The North America Ceramic Coating Market is Estimated to Reach $2,120.9 million by 2018 - New Report by MicroMarket Monitor
(PRWEB) October 30, 2014 -- The North America ceramic coating market report defines and segments the concerned market in North America with analysis and forecast of revenue.
Browse through the TOC of the North America 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.
http://www.micromarketmonitor.com/market/north-america-ceramic-coating-2144775457.html
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 coating products to maintain a sustainable development.
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Globally, the North American market has been a leader with respect to product innovation as well as quality and application development. The region is characterized by strict environmental regulations regarding the base of the formulations. This has created an entry barrier for the formulators. The North American ceramic coating market covers countries such as the U.S., Canada, and Mexico. The major country in the market includes the U.S., which has state-of-the-art infrastructure, which in turn attracts the manufacturers to start production with new technologies. The industrial machinery segment is also growing in the region, due to the availability of raw materials thereby, increasing the consumption of ceramic coating in the region. The market has undergone through continuous R&D from top players, and huge investments are planned which would also cater more demand in the coming years.
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The report covers the North American 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 :
Europe 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 Europe Ceramic Coating market was valued at $1,763.94 million in 2013 and is expected to reach $2,496.63 million by 2019, at a CAGR of 5.77%. The rapid increase in industrialization, growth of automotive and aerospace industries has lead to the growth of European 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.
The Western Europe is a matured market and Central and Eastern Europe is an emerging market. Germany is the largest market for ceramic coatings in Europe, estimated at a market volume of 16.02 KT in 2013, followed by France and UK.
http://www.micromarketmonitor.com/market/europe-ceramic-coating-2383317749.html
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