Thermal spray coating Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Thermal spray coating is a coating procedure that coats a surface with powder coating material. Powder coating material is melted into droplets and sprayed at high speeds onto a surface. Spray welding, plasma spray, High-Velocity Oxygen Fuel (HVOF), and flame spray are all terms used to describe the technique of applying thermal spray coating on metal surfaces. Thermal spray coating technology is utilised on a wide range of rotating and moving parts of equipment such as automotive engines, aerospace turbines, and machine tools that work in harsh conditions where component life is reduced by erosion, wear, corrosion, or heat.

MARKET DYNAMICS

The use of thermal spray coating technology has increased as the automotive, aerospace, and heavy industrial sectors, as well as military and civil aeroplanes, have grown. In automotive applications, thermal spray coating is used to coat piston and synchronizer rings. Thermal spray coating is also used in aircraft to coat engine turbine blades and protect them from severe temperatures while also ensuring greater durability over long periods of time. To increase performance, these coatings are replacing hard chromium plating as the preferred coating process. This element is expected to propel the market forward.

MARKET SCOPE

The "Global Thermal spray coating Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the thermal spray coating market with detailed market segmentation by application and material type. The global thermal spray coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermal spray coating market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Thermal spray coating Market is segmented into application and material type. By application, the thermal spray coating market is classified into aerospace, automotive, healthcare, energy and power, electronics, agricultural machinery and others. By material type, the thermal spray coating market is classified into metals and alloys, ceramics and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global thermal spray coating market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The thermal spray coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the thermal spray coating market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the meringue powder ma thermal spray coating market rket in these regions.

MARKET PLAYERS

The report covers vital developments in the thermal spray coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the thermal spray coating market are anticipated to witness lucrative growth opportunities in the future with the rising demand for thermal spray coating in the global market. Below mentioned is the list of few companies engaged in the thermal spray coating market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermal spray coating market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•   Metallisation Limited
  
•   Bodycote
  
•   Flame Spray Coating Company
  
•   General Magnaplate Corporation
  
•   H.C. Starck GmbH
  
•   Oerlikon Metco
  
•   Plasma-Tec, Inc.
  
•   Praxair Surface Technologies, Inc.
  
•   CandM Technologies GmbH
  
•   Thermal Spray Technologies, Inc. (TST)
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Thermal spray coating Report Scope