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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