Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Thermal Barrier Coatings Market Size Worth $22.30 Billion By 2024: Grand View Research, Inc. By: AB Newswire October 19, 2018 at 08:16 AM EDT Grand View Research, Inc. - Market Research And Consulting.According to report by Grand View Research, Inc. The global thermal barrier coatings (TBC) market size is expected to reach USD 22.30 billion by 2024. Increasing demand for advanced heat resistant coatings from several end-use industries including energy, automotive, and aerospace is expected to have a positive impact on the market growth in the coming years.The global thermal barrier coatings (TBC) market size is expected to reach USD 22.30 billion by 2024, according to a new report by Grand View Research, Inc. The global market is estimated to witness a healthy CAGR of 6.7% during the forecast period. Increasing demand for advanced heat resistant coatings from several end-use industries including energy, automotive, and aerospace is expected to have a positive impact on the market growth in the coming years.Growing scope of applications in gas turbines, which are widely used across the energy sector, is also expected to propel the market demand. Increasing number of stationary power plant installations in emerging economies is projected to drive the demand further. In addition, increasing product penetration in aerospace application would also benefit market growth.Rising adoption of air plasma and high-velocity oxygen fuel (HVOF) technologies in automotive and aerospace applications is expected to drive product demand in these sectors. Heavy investments by leading industry participants, such as the Praxier Surface Technologies, for the development of advanced and innovative coating solutions will also have a positive impact on the market growth.Full Research Report On Thermal Barrier Coatings Market Analysis: www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-marketFurther key findings from the study suggest:The TBC market was valued at USD 13.22 billion in 2016 and is expected to witness substantial growth over the forecast period due to increasing product penetration in energy, automotive, and aerospace applicationsCeramics segment led the market with a share of 33% in 2015. It is expected to grow further on account of high preference for ceramic-based coatings over metal-based coatsAir plasma technology is projected to register a CAGR of 7% from 2016 to 2024. Factors such as ease of application and low operational costs are driving the segment growthCeramic YSZ coating combination segment was valued at USD 4.6 billion in 2015 and is expected to witness a CAGR of 7.3% from 2016 to 2024. Increasing use of ceramic YSZ due to superior resistance properties and improved performance is expected to propel the segment growthAsia Pacific is expected to witness the highest CAGR of 8% during the forecast period. China, in particular, is the fastest-growing economy in the region and is estimated to expand at a CAGR of 9% over the forecast periodProminent development strategies adopted by the leading companies in this market are M&A activities, technical collaborations, and plant expansionsBrowse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/paints-coatings-and-printing-inksGrand View Research has segmented the global thermal barrier coatings market on the basis of product, technology, coating combination, application, and region:Thermal Barrier Coatings Product Outlook (Revenue USD Million, 2013 - 2024)MetalCeramicIntermetallicOthersThermal Barrier Coatings Technology Outlook (Revenue, USD Million, 2013 - 2024)Electron-beam Physical Vapor DepositionHigh-Velocity Oxygen Fuel (HVOF)Chemical Vapor DepositionAir PlasmaOthersThermal Barrier Coating Combination Outlook (Revenue, USD Million, 2013 - 2024)Ceramic Yttria-Stabilized Zirconia (YSZ)Aluminum Oxide (Al2O3)MCrAiYMullite-basedOthersThermal Barrier Coatings Application Outlook (Revenue, USD Million, 2013 - 2024)Stationary Power PlantsAerospaceAutomotiveOthersThermal Barrier Coatings Regional Outlook (Revenue, USD Million, 2013 - 2024)North AmericaU.S.EuropeGermanyU.K.Asia PacificChinaJapanIndiaLatin AmericaBrazilMiddle East & AfricaSouth AfricaExplore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.For more information: www.grandviewresearch.comMedia ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:28 2nd Street, Suite 3036 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-market Source: www.abnewswire.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Thermal Barrier Coatings Market Size Worth $22.30 Billion By 2024: Grand View Research, Inc. By: AB Newswire October 19, 2018 at 08:16 AM EDT Grand View Research, Inc. - Market Research And Consulting.According to report by Grand View Research, Inc. The global thermal barrier coatings (TBC) market size is expected to reach USD 22.30 billion by 2024. Increasing demand for advanced heat resistant coatings from several end-use industries including energy, automotive, and aerospace is expected to have a positive impact on the market growth in the coming years.The global thermal barrier coatings (TBC) market size is expected to reach USD 22.30 billion by 2024, according to a new report by Grand View Research, Inc. The global market is estimated to witness a healthy CAGR of 6.7% during the forecast period. Increasing demand for advanced heat resistant coatings from several end-use industries including energy, automotive, and aerospace is expected to have a positive impact on the market growth in the coming years.Growing scope of applications in gas turbines, which are widely used across the energy sector, is also expected to propel the market demand. Increasing number of stationary power plant installations in emerging economies is projected to drive the demand further. In addition, increasing product penetration in aerospace application would also benefit market growth.Rising adoption of air plasma and high-velocity oxygen fuel (HVOF) technologies in automotive and aerospace applications is expected to drive product demand in these sectors. Heavy investments by leading industry participants, such as the Praxier Surface Technologies, for the development of advanced and innovative coating solutions will also have a positive impact on the market growth.Full Research Report On Thermal Barrier Coatings Market Analysis: www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-marketFurther key findings from the study suggest:The TBC market was valued at USD 13.22 billion in 2016 and is expected to witness substantial growth over the forecast period due to increasing product penetration in energy, automotive, and aerospace applicationsCeramics segment led the market with a share of 33% in 2015. It is expected to grow further on account of high preference for ceramic-based coatings over metal-based coatsAir plasma technology is projected to register a CAGR of 7% from 2016 to 2024. Factors such as ease of application and low operational costs are driving the segment growthCeramic YSZ coating combination segment was valued at USD 4.6 billion in 2015 and is expected to witness a CAGR of 7.3% from 2016 to 2024. Increasing use of ceramic YSZ due to superior resistance properties and improved performance is expected to propel the segment growthAsia Pacific is expected to witness the highest CAGR of 8% during the forecast period. China, in particular, is the fastest-growing economy in the region and is estimated to expand at a CAGR of 9% over the forecast periodProminent development strategies adopted by the leading companies in this market are M&A activities, technical collaborations, and plant expansionsBrowse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/paints-coatings-and-printing-inksGrand View Research has segmented the global thermal barrier coatings market on the basis of product, technology, coating combination, application, and region:Thermal Barrier Coatings Product Outlook (Revenue USD Million, 2013 - 2024)MetalCeramicIntermetallicOthersThermal Barrier Coatings Technology Outlook (Revenue, USD Million, 2013 - 2024)Electron-beam Physical Vapor DepositionHigh-Velocity Oxygen Fuel (HVOF)Chemical Vapor DepositionAir PlasmaOthersThermal Barrier Coating Combination Outlook (Revenue, USD Million, 2013 - 2024)Ceramic Yttria-Stabilized Zirconia (YSZ)Aluminum Oxide (Al2O3)MCrAiYMullite-basedOthersThermal Barrier Coatings Application Outlook (Revenue, USD Million, 2013 - 2024)Stationary Power PlantsAerospaceAutomotiveOthersThermal Barrier Coatings Regional Outlook (Revenue, USD Million, 2013 - 2024)North AmericaU.S.EuropeGermanyU.K.Asia PacificChinaJapanIndiaLatin AmericaBrazilMiddle East & AfricaSouth AfricaExplore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.For more information: www.grandviewresearch.comMedia ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:28 2nd Street, Suite 3036 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-market Source: www.abnewswire.com