North American Market For High-Performance Ceramic Coatings To Reach $2 Billion In 2016
April 18, 2012
Wellesley, Mass. – According to a new technical market research report, HIGH-PERFORMANCE CERAMIC COATINGS: MARKETS AND TECHNOLOGIES (AVM015F) from BCC Research (www.bccresearch.com), the North American market for high-performance ceramic coatings was worth more than $1.3 billion in 2010. This figure is expected to increase to more than $1.4 billion in 2011 and to more than $2 billion by 2016 at a projected five-year compound annual growth rate (CAGR) of 7.4%.
The ceramic coatings market can be broken down into four segments by coating technology: thermal spray, PVD (physical vapor deposition), CVD (chemical vapor deposition), and other.
Thermal spray accounted for $935.2 million in 2011 and is expected to reach nearly $1.4 billion in 2016, a CAGR of 7.8%.
The PVD segment, worth $208.4 million in 2011, should experience a CAGR of 7.2% to reach $294.6 million in 2016.
The CVD segment was worth $207.3 million in 2011 and by 2016 should have a value of $256 million, representing a CAGR of 4.3%.
The last segment, made up of other spray techniques or processes, totaled $69.2 million in 2011 and by 2016 should reach a value of $114.8 million, a CAGR of 10.7%.
Surface modification using ceramic coatings has achieved an important place in the industrial environment over the past several decades. High-performance ceramic coatings constitute a mature but still expanding industry with a broad list of current and potential applications, continuously emerging coating techniques, and a growing list of materials compositions.
This study is directed to the various strata of companies and institutions interested in ceramic coatings, including those involved in developing, manufacturing, and supplying advanced materials; those involved in the development and manufacture of high-performance metallic and ceramic components; suppliers of advanced ceramic powders and components; manufacturers and suppliers of thermal spray, PVD, CVD, and ionic beam and laser beam coating equipment; producers of vacuum equipment; and suppliers of coating consumables.
MARKET SHARE OF NORTH AMERICAN HIGH-PERFORMANCE CERAMIC COATING TECHNOLOGIES, 2010-2016
(% TOTAL MARKET)
Source: BCC Research
High-Performance Ceramic Coatings: Markets and Technologies( AVM015F )
Publish Date: April 2012
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA 02481, Telephone: 866-285-7215; Email: email@example.com as the source and publisher. Thank you.