The Europe Ceramic Coating Market is Estimated to Reach $2,368.3 Million by 2018 - New Report by MicroMarket Monitor
(PRWEB) October 30, 2014 -- The Europe ceramic coating market report defines and segments the concerned market in Europe with analysis and forecast of revenue.
Browse through the TOC of the Europe ceramic coating market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
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Ceramic coatings are generally applied on metallic alloy components or on ceramic components. They include compositions based on alumina, alumina-magnesia, chromia, hafnia, silica, silicon carbide, titania, silicon nitride, zirconia, and many others. Ceramic coatings are generally used for high temperature, and corrosion-resistant applications. Ceramic coatings deliver different levels of performance in major application areas; the transportation and automotive sector finds maximum application of such ceramic coatings. In recent years, companies have started focusing on environment-friendly ceramic coatings for sustainable development in the market.
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Europe is one of the key markets for ceramic coating. The countries in the European market include Germany, France, the U.K., and Russia, in which Germany is the highest consumer of ceramic coating in the region in terms of revenue. In order to maintain the competition in the market, the manufacturers of ceramic coating must offer both high-performance and environmental-compliance products, and also emphasize on R&D. Innovation in the industry, and the attempts by coating providers to capture consumer attention in the market, particularly in developed countries, are expected to increase the ceramic coating market growth.
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The report covers the European ceramic coating market which is segmented on the basis of type, application, and geography. The market segmented on the basis of applications cover aerospace & defense, industrial machinery, medical devices, power & energy industry, and transportation. Further, the market segmented on the basis of type include carbide ceramic, nitride ceramic, oxide ceramic, and others.
Related Reports :
North America Ceramic Coating Market
Ceramic coatings are electrically non conductive (making them excellent insulators), have a significantly higher level of abrasion resistance than most metals, and are capable of maintaining their integrity under severely elevated temperatures, sometimes up to 4,500 degrees Fahrenheit. Ceramic coatings generally provide wear resistance, high temperature, and corrosion resistant applications. All ceramic coatings deliver some level of performance in each of these three major areas.
The North America Ceramic Coating market was valued at $1,521.33 million in 2013 and is expected to reach $2,256.59 million by 2019, at a CAGR of 6.74%. The rapid increase in industrialization, growth of automotive and aerospace industries has lead to the growth of North America ceramic coatings market.
Ceramic coatings are inorganic materials that are processed and used at high temperatures. These are usually applied on metallic surfaces in automobiles, aerospace, industrial equipment to protect the metallic surfaces from corrosion, high temperature, and wear and tear.
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