North America 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)

Code: TIPRE00026622 | Pages: 133 | Industry: Chemicals and Materials | Date: Jan 2022 | Type: Regional

Market Introduction

The growing usage of DLC coating in industrial applications is fueling market growth. It is used in industrial components and machinery for various parts such as pistons, plungers, dies, ejector pins, sliding machine parts, gears, and mechanical seals. The DLC coating is used for industrial components to improve the useful life of compacting tooling, packaging knives, press tooling, and wear surfaces. A high surface hardness provides lower wear and improved reliability. Thus, low friction means less energy loss and improved performance. Thus, the increasing initiatives for enhancing industrial operations have fueled the market growth. For instance, in July 2021, the Government of Canada announced its plan to invest US$ 420 million to ensure optimal operation of an industrial plant and phase out coal-fired steelmaking processes at the facility in Ontario. Thus, the booming investment prospectus in the industrial sector is expected to drive the diamond-like carbon market over the forecast period. Furthermore, many domestic and international companies have a strong foothold in North America. The key players operating in the North America diamond-like carbon market include Materion Corporation; ACREE TECHNOLOGIES INC.; Richter Precision, Inc.; HEF USA, and Knight Optical. The manufacturers in the region are investing substantially in the research and development of diamond-like carbon, which is expected to boost the growth of the diamond-like carbon market in North America in the near future.

The COVID-19 pandemic has drastically changed the status of the manufacturing industry and hampered the growth of the North America diamond like carbon market. Implementing measures to combat the spread of the novel coronavirus that causes COVID-19 has aggravated the situation and negatively influenced the development of numerous industries. Industries such as automotive and aviation have been impacted by the sudden disruptions in the value chains and distortion in operational efficiencies due to the immediate closure of international and national boundaries. Moreover, the pandemic disrupted product orders and deliveries, along with the cancellations and backlogs of orders. The significant decline in the growth of several industries such as automotive and aviation sectors reduced the demand for diamond like carbon in the North American market. The substantial disruptions in sourcing raw materials from suppliers and the temporary closures of the manufacturing bases due to indefinite lockdowns and temporary quarantines have negatively impacted the North America diamond like carbon market during the pandemic.


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Market Overview and Dynamics

The diamond like carbon market in North America is expected to grow from US$ 279.01 million in 2021 to US$ 394.89 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028. Increasing demand for manufacturing machineries; manufacturing is among the major GDP contributors in most economies throughout the region. Companies are focusing on the development of manufacturing machinery which can continue production for a longer period and lower maintenance costs. Further, improved machinery can increase the mass production capabilities of the companies. The use of DLC in manufacturing machinery tends to increase the life of the machines and lower the overall maintenance costs and downtimes due to various properties of DLC, including lower friction and high hardness. Countries throughout the region are growing and gradually increasing their manufacturing capabilities. Additionally, many companies in the region are replacing older machinery with advanced equipment, which can increase the overall productivity of the manufacturing unit. Thus, the adoption of modern manufacturing machines is expected to be a major market trend, thereby driving the North America diamond like carbon market during the forecast period.

Key Market Segments

Based on type, the North America diamond like carbon market is segmented into pure DLC and mixed DLC. In 2020, the mixed DLC segment held the largest share North America diamond like carbon market. Based on application, the North America 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 North America diamond like carbon market. Based on end use, the North America diamond like carbon market is segmented into automotive, medical, packaging, electronics, cosmetics, and others. In 2020, the automotive segment held the largest share North America 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 North America 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; IBC Coatings Technologies, LTD; IHI Ionbond Ag; Micromatter Technologies Inc; Norseld Pty Ltd; Oerlikon Groups, Inc; and Richter Precision Inc; among others.

Reasons to buy report

  • To understand the North America 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 North America diamond like carbon market
  • Efficiently plan M&A and partnership deals in North America 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 North America diamond like carbon market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

NORTH AMERICA DIAMOND LIKE CARBON MARKET SEGMENTATION

By Type

  • Pure DLC
  • Mixed DLC

By Application

  • Drill Bits and Milling Cutters
  • Saws and Blades
  • Dies and Moulds
  • Inserts
  • Others

By End Use

  • Automotive
  • Medical
  • Packaging
  • Electronics
  • Cosmetics
  • Others

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Bunty LLC
  • Dynasil Corporation
  • HEF Group
  • IBC Coatings Technologies, LTD
  • IHI Ionbond Ag
  • Micromatter Technologies Inc
  • Norseld Pty Ltd
  • Oerlikon Groups, Inc
  • Richter Precision 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.           North America 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.           North America Diamond Like Carbon Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Demand from the Automobile Sector

