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Oxide Hard Coatings Industry Outlook, Growth Prospects and Key Opportunities – Press Release

July 27, 2021

Oxide Hard Coatings

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Oxide Hard Coatings. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Oxide Hard Coatings Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Oxide Hard Coatings market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Oxide Hard Coatings

This newly published and insightful report sheds light on Market Insights of Oxide Hard Coatings, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Oxide Hard Coatings Market.

Estimates at global and regional levels for hard coatings are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global hard coatings market.

Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the hard coatings during the forecast period.

Country-specific valuation on demand for hard coatings has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value and volume for emerging countries has also been included in the report.

In-depth Analysis on Competition
The report sheds light on leading manufacturers of hard coatings, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering hard coatings has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the hard coatings domain.

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Key Takeaways from Market Study
By deposition technique, hard coatings based on physical vapor deposition to experience nearly 5% CAGR

Oxide hard coating sales to expand highest by material, expanding at a CAGR close to 8% by 2031
Sales of boride hard coatings to be valued at above US$ 450 Mn by 2031-end
Hard coatings made from nitrides to expand robustly, surging at nearly 7% CAGR
High uptake in medical device manufacturing bolstering U.S. growth prospects, reaching over US$ 200 Mn in 2020
China to deploy hard coatings extensively in architectural coatings, topping US$ 250 Mn by 2031
Japan and Canada are other noteworthy markets, expanding at CAGRs of around 4% and 6%, respectively

“Rising demand for robust and long-lasting equipment across key industries is primarily driving sales of hard coatings, especially across verticals such as healthcare and food processing,” remarks a Fact.MR analyst.

Competitive Landscape
Prominent hard coating manufacturers included in Fact.MR’s analysis include ASB Industries Inc., CemeCon AG, Dhake Industries Inc., DIARC-Technology Oy, Duralar Technologies, Exxene Corp, Gencoa Ltd., Hardcoatings Inc., and Ihi Hauzer Techno Coating B.V., among others.

In June 2021, Oerlikon Balzers, an OC Oerlikon subsidiary, signed a decade long contract with MTU Aero Engines to apply its erosion-resistant ERCoatnt coating on aerofoil components of next-generation GTF aero engines used in the Airbus A320 neo aircraft.

In October 2020, SDC Technologies Inc. acquired COTEC GmbH, a prominent manufacturer of high quality physical vapor deposition (PVD) and molecular layer deposition (MLD) materials for hydrophobic, oleophobic and anti-reflective coatings in the ophthalmic, precision optics, automotive and display markets.

Key Segments Covered in Market Study
Deposition Technique
Hard Coatings Based on Physical Vapor Deposition
Hard Coatings Based on Chemical Vapor Deposition
Material
Boride Hard Coatings
Nitride Hard Coatings
Oxide Hard Coatings
Carbide Hard Coatings
Carbon-based Hard Coatings
Multi-Component Hard Coatings

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More Valuable Insights on Oxide Hard Coatings Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Oxide Hard Coatings, Sales and Demand of Oxide Hard Coatings, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Oxide Hard Coatings Industry Outlook, Growth Prospects and Key Opportunities – Press Release

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