Resumen de Ceramic coatings market to pass $10bn by 2020 as proppants continue to struggle
The report, entitled "Ceramic Coatings Market by Type, Technology and by Application - Global Trends & Forecasts to 2020", attributes a significant part of this growth to an increase in the ceramic coating of automotive components.
A spokesperson for APS Materials - a company which supplies the largest part of its ceramic coatings products to the semiconductor industry - told IM that it was seeing a "modest increase" in the sector of approximately 5% annually.
"The continued downward pressure on the commodity price for oil negatively impacts industry activity levels and the resulting demand for ceramic proppant," the company's CEO, Gary Kolstad, said. "Similar to actions taken in the second quarter, we have decided to idle one of our facilities until such time as market conditions warrant bringing it back online."
