Thermal Barrier Coatings Market
                     Thermal Barrier Coatings Market Increasing Demand and Growth Forecast : KeyPlayers-
Metallisation Ltd., Praxair Surface Technologies, A&A Thermal Spray Coatings
Thermal Barrier Coatings (TBCs) insulate components in machinery such as gas turbines, ducting 
and nozzle guide vanes, aerospace parts, and other metallic surfaces that operate at relatively high 
temperatures. Along with efficiency at high temperature, TBCs facilitate low thermal conductivity 
and thermal shock, and high thermal expansion in gas turbines.
The thermal barrier coatings market was valued at US$ 12.86 Billion in 2016 and is expected 
to expand at a CAGR of 6.70%, in terms of revenue, over the forecast period (2017-2025).
The thermal barrier coatings market is classified on the basis of product type such as metal, 
ceramics, intermetallic, and others. Thermal barrier coating market is also classified on the basis of 
coating materials such as Al2O3, ceramic YSZ (yttria-stabilized zirconia), MCrAlY, and others
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Market Dynamics
North America is expected to retain its dominance in the thermal barrier coatings market over the 
forecast period. This is mainly attributed to increasing sales of automobiles and technological 
advancement. In Asia Pacific, growing automobile and industrial sectors, are projected to aid in 
growth of thermal barrier coatings market. The players in global thermal barrier coatings market are
primarily focusing on R&D activities to develop advanced thermal barrier coatings.
Major Keyplayers: Metallisation Ltd., Praxair Surface Technologies, A&A Thermal Spray 
Coatings, H.C. Starck Inc., THERMION Inc., Air Products and Chemicals, Inc., Flame Spray 
Coating Co., ASB Industries, Inc., The Fisher Barton Group, and Metallizing Equipment Co. Pvt. 
Ltd.
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