Transparency Market Research announces the release of a report titled “High-performance Ceramic Coatings (Thermal Spray Coatings, Physical Vapor Deposition, Chemical Vapor Deposition and Other Technologies) Market for Aviation, Automotive, Chemical Equipment, Medical & Healthcare and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014–2020.”
Albany, NY -- (SBWIRE) -- 06/01/2015 -- Global high-performance ceramic coatings market was valued at US$5.68 billion in 2013, and is expected to reach US$9.07 billion in 2020, growing at a CAGR of 7.0% between 2014 and 2020.
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Drivers of High-Performance Ceramic Coatings Market
The global high-performance ceramic coatings market is driven by demand from the aviation and automobile industry for improved thermal protection for engines. A superior quality ceramic coating offers a better thermal resistance, buffer from weathering and corrosion to the engine parts, other equipment, vanes, and turbine blades. The other crucial factor fueling the growth of global high-performance ceramic coatings market is the demand from the semi-conductor industry. However, the global high-performance ceramic coatings market does face some tough challenges such as paucity of skilled labor and technological glitches.
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Segmentation of High-Performance Ceramic Coatings Market
The global high-performance ceramic coatings market is segmented on the basis of technology, end-users, and regions. The technology segment of global high-performance ceramic coatings market is inclusive of thermal spray coatings, physical vapor deposition, chemical vapor deposition, and others such as sol-gel processing. The end-user segment includes automotive, chemical equipment, medical and healthcare, aviation, and others such as power generation. Geographically, the global high-performance ceramic coatings market is segmented into North America, Europe, Asia Pacific, and RoW.
Press Release: http://www.transparencymarketresearch.com/pressrelease/high-performance-ceramic-coatings.htm
Key players shaping this market are Oerlikon Metco, Saint-Gobain S.A., Bodycote Plc, APS Materials, Inc., Ceramic Polymer GmbH, Praxair Surface Technologies Inc., and Zircotec Ltd.
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