Global Thermal Barrier Coatings Market Size was valued nearly USD 13.12 billion in 2016 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.1% during the forecast period that is 2017-2025. Rapidly increasing global automotive production in emerging economies such as India and China will estimated to propel the demand of the product over the forecast period. In addition, technological developments in the automotive sector have resulted in a growing requirement for advanced coating technologies and growing demand from various applications such as automotive, energy, and aerospace is estimated to be the major key factors.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

 This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global thermal barrier coatings market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal barrier coatings market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Thermal Barrier Coatings Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Thermal Barrier Coatings Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in thermal barrier coatings market are included as primary sources of the supply side.

After performing comprehensive engineering of thermal barrier coatings market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Market Analysis

Based on the technology, the thermal barrier coatings market is divided into HVOF, air plasma and others. In 2017 the air plasma was the dominant technology segment and is calculated significant growth in the global thermal barrier coatings market over the forecast period owing to increasing use of the various materials such as metals, ceramics, and alloys to produce coatings which are provide strong features like hardness, improved adhesion, and corrosion and wear resistance. Cold spray technologies are estimated to gain traction owing to increasing application scope in automotive and semiconductor industries.   

Based on the coating combination, the thermal barrier coatings market is divided into ceramic YSZ, Al2O3 and others. In 2017 ceramic YSZ led the market because of their superior thermal resistance properties and longevity. This segment is estimated to register the highest CAGR over the forecast period owing to increasing demand from various sub applications such as gas turbines of stationary power plants, aero-engines, and automotive components and parts. In 2016, aluminum oxide coating is excepted to accounted measurable growth and demand of the global market.

Based on application, the global thermal barrier coatings market is divided into stationary power plants, aerospace, automotive, and others. The stationary power plants and automotive segments are projected to register the fastest CAGR growth during the forecast period owing to increasing application scope in gas turbines as well escalating demand for automobiles and heat resistant coatings in automotive parts.   

Global Thermal Barrier Coatings Market Size, Share Analysis By Region 2017

Based on regional analysis, the global thermal barrier coatings market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific regional market is likely to register a considerable growth in the coming years due to rapidly expanding end-use application sectors such as stationary power plants, aerospace, automotive, others in the region. China and India is combined estimated measurable growth in the global market because of the demanding application industries, such as stationary power plants and automotive, in the country. 2017 North America led the market and is projected contributes strong revenue during the forecast period due to the matured nature of the market.

Key Players

The major kay players in the thermal barrier coatings market which will contribute healthy growth in regional and global market over the forecast period that key players are A&A Thermal Spray Coatings, Praxair, Inc., H.C. Starck GmBH, ASB Industries, Inc., Air Products and Chemicals, Inc. Flame Spray Coating Co., THERMION, Metallisation Ltd., Metallizing Equipment Co. Pvt. Ltd., and The Fisher Barton Group.

Global Thermal Barrier Coatings Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.