Report Predicts High-Performance Ceramic Coatings Market to Reach $1.7 Billion by 2018
WELLESLEY, MA - According to a new market research report, High-Performance Ceramic Coatings: Markets and Technologies, from BCC Research, the North American high-performance ceramic coatings market was valued at $1.1 billion in 2012 and increased to $1.2 billion in 2013. BCC Research projects the market to grow to nearly $1.7 billion by 2018 and register a five-year compound annual growth rate of 6.6 percent from 2013 to 2018.
Surface modification using ceramic coatings has achieved some prominence in the industrial environment over the past several decades. High-performance ceramic coatings constitute a mature but still expanding industry with a broad list of current and potential applications, continuously emerging coating techniques and a growing list of material compositions.