TMCnet News
Thermal Barrier Coatings: Global MarketsNEW YORK, July 12, 2017 /PRNewswire/ -- Use this report to: In addition to thermal barrier coating technologies, it also covers the many issues concerning the merits and future prospects of the thermal barrier coating technologies business, including corporate strategies, information technologies and the means for providing these highly advanced products and service offerings. It also covers in detail the economic and technological issues regarded by many as critical to the industry's current state of change. The report provides a review of the thermal barrier coating technologies industry and its structure, and the OEMs, MROs, manufacturers of PMA equipment and surface technology expert coaters involved in providing these coatings. The competitive position of the main players in the TBC market is well protected due to license restrictions by OEMs (e.g., GE Aviation, Pratt & Whitney, Rolls-Royce, Safran) for sharing TBC solutions for hot section gas turbine for aircraft, particularly the high-pressure blades and vanes. Manufacturers of PMA parts have received approval through aircraft regulating agencies such as the Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA) and National Aero and Defense Contractors Accreditation Program (Nadcap). This has narrowed down the competition in TBC related solutions applied to gas turbines used in aircraft. On the other hand, gas turbines used in the power generation industry and other industrial stationary applications have a large number of approved MROs globally to repair and recoat the thermal barrier coatings on the hot section of gas turbines that undergo high-pressure blade/vane repair. These MROs follow approved quality certification procedures of OEMs (e.g., GE, Siemens, Rolls-Royce) for the bond coat and top coat. The forecast tables represent the estimated value of the thermal barrier coating technologies added to the components of gas turbines and diesel engines as manufactured by the OEMs, MROs, PMA parts companies and coaters. In this report, the term revenue is equivalent to, and is used interchangeably with purchases, demand and sales. All growth rates mentioned in the tables and text are based on compound annual growth rates (CAGRs) from 2016 through 2021. Because current 2016 dollar measures are used, these growth rates thus reflect the growth in volume or real growth, including the effects of price changes and changes in product/service mix. METHODOLOGY The research methodology was qualitative in nature and employed a triangulative approach, which aids in establishing validity. Initially, a comprehensive and exhaustive search of the literature on the application of thermal barrier coating technologies in the hot section of aircraft gas turbines, power generation gas turbines industrial gas turbine (IGT) and marine diesel engines was conducted. These secondary sources included thermal barrier coating technology journals and related books, trade literature, marketing literature, other product/promotional literature, annual reports, security analyst reports and other publications. A patent search and analysis were also conducted. In a second phase, a series of semi-structured telephone interviews and email correspondence was conducted with marketing executives, product sales engineers, international sales managers, application engineers and other personnel of companies that offer thermal barrier coating technologies. Other sources include thermal barrier coating technology magazines, academics, technology suppliers, technical experts, trade association officials, government officials and consulting companies. These were a rich source of data. Subsequent analysis of the documents and interview notes was iterative. To understand the TBC market for gas turbines, the research study measured total number of blades, vanes, nozzles and combustors used for gas turbines along with their average price. Similarly, to understand the TBC market for diesel engines for marine application, the study measured the total number of piston, cylinder liners and exhaust pipes and their associated average price. All measurements were derived from manufacturers' total revenues from three types of providers, namely, OEMs, MROs providers and manufacturers of PMA equipment. INFORMATION SOURCES Initially, a comprehensive and exhaustive search of the literature on thermal barrier coating technologies was conducted. These sources included latest the press releases on company websites, including application news, company news, marketing news, product news, brochures, product literature, thermal barrier coating technology magazines (e.g., Aircraft Commerce), technical journals, technical books (Handbook of Thermal Spray Technology published by ASM International), marketing literature, other promotional literature, annual reports, security analyst reports and other thermal barrier coating technology business digest publications. Publications related to the aviation industry, power industry and marine industry, on thermal barrier coating technologies that were consulted include the Journal of Thermal Spray Technology, Thermal Spray Society (ASM International), Acta Materialia, Journal of Vacuum Science and Technology A, Surface and Coating Technology, Journal of Porous Materials, Materials Science and Engineering A, Journal of American Ceramic Society, Journal of European Ceramic Society, MRS Bulletin, The Society of Vacuum Coaters. The ASME Journal of Engineering for Gas Turbines and Power and journal articles, conference papers, books and data information, developed by the U.S. Department of Energy (DOE) Office of Scientific and Technical Information (OSTI) and online research papers published by various U.S., European, Chinese and Korean universities and research institutes. The latest issues of magazines such as Aircraft Commerce were also studied to extract the desired information related to TBC. There is very little specific data in the available literature that analyzes the thermal barrier coating technology industry as a whole, and the data that do exist, for the most part, present thermal barrier coating technologies as part of the hot section components of turbine parts such as blades, vanes, combustors and the hot section components of diesel engines such as piston tops and exhaust pipes. The challenge was to identify the thermal barrier coating technology market and evaluate where it fits in with the gas turbines used in aircraft and gas turbines used in power generation, IGT and in the marine diesel engine industry. An extensive patent analysis was conducted to gauge technological innovation and to determine research activity as it applies to new product development. The second phase involved formal and informal telephone interviews/emails correspondence with personnel in companies that offer thermal barrier coating technologies for application in gas turbines and diesel engines. Gas turbine and diesel engine suppliers, design engineers, consulting companies, other technical experts, government officials and trade association officials were also interviewed, as well as the personnel of the thermal barrier coating technology companies. ANALYST'S CREDENTIALS Since 2004, BL Gupta had authored more than 34 market research reports on cutting edge technology pertaining to the emerging technologies connected with piezoelectric actuators, piezo motors, piezo sensors, PVDF sensors, automotive semiconductors, energy storage devices such as lithium ion batteries, ultracapacitors and electrical equipment such as power and distributing transformers, materials such as permanent magnets, soft magnetic materials and the Internet of Things (IoT) related to manufacturing and other topics focused on the U.S. and global market. Read the full report: http://www.reportlinker.com/p04754984/Thermal-Barrier-Coatings-Global-Markets.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
View original content:http://www.prnewswire.com/news-releases/thermal-barrier-coatings-global-markets-300487249.html SOURCE Reportlinker |