9.7 billion dollars on the ceramic anti-corrosive products market

Transparency Market Research published a report entitled "High-performance Ceramic Coatings - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020".

According to the report, the global market for high quality ceramic corrosion products was valued in 2013 at 5.68 billion dollars and it is thought that it will reach 9.07 billion dollars by 2020, marking a annually growth rate 7%  between 2014-2020.

The market of high quality ceramic corrosion products is evolving, due to high need more such products to improve thermal protection for aircraft engines, parts of machines, equipment, turbine blades and vanes.

The increasing needs for high quality ceramic corrosion products in semi-conductor industry reflect a number of opportunities for the development of this market. However, the costs involved high quality products, lack of skilled labor market and technology may be important factors that could prevent the development of this market in the near future.

One of the key products in the ceramic corrosion protection market si the thermal spray, that dominated in 2013 ceramic corrosion products technology segment. In second pozitions is the  chemical deposition from the vapor phase (CVD), including 16% of the market. In fact, it is considered that it will be the fastest evolving technology in the field of high quality ceramic anti-corrosion products .

In the last years, the automotive market was the main user of ceramic anti-corrosion products. These protections apply on engine components such as the combustion chamber, pistons, valves and exhaust pipes.

Aviation industry called for 20% of all ceramic protection market in 2013, beeing the main reason of ceramic anti-corrosive market, resistent to high temperatures, developement in the area of industry.

North America dominated the market of high quality ceramic anti-corrosion products, covering 34% of global demand and forecasts an evolution. Within walking distance is  Europe, one of the major markets in this area. Also, the Western Pacific is considered one of the markets with the greatest development in the coming years, other areas recording low global stocks in the domain of ceramic anti-corrosive products.

This report shows the evolution of the market and also includes a list of main ceramic anticorrosive products used in North America, Europe, the Western Pacific and the rest of the world.

The report includes the following segments:

The market  of high quality ceramic corrosion products-Analysis Technology:

-        Thermal spray

-        Chemical Vapor Deposition

-        Physical Vapor Deposition

-        Other products (gel for surfaces, etc)

The market of high quality ceramic corrosion products-analysis of end-users:

-        Automotive industry

-        Aviation

-        Medical industry

-        Other industries (power plants, etc)

The market of high quality ceramic corrosion products- regional analysis:

-        North America

-        Europe

-        Western Pacific

-        Other regions

Source: http://www.transparencymarketresearch.com/high-performance-ceramic-coatings.html