Thermal Barrier Coatings: Release Latest Trends and Industry Vision by 2024Posted by Nicky Arora on November 28th, 2019 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. Access Full Sample @ https://www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-market/request/rs1 Further key findings from the study suggest:
Grand 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)
Thermal Barrier Coatings Technology Outlook (Revenue, USD Million, 2013 - 2024)
Thermal Barrier Coating Combination Outlook (Revenue, USD Million, 2013 - 2024)
Thermal Barrier Coatings Application Outlook (Revenue, USD Million, 2013 - 2024)
About Grand View Research: Grand View Research is an India & 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. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide. Contact: Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105 United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |