Thermal Barrier Coatings (TBC) Market Growth (Status and Outlook) 2019-2024

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Global “Thermal Barrier Coatings (TBC)” Market Growth (Status and Outlook) 2019-2024

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).
North America is the largest market segment of Thermal Barrier Coatings, with a consumption market share nearly 33.11% in 2018, followed by Europe with a consumption market share nearly 31.25% in 2018. Asia is expected to witness the highest growth during the forecast period in the industry, especially China, which has great market potential in the future with a consumption market share nearly 9.71% in 2018.

According to this study, over the next five years the Thermal Barrier Coatings (TBC) market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 12900 million by 2024, from US$ 10800 million in 2019. In particular, this report presents the global revenue market share of key companies in Thermal Barrier Coatings (TBC) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Thermal Barrier Coatings (TBC) market by product type, application, key companies and key regions.

This study considers the Thermal Barrier Coatings (TBC) value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Coatings Materials
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Thermal Barrier Coatings (TBC) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Thermal Barrier Coatings (TBC) market by identifying its various subsegments.
Focuses on the key global Thermal Barrier Coatings (TBC) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Thermal Barrier Coatings (TBC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Thermal Barrier Coatings (TBC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.