Thermal Barrier Coatings Market 2019 Regional Trend | Growth Projections to 2025
An analysis of Thermal Barrier Coatings Market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period.
Selbyville, United States – June 27, 2019 /MarketersMedia/ —
By technology, thermal barrier coatings market is categorized into air plasma spray, electron-beam physical vapor deposition, chemical vapor deposition, high velocity oxy-fuel and others. Among these, air plasma spray and electron beam physical vapour deposition technologies has a healthy growth potential in the coming years owing to the increased R&D spending in these technologies by companies in the value chain.
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Global Thermal Barrier Coatings Market size is expected to witness a significant growth from 2016 to 2024. Increasing use of vapour deposition and air plasma technologies for coating applications and growing demand for gas turbine applications in various industries will drive the market in the coming years.
The products are being increasingly used in the automotive industry to reduce heat loss from engine exhaust. Global automotive industry has been witnessing strong growth in recent years due to improving economic conditions and purchasing power of people in developing economies. Global passenger car sales rose from around 56 million units in 2010 to more than 69 million units in 2016. Likewise, heavy and medium weight commercial vehicle sales increased to over 24 million in 2016 from close to 19 million in 2010. This growth is expected to propel the thermal barrier coatings market during the forecast period.
The Thermal Barrier Coatings Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Thermal Barrier Coatings Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends
4. Thermal Barrier Coatings Product Insights
5. Thermal Barrier Coatings Application Insights
6. Thermal Barrier Coatings Regional Insights
7. Competitor Profiles
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North American thermal barrier coatings market will grow at a significant rate in the forecast years mostly due to the product use in stationary power plants. Asia Pacific is also likely to observe healthy growth due to the widespread presence of end user industries such as automotive and stationary power plants.
China will account for a significant share of the regional market due to the booming automotive industry in the country and increased defence spending in aviation and marine sectors. Latin American thermal barrier coatings market will also witness steady growth owing to the presence of emerging economies in the region while Europe is likely to experience moderate growth because of market stability in the demand for power plants.
Reasons to Buy This Report:
1. Thermal Barrier Coatings Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Thermal Barrier Coatings Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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Key thermal barrier coatings market players are Praxair Surface Technologies, ASB Industries Inc, TST Engineered Coating Solutions, H.C. Starck Inc, Metallisation Ltd, Air Products & Chemicals, Precision Coatings, and TWI Ltd.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
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Organization: global market insights
Website: https://www.gminsights.com/industry-analysis/thermal-barrier-coatings-market
Source: MarketersMedia
Release ID: 88890446
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