Asia Pacific Diamond Like Carbon Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Pure DLC and Mixed DLC), Application (Drill Bits and Milling Cutters, Saws and Blades, Dies and Molds, Inserts, and Others), and End Use (Automotive, Medical, Packaging, Electronics, Cosmetics, and Others)
Market Introduction
Asia Pacific diamond-like carbon market is segmented into China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific. The automotive sector in Asia Pacific is anticipated to expand at a faster pace due to increasing population and growing consumer spending. The diamond-like carbon has been increasingly used in various industries such as automotive, medical, cosmetic, and electronics. Therefore, an increase in demand from the automotive industry across the region and a rise in the manufacturing industry due to the growing investments are driving the diamond-like carbon market in Asia Pacific. Moreover, government incentives and easy availability of raw materials are expected to fuel the market growth during the forecast period. Thus, the growing automotive industry across the region is expected to further propel the market growth over the forecast period. The increasing government support in the automotive industry is fueling market growth. For instance, India's Automotive Mission Plan FAME-II emphasizes providing government support to its growing automotive sector and component manufacturing industry. Thus, the booming growth prospects in countries such as China, Japan, and India is also one of the key factors driving the diamond like carbon market.
The COVID-19 pandemic has significantly disrupted the manufacturing sector in terms of operational efficiency, owing to extended lockdowns across different countries, restrictions imposed on international trades, the shutdown of manufacturing units, travel bans, supply chain disintegration, shortage in the supply of raw materials, and many other factors. The COVID-19 pandemic has negatively impacted the diamond like carbon market, owing to the shutdown of manufacturing units, rise in raw material prices, labor shortage, disruption of supply chains, and financial instability. Moreover, disruption of the automotive industry due to the economic slowdown caused by the COVID-19 pandemic has negatively impacted the growth of diamond like carbon market. However, businesses are gaining ground as previously imposed limitations are being eased across various locations. Moreover, the introduction of COVID-19 vaccines by governments of different countries has further eased the situation, leading to a rise in business activities across the region. The automotive sector is growing rapidly in many countries, and the adoption of electric vehicles is expected to further boost the growth of the automotive industry during the forecast period. The medical sector has grown significantly in recent years and is expected to grow in demand during the forecast period. The medical sector had witnessed a minimal decline during the pandemic. However, due to the development of various technologies such as DLC coating, the market is expected to witness substantial growth during the forecast period.
Market Overview and Dynamics
The diamond like carbon market in Asia Pacific is expected to grow from US$ 840.47 million in 2021 to US$ 1,267.20 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028. Surge in demand from the automobile sector; automobile industry has witnessed tremendous growth in the last decade, and the growth is expected to continue during the forecast period. The development of low-cost vehicles, extensive service network, and rise in disposable income are driving the automobile industry. Due to the extensive competition in the automobile industry, manufacturing standards are being stringently followed. Moreover, companies are focusing on using products that can extend the final product's life and drive the brand name. Such factors are driving the adoption of diamond like carbon in the automotive industry. The industry is expected to witness substantial investments during the forecast period due to the changing dynamics in the industry and the growing focus on the construction and adoption of electric vehicles. For instance, Tesla Inc. is considering the construction of a manufacturing unit in India. If approved, the demand for diamond like carbon is expected to rise in the country. Some of the common automotive parts coated with DLC include bearings, valves, gears, cams, and shafts. Further, the rising demand for two-wheelers, is expected to substantially impact the growth of the automotive industry. Such factors are expected to drive the Asia Pacific diamond like carbon market during the forecast period.
Key Market Segments
Based on type, the Asia Pacific diamond like carbon market is segmented into pure DLC and mixed DLC. In 2020, the mixed DLC segment held the largest share Asia Pacific diamond like carbon market. Based on application, the Asia Pacific diamond like carbon market is segmented into drill bits and milling cutters, saws and blades, dies and molds, inserts, and others. In 2020, the others segment held the largest share Asia Pacific diamond like carbon market. Based on end use, the Asia Pacific diamond like carbon market is segmented into automotive, medical, packaging, electronics, cosmetics, and others. In 2020, the automotive segment held the largest share Asia Pacific diamond like carbon market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the diamond like carbon market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bunty LLC; Dynasil Corporation; HEF Group; IHI Ionbond Ag; Norseld Pty Ltd; and Oerlikon Groups, Inc; among others.
Reasons to buy report
- To understand the Asia Pacific diamond like carbon market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific diamond like carbon market
- Efficiently plan M&A and partnership deals in Asia Pacific diamond like carbon market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific diamond like carbon market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.
