© 2016 Global Market Insights, Inc. USA. All Rights Reserved Thermal Barrier Coatings Market Size, Share, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Thermal Barrier Coatings Market size is expected to witness a significant growth from 2016 to Increasing use of vapour 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.  Global passenger car sales rose from around 56 million units in 2010 to more than 69 million units in Likewise, heavy and medium weight commercial vehicle sales increased to over 24 million in 2016 from close to 19 million in  This growth is expected to propel the thermal barrier coatings market during the forecast period.  Global air traffic will likely increase by about 4% annually for the next two decades with up to 30,000 new air passenger aircrafts and more than 500 dedicated freighters demand. Global Market Scenario of Thermal Barrier Coatings Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  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.  By 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. Mullite based coatings are oxidation and corrosion resistant and provide high thermal stability and low thermal conductivity. 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. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North American thermal barrier coatings market will grow at a significant rate in the forecast years mostly due to the product use in stationary power plants.  Asia Pacific is also likely to observe healthy growth due to the widespread presence of end user industries such as automotive and stationary power plants.  China will account for a significant share of the regional market due to the booming automotive industry in the country and increased defence spending in aviation and marine sectors.  Latin American thermal barrier coatings market will also witness steady growth owing to the presence of emerging economies in the region while Europe is likely to experience moderate growth because of market stability in the demand for power plants. Regional and Competitive Insights Detailed table of contents of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for Buying this  The global foil labels market share is highly competitive. 3M Company, E I du Pont de Nemours, Avery Dennison, Brady Corporation, Xerox Corporation, Cannon, Inc., Cenveo, Inc., and Henkel Ag & company are the major industry participants. Product innovations and product portfolio expansion are the major strategies adopted by the industry manufacturers.  Rudd Macnamara Ltd., Maverick, Castle Island Press, South East, Relm West, and High Tech Packaging Corporation are the other key manufacturers. Competitive Insights

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