Global Thermal Spray Coatings Market – Industry Analysis And Forecast (2019-2026)

By Author: Ram Vasekar
Total Articles: 21
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Global Thermal Spray Coatings Market was valued at US$ 8.70 Bn in 2019 and is expected to reach US$ 15.10 Bn by 2026, at a CAGR of 7.2 % during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding thermal spray coatings market dynamics, structure by identifying and analyzing the market segments by Technology, Materials, Application, and Region and, project the global market size. Further, report also focus ...
... on competitive analysis of key players by Materials, price, financial position, Materials portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.

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Thermal spraying is a mining process of coating that involves the formation of substrates in the semi-molten and molten state. Materials are melted into a rod, wire, or powder form. Thermal spraying provides thick coatings up to 20 mm over a large area and deposition rate than other coatings. These sprays are used for a protective or decorative coating in many substrates including metals, ceramics, polymers, intermetallic, carbides, and others.

Thermal spray coatings are used in medical implants as well. Increasing use of titanium and hydroxyapatite coatings in biomedical implants using thermal spray technology, is expected to drive the growth of the Thermal Spray Coatings Market over the forecast period. A thermal spray is a group of mining processes where micrometer-size particles of molten or semi-molten materials are propelled on the surface of the desired substrate to form a protective or decorative coating, that bonds instantly with the substrate.

The most common technologies used in the Thermal Spray Coatings Market are cold spray, flame spray, plasma spray. Among these, plasma spray is the fastest growing technology type and is anticipated to grow at a high CAGR during the forecast period. Flame spray technology is another dominant segment. Cold spray uses kinetic energy to project powdered coating material onto the substrate, instead of using conventional thermal energy as the source for melting material and forming the desired protective coating.

Durability, corrosive strength, and enhanced thermal resistance are some of the drivers which makes then an efficient substitute in comparison with other Mining coatings. Thermal spray are used in a wide range of application sector owing to the growing need for efficient and durable coatings in wide range of industries. It is extensively used in the aerospace, automobile and pharmaceutical industries. Aerospace industry requires efficient wear and thermal resistive coatings in numerous applications. The growing development of the aerospace sector, especially in the developing economies, is expected to boost the market of thermal spray during the forecast period. However, low adoption rate coupled with the growing threat of substitution are some of the major restraints in the growth of the market.

Asia Pacific is expected to be the fastest growing region with an encouraging CAGR. Growing population and the increasing per capita disposable income in the developing nations are primarily driving the growth of the thermal spray market. Moreover, the propelling aerospace and the automobile industry in countries such as India and China, is increasing the demand for thermal spray. The United States aerospace sector is the largest in the world. The country is one of the major exporters of aerospace components to countries such as France, China, and Germany.

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Scope of Global Thermal Spray Coatings Market:

Global Thermal Spray Coatings Market, by Material:

• Metals
• Ceramics
• Intermetallics
• Polymers
• Carbides
Global Thermal Spray Coatings Market, by Application:

• Automotive
• Oil & Gas
• Mining
• Aerospace
• Medical
Global Thermal Spray Coatings Market, by Technology:

• Cold Spray
• Flame Spray
• Plasma
• Spray
• Others
Global Thermal Spray Coatings Market, by Region:

• North America
• Europe
• Middle East & Africa
• Asia Pacific
• South America
Key Players Operating In Global Thermal Spray Coatings Market:

• A & A Thermal Spray Coatings
• Flame Spray Coating Company
• General Magnaplate Corporation
• Praxair Surface Technologies, Inc.
• Oerlikon Metco
• Plasma-Tec, Inc.
• Surface Technology Inc.
• H.C. Starck GmbH
• ASB Industries Inc.
• Fujimi
• Bodycote
• Accuwright Industries
• Castolin Eutectic
• ARTEC

Major Table Thermal Spray Coatings Market of Contents Report

Global Thermal Spray Coatings Market

1. Preface
1.1. Research Objectives
1.2. Research Highlight
1.3. Report Scope and Market Segmentation

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary sources

3. Executive Summary
3.1. Global Thermal Spray Coatings Market Size, by Market Value (US$ Bn) and Volume (Units)

4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges

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