The global ceramic coatings market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. Hence owing to the development and manufacturing of innovative solutions the ceramic coatings market is augmenting its growth over the forecast period.
Browse the full report description “Global Ceramic Coatings Market Size, Share & Trends Analysis Report by Technology (Chemical Vapor Deposition, Physical Vapor Deposition, Electrophoretic Deposition, and Thermal Spray), by Coating Type, (Oxide Coating, Carbide Coating, Nitride Coating, and Others), and by End-User Industry (Electrical & Electronics, Transportation, Medical, Defense & Security, Environmental, Chemical, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/ceramic-coatings-market
In May 2021, Fralock Holdings, LLC acquired Ceramic Tech Incorporated, which is engaged in pre-fired machining, pressing, sintering, creating specialized formulations, and grinding for leading global OEMs. Stratamet Advanced Materials, a company generating high-purity semiconductor grade ceramic materials, was also a part of the acquisition.
In April 2021- Coorstek, declared an increase in its manufacturing footprint in Benton, Arkansas. In 2020, construction was completed on a USD 26.0 million building increase at the Benton facility for additional manufacturing operations in the aerospace and defense markets. The expansion will amount to US $9.0 million in investments at the 230,000-square-foot facility.
In March 2021, IGL Coatings announced the formal introduction of its flagship product, the graphene-reinforced Ecocoat Kenzo. The Gold Medal Award for Green Technology for the International Innovation Awards 2021 went to Kenzo, IGL's pioneering 10H* certified, high-solids ceramic coating. Ecocoat Kenzo changed the ceramic coatings business by creating a high-solids, zero-VOC recipe. Its unique high solids recipe set it distinct, resulting in global demand for the buttery smooth and luminous ceramic coating.
In October 2020, XPEL, Inc. announced product range expansions for its FUSION PLUS automotive ceramic coating. Unique items designed to protect glass, wheels, and brake calipers, as well as plastic and trim surfaces and upholstery, have been added to the entire automotive line-up. FUSION PLUS MARINE, a ceramic coating aimed at watercraft enthusiasts, was also launched by XPEL. Installers in North America can currently purchase all of the products.
Market Coverage
Segment Covered-
Regions Covered-
Competitive Landscape- including AKZO NOBEL N.V., Bodycote plc, Praxair S.T. Technology, Inc., DuPont de Nemours, Inc., Saint-Gobain Ceramics, Aremco Products Inc., MBI Coatings, 3M Co., BASF SE, and others.
Key questions addressed by the report
oDeviation from the pre-COVID-19 forecast
oMost affected region and segment
Global Ceramic Coatings Market Report Segment
By Technology
By Coating Type
By End-User Industry
Global Ceramic Coatings Market Report by Region
North America
Europe
Asia-Pacific
Rest of the World
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