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Thermal Barrier Coatings Market: Segmentation Application, Technology & Market Analysis Report

The thermal barrier coatings market was valued at US$ 12.86 Billion in 2016 and is expected to expand at a CAGR of 6.70%, in terms of revenue, over the forecast period (2017-2025). North America is the most dominant region in the global thermal barrier market and was valued at US$ 3.65 billion in 2016.<br>

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Thermal Barrier Coatings Market: Segmentation Application, Technology & Market Analysis Report

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  1. Thermal Barrier Coatings Market - Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Thermal Barrier Coatings Overview Thermal barrier coatings (TBCs) are advanced materials, which aid in insulating components, operating at relatively high temperatures such as in gas turbines, ducting and nozzle guide vanes, aerospace parts, and other metallic surfaces. TBCs enable gas turbines to operate at high temperature. Low thermal conductivity, low thermal shock, and high thermal expansion coefficient are some of the characteristics of TBCs, which are expected to be factors leading to increasing demand for TBCs for higher engine operation. Growing demand for gas turbine application due to growing aerospace industry. In 2016, Boeing and Airbus, manufactured a combined 1,436 jets. Also, massive orders from Indian companies such as SpiceJet, Indigo and Jet Airways is expected to boost the market. Furthermore, increasing demand for TBCs for automotive application such as coatings for internal combustion engines and gas turbines has positively affected growth of the market. Thermal barrier coatings market is classified on the basis of product type such as metal, ceramics, intermetallic, and others. Ceramic segment accounts for the largest revenue share in thermal barrier coatings market owing to high thermal resistance and high temperature applications of ceramic TBCs in aerospace and automotive industries. Thermal barrier coating market is also classified on the basis of coating materials such as Al2O3, ceramic YSZ (yttria-stabilized zirconia), MCrAlY, and others. © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Thermal barrier coating market is also classified on the basis of coating materials such as Al2O3 segment is expected to account for the largest market share, over the forecast period, as compared to other materials in global thermal barrier coatings market. This is attributed to low thermal conductivity and high thermal stability of Al2O3 coatings. In addition, alumina also provides chemical inertness and strong hardness which is essential in manufacturing components. TBCs market is further segmented on the basis of technology as HVOF (high velocity oxy-fuel), vapor deposition, and air plasma technology. HVOF technology segment accounts for the highest revenue share as the technology enables the use of various coating materials such as ceramics, metals, and other alloys to provide coatings. The coating applied through HVOF technology offers high corrosion resistance and high adherence properties and fine-as-sprayed surface finishes, and low oxide levels. This market is segmented on the basis of application such as automotive, industrial, energy, and aerospace. Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1012 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION North America is the most dominant region in the global thermal barrier market and was valued at US$ 3.65 billion in 2016. Growth of the market in North America is driven by growing technological advancement such as reduction of in-cylinder heat, thermal fatigue protection of metal surface and reduction of emissions, increasing demand for gas turbine, and lead the market in thermal barrier coatings application. These coatings aid in operating at higher temperatures leading to increased efficiency, and reduce CO2 emissions. Asia Pacific is the second largest region in terms of market share in the global thermal barrier coatings market. This is attributed to increasing demand for global power and cleaner solutions and growth of industrial and automotive sectors in the region. The auto-components industry in India is expected to register a turnover of US$ 100 Billion by 2020. Countries such as India and China are expected to contribute significantly to growth of the market owing to increasing number of power generation projects and demand for vapor deposition technology. Europe market is expected to show a significant growth owing to growth in energy and aerospace sectors in the recent past. The thermal barrier coatings market was valued at US$ 12.86 Billion in 2016 and is expected to expand at a CAGR of 6.70%, in terms of revenue, over the forecast period (2017-2025). To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1012 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCAR E IT CLINICAL DIAGNOSTIC BIOTECHNO LOGY PHARMACE UTICAL MEDICAL IMAGING Chemicals & Materials MEDICAL DEVICES Speciality and Fine Chemicals Bulk Advanced Materials Chemicals Green Chemicals Polymers & Resins Food Cosmetic Ingredients Ingredients © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNT RY ANALYS IS 150+ CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITI VE ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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