Global Thermal Spray Materials Market 2024-2028
Thermal Spray Materials Market 2024-2028
The thermal spray materials market is forecasted to grow by USD 5258.2 mn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand in aerospace industry, strong demand from automotive industry, and growing preference for thermal spray coating over chrome plating.
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
- Middle East and Africa
This study identifies the increasing application of thermal spray coatings in medical industry as one of the prime reasons driving the thermal spray materials market growth during the next few years. Also, rising popularity of flame spray coating and growing demand for ceramic spray coatings will lead to sizable demand in the market.
The 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
The 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., Compagnie de Saint-Gobain SA, Flame Spray Technologies B.V., Global Tungsten and Powders Corp., Hardface Alloys Inc., HC Starck Tungsten GmbH, Hoganas AB, Kennametal Inc., Linde Plc, Metallisation Ltd., OC Oerlikon Corp. AG, Polymet Corp., Powder Alloy Corp., Praxair Inc., Sandvik AB, and Treibacher Industrie AG. 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.
The publisher 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 primary and secondary research. The 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.