Monday, December 5, 2022

Email id:, Contact Us : +91-9015378249

Home Metal Mining and Chemicals Increase in Demand for Diamond Coated Medical Devices & Equipment Estimated to...

Increase in Demand for Diamond Coated Medical Devices & Equipment Estimated to Drive Global Diamond Coating Market: Ken Research

Diamond coating is a type of amorphous carbon that possesses some of the usual properties of diamond. It is also known as diamond like carbon. It is an environmentally friendly & financially viable for machining metal matrix composites (MMC). It provides an excellent solution for an extensive range of surface performance issues. Its applications are rising significantly in several industry verticals, due to its versatile nature. Diamond-coated components provide many performance and economic benefits. Diamond-coated tools are well-known for their low friction coefficient and exceptional hardness. These tools are being adopted for high-precision cutting, precision dressing, cutting tools, and grinding. These versatile properties of diamond coatings boost its demand from several end-user industries, such as electronics, industrial, medical, mechanical, and automotive.

The key benefits are included high thermal conductivity, maximum surface hardness, low coefficient of friction, and exceptional wear properties.

According to study, “Global Diamond Coating Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global diamond coating market are Specialty Coating Systems, Inc., Hydromer, Inc., SurModics, Inc., Nanocopoeia, Inc., N2 Biomedical, Hemoteq AG, AST Products, Inc., Armoloy of Connecticut, Inc., Royal DSM, Biocoat, Inc., Oerlikon Balzers,    SP3 Diamond Technologies, D-Coat GmbH, Advanced Diamond Technologies, Neocoat SA, Diamond Product Solutions, Crystallume Corporation, Blue Wave Semiconductors, Element Six, JCS Technologies PTE Ltd.

Based on technology, diamond coating market is segmented into physical vapor deposition technology (PVD) and chemical vapor deposition (CVD) technology. PVD technology segment includes electron beam, cathodic arc deposition, sputter deposition and others. CVD includes LPCVD (Low Pressure CVD), PECVD (Plasma Enhanced CVD), APCVD (Atmospheric Pressure CVD), MOCVD (Metal Organic CVD) and others. CVD technology holds major share in market owing to it is used for thin film deposition over substrate material in several end-use industries. Based on substrate, market is segmented into composite, metal, ceramic and others. Based on synthesis type, market is segmented into atmospheric pressure synthesis and low-pressure synthesis. Based on application, market is segmented into optical windows, electrical components, heat sinks, wear parts and prosthetics. In addition, based on end-use industry, market is segmented into mechanical, medical, electronics, industrial, automotive and others.

The diamond coating market is driven by enhanced life of cutting tools & equipment, followed by increase in demand for diamond coated medical devices & equipment, rise in improvements in the quality of diamond coating and growth in demand from various end-use industries. However, growth in requirement of qualified workforce for operation and high capital investment may impact the market. Moreover, increase in diamond coated tools in the construction industry and rise in innovation in technology through research & development (R&D) are key opportunities for market.

Based on geography, the Asian-Pacific region dominates the diamond coating market owing to accessible & economical raw material and accessibility of labors at low expenses in the region. The North-American and European regions are estimated to witness higher growth rate due to presence of well-established end-user industries such as electronics and automotive over the forecast period. In upcoming years, it is projected that future of the market will be optimistic on account of rise in investments in component manufacturing and medical devices during the forecast period.

For More Information, click on the link below:-

Global Diamond Coating Market Research Report

Related Reports:-

Global Diamond-Like Carbon Coating(DLC) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

World Diamond-Like Carbon Coating Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications



Global Epoxy Resin Market Size, Growth and Future Outlook: Ken Research

Buy Now Market Overview: Epoxy resin refers to a type of reactive prepolymer and polymer containing epoxide groups. These resins react either with themselves in the...

Global Synthetic Leather Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 – Ken Research

Buy Now Market Overview Artificial leather, often known as synthetic leather, is a material designed to replace real leather in applications such as upholstery, clothing, footwear,...

3 Key Insights on Competitive Landscape in the Global Green Chemicals Market: Ken Research

Buy Now Regional Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Global Players, Regional Players,...

Most Popular

Thai Government’s Investment In Upgrading Aviation Capacity At International Airports As Well As In Developing The Eastern Aviation City Is Supporting Thailand’s Position As...

Buy Now Rising Domestic Consumption of Meat:  The leading meat products consumed in the country are chicken and pork based in 2021 but beef consumption...

Kuwait Vehicle Leasing Market is estimated to grow at a positive CAGR of 11% in between 2022E and 2026F: Ken Research

Buy Now Driven by burgeoning youth population, government projects and innovative products in the market Millennials Preferring Leasing Vehicles: The Kuwait Car Leasing Market has witnessed...

Rising Automobile demand, Flexible models of financing, increase in Online Auto Finance Aggregator and Growth in Auto Finance industry had driven UAE Auto Finance...

Buy Now Focus on Growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by...

Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market Revenue, Segments, Outlook 2022-2028 – Ken Research

Buy Now Market Overview The vertical cavity surface emitting laser (VCSEL) is a type of semiconductor laser diode with a laser beam that emits light or...