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Thermal Barrier Coatings Market to Reach $1.55 Bn by 2031 Driven by Aerospace and Power Generation Demand - Mordor Intelligence Reports

Barchart·10/27/2026 02:17:00
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HYDERABAD, India, Oct. 27, 2026 /PRNewswire/ -- According to recent report from Mordor Intelligence, the global thermal barrier coatings market size is projected to grow from USD 1.26 billion in 2026 to USD 1.55 billion by 2031 at a 4.19% CAGR. Demand is supported by rising use in aerospace engines and gas turbines, fuel-efficiency requirements, and high-temperature applications. Research into hypersonic technologies and efforts to improve supply security for yttria-stabilized zirconia are also influencing market growth. 

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