Hard Coatings Market 2019 Size, Revenue, Review, Statistics, Demand Supply and Forecast to 2023

Hard Coatings Research Report- Forecast to 2023

Hard Coatings Industry Manufacturers Market

Analysis with Growth Factors & Market Scenario

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Hard Coatings Research Report- Forecast to 2023

1 Introduction: Hard coating, also known as hard coat anodizing or hard anodizing, is an electrochemical coating technique. This process involves anodization of sulfuric acid by using an electrolyte concentration, varying temperature, and electric current, which results in the hardened surface. The hard coatings find their uses in numerous applications starting from industrial coatings, tools, equipment, ball bearings, gear and pneumatic components to medical tools and equipment. Apart from this, they are used in lenses coatings to make them scratch resistant and improve their durability. These types of coatings confer some important properties to the substrate material such as resistant to corrosion, wear & tear, heat, and electricity. Additionally, hard coatings offer low friction coefficient after lubrication.

On account of these characteristic features of the product, the global hard coatings market is likely to register robust growth in the coming years.

The scope of applications in the global hard coatings market is continuously increasing with the flourishing end-use industries such as building & construction, marine, aerospace & defense, along with the automotive industry. Need for the protective coatings on tools, equipment, and end decorative parts in building & construction industry is posing as a major demand driver in the market. Moreover, there is an increasing use of hard coatings in various industrial applications in order to protect machinery and equipment, which function in the harsh environment. This, in turn, is anticipated to propel the growth of the market in the coming years. However, the capital-intensive nature of the processes involved in this market is projected to hamper the growth during the period under consideration.

Key Players for Hard Coatings Market: The prominent players in the global hard coatings market are, Sulzer Ltd. (Switzerland), OC Oerlikon Corporation AG (Switzerland), CemeCon AG (Germany), IHI Ionbond AG (Switzerland), Momentive (U.S.), ZEISS International (Germany), ASB Industries, Inc. (the U.S), SDC Technologies (the U.S.), PLATIT AG All (Switzerland), and Hardcoatings, Inc. (U.S.), among others.

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Hard Coatings Research Report- Forecast to 2023

2 Regional Analysis: Geographically, there are five key regions in which the global hard coatings market is spanned across the Asia Pacific, North America, Europe Latin America, and Middle East & Africa. Among these regions, Asia Pacific is the largest market owing to the big lead achieved by the region in industrialization along with increasing government funding in the areas of infrastructure, marine and aerospace & defense. India, Japan, and China are the major markets in this region on accounts of increasing public as well as private investment in the major end-user industries of hard coatings. North America is following the Asia Pacific in terms of market size in the global hard coatings market. The U.S is the largest markets in this region owing to the steady rise in the use of hard coatings materials, mainly in aerospace & defense and marine sector. This is expected to favor the growth of the region during the forecast period. Europe is another substantial region in the global hard coatings market, which is closely following North America. Major contributors to the regional market are the U.K, France, Germany, Italy, and Poland. Europe has become a prominent market for hard coatings, wherein it is majorly used in the automotive and general industrial applications. In coming years the Middle East & Africa are likely to contribute significantly towards the growth of the market owing to increasing demand from building and construction industry. Lastly, Latin America is witnessing a steady growth due to the presence of end-use industries in countries namely Brazil and Argentina. The pacifying economic and political scenario in the region would push the regional market growth forward.

Intended Audience: 

Hard coatings Manufacturers

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Traders and distributors of hard coatings

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Research and development institutes

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Potential investors

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Raw material suppliers

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Nationalized laboratory

Segmentation: The global hard coatings market is segmented on the basis of material type, a deposition technique, application, end use industry, and region.

Based on the material type, the market is divided into borides, nitrides, carbon-based, oxides, multicomponent coatings, and others.

By deposition technique, the market is classified into physical vapor deposition (PVD) and chemical vapor deposition (CVD).

On the basis of the application the global hard coatings market is categorized into cutting tools, decorative coatings, gears, bearings, optics, cylinders, pneumatic coatings, and others.

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Hard Coatings Research Report- Forecast to 2023 Lastly based on end-use industry, the global hard coatings market is segmented into general manufacturing, transportation, building & construction, aerospace & defense, medical, sports, food manufacturing equipment, and others.

Regionally, the global hard coatings market is divided into the Asia Pacific, North America, Europe, Middle East & Africa, and Latin America.

MAJOR POINTS FROM LIST OF TABLES: Table 1 World Population By Major Regions (2017 To 2030) Table 2 Global Hard Coatings Market: By Region, 2017-2023 Table 3 North America Hard Coatings Market: By Country, 2017-2023 Table 4 Europe Hard Coatings Market: By Country, 2017-2023 Table 5 Asia-Pacific Hard Coatings Market: By Country, 2017-2023 Table 6 Middle East & Africa Hard Coatings Market: By Country, 2017-2023 Table 7 Latin America Hard Coatings Market: By Country, 2017-2023 Table 8 Global Hard Coatings By Material Type Market: By Regions, 2017-2023 Table 9 North America Hard Coatings By Material Type Market: By Country, 2017-2023 Table10 Europe Hard Coatings By Material Type Market: By Country, 2017-2023

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Copyright Š 2018 Market Research Future.

Hard Coatings Research Report- Forecast to 2023

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Copyright Š 2018 Market Research Future.