"Asia-Pacific market estimated to grow at the highest CAGR during the forecast period"
Asia-Pacific is the largest market for hard coatings, in terms of value, followed by North America and Western Europe. China, U.S., Germany, and Japan are the largest consumers of hard coatings. Applications such as cutting tools and decorative coatings, represent the bulk of the demand for hard coatings in Asia-Pacific. In China, Japan, and to a lesser extent, South Korea, rising awareness about the benefits of hard coatings has increased the importance of hard coatings.
In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:
- By Company Type: Tier 1 (45%), Tier 2 (35%), and Tier 3 (20%).
- By Designation: C-level (35%), Director Level (25%), and Others (40%).
- By Region: Western Europe (33%), North America (26%), Asia-Pacific (20%), Middle East & Africa (7%), Central & Eastern Europe (7%), and South America (7%).
The key players profiled in the report include OC Oerlikon Corporation AG (Switzerland), IHI Ionbond AG (Switzerland), CemeCon (Germany), IHI Hauzer Techno Coating B.V. (Netherlands), Sulzer Ltd. (Switzerland), Momentive Performance Materials, Inc. (U.S.), Zeiss Group (Germany), ASB Industries, Inc. (U.S.), SDC Technologies, Inc. (California), Duralar Technologies (Italy), Kobelco (Japan), Ultra Optics (U.S.), MBI Coatings (U.S.), Dhake Industries, Inc. (U.S.), Platit AG (Switzerland), DIARC-Technology Oy (Finland), The Eifeler Group (Germany), HardCoatings, Inc. (U.S.), Gencoa (U.K.), and Exxene Corporation (U.S.).
This report covers the hard coatings market, in terms of value, and forecasts the market size till 2026. The report includes the market segmentation based on material type, application, deposition technique, end-use industry, and region. It also provides company profiles and competitive strategies adopted by the key players in the global hard coatings market.
Key benefits of buying the report:
This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the hard coatings market; high-growth regions; and market drivers, restraints, and opportunities.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hard-coatings-market-by-material-type-application-deposition-technique-end-use-industry-and-by-region---global-forecast-to-2026-300370096.html