Global Thermal Spray Market including size, forecast, trend, share, growth, overview, key players, technologies, market drivers, challenges, standardization, regulatory landscape, opportunities, future roadmap, value chain, ecosystem player profiles and strategies forecast to 2022.

Synopsis of Thermal spray Market:

The most common technologies used in the thermal spray market are cold spray, flame spray, plasma spray, HVOF, and electric arc spray among others. Among these, plasma spray is the fastest growing technology type and is anticipated to grow at a CAGR of above 5% during the forecast period.  Flame spray technology is another dominant segment. The enhanced wear & impact resistance makes the use of flame spray suitable for the various applications such as aerospace, machinery, and infrastructure among others.

Aerospace is the largest application segment accounted for over 30% of market share in 2016. 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.

Thermal spraying is an industrial process of coating that involves the formation of substrates in the semi-molten and molten state. 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, abradable, and others. The properties such as enhanced engineering performance increased shelf life, and low coating cost makes them a suitable substitute in comparison with other coatings.  The growing demand from the end-user industries such as aerospace, automobiles, oil & gas, steel, medical and printing among others is substantially driving the growth of the market.  However, low adoption rate coupled with the growing threat of substitution are some of the major restraints in the growth of the market.

 

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Thermal Spray Market Key Players Analysis:

• A & A Thermal Spray Coatings
• Flame Spray Coating Company
• General Magnaplate Corporation
• Praxair Surface Technologies
• Plasma-Tec
• Surface Technology
• H.C. Starck GmbH
• ASB Industries

Thermal Spray Regional Analysis:

The thermal spray market is segmented into five regions: Latin America, the Middle East & Africa, Asia Pacific, North America, and Europe.  Among these, Asia 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. Moreover, the growing demand from the oil and gas industry mainly in China, India is another factor positively affecting the market growth. The growing population has augmented the need for energy in the region which has resulted in a surge in oil and gas activities, thereby increasing the demand for a thermal spray for the use in bearings, pump shafts, hydraulic plungers and other applications. North America is the largest market and is expected to retain its dominance during the forecast years. 

Thermal Spray Segmental Analysis:

The global thermal spray market is segmented into product, application, and technology. On the basis of the product type, the market is segregated into metals, ceramics, intermetallic, polymers, carbides, abradable and others. The market by technology is further categorized into cold spray, flame spray, plasma spray, HVOF, electric arc spray, and others. On the basis of application, the market is segregated into aerospace, industrial gas turbine, automotive, medical, printing, oil & gas, steel, pulp & paper and others. 

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

To Be Continued. . . .