in the market.
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The information related to key drivers, restraints and opportunities and their impact on the global market is provided in the report.
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The market share of the players in the global high performance ceramic coating market along with their competitive analysis.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
High Performance Ceramic Coating Market Key Segments:
By Product Type
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Oxide Coating
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Carbide Coating
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Nitride Coating
By Technology
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Thermal Spray
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Physical Vapor Deposition
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Chemical Vapor Deposition
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Other Technologies
By End User Industry
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Automotive
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Aerospace and Defense
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General Industrial Tools and Machinery
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Healthcare
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Others
By Geography
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North America
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U.S.
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Canada
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Mexico
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Russia
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Rest of Europe
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Asia-Pacific
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Japan
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South Korea
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China
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India
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Thailand
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Rest of Asia-Pacific
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RoW
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Brazil
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Turkey
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South Africa
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Remaining Countries
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Report Scope and Segmentation:
|
Parameters |
Details |
|
Analysis Period |
2020–2030 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2021–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Market Segmentation |
By Product Type (Oxide Coating, Carbide Coating and Nitride Coating), Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, and Other Technologies), and End Use Industry (Automotive, Aerospace & Defense, General Industrial Tools & machinery, Healthcare, and Others) |
|
Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (UK, Germany, France, Russia, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Thailand, Rest of APAC), Rest of the World (Brazil, Turkey, South Africa, Remaining Countries) |
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Companies Profiled |
A&A Thermal Spray Coatings, Inc., APS Material, Inc., Aremco Products, Inc, A.W. Chesterton Company, Bodycote Plc., DuPont de Nemours, Inc, Integrated Global Services, Inc., Kurt J. Lesker Company, Linde plc and Saint Gobain S.A. |
KEY PLAYERS:
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A&A Thermal Spray Coatings, Inc.
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APS Material, Inc.
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Aremco Products, Inc
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A.W. Chesterton Company
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Bodycote Plc.
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DuPont de Nemours, Inc
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Integrated Global Services, Inc.
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Kurt J. Lesker Company
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Linde plc
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Saint Gobain S.A.
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