Global Thermal Spray Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global thermal spray coatings market in its upcoming report titled, “Global Thermal Spray Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global thermal spray coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal spray coatings market report has been segmented on the basis of material, technology, application, and region.

Thermal spray coating is a general term for a group of processes which use the heat source to melt material in powder, rod, or wire form which is employed for coating required surface. Alloys, ceramics, metals, composites, and plastics are coating materials used for thermal spraying. Various methods of thermal spray involve projection of small soften or molten particles onto a required surface where it adheres and forms a connected coating. Coating quality improves with increasing particle velocities. Detonation spraying, plasma spraying, wire arc spraying, high-velocity oxygen fuel coating spraying, high-velocity air fuel (HVAF), flame spraying, cold spraying and warm spraying are several types of thermal spray coating.

Thermal spray coatings are utilized in medical implants, increasing use of hydroxyapatite and titanium coatings in biomedical implant using thermal spray technologies is projected to drive growth of the global thermal spray coatings market in next ten years. Rising demand for thermal spray coatings in industries such as aerospace and automotive globally, which is an additional factor expected to drive the market growth.

Fluctuating raw material costs is a major factor expected to restraint growth of the global market. However, untapped markets in emerging economies are expected to provide new opportunities to key players operating in the global market over the forecast period.

The target market audience for the global thermal spray coating include distributors, traders, and suppliers, manufacturers of thermal spray coatings, consulting and government organizations, application industries in supply chain, regulatory institutions, thermal spray regulators, private equity firms, and investment banks.

North America thermal spray coatings market is projected to account for major share in terms of revenue in the global thermal spray coatings market. This can be attributed to increasing application of commercial and industrial engineered components and products. Adoption rate of thermal spray coatings is estimated to upsurge in Asia Pacific market. Emerging economics such as China and India, are expected to show inclining demand for thermal spray coatings in next eight years.

Global Thermal Spray Coatings Market Segmentation:

Segmentation by material:

• Ceramic
• Metals & alloys
• Others (polymers, carbides, and abradables)

Segmentation by technology:

• Cold spray
• Flame spray
• Electric arc spray
• Others (plasma spray and high velocity oxygen fuel (HVOF))

Segmentation by application:

• Aerospace
• Automotive
• Healthcare
• Energy & power
• Oil & gas
• Electronics
• Others (agricultural machinery, printing, and pulp & paper)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa