Thermal Barrier Coatings Market - Forecasts from 2018 to 2023
The Thermal Barrier Coatings market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Thermal barrier coatings are advanced materials that are applied to metallic surfaces as a form of exhaust heat management. Expansion of the automobile industry and increasing demand for the gas turbine is considered as the driving factor for the growth of the market. Technological advancement in the automobile industry and growing demand for advanced coating technologies also fuels the growth of the market. However, fluctuations in the prices of raw materials are expected to restrain the growth of the market. The thermal barrier coatings market in the APAC region is anticipated to expand at a rapid pace during the forecast period due to growing industrialization and expansion of the automotive industry in the region.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottoms-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Thermal Barrier Coatings value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Thermal Barrier Coatings market.
Major industry players profiled as part of the report are A&A Company, H.C. Starck Inc., Metallizing Equipment Co. Pvt. Ltd., Precision Coating, Inc., Praxair Surface Technologies and TWI Ltd among others.
The Thermal Barrier Coatings market has been analyzed through following segments:
By Coating Material
Middle East and Africa
Key insights offered
What will be the Thermal Barrier Coatings market size from 2017 to 2023?
How are the major drivers and restraints affecting the Thermal Barrier Coatings market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
H.C. Starck Inc.
Metallizing Equipment Co. Pvt. Ltd.
Precision Coating, Inc.
Praxair Surface Technologies
ASB Industries Inc.
Cincinnati Thermal Spray, Inc.
Air Products & Chemicals