Global Thermal Barrier Coatings Market: Efforts to Improve Engine Performance Trigger Consumption, observes TMR
The global thermal barrier coatings market is facing tough competition, especially in Asia Pacific. To ensure steady sales, companies are engaging in long-term contracts. For instance, A &A Company, Inc. has been supplying ceramic coatings for valve balls to the U.S. Navy. The other players such as Praxair Surface Technologies, Inc., H.C. Starck Inc., and ASB Industries are expected to focus on research and development activities and extending contracts to remain ahead of the competition. The research report states that the global thermal barrier coatings market will be worth US$22.4 bn by the end of 2024 as compared to US$12.4 bn in 2015. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.6% due to the strengthening automotive market across the globe. Browse Market Research Report @ http://www.transparencymarketresearch.com/thermal-barrier-coatings-market.html North America to Command Influence as Reg...