Ceramic Coatings Market to Reach $23 Billion by 2036, Driven by Automotive and Construction Demand
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Ceramic coatings market projected to reach $23 billion by 2036, driven by increasing vehicle sales and applications across sectors like healthcare and defense.
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Asia Pacific holds 50% market share due to rising constructions and investments in buildings and homes.
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North America sees 20% market share thanks to growing aerospace and defense sectors.
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Automotive and transportation sector makes up 32% share owing to demand for corrosion protection in vehicles.
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Thermal spray technology to account for 50% share due to wide range of coating applications and enhanced surface characteristics.