Key players in the Europe Ceramic Coating Market are Bodycote plc, Kurt J. Lesker Company Ltd., Morgan Technical Cermamics & others.
(PRWEB) December 09, 2014
The European Ceramic coatings market is anticipated to witness an exponential growth in the future, due to the continuous and steady demand of these materials from the automotive sector in this region.
Browse through the TOC of the Europe Ceramic Coating Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
Ceramic coatings constitute a large family of materials with diverse compositions and properties. They include compositions based on alumina, alumina-magnesia, chromia, hafnia, silica, silicon carbide, titania, silicon nitride, zirconia among others. Ceramic coatings are generally applied on metal or metallic alloy components, or on ceramic components.
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Germany is the largest market for ceramic coatings in Europe, followed by France and the U.K. The energy sector is considered as the most dominant application in this region, which is projected to grow at a CAGR of 6.85% from 2014 to 2019. As the German automotive industry is progressing at a rapid pace, the overall demand of ceramic coatings in this region is poised to increase, thereby stimulating the market growth of Europe ceramic coatings.
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The data provided in the report has been validated through various secondary sources, such as company annual reports, directories, technical handbooks, industry association publications, Journals of American Ceramic society, world economic outlook, trade websites, and databases, with sole purpose of identifying and collecting authentic information useful for the study of European Ceramic coatings market. The primary sources such as industry experts and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.
The report covers the European Ceramic Coatings Market, which is segmented on the basis of application, type, technology, and geography. According to application, this market is classified into transportation, power & energy, aerospace & defense, industrial machinery, medical devices among other applications. Oxide ceramic coatings, carbide ceramic coatings and nitride ceramic coatings are the major types of ceramic coatings that are highlighted in this report.
North America Ceramic Coating Market
Ceramic coatings are electrically nonconductive (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.
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