Thermal Barrier Coatings Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The global thermal insulation coatings market size was valued at USD 13.2 billion in 2016 and is expected to record a 6% CAGR over the forecast period. The surge in demand for Thermal Barrier Coatings (TBC) in various applications such as automotive, energy and aerospace are expected to be a major market driver.
The rapid increase in global automobile production, driven by growing demand in emerging economies, is likely to boost product demand during the forecast period. In addition, technological advances in the automotive sector have increased the demand for advanced coating technologies, which has fueled the market growth.
Key thermal barrier coatings market players are Praxair Surface Technologies, ASB Industries Inc, TST Engineered Coating Solutions, H.C. Starck Inc, Metallisation Ltd, Air Products & Chemicals, Precision Coatings, and TWI Ltd.
Thermal Barrier Coatings Market: Segmentation
By Product
- Metal
- Ceramic
- Intermetallic
- Others
By Technology
- Electron-beam Physical Vapor Deposition
- High-Velocity Oxygen Fuel (HVOF)
- Chemical Vapor Deposition
- Air Plasma
- Others
By Coating Combination
- Ceramic Yttria-Stabilized Zirconia (YSZ)
- Aluminum Oxide (Al2O3)
- MCrAiY
- Mullite-based
- Others
By Application
- Stationary Power Plants
- Aerospace
- Automotive
- Others
Key Questions Answered by Thermal Barrier Coatings Market Report
- What was the Thermal Barrier Coatings Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Thermal Barrier Coatings Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Thermal Barrier Coatings Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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