Ceramic Coating can be used in various industries. It can be derived by devising various technologies such as thermal spray, physical vapour deposition (PVD), chemical vapour deposition (CVD), and others. Other techniques involve dipping, sol-gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques.
The global ceramic coatings market is expected to grow at a CAGR of 7.50% from 2015 to 2020 to reach a value of $10.12 Billion. The transportation & automotive industry is one of the major factors responsible for this growth. A large number of new product launches, and expansions in the last five years point towards the strong growth of this market in the near future.
The global ceramic coatings market is expected to grow at a CAGR of 7.50% from 2015 to 2020 to reach a value of $10.12 Billion. The transportation & automotive industry is one of the major factors responsible for this growth. A large number of new product launches, and expansions in the last five years point towards the strong growth of this market in the near future.
“Asia-Pacific is the key market for ceramic coatings.”Asia-Pacific dominated the ceramic coatings market in 2014 and accounted for over 40% of the market by value. The market for China was the biggest in Asia-Pacific in 2014 and is projected to grow at a CAGR of 8.48 in terms of consumption between 2015 and 2020. On the other hand, the rest of the world which includes the Middle East, Africa and, Latin and South America, is expected to witness the highest growth rate by 2020. The major applications of ceramic coatings are in the transportation & automotive, energy, aerospace & defense, industrial tools, healthcare sectors.
Ceramic Coating First used at the time of World War I, ceramic coatings were developed for the protection of low-carbon steel for high-temperature applications ,
With high usability of these coatings for the automotive, aircraft, and semiconductor industries, the high-performance ceramic coatings industry has excellent growth prospects in the years to come. In automotive, vanes, engine components, turbine blades, and other vehicle equipment are the components, wherein ceramic coating is used for excellent thermal as well as protection against corrosion and wear and tear.
In automotive, if used as an exhaust coating it helps to reduce the under bonnet temperatures, increase the performance of the engine, help resolve engine packaging problems, and enhance engine compartment safety. As prescribed by statutory mandates, ThermoHold®, which is the proprietary formulation, the ceramic coatings based on this can only be applied by Zircotec. The undergoing advancement includes a series of patent applications to protect Zircotec’s technology.
“Oxide Coatings is the largest segment by type, and thermal spray dominates as the key technology in the ceramic coatings market.”
Thermal spray held the largest market share by value for the ceramic coatings in 2014 and accounted for 66.59% share by value. The highest growth rate till 2020 in the ceramic coatings market is projected to come from the others segment which includes coatings like diamond-like carbon coatings, anti-microbial coatings, phosphate coatings and so on. These are used in different industrial applications which are projected to continue to expand in the coming years. Oxide coatings dominate the ceramic coating market by type in terms of value and consumption.
Uses of AviationInterest in increasing the efficiency of gas turbine engines for aviation applications has prompted research into higher combustion temperatures. Turbine efficiency is strongly correlated with combustion temperature through the completeness of the combustion reaction. Lower temperature combustion breaks fewer hydrocarbon bonds and ultimately produces less thrust requiring more fuel.[2] Thermal barrier coatings are commonly used to protect nickel-based superalloys from both melting and thermal cycling in aviation turbines. Combined with cool air flow, TBCs increase the allowable gas temperature above that of the superalloy melting point.
To avoid the difficulties associated with the melting point of superalloys, many researchers are investigating ceramic-matrix composites (CMCs) as high-temperature alternatives. Generally, these are made from fiber-reinforced SiC. Rotating parts are especially good candidates for the material change due to the enormous fatigue that they endure. Not only do CMCs have better thermal properties, but they are also lighter meaning that less fuel would be needed to produce the same thrust for the lighter aircraft.[3] The material change is, however, not without consequences. At high temperatures, these CMCs are reactive with water and form gaseous silicon hydroxide compounds that corrode the CMC.
Following are Key Competitors Competitive scenarios of the key players in the ceramic coatings market have been discussed in detail. Leading players in this market, including APS Materials Inc., Bodycote PLC, Praxair Surface Technologies Inc., Kurt J. Lesker Co., with their recent developments and other strategic activities are also profiled in the report.
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