Thermal Spray Equipment Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The global thermal spray equipment market was valued at USD 357.97 million in 2021 and is expected to register a CAGR of 4.99% during the forecast period of 2022-2027. The growth is primarily fueled by its extensive usage in the aerospace sector, in components, such as jet engine components, landing gear, and turbine blades, along with the rising demand from the medical devices industry.
Key HighlightsThe global thermal spray equipment market is partially consolidated in nature. The major players in the market studied include (not in any particular order) Oerlikon, Linde, GTV Verschleibschutz GmbH, Kennametal, and Saint-Gobain, amongst others.
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