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Ceramic Coating Market is estimated to be valued at US$ 10.49 Bn in 2022 & to reach US$ 21.82 Bn by 2032 - Future Market Insights, Inc.

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Future Market Insights

06 Jul, 2022, 14:30 GMT

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Expanding Demand for Ceramic Coating in Healthcare and Aerospace Sectors to Propel Market Growth: Ceramic Coating Market to Thrive at a CAGR of 7.6% during 2022-2032

NEWARK, Del., July 6, 2022 /PRNewswire/ -- The ceramic coating market size is expected to be worth US$ 10.49 billion in 2022 and US$ 21.82 billion by 2032, with a 7.6 percent CAGR from 2022 to 2032.

The growing demand for ceramic coating in developing countries is expected to propel the ceramic coating market share forward. The increased automotive production in these countries is likely to boost sales of ceramic coating in automobiles.

Due to its high anti-corrosion and abrasion resistance, ceramic coating is used extensively in the steel industry, including on chimneys, refractory pumps, bearings, and bricks.

The ceramic coating market size is expected to grow throughout 2032 due to properties such as corrosion resistance, wear, shock resistance, and hardness.

The use of ceramics as transparent conductive coatings (TCOs) in solar panels increased the demand for ceramic coating.

Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15140

Installing solar PV systems in residences, commercial buildings, and industrial facilities is likely to improve the ceramic coating market outlook throughout the forecast period. Therefore, increased solar panel usage is anticipated to boost sales of ceramic coating solutions.

Demand for ceramic coating is expected to rise as the coating promotes improved heat resistance and lower atmospheric emissions. These factors are expected to drive the ceramic coating market share during the forecast period.

There is a growing trend in the aerospace and defence industries that is driving adoption and demand for ceramic coating.

Sales of ceramic coating solutions are expected to grow as they are incorporated into the windshield glass of many planes and are solely used in rocket exhaust cones, insulating tiles, space shuttles, and engine components.

Key Takeaways from Market Study

  • The oxide coating segment led the ceramic coating industry by product type and is expected to reach around USD 7 billion by 2027.
  • The carbide coating market is expected to grow significantly due to the increasing use of ceramic coatings in the oil and gas industry. Carbide coatings are frequently used in oil and gas exploration to save money.
  • Due to increased product adoption in the automotive industry, the transportation and automotive segment was valued at USD 3 billion in 2020 and is expected to reach approximately USD 7 billion by 2032, with a CAGR of 7%.
  • Thermal spray accounted for half of the ceramic coating market in 2020 and is anticipated to increase at a CAGR of 7.5 percent between 2022 and 2032 to reach over USD 10 billion by that time.
  • Asia-Pacific is expected to dominate the ceramic coatings market, which had a market value of USD 813.14 million in 2018. This is likely due to the region's developing automotive industry. China continues to be the largest auto market in the world.
  • The ceramic coating market in North America is anticipated to represent around 23% of the entire industry revenue by 2032. The growth of the American aerospace sector is predicted to increase ceramic coating sales.

Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-15140

"The key reasons propelling the expansion of the ceramic coating market share over the forecast period include the increasing automotive industry, soaring demand for innovative coatings with exceptional attributes, expanding healthcare and aerospace sectors, and rising demand for antiviral coatings."- Future Market Insights Analyst.

Competitive Landscape

There are a few significant participants in the moderately fragmented ceramic coating market. The main focus of the industry's major participants is on offering items that are affordable so that they can expand their commercial potential.

Key competitors are aggressively constructing manufacturing facilities in the industry, which is anticipated to become the epicentre of demand. During the projection period, ceramic coating market share is anticipated to rise thanks to reasonable environmental regulations and a favorable business climate.

The following companies are among the major players in the global ceramic coating market: APS Materials, Inc., Bodycote, Praxair Surface Technologies, Kurt J. Lesker Company, and Ferro Corporation.

