Titanium Nitride Coating Market Size Worth USD 8.29 Billion by 2028, Market Trend – Growing demand for corrosion-resistant coatings

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Titanium Nitride Coating Market Size Worth USD 8.29 Billion by 2028, Market Trend – Growing demand for corrosion-resistant coatings

April 26
22:24 2021
The global titanium nitride coating market size reached USD 4.51 Billion in 2020 and is expected to register a CAGR of 7.8% during the forecast period.

The global titanium nitride coating market size is expected to reach USD 8.29 Billion in 2028, according to latest analysis by Emergen Research. Increasing demand for wear- and corrosion-resistant coatings and materials for manufacturing cutting tools, medical devices, and food processing equipment, rising investment in research and development of various nano-coatings as well as nano-materials are some key factors supporting market revenue growth.

Titanium nitride is a very hard ceramic material used to coat various substrates such as titanium alloys, aluminum, and steel for improving surface properties. Titanium nitride has excellent properties including high heat resistance, hardness, good corrosion resistance, and wear resistance properties. In addition, it is also electrically conductive, non-oxidizing, and non-toxic in nature. Titanium nitride is widely used in manufacturing of cutting tools as it offers hardness and high oxidation resistance properties, and is also used to coat surgical instruments and dental and medical implants due to its non-toxic nature.

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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Titanium Nitride Coating market.

Key players operating in the market are Acree Technologies Inc., BryCoat Inc., Beamalloy Technologies, LLC, IHI Ionbond AG, Northeast Coating Technologies, Richter Precision, Inc., SurfTech, Surface Engineering Technologies LLC, Techmetals, Inc., and Vergason Technology, Inc.

For the purpose of this report, Emergen Research has segmented the global titanium nitride coating market based on deposition technique, surface material, application, target type, and region:

  • Deposition Technique Outlook (Revenue: USD Billion; 2018–2028)
    • Physical Vapor Deposition
    • Sputtering
    • Ion Plating
    • Chemical Vapor Deposition
  • Surface Material Outlook (Revenue: USD Billion; 2018–2028)
    • Titanium Alloys
    • Steel
    • Carbide
    • Aluminum
  • Application Outlook (Revenue: USD Billion; 2018–2028)
    • Cutting Tools
    • Aircraft
    • Medical
    • Decorative
  • Target Type Outlook (Revenue: USD Billion; 2018–2028)
    • Plane Target
    • Rotating Target

The Global Titanium Nitride Coating Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Titanium Nitride Coating market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

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Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Global Titanium Nitride Coating Market Segmentation & Impact Analysis

    4.1. Global Titanium Nitride Coating Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for corrosion-resistant coatings and materials for manufacturing surgical devices.

                    4.2.2.2. Increasing demand for high-quality cutting tools

          4.2.3. Market restraints analysis

                    4.2.3.1. Availability of alternative coatings

                    4.2.3.2. High cost of titanium nitride coating

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Global Titanium Nitride Coating Market Deposition Technique Insights & Trends, Revenue (USD Billion)

    5.1. Deposition Technique Dynamics & Market Share, 2021 & 2028

          5.1.1. Physical Vapor Deposition

          5.1.2. Sputtering

          5.1.3. Ion Plating

          5.1.4. Chemical Vapor Deposition

Chapter 6. Global Titanium Nitride Coating Market Surface Material Insights & Trends Revenue (USD Billion)

    6.1. Surface Material Dynamics & Market Share, 2021 & 2028

          6.1.1. Titanium Alloys

          6.1.2. Steel

          6.1.3. Carbide

          6.1.4. Aluminum

Chapter 7. Global Titanium Nitride Coating Market Application Insights & Trends Revenue (USD Billion)

    7.1. Application Dynamics & Market Share, 2021 & 2028

          7.1.1. Cutting Tools

          7.1.2. Aircraft

          7.1.3. Medical

          7.1.4. Decorative

CONTINUED…!

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