High-Performance Ceramic Coatings Market, By Technology (Thermal spray coatings, Physical Vapour Deposition (PVD), Chemical Vapour Deposition (CVD), and Sol-gel Processing), By End-User (Automotive, Aviation, Chemical Equipment, Medical & Healthcare, and Others (electronics and power generation)), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2030

High-performance ceramic coatings are a group of materials having diverse structures and properties. These coating materials are used for corrosion resistance, high temperature resistance, and wear resistance applications. High-performance ceramic coatings insulation decrease fuel consumption, shorten ignition delay period, and reduce heat loss. Some of the major high-performance ceramic coatings materials include yttria-stabilized zirconia, zirconates, alumina, and mullite. On-going research and development activities toward improving the efficiency of gas turbine engines for aviation applications exhibit a demand for high performance materials that can resist high combustion temperatures. These high-performance ceramic coatings are also employed in aircraft engines majorly which increases fuel economy and efficiency and reduce emissions.

Rising demand for superior thermal protection materials for manufacturing of better automotive and aerospace industries components is a major factor driving the growth of the high-performance ceramic coatings market. In addition, common engine components and combustion chambers are coated with high-performance ceramic coatings to sustain a high temperature condition which is boosting the target market growth. Furthermore, increasing demand for advanced coatings materials in electronics industry, especially for production of LCD panels and silicon wafers is an additional factor expected to fuel the growth of the target market globally.

Restrains:

Moreover, initiation and developments on nanoceramics materials are additionally regarded as a key factor expected to propel the growth of the global market over the forecast period. However, high cost associated with high-performance ceramic coatings materials, ownership and technology issues are major factors restraining the target market growth. In addition, lack of skilled labour is expected to hamper high-performance ceramic coatings market growth in the next ten years.

High-performance ceramic coatings market is segmented into technology, end-user, and region. Based on the technology, the global market is bifurcated into thermal spray coatings, physical vapour deposition, chemical vapour deposition, and sol-gel processing. On the basis of end-use, the target market is sub-divided into automotive, aviation, chemical equipment, medical & healthcare, and others.

Regional Insights:

On the basis of region, the global high-performance ceramic coating market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America high-performance ceramic coatings market is the largest market in terms of revenue and is anticipated to maintain its dominance over the forecast period. This is due to growing demand for high-performance ceramic coatings from various automotive and aviation sectors in the countries in this region. Europe, with significant contribution from Germany, is the automotive hub of the world and is also expected to have significant expansion of high-performance ceramic coatings during the forecast period. Asia Pacific high-performance ceramic coatings market is projected to record highest growth in terms of revenue in the coming years.

Key players in the high-performance ceramic coatings market are APS Materials, Bodycote PLC, Saint-Gobain, Zircotec, PPG Industries, Inc., Swain Tech Coatings Inc., A&A Thermal Spray Coatings, Ceramic Polymer GmbH, Praxair S.T. Technology, Inc., and Oerlikon Surface Solutions AG.