The global superhard coating market continues to grow

According to a research report entitled "Diamond, Diamond-Like and CBN Film and Coating Products - AVM025F" ​​published by BCC Research (Massachusetts), a US market research organization, the global market for diamond and diamond-like coatings in 2006 Sales reached $473.5 million; it is expected to reach $530.8 million in 2007; and by 2012 it could reach $1,034.2 million. This shows that the compound annual growth rate of such products from 2007 to 2012 can reach 14.3%.

BCC pointed out in the report that from the situation in 2006, cutting tools and wear parts are one of the three largest segments of these super-hard coatings (the other two markets are razor blades and printing / Recording head and hard drive). These three market segments account for nearly 75% of the entire diamond and diamond-like film and coating products market. However, BCC predicts that the market demand for superhard coatings for cutting tools and wear parts, print/recording heads and hard drives will grow rapidly, while coating growth for razor blades and other consumer products will Slow down. In addition, by 2012, the medical device industry will have a large market share in super-hard coatings.

According to the region, North America's super-hard coating market share in 2004 was 40%, ranking among the top markets in the world. Asia and Europe are close behind. BCC expects that the market share of superhard coatings in North America will remain stable until 2012; while Asia's market share will decrease slightly, while Europe will increase slightly.
 

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