Global Thermal Spray Market 2022-2028
Thermal spraying is a technology which improves or restores the surface of a solid material. The process can be used to apply coatings to a wide range of materials and components, to provide resistance to wear, erosion, cavitation, corrosion, abrasion or heat. Thermal spraying is also used to provide electrical conductivity or insulation, lubricity, high or low friction, sacrificial wear, chemical resistance and many other desirable surface properties. The global thermal spray market is projected to rise by USD 3.7 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 4.6 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global thermal spray market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the thermal spray industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, process, end user, and region. The global market for thermal spray can be segmented by product: thermal spray coatings, thermal spray equipment, thermal spray materials. The thermal spray coatings segment was the largest contributor to the global thermal spray market in 2021. Thermal spray market is further segmented by process: combustion flame, electric energy. Based on end user, the thermal spray market is segmented into: aerospace, automotive, electrical & electronics, energy & power, healthcare, industrial, oil & gas, others. On the basis of region, the thermal spray market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The thermal spray materials market is further segmented into coating materials, supplementary materials. The coating materials segment is estimated to account for the largest share of the global thermal spray market. Furthermore, the thermal spray equipment market has been categorized into thermal spray coating systems, dust collection equipment, spray guns and nozzles, feeder equipment, spare parts, noise-reducing enclosures, others. The spray guns and nozzles segment held the largest share of the global thermal spray market in 2021 and is anticipated to hold its share during the forecast period. The thermal spray coatings market is further divided into detonation gun spraying, flame spray, high velocity oxygen fuel (HVOF), plasma spray, plasma transferred arc, spray fusing, wire arc. In 2021, the flame spray segment made up the largest share of revenue generated by the thermal spray market.
Market Segmentation
By product: thermal spray coatings, thermal spray equipment, thermal spray materials
By process: combustion flame, electric energy
By end user: aerospace, automotive, electrical & electronics, energy & power, healthcare, industrial, oil & gas, others
By region: Asia Pacific, Europe, North America, Rest of the World (RoW)
The report explores the recent developments and profiles of key vendors in the Global Thermal Spray Market, including Aimtek, Inc., Alsher APM LLC, AMETEK, Inc., ASB Industries, Inc., Bodycote plc, BryCoat Inc., C&M Technologies GmbH, Castolin Eutectic GmbH, CenterLine (Windsor) Limited, Compagnie de Saint-Gobain S.A., F.W. Gartner Thermal Spraying, Ltd. (Curtiss-Wright Corporation), Fisher-Barton Inc., Flame Spray Coating Company, Global Tungsten & Powders Corp., H.C. Starck GmbH, HAI Inc., Hoganas AB, Hunter Chemical LLC, Kennametal, Inc., LSN Diffusion Limited, Metallisation Limited, OC Oerlikon Management AG, Polymet Corporation, Powder Alloy Corporation, Praxair Surface Technologies, Inc. (Linde plc), Sandvik AB, The Fisher Barton Group (Thermal Spray Technologies), Thermion Inc., Tocalo Co. Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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