Titanium Nitride Coating Market to Observe Prominent CAGR of 8% by 2026, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook

According to the MarkNtel Advisors' research report, "Global Titanium Nitride Coating Market Analysis, 2021," the market is likely to grow at a CAGR of around 8% during 2021-26.

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Key Findings of the Study: Titanium Nitride Coating market

Surging Use of the Titanium Nitride Coating across Various End-User Boosting the Market Growth

The titanium nitride coating, widely used across various end-user industries, such as chemicals, paints & coatings, automobiles, etc., offers exclusive properties, including corrosion & wear-resistant and higher toughness & hardness. Further, Titanium nitride coatings have gained popularity as surface treatments for industrial components and manufacturing of high-quality tools, thereby fueling the market growth.

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Scope of the Report and Titanium Nitride Coating Market Segmentation:

By Deposition Technique

• Physical vapor Deposition
• Chemical Vapor Deposition (CVD)
• Ion plating
• Sputtering

By Application

• Cutting tools
• Aerospace and Aircraft Components
• Medical Devices & Equipment
• Injection molding equipment
• Decorative Products
• Others

Among these segments, Physical Vapor Deposition acquired the largest share in the Global Titanium Nitride Coating Market in 2019.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Geographically, North America held the largest market in the Global Titanium Nitride Coating Market in 2019 due to the burgeoning production of food processing machinery & pharmaceutical equipment in the region.

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