Ceramic coating is majorly engaged in industrial goods application, owing to its superior properties such as resistance from electricity, moisture, heat, dust, and weather. Ceramic coating products have properties such as corrosion and abrasion resistance along with its excellent thermal barrier property.
The global ceramic coating market report has been segmented on the basis of type, technology, application, and region.
On the basis of type, the global ceramic coating market has been segmented into oxide coatings, carbide coatings, nitride coatings, and others (carbon coatings, anti-microbial coatings, and phosphate coatings). The oxide coatings segment is estimated to account for largest share in terms of revenue and consumption in the global ceramic coating market. Revenue from others segment includes coatings like diamond like anti-microbial coatings, carbon coatings, and phosphate coatings is projected to register highest CAGR in next five years.
On the basis of application, the global ceramic coating market has been segmented into automotive, energy, aerospace & defense, industrial goods, and others (healthcare, oil and gas and chemical industry). The industrial goods segment is projected to account for highest share in the global ceramic coating market in terms of revenue and consumption, owing to properties such as heat resistant and abrasion along with added protective layer.
On the basis of region, the global ceramic coating market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Asia Pacific market is estimated to hold major revenue share in the global ceramic coating market in 2017. Asia Pacific ceramic coating market has been expected to register highest CAGR in terms of revenue and consumption in next seven years, owing to increasing demand for ceramic coatings from construction and automotive industries in countries such as Japan, India, and China in this region.
Key players operating in the global market include Bodycote plc, Praxair S.T. Technology, Inc., Kurt J. Lesker Company, APS Materials, Inc., E. I. du Pont de Nemours and Company, Aremco, Ultramet, Keronite International Ltd., Morgan Advanced Materials plc, and Saint-Gobain Group.