Thermal barrier coatings are widely used for insulating components such as aero-engine parts, gas turbines that are operated at an elevated temperature. Thermal barrier coatings are made of low thermal conductivity ceramics is also used to provide a temperature reduction of approximately up to 300 K on the surface of the superalloy component. Yttria-stabilized zirconia (YSZ), the most commonly used thermal barrier coating material, exhibits resistance to thermal fatigue and thermal shock.
MARKET DYNAMICS
The thermal barrier coatings market is assumed to grow in the forecast considering the global expansion of the aviation sector coupled with the growing population of air passengers and the growing importance of air cargo delivery. However, the price fluctuations of raw materials might restrict the growth of the thermal barrier coatings market. On the other hand, the increasing development in the research and development of efficient and newer technologies for product application are likely to showcase growth opportunities for the Thermal barrier coatings market during the forecast period.
MARKET SCOPE
The "Global Thermal Barrier Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of thermal barrier coatings market with detailed market segmentation by product, technology, coating material, end-use industry, and geography. The global Thermal barrier coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Thermal barrier coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Thermal barrier coatings market is segmented on the basis of product, technology, coating material, and end-use industry. Based on product, the market is segmented as metal, intermetallic, ceramic, and others. On the basis of technology, the market is segmented as vapor deposition, high-velocity oxy-fuel (HVOF), air plasma and others. On the basis of coating material, the market is segmented as aluminum oxide, ceramic YSZ, MCrAly, and others. Based on end-use industry, the market is segmented as industrial, automotive, aerospace and power plants.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Thermal barrier coatings market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Thermal barrier coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting Thermal barrier coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the Thermal barrier coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the Thermal barrier coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from Thermal barrier coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for Thermal barrier coatings in the global market. Below mentioned is the list of few companies engaged in the Thermal barrier coatings market.
The report also includes the profiles of key Thermal barrier coatings companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- A&A Company
- Air Products & Chemicals
- Flame Spray Coating Co.
- Integrated Global Services
- Metallisation Ltd.
- Metallizing Equipment Co. Pvt. Ltd.
- Praxair S.T. Technology, Inc.
- Thermion
- TST Engineered Coating Solutions
- TWI Ltd.
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