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Hard Coatings Market Worth 1,351.3 Million USD by 2026


News provided by

MarketsandMarkets

10 Nov, 2016, 09:30 GMT

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PUNE, India, November 10, 2016 /PRNewswire/ --

The report "Hard Coatings Market by Material Type (Nitrides, Oxides), Application (Cutting Tools, Decorative Coatings), Deposition Technique (PVD and CVD), End-Use Industry (General Manufacturing, Transportation), and by Region - Global Forecast to 2026", published by MarketsandMarkets, the market is projected to reach USD 1,351.3 Million by 2026, registering a CAGR of 8.0% from 2016 to 2026.

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Browse 92 market data Tables and 58 Figures spread through 187 Pages and in-depth TOC on "Hard Coatings Market"

http://www.marketsandmarkets.com/Market-Reports/hard-coating-market-186290567.html
Early buyers will receive 10% customization on this report.

The application of hard coatings has increased in transportation and general manufacturing industries of Asia-Pacific and the Middle East & Africa regions, owing to the growing awareness about the benefits of hard coatings. In addition to this, the demand for hard coatings has also grown globally due to their efficiency and low maintenance cost.

Borides segment estimated to be the largest material type segment of the market in terms of value 

The borides segment is estimated to be the largest segment of the hard coatings market, by material type, in terms of value. Diborides of transition metals (ex. Ti, Cr, Mo V) are some of the key types of boride coatings. Economic expansion in developing countries of Asia-Pacific will increase the demand for hard coatings, especially in automotive and general manufacturing industries. Boride coatings are relatively less explored and are therefore costlier than the other coatings.

PVD to register the highest growth rate during the forecast period 

Hard coatings can be used in various industries. Hard coating materials can be deposited by various deposition techniques, such as physical vapor deposition (PVD) and chemical vapor deposition (CVD). PVD is the most widely used technique, as it is less time intensive and durable. Other techniques involve dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=186290567

Hard coating market in Asia-Pacific is estimated to witness the highest CAGR during the forecast period 

Asia-Pacific is the largest region for Hard Coatings Market, in terms of value, followed by North America and Western Europe. China, U.S., Germany, and Japan are the largest consumers of hard coatings. Applications such as cutting tools and decorative coatings represent the bulk of the demand for hard coatings in the Asia-Pacific region. Rising awareness about the benefits of hard coatings has increased the importance as well as demand of hard coatings in Asia-Pacific countries, such as China, Japan, and South Korea.

Key players in the hard coatings market 

The key players in the global hard coatings market include OC Oerlikon Corporation AG (Switzerland), IHI Ionbond AG (Switzerland), CemeCon (Germany), IHI Hauzer Techno Coating B.V. (Netherlands), and Sulzer Ltd. (Switzerland).

Browse Related Reports: 

Anti-Corrosion Coating Market by Type (Epoxy, Polyurethanes, Acrylic, Alkyd), Technology (Solvent, Water, Powder) and End-use Industry (Marine, Oil & Gas, Industrial, Infrastructure, and Power Generation) - Global Trends & Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/anti-corrosion-coating-market-155215822.html

Ceramic Coatings Market by Type (Oxide coatings, Carbide coatings, Nitride coatings, and others), by Technology (Thermal spray, PVD, CVD, and Others), by Application (Transportation & Automotive, Energy, Aerospace & Defense, Industrial goods, Healthcare, and Others) - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/ceramic-coatings-market-70100429.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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