Dublin, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The "Hydrogen-Free Diamond Like Carbon Coating (DLC) Market by Type (PVD, PACVD), Application (Automobile Components, Tooling Components), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global Hydrogen-Free diamond like carbon coating (DLC) market size reached US$ 937.1 Million in 2023. Looking forward, the market is set to reach US$ 1.76 billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2023-2032. The growing utilization for enhancing biocompatibility of medical implants, increasing demand for high performance and cost-effective coating solutions, and rising adoption in the automotive industry for coating various components represent some of the key factors driving the market. 
According to the report, Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others) was the largest market for Hydrogen-Free diamond like carbon coating (DLC). Some of the factors driving the Europe Hydrogen-Free diamond like carbon coating (DLC) market included the growing demand for corrosion and wear resistant coating solutions, increasing utilization in the healthcare industry to reduce risk of infection, rising adoption in the automotive sector for coating various automotive components, etc.
Hydrogen-Free Diamond Like Carbon Coating (DLC) Market Trends
At present, the increasing demand for hydrogen-free DLC in the automotive industry for coating engine components, such as valve filters, door hinges, tappets, wrist pins, and camshafts, to reduce friction and enhance performance represents one of the major factors influencing the market positively. Additionally, the rising adoption of hydrogen-free DLC in the healthcare industry for coating several medical implants, such as hip and knee replacements, to improve their biocompatibility and eliminates the risk of infection in the body is contributing to the growth of the market.
Apart from this, the growing demand for scratch-resistant glass and various glass products among individuals around the world is offering a positive market outlook. Moreover, the rising adoption of hydrogen-free DLC, as it is highly suitable for coating inserts, drills, taps, saw blades, and punches, is offering lucrative growth opportunities to industry investors.
Besides this, various benefits offered by hydrogen-free DLC, such as low friction, exceptional brittleness, and bio-inert properties, are supporting the growth of the market. In addition, there is a rise in the demand for high-performance and cost-effective coating solutions across the globe. This, coupled with the increasing number of orthopedic surgeries, cardiovascular treatments, and therapies among individuals, is strengthening the growth of the market. Furthermore, the rising demand for hydrogen-free DLC on piston rings to provide a smooth substrate is impelling the growth of the market.
Market Segmentation
This report provides an analysis of the key trends in each segment of the global Hydrogen-Free diamond like carbon coating (DLC) market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on type and application.
Type Insights
- According to the report, PVD represented the largest segment.
Application Insights
- According to the report, automobile components accounted for the largest market share.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global Hydrogen-Free diamond like carbon coating (DLC) market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report.
Also, detailed profiles of all major companies have been provided. Some of the companies covered include Acree Technologies Inc., Calico Coatings, IBC Coatings Technologies Ltd., IHI Corporation, OC Oerlikon Management AG, Star Arc Coating New Material Technology (Suzhou) Co. Ltd., etc.
Key Questions Answered in This Report:
- How has the global Hydrogen-Free diamond like carbon coating (DLC) market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global Hydrogen-Free diamond like carbon coating (DLC) market?
- What is the impact of each driver, restraint, and opportunity on the global Hydrogen-Free diamond like carbon coating (DLC) market?
- What are the key regional markets?
- Which countries represent the most attractive Hydrogen-Free diamond like carbon coating (DLC) market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the Hydrogen-Free diamond like carbon coating (DLC) market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the Hydrogen-Free diamond like carbon coating (DLC) market?
- What is the competitive structure of the global Hydrogen-Free diamond like carbon coating (DLC) market?
- Who are the key players/companies in the global Hydrogen-Free diamond like carbon coating (DLC) market?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 146 |
| Forecast Period | 2023-2032 |
| Estimated Market Value (USD) in 2023 | $937.1 Million |
| Forecasted Market Value (USD) by 2032 | $1765.3 Million |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
Key Topics Covered
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hydrogen-Free Diamond Like Carbon Coating (DLC) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 PVD
6.2 PACVD
7 Market Breakup by Application
7.1 Automobile Components
7.2 Tooling Components
8 Market Breakup by Region
8.1 North America
8.2 Asia-Pacific
8.3 Europe
8.4 Latin America
8.5 Middle East and Africa
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Acree Technologies Inc.
13.3.2 Calico Coatings
13.3.3 IBC Coatings Technologies Ltd.
13.3.4 IHI Corporation
13.3.5 OC Oerlikon Management AG
13.3.6 Star Arc Coating New Material Technology (Suzhou) Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/n3idi5
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