Global Thermal Barrier Coatings Market, by Product Type, Coating Material, Technology, Application, and Geography - Trends and Forecast till 2025

Thermal barrier coatings are coatings applied to metal surfaces, operating at a high temperature such as part of gas engine turbines. These coatings are used owing to the ability to further increase engine operating temperatures and reduce cooling requirements, and therefore, achieve high engine efficiency, increases lifespan of components and lower emission. Growing automobile and aerospace industries is expected to aid in growth of the thermal barrier coatings market. However, high price of raw materials and manufacturing technologies of thermal barrier technologies, are factors expected to adversely affect growth of this market.

Market Dynamics

North America is expected to retain its dominance in the thermal barrier coatings market over the forecast period. This is mainly attributed to increasing sales of automobiles and technological advancement. In 2016, 17.6 million trucks and cars were sold according to the sales tracker Autodata, which is a slight increase over 17.5 million trucks and cars in 2015. In Asia Pacific, growing automobile and industrial sectors, are projected to aid in growth of thermal barrier coatings market. The players in global thermal barrier coatings market are primarily focusing on R&D activities to develop advanced thermal barrier coatings.

Key features of the study:

• This report provides in-depth analysis of thermal barrier coatings and
• provides market size (US$ Million), Kilotons (KT) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global thermal barrier coatings market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Metallisation Ltd, Praxair Surface Technologies, A&A Thermal Spray Coatings, H.C. Starck Inc., THERMION Inc., Air Products and Chemicals, Inc., Flame Spray Coating Co., ASB Industries, Inc., The Fisher Barton Group. And Metallizing Equipment Co. Pvt. Ltd.
• Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
• The global thermal barrier coatings market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the thermal barrier coatings market

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