The global diamond coatings market to grow at a CAGR of 7.38% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global diamond coatings market for 2018-2022. Diamond coating is a technique to coat various substrates of diverse sizes and shapes with diamond particles. This technique can be employed using two technologies such as chemical vapor deposition (CVD) and physical vapor deposition (PVD). These films and coatings have a wide spectrum of applications such as cutting and grinding tools.
One trend in the market is new oil and gas discoveries. The oil and gas industry has been growing moderately since 2016, after the rise in the prices of crude oil with growth in investments in the upstream sector. The industry has witnessed many significant discoveries over the last few years, which will have a significant impact in the future.
According to the report, one driver in the market is cost advantages of diamond coatings. The low cost of diamond coatings in comparison with industrial diamonds is one of the key factors driving the market. The physical and chemical properties of diamond coatings and industrial diamonds are almost the same.
Further, the report states that one challenge in the market is high capital investment. The requirement of high capital investment to set up diamond coatings units is expected to hamper the market growth. This restricts the entry of new players, which decreases the growth opportunities of the market.
- SP3 Diamond Tech
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Technology
Part 08: Market Segmentation By End-User
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
- SP3 Diamond Tech
For more information about this report visit https://www.researchandmarkets.com/research/gps497/global_diamond?w=4