Diamond Like Carbon or DLC finds wide applications in the automotive industry owing to its excellent properties such as high hardness, chemical inertness, low friction and wear resistance. DLC coated components are being increasingly used in engines and transmissions of vehicles for parts like piston rings, cams, and gears to reduce friction and improve fuel efficiency. Furthermore, DLC coated auto parts are more durable and last longer than conventional lubricated metallic parts, helping reduce replacement and maintenance costs for automakers. The global diamond like carbon market is estimated to be valued at US$ 2.27 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the diamond like carbon market are Oerlikon Balzers, Ionbond, Techmetals, IHI Ionbond, Kurt J. Lesker Company, Plasma-Therm, Advanced Coating, Diamond Innovations, CemeCon, Surface Technology Systems (STS), Nissan Chemical Industries, AccuCoat, Neocoat, PVD Coatings Ltd, and Covalent Coatings.
The Diamond Like Carbon Market opportunities include its increasing application in new industries like solar panels, medical devices, and emerging technologies such as plasma vapor deposition.Furthermore, the growing demand for durable and chemically inert coatings from various end use industries is expected to drive the adoption of DLC coatings.
Get More Insights On Diamond Like Carbon Market
https://www.ukwebwire.com/diam....ond-like-carbon-mark
Diamond Like Carbon or DLC finds wide applications in the automotive industry owing to its excellent properties such as high hardness, chemical inertness, low friction and wear resistance. DLC coated components are being increasingly used in engines and transmissions of vehicles for parts like piston rings, cams, and gears to reduce friction and improve fuel efficiency. Furthermore, DLC coated auto parts are more durable and last longer than conventional lubricated metallic parts, helping reduce replacement and maintenance costs for automakers. The global diamond like carbon market is estimated to be valued at US$ 2.27 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the diamond like carbon market are Oerlikon Balzers, Ionbond, Techmetals, IHI Ionbond, Kurt J. Lesker Company, Plasma-Therm, Advanced Coating, Diamond Innovations, CemeCon, Surface Technology Systems (STS), Nissan Chemical Industries, AccuCoat, Neocoat, PVD Coatings Ltd, and Covalent Coatings.
The Diamond Like Carbon Market opportunities include its increasing application in new industries like solar panels, medical devices, and emerging technologies such as plasma vapor deposition.Furthermore, the growing demand for durable and chemically inert coatings from various end use industries is expected to drive the adoption of DLC coatings.
Get More Insights On Diamond Like Carbon Market
https://www.ukwebwire.com/diam....ond-like-carbon-mark
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