North American Ceramic Coatings Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
North American ceramic coatings market is estimated to grow at a CAGR of around 6.4% during the forecast period. Favourable government schemes and increasing demand for passenger and commercial vehicles is primarily contributing to the growth of the market. As per the International Trade Administration, the automotive sector accounts for approximately 3% to 3.5% of the US GDP. In 2017, about 17.6 million vehicles were sold in the US, out of which 65% were commercial vehicle and 35% are passenger cars. In terms of number, the global sales percentage of cars of the US is nearly 8%; however, the price of vehicles and its accessories are quite high in this region as compared to APAC, Middle East and Latin American region.
Significant sales of the automotive vehicle lead the
increasing demand for its parts such as optically transparent materials
(including windshield and windows); sensors and engines that all require
ceramic coating for its protection which in turn, supports the adoption of
ceramic coatings. Ceramics find its application in transportation as they are
lightweight and are capable of withstanding high temperature. In addition, it
poses excellent resistance to wear and corrosion. These benefits offered by the
ceramics have propelled its demand in the automotive industry.
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North American
Ceramic Coatings Market Segmentation
By Technology
· Chemical
Vapor Deposition
· Physical
Vapor Deposition
· Electrophoretic
Deposition
· Thermal
Spray
By Coating Type
· Oxide
Coating
· Carbide
Coating
· Nitride
Coating
· Others
(Carbon Coating and Anti-microbial Coating)
By End-User
· Healthcare
· Industrial
Goods
· Steel
Industry
· Chemical
Industry
· Aerospace
& Defense
· Automobile
& Transportation
· Others
A full Report of North American Ceramic Coatings Market is Available
at: https://www.omrglobal.com/industry-reports/north-american-ceramic-coatings-market
Regional Analysis
· United
States
· Canada
Company Profiles
· 3M
· A&A
Thermal Spray Coatings
· AkzoNobel
N.V.
· Anderson
Paint Company
· APS
Materials, Inc.
· Aremco
Products Inc.
· BASF
SE
· Bell's
Powder Coating
· Ceramic
Pro
· DuPont
de Nemours, Inc.
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