NewswireToday - /newswire/ -
London, United Kingdom, 2007/11/08 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which forecasts that the North American market for high-performance ceramic coatings is expected to be $1.4 billion in 2007.
Report Buyer, has added a new report which forecasts that the North American market for high-performance ceramic coatings is expected to be $1.4 billion in 2007 and set to rise in the next five years.
“High Performance Ceramic Coatings” finds that the market was worth an estimated $1.3 billion in 2006, and is predicted to rise to $1.9 billion by 2012, showing a projected compound annual growth rate (CAGR) of 6.0% over the next five years.
The report says high-performance ceramic coatings constitute a mature but still expanding industry with a broad list of current and potential applications, continuously emerging coating techniques and a growing list of materials compositions.
The market is broken down into applications of thermal sprays, physical vapor deposition (PVD), chemical vapor deposition (CVD) and other techniques. Thermal spray coatings dominate the market, commanding about 65% of total sales. In 2006, CVD accounted for the second-largest share of the market with nearly 16% and this report predicts that this percentage is expected to decline slightly to 14% by 2012.
Authors of the report say that the PVD segment’s marketshare, which makes it the third-largest technology segment, is projected to remain roughly steady at slightly over 12% between 2006 and 2012.
The study finds that other coating technologies such as spraying/dipping, sol-gel, micro-oxidation and laser assisted techniques should make the biggest gains in market share, from 7% in 2006 to 9% in 2012.
“High Performance Ceramic Coatings” is available from Report Buyer. For more information, please visit the website.
Report Buyer product ID: BCC00006
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