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).
This resulted in increased demand for aero-engines and turbines, which further resulted in increased demand for the product. This is expected to be a key trend in the industry during the projected years. Growing adopting of the product in defense and marine application is also expected to propel growth within next years.
Market Analysis and Insights: Global Thermal Barrier Coatings Market
The global Thermal Barrier Coatings market was valued at US$ 12160 in 2020 and will reach US$ 15380 million by the end of 2027, growing at a CAGR of 4.0% during 2022-2027.
Global Thermal Barrier Coatings Scope and Market Size
The global Thermal Barrier Coatings market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Thermal Barrier Coatings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Service
Coatings Materials
Segment by Application
Aerospace
Automotive
Military
Power
Others
The Thermal Barrier Coatings market is analysed and market size information is provided by regions (countries). Segment by Application, the Thermal Barrier Coatings market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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.
This resulted in increased demand for aero-engines and turbines, which further resulted in increased demand for the product. This is expected to be a key trend in the industry during the projected years. Growing adopting of the product in defense and marine application is also expected to propel growth within next years.
Market Analysis and Insights: Global Thermal Barrier Coatings Market
The global Thermal Barrier Coatings market was valued at US$ 12160 in 2020 and will reach US$ 15380 million by the end of 2027, growing at a CAGR of 4.0% during 2022-2027.
Global Thermal Barrier Coatings Scope and Market Size
The global Thermal Barrier Coatings market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Thermal Barrier Coatings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Service
Coatings Materials
Segment by Application
Aerospace
Automotive
Military
Power
Others
The Thermal Barrier Coatings market is analysed and market size information is provided by regions (countries). Segment by Application, the Thermal Barrier Coatings market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.