Market Overview:
The global absorbing coating market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is divided into ferrite absorbing coating, nano wave absorbing coating, conductive polymer absorbing coating, radioisotope absorbing coating and other types. Ferrite absorbers are the most commonly used absorbers in microwave engineering and are made of materials such as iron oxide (Fe2O3) or nickel-zinc ferrite (NiZn). Nano wave absorbers are coatings that can be applied to any surface using a variety of methods including physical vapor deposition (PVD), chemical vapor deposition (CVD), or spin-coating.
Product Definition:
An absorbing coating is a type of paint or sealant that is applied to a surface in order to reduce the amount of sound that is transmitted through it. Absorbing coatings are typically used in industrial and commercial settings where noise pollution needs to be minimized. They can also be used in homes, particularly in rooms where noise from outside or other parts of the house is noticeable.
Ferrite Absorbing Coating:
Ferrite absorbing coating is a powder used in magnetic materials for improving their magnetic properties. It can be applied to ferrous and non-ferrous metals, plastic, paper & composite materials. The product has applications in various end-use industries such as automotive industry, electrical & electronics industry and packaging industry among others.
Nano Wave Absorbing Coating:
Nano wave absorbing coating is a thin film coating that is applied to the surface of an object to protect it from harmful electromagnetic waves. The primary function of this product includes protection against electromagnetic interference (EMI) and radio frequency interference (RFI). These coatings are also used for improving the efficiency of electronic devices by reducing resistance in electrical circuits.
Application Insights:
The other application segment includes consumer electronics, medical devices and equipment, aerospace and defense. The demand for the product in the aforementioned applications is expected to witness a CAGR of XX% from 2018 to 2030 owing to its properties such as high thermal insulation, corrosion resistance, ballistic mitigation and weight reduction.
Aeronautics and astronautics was the largest application segment in 2017 with a share of over 40%. Absorbing coatings are used on aircraft surfaces including wings, fuselage walls & roofs (excluding windows), landing gear doors & panels (excluding wind turbines), vertical stabilizers/rudderons/anti-corrosion grids on ships or boats for protection against corrosion caused by exposure to seawater or airport runways during landings & takeoffs.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a developed economy, has witnessed high demand for these products over the years. However, with growing technological advancements and presence of key industry players in countries such as India and China, North America is expected to lose its market share to these regions by 2030.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for development of aerospace & defense sector coupled with rising military expenditure by various governments across this region will drive product demand further. In addition, rapid industrialization along with presence of major aircraft manufacturers such as Boeing Co.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and construction
- Growing awareness about the benefits of using absorptive coatings in various applications
- Rising R&D investments for developing new and better absorbent coatings technologies
- Proliferation of nanotechnology-based absorbent coatings products
- Growing number of coating manufacturers entering the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Absorbing Coating Market Research Report
By Type
Ferrite Absorbing Coating, Nano Wave Absorbing Coating, Conductive Polymer Absorbing Coating, Radioisotope Absorbing Coating, Other
By Application
Aeronautics and Astronautics, Military, Other
By Companies
Dongshin Microwave, Cuming Microwave Corporation, Laird, Western Rubber & Supply, MAST Technologies, Murata, Parker Chomerics, Meishen Technology Co., Ltd, Acktar, Sahajanand Laser Technology Limited, Parafix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Absorbing Coating Market Report Segments:
The global Absorbing Coating market is segmented on the basis of:
Types
Ferrite Absorbing Coating, Nano Wave Absorbing Coating, Conductive Polymer Absorbing Coating, Radioisotope Absorbing Coating, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aeronautics and Astronautics, Military, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dongshin Microwave
- Cuming Microwave Corporation
- Laird
- Western Rubber & Supply
- MAST Technologies
- Murata
- Parker Chomerics
- Meishen Technology Co., Ltd
- Acktar
- Sahajanand Laser Technology Limited
- Parafix
Highlights of The Absorbing Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ferrite Absorbing Coating
- Nano Wave Absorbing Coating
- Conductive Polymer Absorbing Coating
- Radioisotope Absorbing Coating
- Other
- By Application:
- Aeronautics and Astronautics
- Military
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Absorbing Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Absorbing coatings are a type of coating that use a liquid or gas to dissolve the surface material. The coating then forms a film on top of the material.
Some of the major companies in the absorbing coating market are Dongshin Microwave, Cuming Microwave Corporation, Laird, Western Rubber & Supply, MAST Technologies, Murata, Parker Chomerics, Meishen Technology Co., Ltd, Acktar, Sahajanand Laser Technology Limited, Parafix.
The absorbing coating market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absorbing Coating Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Absorbing Coating Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Absorbing Coating Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Absorbing Coating Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Absorbing Coating Market Size & Forecast, 2020-2028 4.5.1 Absorbing Coating Market Size and Y-o-Y Growth 4.5.2 Absorbing Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ferrite Absorbing Coating
5.2.2 Nano Wave Absorbing Coating
5.2.3 Conductive Polymer Absorbing Coating
5.2.4 Radioisotope Absorbing Coating
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aeronautics and Astronautics
6.2.2 Military
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absorbing Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Absorbing Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ferrite Absorbing Coating
9.6.2 Nano Wave Absorbing Coating
9.6.3 Conductive Polymer Absorbing Coating
9.6.4 Radioisotope Absorbing Coating
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aeronautics and Astronautics
9.10.2 Military
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ferrite Absorbing Coating
10.6.2 Nano Wave Absorbing Coating
10.6.3 Conductive Polymer Absorbing Coating
10.6.4 Radioisotope Absorbing Coating
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aeronautics and Astronautics
10.10.2 Military
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ferrite Absorbing Coating
11.6.2 Nano Wave Absorbing Coating
11.6.3 Conductive Polymer Absorbing Coating
11.6.4 Radioisotope Absorbing Coating
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aeronautics and Astronautics
11.10.2 Military
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ferrite Absorbing Coating
12.6.2 Nano Wave Absorbing Coating
12.6.3 Conductive Polymer Absorbing Coating
12.6.4 Radioisotope Absorbing Coating
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aeronautics and Astronautics
12.10.2 Military
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ferrite Absorbing Coating
13.6.2 Nano Wave Absorbing Coating
13.6.3 Conductive Polymer Absorbing Coating
13.6.4 Radioisotope Absorbing Coating
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aeronautics and Astronautics
13.10.2 Military
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Absorbing Coating Market: Competitive Dashboard
14.2 Global Absorbing Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dongshin Microwave
14.3.2 Cuming Microwave Corporation
14.3.3 Laird
14.3.4 Western Rubber & Supply
14.3.5 MAST Technologies
14.3.6 Murata
14.3.7 Parker Chomerics
14.3.8 Meishen Technology Co., Ltd
14.3.9 Acktar
14.3.10 Sahajanand Laser Technology Limited
14.3.11 Parafix