Application (Automotive & Transportation, Energy, Aerospace & Defense, Industrial Goods, Healthcare)
The automotive & transportation segment is anticipated to hold 32% share of the global ceramic coatings market. Increasing demand for vehicles to offer a layer of corrosion prevention can be attributed to this growth. In order to provide a corrosion-free protection layer, these coatings are most often used on vehicles' bodies. In other words, in 2021 the global sales of cars reached 57,399,478 units whereas by 2020 they were 54,919,156. Similarly, an increase of almost 57,058,298 units from 55,905,987 in 2020 was estimated for the world's vehicle production in 2021.
Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition)
Ceramic coatings market from the thermal spray is expected to garner a significant share of around 50% in the year 2037. A large density of the thermal spray, which is capable of delivering enhanced surface characteristics, corrosion resistance, capacitance strength and so on, can be considered as a driver for segment growth. In addition, almost all material surfaces can be covered with this method of application. In the coming year, it is therefore expected that this factor will also increase segment growth.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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