Global Thermal Spray Materials Market 2022-2026

Global Thermal Spray Materials Market 2022-2026

Technavio has been monitoring the thermal spray materials market and it is poised to grow by $ 3230 mn during 2022-2026, decelerating at a CAGR of 5.92% during the forecast period. Our report on the thermal spray materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand in the aerospace industry, strong demand from the automotive industry, and a growing preference for thermal spray coating over chrome plating. In addition, increasing demand in the aerospace industry is anticipated to boost the growth of the market as well.

The thermal spray materials market analysis includes application segment and geographic landscape.

Technavio's thermal spray materials market is segmented as below:

By Application

• Metals and Alloys
• Ceramics
• Polymers
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• The Middle East and Africa

This study identifies the increasing application of thermal spray coatings in the medical industry as one of the prime reasons driving the thermal spray materials market growth during the next few years. Also, the rising popularity of flame spray coating and growing demand for ceramic spray coatings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the thermal spray materials market covers the following areas:

• Thermal spray materials market sizing
• Thermal spray materials market forecast
• Thermal spray materials market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermal spray materials market vendors that include Alsher APM LLC, AMETEK Inc., C and M Technologies GmbH, Castolin GmbH, CenterLine Holdings Inc., Flame Spray Technologies B.V., Global Tungsten & Powders Corp., Hardface Alloys Inc., HC Starck Tungsten GmbH, Hoganas AB, Kennametal Inc., Metallisation Ltd., OC Oerlikon Corp. AG, Polymet Corp., Powder Alloy Corp., Praxair Inc., Sandvik AB, Treibacher Industrie AG, Linde Plc, and Compagnie de Saint Gobain SA. Also, the thermal spray materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.