Hard Coatings Market

Hard Coatings Market worth 1,351.3 Million USD by 2026

The report "Hard Coatings Market by Material Type (Nitrides, Oxides), Application (Cutting Tools, Decorative Coatings), Deposition Technique (PVD and CVD), End-Use Industry (General Manufacturing, Transportation), and by Region - Global Forecast to 2026", The global hard coatings market is projected to reach USD 1,351.3 Million by 2026, registering a CAGR of 8.0% from 2016 to 2026. The application of hard coatings has increased in transportation and general manufacturing industries of Asia-Pacific and the Middle East & Africa regions, owing to the growing awareness about the benefits of hard coatings. In addition to this, the demand for hard coatings has also grown globally due to their efficiency and low maintenance cost.

Buy Now     Request Sample     View TOC    download pdf

Browse 92 market data tables and 58 figures spread through 187 pages and in-depth TOC on “Hard Coatings Market by Material Type (Nitrides, Oxides), Application (Cutting Tools, Decorative Coatings), Deposition Technique (PVD and CVD), End-Use Industry (General Manufacturing, Transportation), and by Region - Global Forecast to 2026”
https://www.marketsandmarkets.com/Market-Reports/hard-coating-market-186290567.html
Early buyers will receive 10% customization on reports.

Borides segment estimated to be the largest material type segment of the market in terms of value

The borides segment is estimated to be the largest segment of the hard coatings market, by material type, in terms of value. Diborides of transition metals (ex. Ti, Cr, Mo V) are some of the key types of boride coatings. Economic expansion in developing countries of Asia-Pacific will increase the demand for hard coatings, especially in automotive and general manufacturing industries. Boride coatings are relatively less explored and are therefore costlier than the other coatings.

PVD to register the highest growth rate during the forecast period

Hard coatings can be used in various industries. Hard coating materials can be deposited by various deposition techniques, such as physical vapor deposition (PVD) and chemical vapor deposition (CVD). PVD is the most widely used technique, as it is less time intensive and durable. Other techniques involve dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques.

Hard coating market in Asia-Pacific is estimated to witness the highest CAGR during the forecast period

Asia-Pacific is the largest market for hard coatings, in terms of value, followed by North America and Western Europe. China, U.S., Germany, and Japan are the largest consumers of hard coatings. Applications such as cutting tools and decorative coatings represent the bulk of the demand for hard coatings in the Asia-Pacific region. Rising awareness about the benefits of hard coatings has increased the importance as well as demand of hard coatings in Asia-Pacific countries, such as China, Japan, and South Korea.

Key players in the hard coatings market

The key players in the global hard coatings market include OC Oerlikon Corporation AG (Switzerland), IHI Ionbond AG (Switzerland), CemeCon (Germany), IHI Hauzer Techno Coating B.V. (Netherlands), and Sulzer Ltd. (Switzerland).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Report Code
CH 4717
Published ON
Nov, 2016
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Hard Coatings Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved