Global Thermal Barrier Coatings (TBC) Market 2019 by Company, Regions, Type and Application, Forecast to 2024
Thermal barrier coatings (TBC) are highly advanced materials systems usually applied to metallic surfaces, such as on gas turbine or aero-engine parts, operating at elevated temperatures, as a form of exhaust heat management. TBCs are characterised by their very low thermal conductivity, the coating bearing a large temperature gradient when exposed to heat flow. The most commonly applied TBC material is yttria stabilized zirconia (YSZ).
Scope of the Report:
North America is the largest market segment of Thermal Barrier Coatings, with a consumption market share nearly 33.11% in 2018, followed by Europe with a consumption market share nearly 31.25% in 2018. Asia is expected to witness the highest growth during the forecast period in the industry, especially China, which has great market potential in the future with a consumption market share nearly 9.71% in 2018.
The global Thermal Barrier Coatings (TBC) market is valued at 10800 million USD in 2018 and is expected to reach 12900 million USD by the end of 2024, growing at a CAGR of 3.8% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Thermal Barrier Coatings (TBC).
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Thermal Barrier Coatings (TBC) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Thermal Barrier Coatings (TBC) market by product type and applications/end industries.
Market Segment by Companies, this report covers
Praxair Surface Technologies
Oerlikon Group
Bodycote plc
H.C. Starck GmbH
Cincinnati Thermal Spray, Inc.
Precision Coatings, Inc.
A&A Coatings
ASB Industries Inc.
Flame Spray Coating Co.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Service
Coatings Materials
Market Segment by Applications, can be divided into
Aerospace
Automotive
Military
Power
Others
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