Market Segmentation
The use of ceramic coatings in the biomedical field, including biomedical plants and bone and hip implants, is on the rise. They are also employed in dental procedures, where ceramic-coated teeth can be tailored to match a patient’s natural teeth, enhancing their smile. There is ongoing research aimed at expanding the use of these products in areas such as gene therapy and tissue engineering. The growth of the healthcare industry is anticipated to positively influence the market in the future. In recent years, there has been a notable increase in the use of ceramic materials in the production of implant devices. Advanced ceramics based on zirconium, known for their toughness, strength, low wear rates, and bio-inert properties, are expected to see increased demand, particularly in applications like femoral heads for total hip replacements. Ceramic coatings are also making their way into the surgical instrument market. A thin layer of black ceramic coating enhances the hardness of surgical instruments. Its anti-glare surface reduces the reflection of the instrument’s surface, aiding the surgeon in achieving greater precision. With an estimated 234 million surgical procedures performed globally each year, the adoption of black ceramics in surgical instruments is set to boost the growth of ceramic coating in the healthcare and medical industry.
The rising need for ceramic coating in the production of various automotive components, such as manifolds, piston skirts, pistons, and cylinder heads, is anticipated to boost its demand in the future. For instance, aircraft manufacturers utilize ceramic-coated rods to cast turbine engine fins. Particularly in the U.S., automobile manufacturers use ceramic-coated filters to eliminate particulates from molten metal, which is then used to shape automotive bodies and parts. On the other hand, in the Asia Pacific region, the product is primarily used in the manufacture of spark and glow plugs, oxygen sensors, knocking sensors, parking distance control systems, PTC heaters, and fuel injection systems. The escalating automotive production in the Asia Pacific region, especially in countries like China, Indonesia, Japan, Malaysia, and Taiwan, is predicted to drive the demand for ceramic coating in the future. In 2013, China’s total vehicle production was 15 million units. The Chinese automotive industry experienced a compounded growth rate of 24% from 2005 to 2011. The surge in urbanization, coupled with the high demand for SUVs and sedans, is expected to fuel market growth.
Ceramic coatings are utilized in a variety of sectors, including aerospace, defense, and energy & power. Existing and proposed government regulations concerning the use of these materials in components of aircraft, automobiles, and industrial equipment are projected to boost the demand for ceramic coatings in these industries. Despite the exceptional advantages of ceramic coatings, their manufacture and processing are challenging, leading to a high initial investment. They are significantly more expensive than regular powder coatings, which has so far restricted their use to high-performance applications such as jet fighters, spacecraft, race cars, missiles, aircraft engines, and other high-temperature applications. The cost of ceramic coatings is largely determined by the cost of ceramic fibers. The price for the highest quality silicon carbide fiber type can reach up to 11,080 USD/kg. The production of ceramic coatings is a labor-intensive and highly specialized process. It involves processing silicon carbide fibers along with ceramic resin, which then requires the addition of a proprietary coating to produce the necessary ceramic coatings as per the company’s specifications. However, oxide ceramic coatings have comparatively lower production costs than non-oxide ceramic coatings.
This section will provide insights into the contents included in this ceramic coating market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance