Abstract
Summary
REPORT HIGHLIGHT
The Thermal Barrier Coating (TBC) market was valued at USD XX million by 2018, growing with XX% CAGR during the forecast period, 2019-2028.
Market Dynamics
Thermal barrier coating (TBC) is a refractory oxide ceramic coating which is applied to the surfaces of hot metallic parts. It is designed to protect metal components from extreme temperature, thus reduce fatigue & stress and increase the product’s lifespan. TBCs contains four main layers namely metallic bond coat, ceramic topcoat, the metal substrate and oxide grown thermally.
A typical thermal coating consists of a metallic layer paired with a variety of ceramic layer. It is analyzed that TBCs with low phase stability, thermal conductivity and high resistance to sintering have growing demand across the globe. The industry growth is projected to grow by a huge proportion in the coming years owing to the rising TBC demand from automotive industry coupled with increasing research and development activities to develop new products.
Segment Takeaway
The global thermal barrier coatings market has been segmented and analyzed on the basis of product, application, technology, coating combination, and region. The key products considered in the analysis include ceramic, metal, and inter-metallic. The ceramic thermal barrier coatings segment is expected to be the most lucrative segment of this market. The growing application scope of ceramic coatings in key industries such as aerospace and automotive, coupled with the introduction of new products by top market players are some of the factors accounting for the aforementioned statement.
Intermetallic coatings segment is also expected to witness considerable growth during the forecast period owing to the superior thermal resistance offered by these coatings. Their potential high-temperature strength, oxidation resistance, and lowered density have increased the requirements in advanced power plants, globally. The other segment is also expected to witness significant growth during the forecast period, considering the increasing R&D in the field as well as the high untapped potential offered.
These thermal barrier coating products find application scope in stationary power plants, aerospace, and automotive sectors, among others. The key technologies employed in the thermal barrier coatings industry include electron beam-physical vapor deposition (EB-PVD), air plasma, high-velocity oxyfuel, and chemical vapor deposition. The coating combinations detailed in the report are ceramic YSZ (yttria-stabilized zirconia), Al2O3, MCrAlY, Mullite-based layer, and others.
Regional Takeaway
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa have been considered for the regional analysis of the thermal barrier coatings market. Asia-Pacific region is experiencing a remarkable shift in the use of thermal barrier coating as companies are increasingly adopting this technique in manufacturing and many other industries.
Key Vendors Takeaway
Key players namely Metallisation Ltd., TST Engineered Coating Solutions, Thermion, Praxair Surface Technologies Limited, Metallizing Equipment Company, TWI Ltd., A&A Company, Precision Coating, Inc., Cincinnati Thermal Spray, Inc., and MesoCoat Inc. are profiled in detail.
Table of Contents
1 THERMAL BARRIER COATING (TBC) MARKET OVERVIEW
1.1 Study Scope
1.2 Assumption and Methodology
2 EXECUTIVE SUMMARY
2.1 Market Snippet
2.1.1 Market Snippet by Product
2.1.2 Market Snippet by Technology
2.1.3 Market Snippet by Coating Material
2.1.4 Market Snippet by Application
2.1.5 Market Snippet by Region
2.2 Competitive Insights
3 THERMAL BARRIER COATING (TBC) KEY MARKET TRENDS
3.1 Market Drivers
3.1.1 Impact Analysis of Market Drivers
3.2 Market Restraints
3.2.1 Impact Analysis of Market Restraints
3.3 Market Opportunities
3.4 Market Future Trends
4 THERMAL BARRIER COATING (TBC) INDUSTRY STUDY
4.1 Porter’s Five Forces Analysis
4.2 Marketing Strategy Analysis
4.3 Growth Prospect Mapping
4.4 Regulatory Framework Analysis
5 THERMAL BARRIER COATING (TBC) MARKET LANDSCAPE
5.1 Market Share Analysis
5.2 Key Innovators
5.3 Breakdown Data, by Key manufacturer
5.3.1 Established Player Analysis
5.3.2 Emerging Player Analysis
6 THERMAL BARRIER COATING (TBC) MARKET - BY PRODUCT
6.1 Overview
6.1.1 Segment Share Analysis, By Product, 2018 & 2028 (%)
6.2 Metal
6.2.1 Overview
6.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.3 Ceramic
6.3.1 Overview
6.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4 Intermetallic
6.4.1 Overview
6.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.5 Others
6.5.1 Overview
6.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7 THERMAL BARRIER COATING (TBC) MARKET - BY TECHNOLOGY
7.1 Overview
7.1.1 Segment Share Analysis, By Technology, 2018 & 2028 (%)
7.2 Vapor Deposition
7.2.1 Overview
7.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.3 Air Plasma
7.3.1 Overview
7.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.4 HVOF
7.4.1 Overview
7.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8 THERMAL BARRIER COATING (TBC) MARKET - BY COATING MATERIAL
8.1 Overview
8.1.1 Segment Share Analysis, By Coating Material, 2018 & 2028 (%)
8.2 MCrAlY
8.2.1 Overview
8.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3 Aluminum Oxide
8.3.1 Overview
8.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4 Ceramic YSZ
8.4.1 Overview
8.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9 THERMAL BARRIER COATING (TBC) MARKET - BY APPLICATION
9.1 Overview
9.1.1 Segment Share Analysis, By Application, 2018 & 2028 (%)
9.2 Aerospace
9.2.1 Overview
9.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3 Power Plants
9.3.1 Overview
9.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5 Automotive
9.5.1 Overview
9.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10 THERMAL BARRIER COATING (TBC) MARKET- BY GEOGRAPHY
10.1 Introduction
10.1.1 Segment Share Analysis, By Region, 2018 & 2028 (%)
10.2 North America
10.2.1 Overview
10.2.2 Key Manufacturers in North America
10.2.3 North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
10.2.4 North America Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
10.2.5 North America Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
10.2.6 North America Market Size and Forecast, By Coating Material, 2017 - 2028 (US$ Million)
10.2.7 North America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10.2.8 U.S
- 10.2.8.1 Overview
- 10.2.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.2.9 Canada
- 10.2.9.1 Overview
- 10.2.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.3 Europe
10.3.1 Overview
10.3.2 Key Manufacturers in Europe
10.3.3 Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
10.3.4 Europe Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
10.3.5 Europe Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
10.3.6 Europe Market Size and Forecast, By Coating Material, 2017 - 2028 (US$ Million)
10.3.7 Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10.3.8 Germany
- 10.3.8.1 Overview
- 10.3.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.3.9 Italy
- 10.3.9.1 Overview
- 10.3.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.3.10 United Kingdom
- 10.3.10.1 Overview
- 10.3.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.3.11 France
- 10.3.11.1 Overview
- 10.3.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.3.12 Rest of Europe
- 10.3.12.1 Overview
- 10.3.12.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.4 Asia Pacific (APAC)
10.4.1 Overview
10.4.2 Key Manufacturers in Asia Pacific
10.4.3 Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
10.4.4 Asia Pacific Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
10.4.5 Asia Pacific Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
10.4.6 Asia Pacific Market Size and Forecast, By Coating Material, 2017 - 2028 (US$ Million)
10.4.7 Asia Pacific Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10.4.8 India
- 10.4.8.1 Overview
- 10.4.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.4.9 China
- 10.4.9.1 Overview
- 10.4.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.4.10 Japan
- 10.4.10.1 Overview
- 10.4.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.4.11 South Korea
- 10.4.11.1 Overview
- 10.4.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.4.12 Rest of APAC
- 10.4.12.1 Overview
- 10.4.12.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.5 Latin America
10.5.1 Overview
10.5.2 Key Manufacturers in Latin America
10.5.3 Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
10.5.4 Latin America Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
10.5.5 Latin America Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
10.5.6 Latin America Market Size and Forecast, By Coating Material, 2017 - 2028 (US$ Million)
10.5.7 Latin America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10.5.8 Brazil
- 10.5.8.1 Overview
- 10.5.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.5.9 Mexico
- 10.5.9.1 Overview
- 10.5.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.5.10 Argentina
- 10.5.10.1 Overview
- 10.5.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.5.11 Rest of LATAM
- 10.5.11.1 Overview
- 10.5.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.6 Middle East and Africa
10.6.1 Overview
10.6.2 Key Manufacturers in Middle East and Africa
10.6.3 Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
10.6.4 Middle East and Africa Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
10.6.5 Middle East and Africa Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
10.6.6 Middle East and Africa Market Size and Forecast, By Coating Material, 2017 - 2028 (US$ Million)
10.6.7 Middle East and Africa Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10.6.8 Saudi Arabia
- 10.6.8.1 Overview
- 10.6.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
10.6.9 United Arab Emirates
- 10.6.9.1 Overview
- 10.6.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
11 KEY VENDOR ANALYSIS
11.1 Metallisation Ltd
11.1.1 Company Snapshot
11.1.2 Financial Performance
11.1.3 Product Benchmarking
11.1.4 Strategic Initiatives
11.2 TST Engineered Coating Solutions
11.3 Thermion
11.4 Praxair Surface Technologies Limited
11.5 Metallizing Equipment Company
11.6 TWI Ltd
11.7 A&A Company
11.8 Precision Coating, Inc
11.9 Cincinnati Thermal Spray, Inc
11.10 MesoCoat, Inc
12 360 DEGREE ANALYSTVIEW
13 APPENDIX
13.1 Research Methodology
13.2 References
13.3 Abbreviations
13.4 Disclaimer
13.5 Contact Us