Ceramic Coatings Market Segmentation:
Application Segment Analysis
The automotive and transportation segment is anticipated to hold a 32% share of the global ceramic coatings market. Ceramic coatings provide longevity, UV protection, and hydrophobic properties to vehicles. Corrosion raises the cost of maintaining a vehicle and leads to reduced reliability, depreciation, premature repair, and safety issues. Corrosion and rust can remarkably shorten the lifespan of the vehicle. According to the World Corrosion Organization, the annual cost of corrosion globally is around USD 2.2 trillion. Applying ceramic coating is an efficacious method for preventing losses due to corrosion.
Technology Segment Analysis
The thermal spray segment is expected to garner a significant share of around 50% by the year. Spray paints are user-friendly and provide a uniform finish without visible streaks or marks of brush. Ceramic spray coating delivers chemical resistance, maximum protection, and ultra-superior gloss. For instance, Foxcare Ceramic Coating Preparation launched a high-quality ceramic spray for automotive applications. The spray is easy to use and effectively removes contaminants, residue, and oils.
Our in-depth analysis of the global ceramic coatings market includes the following segments:
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