North American ceramic coatings market is estimated to grow at a CAGR of around 6.4% during the forecast period. Favorable government schemes and increasing demand for passenger and commercial vehicles is primarily contributing to the growth of the market. As per the International Trade Administration, the automotive sector accounts for approximately 3% to 3.5% of the US GDP. In 2017, about 17.6 million vehicles were sold in the US, out of which 65% were commercial vehicle and 35% are passenger cars. In terms of number, the global sales percentage of cars of the US is nearly 8%; however, the price of vehicles and its accessories are quite high in this region as compared to APAC, Middle East and Latin American region.
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Key players operating in the market include 3M Co., AkzoNobel N.V., BASF SE, DuPont de Nemours, Inc. To survive in the market, these players are adopting crucial strategies, such as product launches, geographical expansion, and partnerships and collaborations. This enables the company to increase its competitiveness and attract significant share in the market. For instance, in June 2017, BASF SE invested $40 million in the production of automotive coatings in North America. This investment aims to add capacity to the manufacturing plants of the company in Greenville, Ohio, and Tultitlan, Mexico.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
North American Ceramic Coatings Market by Technology
- Chemical Vapor Deposition
- Physical Vapor Deposition
- Electrophoretic Deposition
- Thermal Spray
North American Ceramic Coatings Market by Coating Type
- Oxide Coating
- Carbide Coating
- Nitride Coating
- Others (Carbon Coating and Anti-microbial Coating)
North American Ceramic Coatings Market by End-User
- Healthcare
- Industrial Goods
- Steel Industry
- Chemical Industry
- Aerospace & Defense
- Automobile & Transportation
- Others
Regional Analysis
- United States
- Canada
Company Profiles
- 3M
- A&A Thermal Spray Coatings
- AkzoNobel N.V.
- Anderson Paint Company
- APS Materials, Inc.
- Aremco Products Inc.
- BASF SE
- Bell’s Powder Coating
- Ceramic Pro
- DuPont de Nemours, Inc.
The Report covers:
- Comprehensive research methodology of the North American ceramic coatings market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regulations and other government policies impacting the North American ceramic coatings market.
- Insights about market determinants which are stimulating the North American ceramic coatings market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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