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High-performance Ceramic Coatings Market - Industry Detailed Analysis and Forecast by 2020

Press Release   •   Jan 12, 2017 19:05 IST

High-performance ceramic coatings (HPCC) are generally thin layers of ceramic coated on metal or ceramic substrates to offer better resistance against wear, corrosion and temperature. HPCC is considered one of the most important segments in the advanced ceramics industry. High-performance ceramic coatings offer protection against corrosion and erosion in a wide range of applications. These coatings have the ability to sustain at elevated temperatures of up to 15000C. Additionally, these coatings offer resistance to thermal shocks and provide protection to vulnerable components. The materials used in the formulation of coatings include oxides, carbides, nitrides, alumina, yittria and zirconium.

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Based on technology, the high-performance ceramic coatings market is classified into thermal spray coatings, physical vapor deposition (PVD), chemical vapor deposition (CVD) and sol-gel processing, among others. The thermal spray coatings segment has been accounting for the largest demand for high-performance ceramic coatings over the past few years. Chemical vapor deposition (CVD) was the second-largest technology in the high-performance ceramic coatings market. It accounted for around 16% of the global HPCC market in 2013. The technology is likely to lose its market share over the forecast period due to increased demand for eco-friendly technologies. Physical vapor deposition (PVD) is anticipated to be the fastest growing technology in the high-performance ceramic coatings market. PVD technology has the ability to utilize any type of coating material on various substrates. Hence, PVD is considered a lucrative technology by coating services providers and manufacturers. Other technologies such as sol-gel processing, electroplating, and hybrid physical-chemical vapor deposition (HPCVD) have been gaining increasing importance in the high-performance ceramic coatings market over the past few years.

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The global high-performance ceramic coatings market is expanding due to need for superior thermal protective automotive and aerospace engine components. Engine components such as combustion chamber, cylinder, valves and pistons are coated with high-performance ceramic coatings. These coatings can sustain elevated temperature levels of up to 15000C. Rising demand for high-performance ceramic coatings in the electronics industry, especially for Si wafer and LCD manufacturing equipment, is likely to offer higher opportunities for the market. Additionally, development of nanoceramics is considered one of the key aspects for growth of the high-performance ceramic coatings market. However, high cost of high-performance ceramic coatings, lack of skilled labor, high cost of ownership and technology issues are likely to hamper market growth during the forecast period.

Automotive accounted for the largest demand for high-performance ceramic coatings in 2013. Demand for high-performance ceramic coatings was high especially in engine components and exhaust tailpipes used in motorsport and high-performance cars. Aviation industry accounted for the second-highest demand for high-performance ceramic coatings in 2013. Need of high-performance aircraft engines has been key factor in driving the growth of HPCC market. Chemical equipment and medical & healthcare industries were among the major end-users of high-performance ceramic coatings in 2013. Other end-users for high-performance ceramic coatings comprise electronics, power generation and energy sector among others.

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North America accounted for the highest demand of approximately 34% for high-performance ceramic coatings in the global market in 2013. Demand for these coatings in the region is high due to growth in automotive and aviation industries. North America was followed by Europe. Demand for high-performance ceramic coatings in the region is rising due to increasing demand for these coatings in automotive and aircraft engines. Asia Pacific is expected to be one of the fastest growing markets for high-performance ceramic coatings during the forecast period. Rest of the World is likely to exhibit stable demand for high-performance ceramic coatings in the next few years.

Companies such as APS Materials, Inc., Bodycote Plc, Ceramic Polymer GmbH, Praxair Surface Technologies Inc., Oerlikon Metco, Saint-Gobain S.A., and Zircotec Ltd. are the major manufacturers in the high-performance ceramic coatings market.

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