Diamond Coatings Market Size, Share, Growth Report 2030

Global Diamond Coatings Market Size

The global Diamond Coatings market, which was estimated at 2.17 (USD Billion) in 2019 and is likely to accrue nearly 3.45 (USD Billion) By 2026, is set to record a CAGR of nearly 7.98% over 2020-2026. The report offers valuation and analysis of Diamond Coatings market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Diamond coating is a procedure through which a uniform diamond layer is deposited on substances including glass, ceramics, plastics, composites, and metals. The coating is carried out through utilization of carbon feed gas that is made to pass into the chamber and is exposed to various kinds of lasers through use of PVD & CVD techniques.  Additionally, diamond coating helps in imparting resistance against substrate corrosion, wear & tear, and  impart hardness to the surface material.

Moreover, diamond coatings are gaining tremendous popularity across the globe as a result of their robust as well as proficient optical, mechanical, and electric features. In addition to this, few of the benefits offered by the product include huge thermal conduction, unique wear characteristics, low friction coefficient, and optimum surface hardness. Furthermore, the product provides an apt solution to the spectrum of surface performance issues.

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Global Diamond Coatings Market Growth Drivers

In Global Diamond Coatings Market Report, Massive demand for medical equipment coated with diamond will steer the market trends.  Large-scale use of diamond coating in electronics, healthcare, mechanical, and industrial sectors will enlarge the scope of the diamond coatings market over the forecast timeframe. Favorable product features like rust resistance and biocompatibility will enhance the product penetration in various sectors and thereby amplify the market growth over the forthcoming years.

Furthermore, humungous utility of diamond coated systems in optical windows, wear components, prosthetics, electrical parts, and heat sinks due to the massive need for imparting strength to these materials will drive the market growth. Apparently, need for enhancing life span of super abrasives as well as adaptability will steer the industry growth in the coming years.

Asia Pacific To Retain Dominant Market Position Over Forecast Timespan

The growth of the market in Asia Pacific over the estimated timeline is owing to slew of product applications in electronics & automotive sectors along with huge presence of reputed manufacturers in the countries like India. Apart from this surge in the funding of component manufacturing as well as medical instrument production in India and China is likely to impel the business growth in the region.

Key players profiled in the report D-Coat GmbH, Diamond coatings, United Protective Technologies, SP3 Diamond Technologies, Blue Wave Technologies, Sandvik Hyperion, and JCS Technologies.

The global diamond coatings market is segmented as follows:

Global Diamond Coatings Market By Technology

• CVD
• PVD

By Substrate

• Metal
• Ceramics
• Composites
• Others

By End-use Industry

• Electronic
• Mechanical
• Industrial
• Medical
• Automotive
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa