Global High-Performance Ceramic Coatings Market - 2020-2027
High-performance ceramic coatings are ceramic substrates coated with thin ceramic layers that offer enhanced resistance to high temperatures, wear, and corrosion than other conventional ceramics. Moreover, the ideal ceramic coating has a wide range of properties such as good mechanical properties over a wide temperature range, resistance to thermal and mechanical cycling, good dense layers, hardness and resistance to wear, chemical inertness and thus resistance to corrosion and high-temperature oxidation, resistance to erosion, resistance to atomic diffusion and inter-diffusion at high temperatures. Such an ideal coating material does not exist. In addition, it is often necessary to find a suitable coating such that the combined coating/substrate system can satisfy the operating conditions depending on the working environment, the substrate material, the coating availability and economics.
The global high-performance ceramic coatings market is estimated to reach USD XX billion by 2027 from the recorded market size of worth USD XX billion in 2019, growing at a CAGR of XX% during the forecast period.
The growing demand for high-performance ceramic coatings in the automotive sector is expected to increase the market growth during the forecast period due to its significant application such as low friction, substantially improved component lifetime, increases bond strength, protection from highly corrosive environments & chemical attack, superior sliding wear resistance and high electrical resistivity is the key driver for this market. Moreover, the increasing demand for the excellent thermal barrier is expected to drive the high-performance ceramic coatings' market growth during the forecast period. For instance, aircraft engines are highly exposed to extreme temperature levels and a corrosive environment to enhance aircraft engines' reliability and durability; a high-performance ceramic coating is used. These coatings are for the jet turbine blades to improve engine efficiency and protect them from elevated temperature gases. According to industry analysis, the global automotive market is expected to reach USD 3,790 billion by 2030, from the recorded value of USD 2,680 billion with a CAGR of 2.9%.
However, the lack of skilled labor for applying high-performance ceramic coatings and high cost is expected to hinder the market growth during the forecast period.
By product type, the market is segmented into oxide, carbide, nitride and others. By technology, the market is segmented into chemical deposition, physical vapor deposition, thermal spray and others. By type, the market is segmented into wear-resistant ceramic coatings, corrosion-resistant coatings and thermal barrier coatings. By end-user, the market is segmented into oil & gas, textile, aerospace & defense, automotive, energy, healthcare, petrochemical and others.
Advanced thermal barrier coating technology has been listed as one of the three key technologies for advanced aero-engine turbine blades with high-efficiency air-cooling and high-temperature structural materials. It utilizes ceramic materials with low thermal conductivity and high-temperature resistance combined with metal, which can effectively reduce the metal surface temperature in a high-temperature environment and extending the working life of metal parts. Moreover, ceramic materials used in thermal barrier coatings need to have a coefficient of thermal expansion that matches the matrix material and resistance to high-temperature corrosion, low thermal conductivity & phase stability. The generally used thermal barrier coating ceramic materials such as Al2O3, SiO2 and ZrO2, in which zirconia ceramics have low thermal conductivity and high melting point. However, ZrO2 has an allotropic transformation at high temperatures, and phase change causes a volume change to crack or peel off the coating easily.
Furthermore, the TBCs can significantly reduce the substrate temperature, chemical stability, hardness and the advantages of preventing high-temperature corrosion, prolonging the hot end parts' service life, reducing fuel consumption and enhancing engine power.
Asia-Pacific dominates the high-performance ceramic coating market due to increased consumption of coatings in various industries such as automotive, aerospace & defense and healthcare industries. Moreover, the growing investments by major market players for the R&D activities and expansion of their production capabilities and product portfolios are expected to increase the market growth. In addition, increasing demand for high durability coating materials in the electrical & electronics industries is expected to drive the market growth during the forecast period.
North America is expected to be the fastest-growing market growth for high-performance ceramic coatings during the forecast period due to increased aerospace and defense equipment. Moreover, the U.S. federal government framed the National Space Policy (NSP) for encouraging investment both in the military & civilian space programs. Such initiatives are anticipated to strengthen other North America's position in the global market. In addition, the North American market value of high-performance ceramic coatings is expected to reach USD 2.2 billion from the recorded value of USD 1.4 billion during the forecast period.
The high-performance ceramic coatings market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Bodycote, A & A Company, Inc., APS Materials, Inc., Aremco Products, Inc., Praxair Surface Technologies Inc., Ceramic Polymer GmbH, Oerlikon Metco, Saint-Gobain S.A., Swain Tech Coatings, Inc., Zircotec Ltd. are the major players in the coatings market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the high-performance ceramic coatings market globally.
Bodycote offers a unique range of thermochemically formed ceramic coatings to prevent wear and corrosion in a wide variety of industrial applications and every type of surface. In addition, the coating includes the K-Tech coatings range, which is uniquely developed for applications in specific industries. Moreover, chromium oxide ceramic material is thermochemically bonded to customer-specified areas on a part, including internal diameters, external diameters and some out-of-sight holes & ports. Also, individual ceramic particles are sub-micron in size and consist of mixtures of selected ceramic materials bonded together. In addition, thermochemically formed ceramic coatings offer a solution for wear & corrosion problems across a wide range of market sectors and applications, delivering up to 24 times longer lifetimes for your components. Providing hardness of up to 2840 Hv, bond strength over 10,000 PSI and salt spray resistance of over 3,000 hours,
Furthermore, Bodycote ceramics range are applied with no measurable build-up and offer resistance to thermal cycling/shock & low friction, adjustable surface finishes. Moreover, Bodycote has introduced Tech100 Polymer, a liquid dispersion coating based on PEEK™ polymer, one of the world's best-performing thermoplastics. FDA-approved, Tech100 offers exceptional scratch, wear & corrosion resistance, and outperformed peer coatings in wear and abrasion tests.