Hard Coatings Market Size, Share & Trends Analysis Report By Product, (Nitrides, Oxides, Carbides), By Technology (PVD, CVD), By Application (Cutting Tool, Decorative Coatings, Optics, Gears, Bearings, Pistons), By End Use By Region, And Segment Forecasts
Hard Coatings Market Size, Share & Trends Analysis Report By Product, (Nitrides, Oxides, Carbides), By Technology (PVD, CVD), By Application (Cutting Tool, Decorative Coatings, Optics, Gears, Bearings, Pistons), By End Use By Region, And Segment Forecasts, 2024 - 2030
Hard Coatings Market Size & Trends
The global hard coatings market size was estimated at USD 1,062.9 million in 2023 and is projected to reach at a CAGR of 7.1% from 2024 to 2030. The superior wear and abrasion resistance, essential for extending the lifespan of components in demanding applications such as automotive engines, aerospace turbines, and industrial machineries, driving the market growth.
The optical industry is a significant consumer of the product owing to several benefits compared to soft coatings. The product maintains its properties for many years despite continuous use, whereas soft-coated lenses and optical components tend to degrade over time. The product is scratch-resistant, durable, anti-reflective, and anti-fog, thereby significantly enhancing the longevity and performance of optical products.
The product market faces a significant challenge due to the high costs associated with the coating process, which may hinder its growth. The availability of alternative solutions serves as a barrier to the market's expansion. These factors together limit the growth potential of the hard coating market over the forecast period.
Global Hard Coating Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global hard coatings market report based on product, technology, application, end use & region.
Product Outlook (Revenue, USD Million, 2018 - 2030)
Nitrides
Oxides
Carbides
Carbon
Other Products
Technology Outlook (Revenue, USD Million, 2018 - 2030)
PVD
CVD
Application Outlook (Revenue, USD Million, 2018 - 2030)
Cutting Tool
Decorative Coatings
Optics
Gears
Bearings
Pistons
Cams
Cylinders
Hydraulic/Pneumatic Components
Other Applications
End Use Outlook (Revenue, USD Million, 2018 - 2030)
General Manufacturing
Transportation
Building & Architecture
Medical Equipment
Food Manufacturing Equipments
Automotive
Other End uses
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Global Space Mining Market Outlook
3.2. Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Space Mining Market: Asteroid Type Estimates & Trend Analysis
4.1. Space Mining Market: Asteroid Type Movement Analysis, 2023 & 2030
4.2. C-Type
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.3. S-Type
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.4. M-Type
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Space Mining Market: Phase Estimates & Trend Analysis
5.1. Space Mining Market: Phase Movement Analysis, 2023 & 2030
5.2. Spacecraft Design
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.3. Launch
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4. Operation
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Space Mining Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2023 & 2030
6.2. North America
6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.2.2. Market estimates and forecasts, by asteroid type, 2018 - 2030 (USD Million)
6.2.3. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, by asteroid type, 2018 - 2030 (USD Million)
6.3.3. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, by asteroid type, 2018 - 2030 (USD Million)
6.4.3. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants