High-Performance Ceramic Coatings: Markets and Technologies
The North American market for high-performance ceramic coatings was worth more than $1.1 billion in 2012. This figure is expected to increase to $1.2 billion in 2013 and nearly $1.7 billion by 2018, with a projected five-year compound annual growth rate (CAGR) of 6.6%.
- An industry overview of ceramic coatings delivered by thermal spray, physical vapor deposition (PVD), chemical vapor deposition (CVD) and other techniques, including spraying/dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment and laser-assisted techniques.
- Information regarding the current size and future growth of the markets for ceramic thermal spray, PVD, CVD and other coatings services.
- A technology overview, including material types, properties and applications for ceramic coatings.
- Analysis of domestic competition among companies within each of the ceramic coating service segments.
- Profiles of equipment manufacturers, service providers and suppliers of consumables among ceramic thermal spray, PVD, CVD and other coating techniques.
This BCC Research study was conducted with a global perspective in terms of materials and their applications. Market projections have been conducted for North America. All market table values are in 2012 U.S. dollars.
The report provides business planners and managers with an improved understanding of the direction and impact of high-performance ceramic coating technologies, and how markets will be affected and new opportunities created.
The report contains:
- An in-depth analysis of the technologies used for high-performance ceramic coatings.
- An overview of materials for high-performance ceramic coatings and their properties.
- New developments and recent patents in high-performance ceramic thermal spray, PVD, CVD and other coating techniques.
- Current and potential applications for high-performance ceramic coatings.
- Current and future market projections for ceramic coatings in all their major applications.
- Profiles of current industry players, including suppliers of equipment, consumables, coating service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.
- BCC Research feels, therefore, that the qualitative and quantitative judgments embodied in this report are a valuable contribution to the current knowledge of high-performance ceramic coatings.
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
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The North American market for high-performance ceramic coatings was worth $1.3 billion in 2010 and $1.4 billion in 2011. It is expected to grow to more than $2.0 billion by 2016, a projected five-year compound annual growth rate (CAGR) of 7.4%.
The North American market for high–performance ceramic coatings was worth an estimated $1.42 billion in 2008. This figure is expected to fall slightly to $1.4 billion for 2009, but should rise to more than $2.0 billion by 2014 at a projected 5–year compound annual growth rate (CAGR) of 7.6%.
Thermal spray coatings dominate the market, with about 67% of total sales in 2008, projected to increase to 70% by 2014. The value of this sector was $953 million in 2009 and will reach an estimated $1.4 billion by 2014, a compound annual growth rate (CAGR) of 8.1%.
CVD accounted for the second–largest share of the market in 2008 at 15%, but is expected to drop into third place behind PVD with 11% of the market in 2014. The CVD market was worth $183.4 million in 2009 and will increase to an estimated $220.7 million in 2014, a compound annual growth rate (CAGR) of 3.8%.
The North American market for high-performance ceramic coatings was an astimated $1.3 billion in 2006. This figure is expected to rise to nearly $1.4 billion in 2007 and $1.9 billion by 2012, a projected compound annual growth rate of 6.0% over the next five years.
Thermal spray coatings dominate the market, with about 65% of total sales. CVD accounts for the second-largest share of the market with nearly 16% in 2006, although this percentage is expected to decline slightly to 14% by 2012.
The share of PVD, the third-largest technology segment, is projected to remain rougly steady at slightly over 12% between 2006 and 2012.
The North American market for high-performance ceramic coating services in 2004 is estimated at $1.1 billion. This is expected to increase to $1.6 billion by 2009 at an annual average growth rate (AAGR) of 7.6%.
Thermal spray coatings will register an AAGR of 8.5% due to increased demand for commercial and military aircraft in the next five years led by demand in Asia
PVD and CVD will register lower growth rates (5.8% and 5.0%, respectively) over the next five years.
In 2004, about 64% of the market belonged to the coating of engine components. Cutting and turning tools contributed about 17% of the market and wear-resistant and industrial parts, 14.6%. By 2009, engine applications will rise to 68%.