The report on Thermal Spray Coating by Infinium Global Research analyses the Thermal Spray Coating Market over the period of 2016 to 2021. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Thermal Spray Coating Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Thermal Spray Coating Market.
Thermal Spray is a process that utilizes heat to melt material on the surface in wire, rod or powder form. It is a cost-effective way to enhance surface properties by forming a thick coating over it. Some types of thermal sprays in the market include plasma, arc, flame, high-velocity oxy-fuel coating, detonation, laser and cold sprays. Thermal spraying has become one of the leading technologies due to its high throughput, versatility and simple operation. It is therefore employed in many applications such as aerospace, gas turbine, oil and gas, automotive, biomedical, pulp and paper, electronics and metal processing. On the basis of different applications global thermal spray coating market can be segmented as aerospace, industrial gas turbines, automotive and others. Aerospace and industrial gas turbine segments have maximum demand and generate highest revenue for the global thermal spray coating market. On the basis of product type the global thermal spray coating market can be segmented as ceramics, intermetallic, polymers, metals and others.
Some of the drivers in the global thermal spray coating market are need for corrosion resistant coatings and as substitute of hard chrome in various automotive, aerospace and industrial gas turbine applications. This is expected to propel demand for thermal spray coating market over the forecast period. Increasing investment in civil sector by developing countries will augment the market as it demands wear and anti-corrosion products which can also withstand high temperature. On the other hand, thermal spray coating market is challenged by high cost of ownership which is repelling its growth. Additionally, need for skilled labors, maintenance and monitoring of thermal spray equipment requires high capital by end-users. Thermal spray coatings market has growth opportunities in bioceramic coating that is bio-compatible and has anti-corrosion properties. Due to stringent regulations in North America and Europe, demand for eco friendly and sustainable coatings has increased due to which bioceramic coatings market is expected to grow over the forecast period.
Geographic Coverage and Analysis:
North America and Europe are the largest consumers of thermal spray coating, rapid urbanization has led to augment various end-user industries (automobile, oil & gas, healthcare and others) in these continents. This in turn has proportionally increased demand for thermal spray coating and will continue over the coming years.
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Key topics covered:
2. Executive summary
3. Global Thermal Spray Coating Market Overview
4. Global Thermal Spray Coating Market Analysis, by product type (USD million) 2014 – 2021
5. Global Thermal Spray Coating Market Analysis, by application type (USD million)2014 – 2021
6. Global Thermal Spray Coating Market Analysis, Regional Analysis (USD million) 2014 – 2021
7. Company profiles