North American ceramic coatings market is estimated to grow at a CAGR of around 6.4% during the forecast period. Favorable government schemes and increasing demand for passenger and commercial vehicles is primarily contributing to the growth of the market. As per the International Trade Administration, the automotive sector accounts for approximately 3% to 3.5% of the US GDP. In 2017, about 17.6 million vehicles were sold in the US, out of which 65% were commercial vehicle and 35% are passenger cars. In terms of number, the global sales percentage of cars of the US is nearly 8%; however, the price of vehicles and its accessories are quite high in this region as compared to APAC, Middle East and Latin American region. 

Significant sales of the automotive vehicle lead the increasing demand for its parts such as optically transparent materials (including windshield and windows); sensors and engines that all require ceramic coating for its protection which in turn, supports the adoption of ceramic coatings. Ceramics find its application in transportation as they are lightweight and are capable of withstanding high temperature. In addition, it poses excellent resistance to wear and corrosion. These benefits offered by the ceramics have propelled its demand in the automotive industry. 

Key players operating in the market include 3M Co., AkzoNobel N.V., BASF SE, DuPont de Nemours, Inc. To survive in the market, these players are adopting crucial strategies, such as product launches, geographical expansion, and partnerships and collaborations. This enables the company to increase its competitiveness and attract significant share in the market. For instance, in June 2017, BASF SE invested $40 million in the production of automotive coatings in North America. This investment aims to add capacity to the manufacturing plants of the company in Greenville, Ohio, and Tultitlan, Mexico. 

Research Methodology

The market study of the North American ceramic coatings market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Authentic public databases 
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for established and emerging ceramic coating market players, researchers and manufactures, start-ups, venture capitalists, and government organizations for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models. 

Market Segmentation:

• North American Ceramic Coatings Market Research and Analysis, By Technology
• North American Ceramic Coatings Market Research and Analysis, By Coating Type
• North American Ceramic Coatings Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the North American ceramic coatings market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regulations and other government policies impacting the North American ceramic coatings market.
• Insights about market determinants which are stimulating the North American ceramic coatings market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.