Advancements in Nanotechnology to Drive Demand for Nanomaterials Including Graphite Coatings Over the past decade, graphite coatings have garnered immense popularity as a viable, effective, and high-quality coatings alternative for use in various applications. The automotive sector is expected to provide lucrative opportunities to market players operating in the global & U.S. graphite coatings market during the forecast period. A glaring trend that is likely to attract the interest of investors and other stakeholders operating in the global & U.S. graphite coatings market landscape is the increasing popularity of graphite coatings in comparison with that of ceramic coatings. Research and development activities are anticipated to play a strong role in the development of the global & U.S. graphite coatings market during the assessment period. The surge in the demand for nanomaterials following advancements made by nanotechnology is one of the major factors propelling the demand for graphite coatings in recent years. While the industrial sector is expected to have a higher market share in terms of demand and value, market players are projected to leverage opportunities in the commercial sector to gain a competitive edge. Moreover, owing to favorable physical as well as functional characteristics of graphite, the demand continues to move in the upward direction. Graphite coatings are increasingly being used in a range of applications, including metal powder sintering, injection molding, metal casting, brazing, and welding. Request A Samplehttps://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep _id=77229 Graphite Coatings Likely to Replace Ceramic Coatings during Assessment Period Although the demand for ceramic coatings in the U.S. has witnessed growth, in the upcoming years, graphite coatings are likely to replace ceramic coatings in a range of applications in various end-use industries. The improved functional parameters of graphite coatings in comparison with ceramic coatings coupled with increasing number of consumer complaints related to water spots linked with ceramic coatings have played an imperative role in boosting the growth of the global & U.S. graphite coatings market. Due to chemical properties and the honeycomb structure, there is a considerably lower risk of water evaporation at the surface and water spots– a factor that is expected to have a strong impact on the growth of the global & U.S. graphite coatings market during the forecast period. The favorable thermal and electrical conductivity properties of graphite is another factor that has led to a considerable surge in the demand for graphite coatings from
the U.S. automotive sector. The ease of application, anti-repellant, and improved conductive properties of graphite in comparison with ceramic is projected to increase the demand for graphite coatings in the upcoming years. According to researchers and a number of scientists around the world, graphene has emerged as the strongest, thinnest material in the world due to which, graphite coatings have become the go-to protective solutions in recent years. While the automotive sector is anticipated to provide a number of opportunities to players in the global & U.S. graphite coatings market, the aerospace industry is set to emerge as a prominent end-use industry. Purchase A Reporthttps://www.transparencymarketresearch.com/checkout.php?rep_id=77229&lt ype=S Market Players Focus on Forging Strategic Alliances to Improve Market Position Players operating in the global & U.S. graphite coatings market landscape are expected to rely on organic and inorganic growth strategies to improve their position in the competitive market landscape. A number of companies is also focusing on restructuring their operational procedures and growth strategies in line with the current market landscape. For instance, in December 2020, ZEN Graphene Solutions announced that the company is set to undergo a corporate reorganization– a move that is likely to improve the company’s product development and R&D foundation. Mergers and acquisitions are rife in the global & U.S. graphite coatings market and the trend is set to continue during the forecast period. For instance, in August 2018, Asbury Carbons announced the acquisition of Process Engineering Corporation (PEC). Trade Tension and Declining Demand in 2020 to Hinder Market Growth amid COVID-19 Pandemic The onset of the COVID-19 pandemic is expected to have a strong influence on the demand for graphite coatings in 2020. Stringent lockdown measures imposed by governments around the world coupled with the temporary shutdown of industries in the second quarter of 2020 have led to a considerable decline in the demand for graphite coatings. This factor is estimated to hinder the growth of the global & U.S. graphite coatings market. In addition, trade tension between the U.S. and China coupled with the results of the U.S. elections could have a strong impact on the supply chain of raw materials, which, in turn, is anticipated to influence the growth of the global & U.S. graphite coatings market in 2020. Get Trending Report-https://www.einnews.com/pr_news/552782585/ferrous-sulfate-marketexpansion-to-be-persistent-during-2019-2027