Top Emerging Trends Of Ceramic Coating Market Progress Forecast 2025 |Grand View Research, Inc.


The global ceramic coating market is expected to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.2% over the forecast period, owing to Increasing utilization in automobile engine components and the aerospace & defense industry is projected to propel the market growth over the next eight years.
Ceramic coatings are being extensively used in the automobile and transportation industry owing to its anti-corrosion properties and offering resistance to abrasion and heat.  Ceramic coatings are also used for providing a finished polish look on the exterior body of cars slowly replacing wax. With growing research and development activities, ceramic coatings are venturing into wider application segments. Currently, automobile and transportation are expected to be the largest application for ceramic coatings. However, with further product innovations, the ceramic coating is likely to have larger application share than its counterparts such as PTFE or regular coatings.
Key market players are showing an aggressiveness in establishing manufacturing plants in Asia Pacific region as it is expected to emerge to be the epicenter of the demand. With moderate environmental laws coupled with the friendly business environment, ceramic coating capacities would see a rampant rise in this region.
Some of the key market players in the industry are Bodycote, Praxair Surface Technologies, Keronite Group Ltd and Ultramet among few. Most of the players operating in the industry position themselves in all the stages of the value chain.
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The aerospace & defense industry is exhibiting a trend of increasing consumption of oxide and carbide coatings. These coats are used exclusively in rocket exhaust cones, insulating tiles, for space shuttles, engine components and are embedded into the windshield glass of many airplanes.
Further key findings from the report suggest:
  • The global ceramic coating market demand is expected to exceed 46.3 million tons by 2025, growing at an estimated CAGR of 5.1% from 2017 to 2025
  • In the product segment, oxide accounts for the largest share globally. The U.S. oxide segment was estimated to be around USD 1.37 billion in 2016
  • Asia-Pacific was the largest consumer in 2016 in terms of volume. It accounted for more than 40% of the global consumption in 2016
  • China is anticipated to be the largest consumer in Asia Pacific owing to presence of large number of industries coupled with tightening environment norms
  • The industrial components segment was the largest consumer in Asia Pacific in 2016 while aerospace & defense generated the substantial revenue in the U.S.
  • The automobile & transportation sector is projected to have the highest growth as major manufacturers are adopting ceramic coatings on engine components to combat corrosion
However, in line with current trend, there is an increased consumption of these coats in energy, healthcare, pharmaceutical and different niche applications. These niche applications also include surgical instrument, prosthetic limb & hip and personal hygiene products.
At present, the majority of the product demand is derived from the heavy industries such as steel, cement, and power manufacturing plants but is also observing increased demand from automotive industry. These coats are also gradually replacing wax in automotive polishes. However, owing to its steep expense, this method is not practiced at an accelerated pace in the Asia Pacific region.
Rising demand for these coats in the defense, aerospace, energy, healthcare and other industries is expected to push participants in the value chain to offer turnkey services along with providing engineering solutions. The cost of costing depends on the type of product i.e. oxide, carbide or nitride and the surface of application. The process is very much energy intensive and thus the overheads form a major part of the overall cost.
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This market witnesses a dispersed regional supply-demand trend. The North American region is the hub of superior grade coats and is likely to continue being the major supplier of coating services & products. The Asia Pacific region during the forecasted period is expected to account for the highest demand share as few manufacturers are situated in this geographic.
Asia-Pacific’s share of ceramic coating production is exported mainly to the eastern Europe. Countries like China and India manufacture ceramic epoxy coatings which align to the material norms in that region. Coating solution for the Asian countries are usually imported from North America as the products manufactured in that region are suitable for complying the humidity effect in Asia Pacific.
Grand View Research has segmented the global ceramic coating market on the basis of product, technology, application:
Ceramic Coating Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Oxide
  • Carbide
  • Nitride
Ceramic Coating Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Thermal Spray
  • Physical Vapor Deposition
  • Chemical Vapor Deposition
  • Others
Ceramic Coating Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Transportation & Automotive
  • Energy
  • Aerospace & Defense
  • Industrial Components
  • Healthcare
  • Others
Oxide coating generated the highest demand in 2016 and is estimated to showcase the similar trend till 2025. Oxides are cheaper in comparison to other coatings such as carbide and nitride. This type of coating is used in the steel industry where it is applied on refractory bricks, chimneys, guide bars, pumps, and bearings.
Oxide & carbide coats are also heavily consumed in the oil & gas industries where it is utilized in mud rotors, pump sleeves, MWD equipment and valve components. Applying coatings on service component in this industry helps oil & gas exploring companies to reduce exploration cost and increase production.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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