Global Laser Cladding Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Laser Cladding Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Laser cladding is a process in which a metal coating is applied onto the surface of a part using a laser as the heat source. The process is often used to create a protective coating for increased functionality, as well as restore damaged or worn surfaces. Laser cladding allows extended life of equipment and machinery in which parts are exposed to corrosion, wear or impact. For example, the construction equipment industry applies this technology to their products to increase wear resistance and keep equipment in service longer.

According to our (Global Info Research) latest study, the global Laser Cladding Material market size was valued at US$ 253 million in 2023 and is forecast to a readjusted size of USD 414 million by 2030 with a CAGR of 7.3% during review period.

Top 3 players in the global laser cladding material are Oerlikon Metco, Höganäs AB and Praxair S.T. Technology. Oerlikon Metco and Höganäs AB are the top 2 players and account for over 60% of global sales value. Geographically speaking, Europe is the largest market, holds over 40% of total market share. In terms of materials, iron based alloys and nickel based alloys are relatively more popular and holds over 50% of global market share in total. In terms of application, aviation and automotive & transportation holds over 60% of global market share in total.

This report is a detailed and comprehensive analysis for global Laser Cladding Material market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Laser Cladding Material market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2019-2030

Global Laser Cladding Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2019-2030

Global Laser Cladding Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2019-2030

Global Laser Cladding Material market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (K USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Laser Cladding Material

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Laser Cladding Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Oerlikon Metco, Höganäs AB, Praxair S.T. Technology, Wall Colmonoy, FST, Sentes-BIR, DURUM Verschleißschutz GmbH, Kennametal Stellite, AMC Powders, Hongbo Laser, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Laser Cladding Material market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Iron Based Alloys
Nickel Based Alloys
Cobalt Based Alloys
Carbides and Carbide Blends
Others

Market segment by Application
Aviation
Automotive & Transportation
Power Generation
Petrochemical Processing
Mining
Others

Major players covered
Oerlikon Metco
Höganäs AB
Praxair S.T. Technology
Wall Colmonoy
FST
Sentes-BIR
DURUM Verschleißschutz GmbH
Kennametal Stellite
AMC Powders
Hongbo Laser
Henan Igood Wear-resisting Technology

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Laser Cladding Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Laser Cladding Material, with price, sales quantity, revenue, and global market share of Laser Cladding Material from 2019 to 2024.

Chapter 3, the Laser Cladding Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Laser Cladding Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Laser Cladding Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Laser Cladding Material.

Chapter 14 and 15, to describe Laser Cladding Material sales channel, distributors, customers, research findings and conclusion.