Ceramic Coating Market by Size, Share, Demand & Trends by 2032
The increased automotive production in these countries is likely to boost sales of ceramic coating in automobiles. The ceramic coating market size is expected to be worth US$ 10.49 billion in 2022 and US$ 21.82 billion by 2032, with a 7.6 percent CAGR from 2022 to 2032. The growing demand for ceramic coating in developing countries is expected to propel the ceramic coating market share forward. Due to its high anti-corrosion and abrasion resistance, ceramic coating is used extensively in the steel industry, including on chimneys, refractory pumps, bearings, and bricks. The ceramic coating market size is expected to grow throughout 2032 due to properties such as corrosion resistance, wear, shock resistance, and hardness. The use of ceramics as transparent conductive coatings (TCOs) in solar panels increased the demand for ceramic coating. Installing solar PV systems in residences, commercial buildings, and industrial facilities is likely to improve the ceramic coating market o