Growing necessity for automobiles with improved thermal resistance and anti-corrosive properties is anticipated to stimulate the demand for ceramic coating. Automobile components coated with ceramic offer better finishing as compared to the ones coated with wax. These coatings can handle extreme environmental conditions and provide protection from corrosion, wear, and tear, when applied on metallic surfaces. Major application variants of ceramic coatings are aerospace, energy, automotive, industrial components, and healthcare.
New Surface Coated Brakes to Offer Strength and Dust Resistance
The automobile industry is the major consumer of ceramic coating as these coatings offer high resistance from heat, abrasion, and corrosion. Moreover, these coatings provide a better finishing as comparison to wax, which is likely to impel its demand in the automobile segment. Considering these effective properties of ceramic coating, most manufacturing companies are using it in various applications.
For instance, Porsche recently announced its new version of brakes. The uniqueness of these brakes is that its iron rotors are coated with an ultra-hard layer of tungsten carbide. Equal proportion of tungsten and carbon atoms creates this chemical compound, which is harder than steel. Knowing the fact, company used it as a surface coating on brakes to prevent them from abrasion.
Market Insights
The global ceramic coating market is likely to reach USD 13.1 billion by 2025, according to a report by Grand View Research, Inc. High demand for thermal and abrasion resistance in automobile parts and many industrial components can stimulate market growth. These coatings help protect metal equipment from corrosion and abrasion, which is anticipated to fuel market growth in the coming years.
Growing adoption of nanotechnology and increasing disposable income are also anticipated to propel market growth in the years to come. Some of the prominent companies in the market are Bodycote PLC; Praxair Surface Technologies, Inc.; Keronite Group Ltd.; E. I. du Pont de Nemours and Company; and Ultramet, Inc.
In-Depth Research Report On Ceramic Coating Market:
https://www.grandviewresearch.com/industry-analysis/ceramic-coatings-market
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