Elevated Demand in ESC Manufacturing Propelling Growth in the Global Ceramic Coatings Thermal Spray Market: Technavio Report

Renewable energy

 

London, 18 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Ceramic Coatings Thermal Spray Market 2015-2019, which is expected to grow at a CAGR of 6.50 percent during the forecast period of 2014-2019.

“Recently, there has been a significant increase in the use of ceramic coatings based on thermal spray technology, as a replacement for traditional coatings in the manufacturing of ESC, because of the ability of the former to efficiently counter the complex geometric shapes of these work-pieces,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Growing Demand for Titania
  • Increased Usage in High-speed Cars 
  • Increased Demand from IGT Manufacturers
  • Intense Competition

Key Market Trends

  • Elevated Demand in ESC Manufacturing
  • Advanced Product Offerings
  • Increased Application of HVOF
  • Reduced Demand for Chromia

Key Market Vendors

  • Accuwright Industries
  • AMETEK
  • APS Materials Inc.
  • Bodycote Plc
  • H.C. Starck
  • Oerlikon Metco
  • Praxair Technologies
  • Thermal Spray Technologies
  • Treibacher Industrie AG
  • Zircotec

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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