Global Thermal Barrier Coatings (TBC) Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

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.

Market Analysis and Insights: Global Thermal Barrier Coatings (TBC) Market
The research report studies the Thermal Barrier Coatings (TBC) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Thermal Barrier Coatings (TBC) market size is projected to reach US$ 15150 million by 2026, from US$ 12110 million in 2020, at a CAGR of 3.8% during 2021-2026.

Global Thermal Barrier Coatings (TBC) Scope and Segment
The global Thermal Barrier Coatings (TBC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Thermal Barrier Coatings (TBC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Thermal Barrier Coatings (TBC) market is segmented into
Service
Coatings Materials

Segment by Application, the Thermal Barrier Coatings (TBC) market is segmented into
Aerospace
Automotive
Military
Power
Others

Global Thermal Barrier Coatings (TBC) market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Praxair Surface Technologies
Oerlikon Group
Bodycote plc
H.C. Starck GmbH
Cincinnati Thermal Spray, Inc.
Precision Coatings, Inc.
A&A Coatings
ASB Industries Inc.