End-User Industry (Automotive, Aviation, Chemical Equipment, Medical)
The automotive segment in the high performance ceramic coatings market is estimated to gain a robust revenue share of 40 % in the coming years. The increasing demand for fuel-efficient vehicles is anticipated to create numerous opportunities for the growth of the segment in the coming years. For instance, the demand for fuel efficiency in vehicles can be achieved by using high performance ceramic coatings insulation decreases fuel consumption by creating a barrier between the car and the air, which helps to keep heat from escaping. For instance, there is at least one vehicle in the year 2021 among 91 % of the households in America.
Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition)
High performance ceramic coatings market from the thermal spray segment is set to garner a notable share in the near future. The growth of the segment is driven by rising demand for thermal spray in medical. For instance, thermal spray coatings are versatile and extensively used on medical equipment for a variety of reasons they also aid surgical instruments and biomedical devices to resist wear and tear, prevent corrosion, and increase overall durability and performance.
Our in-depth analysis of the global high performance ceramic coatings market includes the following segments:
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Author Credits: Rajrani Baghel
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