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

MARKET INTRODUCTION

Thermal spray coatings is a process in which melted materials like ceramic, metal & alloys, etc. are used to coat components. In thermal spraying, processes such as combustion flame and electrical process are applied on the feedstock for coatings. Thermal spray coatings can provide a thick coating layer with a thickness range from twenty microns to few millimeters. These coatings are used to restore the dimensions of worn or corroded components. Thermal spraying enhances the surface properties of the components. Characteristics such as low porosity, uniform appearance, accurately controlled dry film thickness, excellent adhesion, etc. are being offered by the thermal spray coatings. Industries such as aerospace, automotive, healthcare, energy and power, electronics, etc. have wide usage of thermal spray coatings. Thermal spraying is applied in different application such as aerospace flame tubes and turbine blades, automotive engine parts and chassis, orthopedics and medical instruments and others.

MARKET DYNAMICS

Increasing demand for thermal spraying in the healthcare industry will drive the demand for the thermal spray coatings market. Additionally, growing usage of thermal spraying instead of electroplating process will further imply in the demand growth of thermal spray coatings market. Predominantly, adverse health issues related to thermal spraying may hamper the thermal spray coatings market. However, the upsurge in the growth of the aerospace industry will create opportunities for the thermal spray coatings market.

MARKET SCOPE

The "Thermal Spray Coatings Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermal spray coatings market with detailed market segmentation by process, material, end-user industry and region. The thermal spray coatings 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 coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The thermal spray coatings market is segmented on the basis of process, material, end-user industry. On the basis of process, the thermal spray coatings market is segmented into, combustion flame, electrical. On the basis of material, the thermal spray coatings market is segmented into, ceramics, metals & alloys others. On the basis of end-user industry, the thermal spray coatings market is segmented into, aerospace, automotive, healthcare, energy & power, electronics, agricultural machinery, 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 thermal spray coatings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermal spray coatings 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 coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. 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 thermal spray coatings market in these regions.

MARKET PLAYERS

The reports cover key developments in the thermal spray coatings 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thermal spray coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for thermal spray coatings in the global market. Below mentioned is the list of few companies engaged in the thermal spray coatings market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermal spray coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

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

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

Thermal Spray Coatings Report Scope