Titanium Nitride Coating Market Share, Growth, Trends & Forecast To 2025

The coating industry has been significantly evolving due to changing requirements from the end-user industry, leading to changes in manufacturing processes and innovation in engineering applications. Over the past years, coatings have undergone a gradual shift from their traditional usage of providing finishes and aesthetic feel to being used as a process of surface treatment, thereby adding value to a product. Presently, coatings are essentially applied for protection, preservation, and beautification of a product. They also aid in obtaining durability and additional customized features, such as corrosion resistance, wear and tear resistance, and abrasion resistance. Therefore, further technological advancements in the manufacturing sector with extensive ongoing research to improve the present manufacturing options have laid the foundation for the usage of innovative thin-film coatings. In particular, the demand for titanium nitride coatings with excellent abrasion resistance and high hardness properties has been rapidly increasing on a year-on-year basis.

Titanium nitride (TiN) is a compound formed by the reaction between nitrogen and titanium. Due to its hardness, chemical inertness, and low friction, titanium nitride reduces erosion, corrosion, abrasion, and wear. It also resists cracking and flaking and reduces galling and cold welding at cutting edges. Developed using physical vapor deposition (PVD) and chemical vapor deposition (CVD), TiN has been widely accepted by industries as a coating that significantly improves life and performance of a tool and has a wide range of applicability in aerospace components, medical devices, food equipment, and decorative applications.

TiN coatings have properties such as hardness, little friction production, as well as resistance to wear, corrosion, and high temperatures. Therefore, they are widely used in industrial tools, as they extend the life of forming and cutting tools. In addition, the inherent biocompatibility of TiN makes it suitable for orthopedic implants, wherein it is primarily used to cover the knee prostheses head. TiN coatings are also applied as diffusion barriers in many semiconductors, and their attractive gold color makes them ideal for decorative applications. Due to these benefits of TiN, manufacturers use different thin-film coatings with additional properties to distinguish their products in the competitive market.

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The research study focuses on putting forward a clear picture of the current consumption and future growth potential of different TiN coatings used in cutting tools, aerospace components, and medical device, among others. Over the years, the TiN coating market has also witnessed numerous partnerships between original equipment manufacturers (OEMs) and suppliers. As the adoption of these coatings helps the end-user companies to obtain a cost advantage over others, the entire market has been impacted, thereby increasing the opportunity for TiN coating manufacturers.

The growth in the global TiN coating market is attributable to the ongoing demand for efficient and durable coatings for various end-use industries, including cutting tools, medical device, and decorative, among others. Additionally, the increasing use of titanium nitride coatings in aerospace and aircraft applications, to improve the fuel efficiency and operational performance through refinements in component, has further increased the market for TiN coating, globally.

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Created on Dec 18th 2020 04:53. Viewed 347 times.

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