FORT WORTH, Texas, December 9, 2014 /PRNewswire/ --
The North American Ceramic Coatings Market is estimated to reach $2212.1 million by 2019 at a CAGR of 6.9% between 2013 and 2018. North America is the third-largest consumer of ceramic coatings globally, with approximately 23.0% of global demand. U.S. is the largest market for ceramic coatings in North America in terms of both value and volume, followed by Mexico and Canada.
Browse through the TOC of the North American Ceramic Coatings Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Key players in the North America Ceramic Coating Market are Praxair Surface Technologies Ltd, E.I. du pont de Nemours & Company, APS Materials Inc., Cetek Ceramic Technologies Ltd & others.
Ceramic coatings are generally used for providing wear resistance, high temperature resistance, and corrosion resistance. All ceramic coatings deliver a significant result in each of these three key performance areas.
Transportation & Automotive is the largest application followed by Energy in the year 2014. However, in terms of the growth, Healthcare (Medical devices) will take over these two applications in future as a result of the increasing demand from this sector.
U.S. also dominates the global market, and is estimated to register a significant CAGR in terms of value for the period 2014-2019. U.S. market will continue to be a leader in terms of value in 2019.
This study aims to estimate the North America market and identify the estimated demand of the same by 2019. It provides an analytical and decisive perspective towards ceramic coatings market by segmenting it in terms of technology and end-users in North America. Applications and Technologies have been analyzed based on present and future trends, and the CAGR for the market has been estimated for the period between 2014 and 2019. Country-wise segmentation includes the current and forecast demand for the U.S., Canada, and Mexico.
Oxide ceramic coatings, carbide ceramic coatings, and nitride ceramic coatings are the main types of Ceramic Coatings that are covered in the report. The various applications include Transportation, Power & Energy, Aerospace & Defense, Industrial machinery, Medical devices, and other applications.
The Europe Ceramic Coating Market was valued at $1,763.94 million in 2013 and is expected to reach $2447.7 million by 2019, at a CAGR of 6.1%. The rapid increase in industrialization, growth of automotive and aerospace industries has lead to the growth of European ceramic coatings market.
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