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).
This resulted in increased demand for aero-engines and turbines, which further resulted in increased demand for the product. This is expected to be a key trend in the industry during the projected years. Growing adopting of the product in defense and marine application is also expected to propel growth within next years.
On the basis of region, North America is the largest market segment of Thermal Barrier Coatings, with a consumption market share nearly 33.21% in 2016, followed by Europe with a consumption market share nearly 31.29% in 2016. 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 9.57% in 2016.
Thermal Barrier Coatings used in industry including Aerospace, Automotive, Military and Power, etc. Report data showed that 33.84% of the Thermal Barrier Coatings market demand in Aerospace in 2016, which dominated the Thermal Barrier Coatings market.

The Global Thermal Barrier Coatings Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Thermal Barrier Coatings Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

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 Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Service
Coatings Materials
In Market segmentation by applications :

Aerospace
Automotive
Military
Power
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Thermal Barrier Coatings Market for the forecast period 2023 - 2030?
• What are the driving forces in the Thermal Barrier Coatings Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Thermal Barrier Coatings industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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