India Ceramic Coatings Market Overview, 2028

The ceramic coating market in India has grown significantly in recent years, owing to an integration of events that has reshaped the country's coating landscape. India's rapidly expanding automotive sector has played a significant role in defining the ceramic coating market. With a growing middle class, an interest in high-performance automobiles, and a need for improved protection and visual appeal, automotive fans are turning to ceramic coatings as the ultimate solution. Technological improvements have played a critical role in boosting India's ceramic coating market. The industry has embraced cutting-edge technology to increase the performance and longevity of ceramic coatings, from enhanced coating formulas to advanced application procedures. Ceramic coatings have been the go-to choice for surfaces in a wide range of applications due to the introduction of self-healing characteristics, improved hardness, and enhanced resistance to wear and abrasion. Customization is highly valued in the Indian market. Ceramic coatings provide a variety of alternatives, including matte finishes, metallic effects, and custom colours. Individuals may add their personal touch and create really unique finishes for their vehicles, residences, and business spaces, which fuels the desire for ceramic coatings that represent personality and flair. India's geographical diversity results in a wide range of climates, from the scorching heat of the plains to the high humidity of coastal regions and the chilly winters in the northern mountains. This diversity poses unique challenges for surface protection and durability. Ceramic coatings tailored to withstand these diverse climate conditions and environmental challenges find a special place in the Indian market, where customers seek coatings that can effectively protect surfaces against UV radiation, extreme temperatures, corrosion, and pollution. According to the research report "India Ceramic Coatings Market Overview, 2028," published by Bonafide Research, the India Ceramic Coatings market is expected grow at 10.86% CAGR from 2023 to 2028. Customers in the Indian market are price-sensitive, and they are aware of the value proposition offered by ceramic coatings. While quality and performance are vital, cost-effectiveness is an important factor in decision-making. In the Indian market, ceramic coating manufacturers and applicators who can supply high-quality coatings at competitive pricing are well positioned. In addition to standard ceramic coatings, paint protection films (PPF) are becoming more popular in India. PPF is a clear, self-healing film that adds a layer of protection against scratches, rock chips, and UV damage. PPF is a flexible and long-lasting option for preserving vehicle paintwork, and its popularity is growing among car owners looking for all-around protection. In India, there is an increasing adoption of advanced application techniques for ceramic coatings. These include techniques such as spray application, dip coating, and automated coating processes, which offer greater efficiency, consistency, and precision. The use of advanced application techniques ensures a uniform and high-quality coating application, resulting in better performance and aesthetics. The ceramic coating market in India is witnessing the expansion of professional ceramic coating service providers. Dedicated ceramic coating studios and authorized applicators are increasing in number, offering specialized services for automotive, architectural, and industrial applications. This trend provides customers with more options for high-quality ceramic coating applications and ensures professional expertise in the process.

The product of the market include oxide coating, carbide coating nitride coating and others (boride coatings, silicide coatings, composite coatings, diamond-like carbon (DLC) coatings, fluoride coatings, sulphide coatings, zirconium coatings). Among them carbide coating is one of the fastest growing product type growing with highest CAGR of the market during the forecast period. Technological advances in carbide coating procedures, such as thermal spray techniques such as high-velocity oxy-fuel (HVOF) and plasma spraying, have increased carbide coating quality, efficiency, and affordability. Carbide coatings have become more available to a broader range of industries and applications as coating formulas, deposition methods, and equipment have improved. Carbide coatings are also extremely corrosion-resistant. They can act as a barrier between the underlying substrate and corrosive substances such as chemicals, acids, and alkaline solutions. Carbide coatings' capacity to defend against corrosion is especially beneficial in India, where industries such as chemical processing, oil refining, and maritime operations are common. Based on technology market is segmented into thermal spray, physical vapor deposition, chemical vapor deposition and others (sol-gel coating, electroplating, ion implantation, laser cladding, dip coating, ion beam assisted deposition (IBAD), etc.). Among them physical vapor deposition technology is predicted to grow positively with highest CAGR of the market in India. The automotive and medical sectors are two of the largest end-user industries for PVD coatings. The automotive sector is using PVD coatings to improve the performance and fuel efficiency of vehicles, while the medical sector is using PVD coatings to improve the performance and safety of medical implants and devices. PVD coatings are more sustainable than traditional coating methods, such as painting. This is because PVD coatings do not require the use of solvents or other hazardous chemicals. As a result, the growing focus on sustainability is expected to drive the demand for PVD coatings in India. The rising disposable income of consumers in India is leading to an increase in the demand for luxury goods, such as jewelry and watches. PVD coatings are used to improve the appearance and durability of these goods, which is expected to drive the demand for PVD coatings in India. Considered in this report: • Geography: India • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Manmayi Raval

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Aspects covered in this report: • India Ceramic Coatings market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Oxide Coating • Carbide Coating • Nitride Coating • Others (boride coatings, silicide coatings, composite coatings, Diamond-like carbon (DLC) coatings, Fluoride coatings, Sulphide coatings, Zirconium coatings) By Technology: • Thermal Spray • Physical Vapor Deposition (PVD) • Chemical Vapor Deposition (CVD) • Others (Sol-gel coating, Electroplating, Ion implantation, Laser cladding, Dip Coating, Ion Beam Assisted Deposition (IBAD), etc.)

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By Application: • Transportation & Automotive • Energy • Aerospace & Defense • Industrial Goods • Healthcare • Others (Electronics and Semiconductors, Consumer Goods, Architecture and Building Materials, Marine and Offshore Applications, Optics and Photonics, Sports and Recreation) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Ceramic Coatings industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.