Press release

Diamond-like Carbon (DLC) Market is projected to reach US$ 2.4 Billion by 2025

 

 
Albany, NY - In the global market for diamond like carbon (DLC) the manufactures are making constant efforts to attain competitive advantage by implementing highly advanced technology, as analyzed by Transparency Market Research (TMR). The manufactures are also introducing new products in the market and putting emphasis on brand promotion. Merges and acquisitions will also change the DLC market scenario. Moreover, the DLC market is expected to develop with the growth in the automotive industry, also increasing demand for high temperature coatings is providing huge opportunities for the DLC manufactures. The report describe about some of the key players in the diamond like carbon market, which includes IBC Coatings Technologies, Oerlikon Groups, Inc., Richter Precision Inc., Norseld Pty Ltd, Morgan Advanced Materials Plc, Wallwork Heat Treatment Ltd, Renishaw Advanced Materials Ltd, and Micromatter Technologies Inc.

As per the TMR report, the diamond like carbon market is expected to attain a stable CAGR of 6.4% during the forecast period starting from 2017 to 2025. The DLC market is also estimated to its valuation that US$ 1.38 bn in 2016. The in the end-users category, automotive segment is estimated to lead the DLC market across various countries. Major reason for this growth is mainly that the DLC reduces the frictional loss during high stress contact and in high temperature operations. These factors are benefitting the automobile industry and have drawn attention of automobile manufactures. Geographically, Europe is leading the global DLC market with highest number of shares. Higher growth of medical, automobile, and packaging industries with supportive government regulation have made the region at the leading position.

Download PDF Brochure -https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33635

Hydrogen-Free Coating to Boost the Demand for DLC Market

The demand for hydrogen-free DLC is largely used by number of end-use industries due to its rigidity and wear resistance when compared to DLC that is combined with hydrogen. In the automotive sector hydrogen-free, DLC coating combines appropriately with the engine oil, which results in forming strong ultra-thin film when special oil additives are applied. Low friction factor and advanced abrasion resistance are increasing the demand for the DLC market. Manufactures in biomedical and automotive industry are aiming to use hydrogen-free DLC for effective working. Additionally, innovative technologies such as pulsed laser deposition and plasma enhanced CVD are expected to trigger the market for DLC.

More Trending Reports by Transparency Market Research - https://www.prnewswire.com/news-releases/ethylene-propylene-diene-monomer-epdm-market-to-reach-us-6-2-bn-by-2027-shift-towards-bio-based-materials-to-drive-market-growth-tmr-301001833.html

Limited Thickness to Restrain the Growth of DLC Market

On the other hand, the DLC market can be restricted due to the limited coating thickness, which is either five µm or less. As the residual stress on the film, keeps on fluctuating it can create a delamination failure during high film stress. Moreover, during the low temperature that will degenerate DLC to graphite that can further limit the market from growing. As the properties of diamond and graphite are not same, thus coating will not affect in gaining the desired properties. Furthermore, in recent years the use of DLC films has intensified in larger production of mechanical components together with medical components. Therefore, this can be taken as the major factors driving the demand for diamond like carbon market globally.

The information presented in this review is based on a TMR report, titled “Diamond-like Carbon (DLC) Market (Type - Pure DLC, Mixed DLC; Application - Drill Bits and Milling Cutters, Saws and Blades, Dies and Molds, Inserts, Others (Hobs and Broaches); End use - Automotive, Medical, Packaging, Electronics, Cosmetics, Others (Aerospace and Industrial)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025.”

Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=33635

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...