ASIA PACIFIC DIAMOND LIKE CARBON MARKET SEGMENTATION
By Type
- Pure DLC
- Mixed DLC
- Drill Bits and Milling Cutters
- Saws and Blades
- Dies and Moulds
- Inserts
- Others
- Automotive
- Medical
- Packaging
- Electronics
- Cosmetics
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Company Profiles
- Bunty LLC
- Dynasil Corporation
- HEF Group
- IHI Ionbond Ag
- Norseld Pty Ltd
- Oerlikon Groups, Inc
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. APAC Diamond Like Carbon Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing:
4.4.3 Distributors:
4.4.4 End Users:
5. APAC Diamond Like Carbon Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Demand from the Automobile Sector
5.1.2 Increasing Demand for Medical Devices
5.2 Restraints
5.2.1 Rising Raw Material Costs
5.3 Market Opportunities
5.3.1 Increasing Investments in In-House Manufacturing of Medical Devices in Asia Pacific
5.4 Future Trend
5.4.1 Increasing Demand for Manufacturing Machineries
5.5 Impact Analysis of Drivers and Restraints
6. Diamond Like Carbon – APAC Market Analysis
6.1 APAC Diamond Like Carbon Market Overview
6.2 APAC Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
7. APAC Diamond Like Carbon Market Analysis – By Type
7.1 Overview
7.2 APAC Diamond Like Carbon Market, By Type (2020 and 2028)
7.3 Pure DLC
7.3.1 Overview
7.3.2 Pure DLC: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Mixed DLC
7.4.1 Overview
7.4.2 Mixed DLC: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
8. APAC Diamond Like Carbon Market Analysis – By Application
8.1 Overview
8.2 APAC Diamond Like Carbon Market, By Application (2020 and 2028)
8.3 Drill Bits and Milling Cutters
8.3.1 Overview
8.3.2 Drill Bits and Milling Cutters: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Saws and Blades
8.4.1 Overview
8.4.2 Saws and Blades: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Dies and Molds
8.5.1 Overview
8.5.2 Dies and Molds: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Inserts
8.6.1 Overview
8.6.2 Inserts: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9. APAC Diamond Like Carbon Market Analysis – By End Use
9.1 Overview
9.2 APAC Diamond Like Carbon Market, By End Use (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Medical
9.4.1 Overview
9.4.2 Medical: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Packaging
9.5.1 Overview
9.5.2 Packaging: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Electronics
9.6.1 Overview
9.6.2 Electronics: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Cosmetics
9.7.1 Overview
9.7.2 Cosmetics: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Others: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
10. APAC Diamond Like Carbon Market – Country Analysis
10.1 Asia Pacific: Diamond Like Carbon Market
10.1.1 Asia Pacific: Diamond Like Carbon Market, by Key Country
10.1.1.1 Australia: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Diamond Like Carbon Market, by Type
10.1.1.1.2 Australia: Diamond Like Carbon Market, by Application
10.1.1.1.3 Australia: Diamond Like Carbon Market, by End Use
10.1.1.2 China: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Diamond Like Carbon Market, by Type
10.1.1.2.2 China: Diamond Like Carbon Market, by Application
10.1.1.2.3 China: Diamond Like Carbon Market, by End Use
10.1.1.3 India: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Diamond Like Carbon Market, by Type
10.1.1.3.2 India: Diamond Like Carbon Market, by Application
10.1.1.3.3 India: Diamond Like Carbon Market, by End Use
10.1.1.4 Japan: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Diamond Like Carbon Market, by Type
10.1.1.4.2 Japan: Diamond Like Carbon Market, by Application
10.1.1.4.3 Japan: Diamond Like Carbon Market, by End Use
10.1.1.5 South Korea: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Diamond Like Carbon Market, by Type
10.1.1.5.2 South Korea: Diamond Like Carbon Market, by Application
10.1.1.5.3 South Korea: Diamond Like Carbon Market, by End Use
10.1.1.6 Rest of Asia Pacific: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Diamond Like Carbon Market, by Type
10.1.1.6.2 Rest of Asia Pacific: Diamond Like Carbon Market, by Application
10.1.1.6.3 Rest of Asia Pacific: Diamond Like Carbon Market, by End Use
11. Impact of COVID-19 Pandemic on APAC Diamond like Carbon Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. APAC Diamond like Carbon Market- Industry Landscape
12.1 Overview
12.2 Product & Service Launch
12.3 Business Planning and Strategy
13. Company Profiles
13.1 Oerlikon Groups, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.3 Norseld Pty Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Bunty LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 HEF Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 IHI Ionbond Ag
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dynasil Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Diamond Like Carbon Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Australia Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. Australia Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 5. China Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 6. China Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. China Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 8. India Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 9. India Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. India Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 11. Japan Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 12. Japan Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 13. Japan Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 14. South Korea Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 15. South Korea Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 16. South Korea Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Asia Pacific Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Asia Pacific Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Asia Pacific Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)
Table 20. Glossary of Terms, APAC Diamond Like Carbon Market
LIST OF FIGURES
Figure 1. APAC Diamond Like Carbon Market Segmentation
Figure 2. APAC Diamond Like Carbon Market Segmentation – By Country
Figure 3. APAC Diamond Like Carbon Market Overview
Figure 4. Automotive Segment Held the Largest Share of APAC Diamond Like Carbon Market
Figure 5. China Held the Largest Share of APAC Diamond Like Carbon Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: APAC Diamond Like Carbon Market
Figure 9. APAC Diamond Like Carbon Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Diamond Like Carbon Market Revenue Share, By Type (2020 and 2028)
Figure 12. Pure DLC: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 13. Mixed DLC: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 14. APAC Diamond Like Carbon Market Revenue Share, By Application (2020 and 2028)
Figure 15. Drill Bits and Milling Cutters: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Saws and Blades: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 17. Dies and Molds: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 18. Inserts: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 19. Others: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 20. APAC Diamond Like Carbon Market Revenue Share, By End Use (2020 and 2028)
Figure 21. Automotive: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Medical: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 23. Packaging: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Electronics: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Cosmetics: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Others: APAC Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Asia Pacific: Diamond Like Carbon Market, by Key Country – Revenue (2020) (US$ Million)
Figure 28. Asia Pacific: Diamond Like Carbon Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. Australia: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. China: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. India: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Japan: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. South Korea: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of Asia Pacific: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Bunty LLC
- Dynasil Corporation
- HEF Group
- IHI Ionbond Ag
- Norseld Pty Ltd
- Oerlikon Groups, Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific diamond like carbon market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Diamond Like Carbon Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Diamond Like Carbon Market, as well as those hindering it
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