European ceramic coatings market is estimated to grow at a CAGR of around 5.6% during the forecast period. The significant presence of major automobile companies, including Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, and Continental AG, is supporting to drive the demand for ceramic coatings for automotive applications in the region. Ceramic coatings are beneficial to protect the car surface from corrosion, scratches, and provides gloss and longevity. This demonstrates the avant-garde of technologies that are capable of producing durable coated surfaces, which exceeds the customers’ expectations of appearance, provides maximizing efficiency, and enables in meeting environmental regulations. Some of the critical factors contributing to the development and use of advanced automotive coatings and coating technologies include aesthetic characteristics, corrosion protection, mass production, and cost and environmental requirements.
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Moreover, the European countries are laying emphasis on shifting their focus on power generation through renewable resources in order to decrease their dependency on conventional non-renewable resources such as coal. This is expected to increase the demand of the ceramic coatings in the applications of solar power photovoltaic cells for protection against foreign particles. Moreover, increasing use of ceramic coatings in wind turbines in Europe is also expected to create opportunities for the growth of the market.
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European Ceramic Coatings Market Segmentation
By Technology
· Chemical Vapor Deposition
· Physical Vapor Deposition
· Electrophoretic Deposition
· Thermal Spray
By Coating Type
· Oxide Coating
· Carbide Coating
· Nitride Coating
· Others (Carbon Coating and Anti-microbial Coating)
By End-User
· Healthcare
· Industrial Goods
· Steel Industry
· Chemical Industry
· Aerospace & Defense
· Automobile & Transportation
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
