Major players in the ceramic coatings market include The Dow Chemical Company, Compagnie de Saint-Gobain SA, AW Chesterton Company, Bodycote plc, Aremco Products Inc., NANOSHINE GROUP CORP, XPEL, Inc., A&A Company Inc., and OC Oerlikon. Includes Corporation AG.
NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) — The global ceramic coatings market size is projected to expand at a CAGR of up to 7.5% during 2024-2036. The market is projected to garner revenue of USD 23 billion by the end of 2036. , which will increase to up to USD 10.5 billion in revenue in 2023. The increasing number of cars and trucks sold worldwide is driving the market growth. According to the report, more than 11.2 million cars were sold in Europe in 2022.
Request a free sample copy of this report @ https://www.researchnester.com/sample-request-4550
Additionally, the properties of ceramics make them adaptable for use in a variety of fields, including medical, automotive, defense, household products, and more. Increasing introduction of new products into the market along with applications in the defense industry are driving the market growth. For example, in 2021, 3M introduced ceramic coatings in its automotive and paint sectors in India to solve problems faced by exterior surfaces of cars. The new coating has a hydrophobic finish, making it suitable for water resistance and remaining durable.
Manufacturing growth in the aircraft industry is reinforcing the growth of the aircraft industry. ceramic coating market
The growing need for corrosion protection on aircraft surfaces is driving market growth. The increase in travelers is increasing traffic around the world, increasing aircraft production and increasing market demand. Additionally, the ceramic coating gives the airplane an aesthetic appearance. Therefore, other parts of the aircraft, such as the wings and fuselage, are also coated with ceramic. Ceramic coatings on aircraft fuel engines can also improve fuel efficiency and performance. For example, System .
ceramic coating Market: Regional Overview
Increase in number of construction projects accelerates market growth in Asia Pacific region
Asia Pacific ceramic coating market Due to high economic standards and increased investment in buildings and new housing, the demand for the construction sector in the region is increasing the market size. Additionally, vehicle ceramic paint coatings are also surging in market trends in the region during the forecast period. Additionally, the market growth is amplified by the increasing automobile import and export business in the region. According to the report, the growth rates of private residential, infrastructure, and commercial construction in Asia Pacific in 2022 were over 10%, 48%, and 13%, respectively.
Please contact us before purchasing this report @ https://www.researchnester.com/inquiries-before-buying-4550
Strengthen investment in defense and aerospace fields to strengthen market expansion in North America
Ceramic coatings market in North America region is expected to establish a market share of 20% during the forecast period due to increasing investments in defense and aerospace sectors. Additionally, the overall growth in the aerospace and defense sector is further accelerating market trends in the region. U.S. aerospace and defense exports increased by more than 10%, reaching $100 billion in 2021.
ceramic coating, Segmentation by application
Ceramic coatings in the automotive and transportation sector are expected to register a market share of 32% in the coming years. Rising demand for corrosion protection layers in vehicles is driving the growth of the market segment. Segmental growth in the market is also driven by the increasing purchase of used cars around the world. It has been reported that more than 15% of aircraft accidents occur due to corrosion fatigue.
ceramic coating, Segmentation by technology
Ceramic coatings in the thermal spray segment is expected to capture a notable market share of 50% by the end of 2036. The wide range of applications of thermal spraying, which can be used to coat any surface, is driving the growth of the market segment. Thermal spraying has the potential to enhance surface properties, strength, energy savings, corrosion protection, etc., increasing the size of the market segment.
Renowned industry leaders of the ceramic coatings market profiled by Research Nester include The Dow Chemical Company, Compagnie de Saint-Gobain SA, AW Chesterton Company, Bodycote plc, Aremco Products Inc., NANOSHINE GROUP CORP, XPEL, etc. . , Inc., A&A Company Inc., OC Oerlikon Corporation AG, et al.
Recent developments in the market
-
OC Oerlikon Corporation AG Acquired AMT AG through a contract. This ownership is intended to focus on the company's strategy to expand its surface solutions technology while improving availability of market applications and customer services.
-
XPEL Co., Ltd. has announced the expansion of its product portfolio with the addition of four new products to its automotive FUSION PLUS edition. The new portfolio includes his five new products that enhance safety on a variety of surfaces including glass, wheels, plastics, brake calipers, upholstery and more.
Read insightful blogs and data-driven case studies.
-
Science of silica ceramics
This blog explores the basics of silica ceramics and reveals its wide range of applications in various industries. Read this short text to deepen your understanding and explore new perspectives.
https://www.researchnester.com/blog/chemicals/speciality-and-fine-chemicals/science-of-silica-ceramics
-
How did ceramic matrix composites companies identify supply and demand triggers and integrate them for profitable and sustainable growth?
Our analysts provided customized Advanced Ceramics market analysis solutions. This allows the ceramic matrix composites company to reduce supply and demand risks, optimize inventory and manage supply.
https://www.researchnester.com/case-study/chemicals/advanced-materials/how-ceramic-matrix-composites-company-identified-its-supply-demand-triggers
About Research Nester
Research Nester is a one-stop service provider with a customer base in more than 50 countries, helping global industrial players, conglomerates and executives invest in their future while avoiding future uncertainties. We provide strategic market research and consulting with an unbiased and unparalleled approach. . With an out-of-the-box mindset in producing statistical and analytical market research reports, we help our clients make clear and smart business decisions while strategizing and planning for their upcoming needs. We provide strategic consulting to help you succeed in your future endeavors. We believe that any business can expand to new horizons if the right guidance is available at the right time through strategic thinking.
CONTACT: AJ Daniel Corporate Sales, USA Research Nester Email: info@researchnester.com USA Phone: +1 646 586 9123 Europe Phone: +44 203 608 5919