  • XPEL, Inc. announced product range additions for its FUSION PLUS automobile ceramic coating in October 2020. The entire vehicle lineup now includes one-of-a-kind accessories designed to protect glass, wheels, brake callipers, plastic and trim surfaces, and upholstery.
  • The Ecocoat Kenzo with graphene reinforcement, IGL Coatings' flagship product, was set to go on sale in March 2021. Kenzo, an innovative 10H* certified, high solids ceramic coating from IGL, was honoured with the Gold Medal Award for Green Technology at the International Innovation Awards 2021.
  • Tata Motors debuted one of the industry's first ceramic coating service offers in April 2021 with the all-new Safari. This cutting-edge hydrophilic formulation method will revitalise the look of Tata vehicles.

Speak to our Research Expert@ https://www.futuremarketinsights.com/ask-question/rep-gb-15140

Key Segments

By Product Type:

  • Oxide Coating
  • Carbide Coating
  • Nitride Coating
  • Others

By Technology:

  • Thermal Spray
  • Physical Vapor Deposition (PVD)
  • Chemical Vapor Deposition (CVD)
  • Others

By Application:

  • Transportation & Automotive
  • Energy
  • Aerospace & Defense
  • Industrial Goods
  • Healthcare
  • Others

Buy Now@ https://www.futuremarketinsights.com/checkout/15140

Ceramic Coating Market by Application

The transportation and automotive segment was valued at USD 3 billion in 2020 and is expected to reach approximately USD 7 billion by 2032, with a CAGR of 7 percent, due to increased product adoption in the automotive industry

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer's

Get detailed TOC @ https://www.futuremarketinsights.com/toc/rep-gb-15140

Have a Look at Related Research Reports of Chemicals & Materials

Paper Coating Materials Market Size: The paper coating material market is anticipated to show significant growth with a single digit CAGR.

Water Borne Automobile Coating Market Forecast: Global waterborne automobile coatings demand is anticipated to be valued at US$ 79 Billion in 2022, forecast to grow at a CAGR of 6% to be valued at US$ 141.5 Billion from 2022 to 2032.

Ceramic Insulator Market Value: A ceramic insulator is generally designed and merchandised with popular natural raw materials, namely porcelain and kaolinite that possess excellent properties of resistance to high temperature and heat.

Coating Auxillaries Market Sales: The global market for coating auxillaries has been witnessing a significant increase due to growth of its application and end user industries.

Coating Additives Market Analysis: The global coating additives market is projected to surge at steady growth rate and exhibit a CAGR of 4.8% during the forecast period (2017-2022). The global market for coating additives is projected to stand a US$ 8,851.3 Mn by the end of 2022

Europe Advanced Aerospace Coatings Market Volume: The Europe advanced aerospace coatings market was valuated at just-over US$ 390 million in 2018, which is anticipated to register the CAGR of 4.9% through 2028.

Tile Adhesive Market Growth: The global tile adhesive market at US$ 2.3 Bn in 2021. Sales are projected to grow at a CAGR of 6.9% over the forecast period, reaching a valuation of US$ 4.8 Bn by 2032.

Antimicrobial Car Care Products Market Demand: The global antimicrobial car care products market size is estimated to be worth around US$ 194 Mn in 2022.

Precipitation Hardening Market Outlook: The precipitation hardening market is anticipated to show promising growth prospects with a CAGR of 8% during the forecast period of 2022 to 2032.

Alcohol Ethoxylates Market Trends: The global sales of alcohol ethoxylates are projected to grow at a moderate CAGR of around 4.2% between 2022 and 2032. 

About Us  

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis Product Type, Technology, Application over the next 10-years.  

Contact:
Future Market Insights Inc.   
Christiana Corporate, 200 Continental Drive, 
Suite 401, Newark, Delaware - 19713, USA   
T: +1-845-579-5705   
Report: https://www.futuremarketinsights.com/reports/ceramic-coating-market
For Sales Enquiries: sales@futuremarketinsights.com    
Browse latest Market Reports: https://www.futuremarketinsights.com/reports 
LinkedIn| Twitter| Blogs 

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg

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