Thermal,Barrier,Coatings,Marke business, insurance Thermal Barrier Coatings Market, Industry Trends and Forecas
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Global Thermal Barrier Coatings Market size is expected to witness a significant growth from 2016 to 2024. Increasing use of vapor deposition and air plasma technologies for coating applications and growing demand for gas turbine applications in various industries will drive the market in the coming years.The products are being increasingly used in the automotive industry to reduce heat loss from engine exhaust. Global automotive industry has been witnessing strong growth in recent years due to improving economic conditions and purchasing power of people in developing economies. Global passenger car sales rose from around 56 million units in 2010 to more than 69 million units in 2016.Detailed table of contents of this research report@https://www.gminsights.com/request-toc/upcoming/1314Increasing worldwide power demand, mostly in the emerging economies, will augment the thermal barrier coatings market during the forecast years owing to the product requirement in gas turbines installed in stationary power plants.Price fluctuations due to volatile raw material prices may hamper the thermal barrier coatings market in the coming years. Product raw materials include rare earth metal oxides such as zirconia, ceria, niobium oxide, etc., the prices of which are subject to their availability.By product, thermal barrier coatings market is segmented into metal coatings, ceramic coatings, intermetallic coatings, and others. Due to multi-layered protection and superior thermal resistance, ceramic coating products accounted for a substantial share of the global thermal barrier coatings market and will likely witness further growth in the future.Browse full report here:https://www.gminsights.com/industry-analysis/thermal-barrier-coatings-marketBy technology, thermal barrier coatings market is categorized into air plasma spray, electron-beam physical vapor deposition, chemical vapor deposition, high velocity oxy-fuel and others. Among these, air plasma spray and electron beam physical vapour deposition technologies has a healthy growth potential in the coming years owing to the increased R&D spending in these technologies by companies in the value chain.By coatings combination, thermal barrier coatings market is segmented as Yttria-stabilized zirconia (YSZ), mullite based, alumina based and others. YSZ provides excellent performance in diesel engines and gas turbines.Alumina provides high hardness and chemical inertness and are commonly used as an addition to YSZ and this combination coating is expected to have a healthy growth in the future owing to its superior properties.Thermal barrier coatings market has three most significant end user industries viz. aerospace, automotive and stationery power plants. Automotive and aerospace industries account for a significant share of the overall thermal barrier coatings market and this trend is expected to continue in the future.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.Contact us:Arun HegdeCorporate Sales, USAGlobal Market Insights, Inc. Phone:1-302-846-7766 Toll Free:1-888-689-0688 Email:[email protected] Web:https://www.gminsights.com/Connect with us:Google+|LinkedIn|Twitter|Facebook Article Tags: Thermal Barrier Coatings, Barrier Coatings Market, Thermal Barrier, Barrier Coatings, Coatings Market, Vapor Deposition, Coming Years
Thermal,Barrier,Coatings,Marke