Thermal Barrier Coatings Market-By Type (Ceramic coating, Metallic Coatings), By Application Method (Air Plasma, Electron Beam Physical Vapor Deposition (EB-PVD)), By End-use (Aerospace, Power Generation, Automotive, Oil & Gas) & Forecast, 2023-2032

Description

List of Tables

Global Thermal Barrier Coatings Market will witness 4.77% CAGR between 2023 and 2032. The escalating demand is driven by relentless innovations in thermal insulation materials. For instance, in May 2023, Cabot Corporation unveiled its latest innovation: the ENTERA™ aerogel particles line. These advanced thermal insulation additives revolutionize the creation of ultra-thin thermal barriers for lithium-ion batteries in electric vehicles (EVs). The ENTERA aerogel series, comprising three distinct products, offers formulators versatile options for integrating into various thermal barrier formats such as blankets, pads, sheets, films, foams, and coatings. This launch marks a milestone in enhancing battery efficiency and safety within the EV landscape.

Advancements in ceramics, alloys, and nanotechnology foster TBC development, catering to aerospace, automotive, and energy sectors. These coatings, adept at withstanding extreme temperatures, prolong component lifespan and enhance efficiency. The thermal barrier coatings market growth aligns with industries' quest for lightweight, heat-resistant solutions. As research pushes boundaries in material science, TBCs emerge pivotal in meeting stringent demands for improved performance and durability in high-temperature environments.

The overall Thermal Barrier Coatings Market is classified based on application, end-use, and region.

Electron beam physical vapor deposition (EB-PVD) segment will undergo significant development from 2023 to 2032. EB-PVD enables precise, high-quality TBC applications in aerospace, power generation, and gas turbine industries. Its unique capability to deposit TBCs as thin, columnar structures enhances heat resistance. The thermal barrier coatings market demand stems from industries seeking superior thermal protection, driving innovation and adoption of EB-PVD for robust, efficient thermal barrier coatings in demanding high-temperature environments.

Power generation segment will register a noteworthy CAGR from 2023 to 2032. As gas turbines and other power equipment operate at extreme temperatures, the need for TBCs intensifies. These coatings insulate and protect critical components, enhancing durability and efficiency. The pursuit of more sustainable and efficient energy solutions amplifies the thermal barrier coatings market share, emphasizing TBCs as indispensable assets in maintaining and advancing power generation systems globally.

Europe thermal barrier coatings market will showcase an appreciable CAGR from 2023 to 2032. Industries in the region, especially aerospace and power generation, prioritize TBCs to bolster equipment efficiency and lifespan. Stringent environmental regulations drive the need for high-performance, heat-resistant coatings. With a focus on sustainability and innovation, European sectors seek advanced TBC solutions to optimize operations and comply with rigorous standards, fostering a robust market for thermal barrier coatings across the continent. For instance, in November 2022, Evonik, a company based in the UK, introduced a groundbreaking line of customized feedstocks named TEGO Therm, enhancing the efficacy of thermal insulation coatings (TICs).

Product Code: 6711

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Thermal barrier coatings industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Type trends
2.4 Application method trends
2.5 End-use trends
2.6 Regional trends

Chapter 3 Thermal Barrier Coatings Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing demand in aerospace industry
  - 3.2.1.2 Energy efficiency
  - 3.2.1.3 Rising automotive sector
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Complex application process
3.3 Growth potential analysis
- 3.3.1 By type
- 3.3.2 By application method
- 3.3.3 By end-use
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Reimbursement scenario
3.8 Technology landscape
3.9 Future market trends
3.10 GAP analysis
3.11 Porter's analysis
3.12 PESTEL analysis
3.13 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Thermal Barrier Coatings Market Size and Forecast, By Type 2018 - 2032

5.1 Ceramic coating
5.2 Metallic coatings
5.3 Others

Chapter 6 Thermal Barrier Coatings Market Size and Forecast, By Application Method 2018 - 2032

6.1 Air Plasma
6.2 Electron Beam Physical Vapor Deposition (EB-PVD)
6.3 Others

Chapter 7 Thermal Barrier Coatings Market Size and Forecast, By End-use 2018 - 2032

7.1 Aerospace
7.2 Power Generation
7.3 Automotive
7.4 Oil & Gas
7.5 Others

Chapter 8 Thermal Barrier Coatings Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Russia
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE

Chapter 9 Company Profiles

9.1 Praxair Surface Technologies (Now Linde)
9.2 Chromalloy Gas Turbine LLC
9.3 A&A Thermal Spray Coatings
9.4 H.C. Starck Solutions
9.5 MesoCoat Inc.
9.6 The Fisher Barton Group
9.7 ASB Industries, Inc.
9.8 Metallisation Ltd.
9.9 Aremco Products, Inc.
9.10 Bodycote plc
9.11 Oerlikon Metco
9.12 TST Coatings, Inc.
9.13 Flame Spray Coating Company
9.14 APS Materials Inc.
9.15 Air Products and Chemicals, Inc.