DUBLIN--(BUSINESS WIRE)--The "Diamond Coatings Market by Technology (CVD, PVD), Substrate (Metal, Ceramic, Composite), End-Use Industry (Electronics, Mechanical, Industrial, Medical, Automotive) & Region (Europe, North America, APAC, MEA, South America)- Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The diamond coatings market is projected to grow from USD 1.76 billion in 2017 to USD 2.56 billion by 2022, at a CAGR of 7.8% between 2017 and 2022.
The increasing demand for diamond coated medical devices and equipment, and enhanced life of cutting tools and equipment are the major factors driving the demand for diamond coatings. However, high capital investment and requirement of a qualified workforce for operation are expected to restrain the growth of the diamond coatings market during the forecast period.
CVD is a widely used material processing technology. The technology for CVD of pure diamond coatings on rotating cutting tools has developed rapidly in the past several years. In recent times, several advanced composite materials, for example, carbon fiber reinforced plastics (CFRP) parts that are gaining popularity are perfectly suited to be machined with CVD diamond tooling. This has spurred the growth of the CVD diamond coating technology.
Based on technology, the CVD segment accounts for the largest share of the overall diamond coatings market in 2016. CVD is a widely used material processing technology. This technology is used for thin film deposition over substrate material in various end-use industries.
- Increasing Demand for Diamond Coated Medical Devices and Equipment
- Enhanced Life of Cutting Tools and Equipment
- High Capital Investment
- Requirement of Qualified Workforce for Operation
- Innovation in Technology Through R&D
- Diamond Coated Tools in the Construction Industry
- Adhesion Difficulties on Various Substrates
- Oerlikon Balzers
- D-Coat GmbH
- Neocoat SA
- Crystallume Corporation
- Element Six
- SP3 Diamond Technologies
- Advanced Diamond Technologies
- Blue Wave Semiconductors
- Diamond Product Solutions
- JCS Technologies PTE Ltd
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Diamond Coatings Market, By Technology
7 Diamond Coatings Market, By Substrate
8 Diamond Coatings Market, By End-Use Industry
9 Diamond Coatings Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/w5pk8d/global_diamond?w=4