HIGH PERFORMANCE CERAMIC COATINGS MARKET ANALYSIS
Key Takeaways from Analyst
The aerospace industry will continue dominating the market owing to increasing aircraft deliveries and focus on improving engine efficiencies.
The automotive industry is also offering promising growth opportunities. Ceramic coatings improve heat resistance and corrosion protection of automobile engines. This results in better performance and emission control. Asia Pacific is estimated to be the dominant regional market due to rising automobile and aircraft production in China and India.
Stringent environmental norms regarding carbon emissions worldwide are compelling automakers to enhance engine technologies. Ceramic coatings support compliance through better thermal barrier properties. However, high production costs pose a challenge.
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