5.1.2        Rising Demand for Medical Devices

5.2         Restraints

5.2.1        Increasing Raw Material Costs

5.3         Future Trend

5.3.1        Increasing Demand for Manufacturing Machineries

5.4         Impact Analysis of Drivers and Restraints

6.           Diamond Like Carbon – North America Market Analysis

6.1         North America Diamond Like Carbon Market Overview

6.2         North America Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

7.           North America Diamond Like Carbon Market Analysis By Type

7.1         Overview

7.2         North America Diamond Like Carbon Market, By Type (2020 and 2028)

7.3         Pure DLC

7.3.1        Overview

7.3.2        Pure DLC: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

7.4         Mixed DLC

7.4.1        Overview

7.4.2        Mixed DLC: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

8.           North America Diamond Like Carbon Market Analysis By Application

8.1         Overview

8.2         North America 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: North America 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: North America 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: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

8.6         Inserts

8.6.1        Overview

8.6.2        Inserts: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

8.7         Others

8.7.1        Overview

8.7.2        Others: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.           North America Diamond Like Carbon Market Analysis By End Use

9.1         Overview

9.2         North America Diamond Like Carbon Market, By End Use (2020 and 2028)

9.3         Automotive

9.3.1        Overview

9.3.2        Automotive: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.4         Medical

9.4.1        Overview

9.4.2        Medical: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.5         Packaging

9.5.1        Overview

9.5.2        Packaging: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.6         Electronics

9.6.1        Overview

9.6.2        Electronics: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.7         Cosmetics

9.7.1        Overview

9.7.2        Cosmetics: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

9.8         Others

9.8.1        Overview

9.8.2        Others: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

10.        North America Diamond Like Carbon Market – Country Analysis

10.1      North America: Diamond Like Carbon Market

10.1.1     North America: Diamond Like Carbon Market, by Key Country

10.1.1.1       US: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Diamond Like Carbon Market, by Type

10.1.1.1.2       US: Diamond Like Carbon Market, by Application

10.1.1.1.3       US: Diamond Like Carbon Market, by End Use

10.1.1.2       Canada: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Diamond Like Carbon Market, by Type

10.1.1.2.2       Canada: Diamond Like Carbon Market, by Application

10.1.1.2.3       Canada: Diamond Like Carbon Market, by End Use

10.1.1.3       Mexico: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Diamond Like Carbon Market, by Type

10.1.1.3.2       Mexico: Diamond Like Carbon Market, by Application

10.1.1.3.3       Mexico: Diamond Like Carbon Market, by End Use

11.        Impact of COVID-19 Pandemic on North America Diamond like Carbon Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        North America 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      IBC Coatings Technologies, LTD.

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

13.2      Oerlikon Groups, Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Richter Precision Inc.

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      Norseld Pty Ltd

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      Bunty LLC

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      Micromatter Technologies Inc.

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      HEF Group

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

13.8      IHI Ionbond Ag

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Dynasil Corporation

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             North America Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Diamond Like Carbon Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 3.             US Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             US Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)

Table 5.             Canada: Diamond Like Carbon Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 6.             Canada Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7.             Canada Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)

Table 8.             Mexico Diamond Like Carbon Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             Mexico Diamond Like Carbon Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          Mexico Diamond Like Carbon Market, by End Use – Revenue and Forecast to 2028 (USD Million)

Table 11.          Glossary of Terms, North America Diamond Like Carbon Market

 


LIST OF FIGURES

Figure 1.           North America Diamond Like Carbon Market Segmentation

Figure 2.           North America Diamond Like Carbon Market Segmentation – By Country

Figure 3.           North America Diamond Like Carbon Market Overview

Figure 4.           Automotive Segment Held the Largest Share of North America Diamond Like Carbon Market

Figure 5.           US Held the Largest Share of North America Diamond Like Carbon Market

Figure 6.           Porter’s Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           Ecosystem Analysis: North America Diamond Like Carbon Market

Figure 9.           North America Diamond Like Carbon Market Impact Analysis of Drivers and Restraints

Figure 10.        North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Diamond Like Carbon Market Revenue Share, By Type (2020 and 2028)

Figure 12.        Pure DLC: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 13.        Mixed DLC: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 14.        North America Diamond Like Carbon Market Revenue Share, By Application (2020 and 2028)

Figure 15.        Drill Bits and Milling Cutters: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 16.        Saws and Blades: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 17.        Dies and Molds: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 18.        Inserts: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 19.        Others: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 20.        North America Diamond Like Carbon Market Revenue Share, By End Use (2020 and 2028)

Figure 21.        Automotive: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 22.        Medical: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 23.        Packaging: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 24.        Electronics: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 25.        Cosmetics: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 26.        Others: North America Diamond Like Carbon Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 27.        North America: Diamond Like Carbon Market, by Key Country – Revenue (2020) (US$ Million)

Figure 28.        North America: Diamond Like Carbon Market Revenue Share, by Key Country (2020 and 2028)

Figure 29.        US: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Canada: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Mexico: Diamond Like Carbon Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Impact of COVID-19 Pandemic in North American Country Markets

  1. Bunty LLC
  2. Dynasil Corporation
  3. HEF Group
  4. IBC Coatings Technologies, LTD
  5. IHI Ionbond Ag
  6. Micromatter Technologies Inc
  7. Norseld Pty Ltd
  8. Oerlikon Groups, Inc
  9. Richter Precision Inc
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