Thermal Spray Coatings Market Analysis 2018 – 2023 by Global Leaders - Flame Spray Coating Company, Praxair S.T. Technology, Plasma-Tec, Cincinnati Thermal Spray, Precision Coatings, A&A Thermal Spray Coatings, Metallisation and Air Products & Chemicals

The Global Thermal Spray Coatings Market is segmented by the coating Material, Heat Source, Process, End-Use Industry, and Region.

On the Basis of the Coating Material, the Global Thermal Spray Coatings Market is segmented into ceramic, carbide, metal & alloys, polymer, and cermet. The metal & alloys coating materials accounted to hold the major market share of the Global Thermal Spray Coatings Market undercoating material category owing to wide acceptance in different applications such as protecting large steel structures of buildings & bridges, automotive components, healthcare components, and other industrial components.

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On the Basis of the Heat Source, the Global Thermal Spray Coatings Market is segmented into combustion flame and electrical energy. Use of electrical energy as a heat source is widely preferred in different applications in 2017 on account of its advantages such as fast deposition rates, larger surface area coverage, and eco-friendly nature, and is expected to continue growing over the forecast period.

On the Basis of the Process, the Global Thermal Spray Coatings Market is segmented into cold spray, flame spray, plasma spray, high-velocity oxy-fuel, electric arc spray, and others. Electric arc spray accounted to be the most commonly used process of thermal spray coatings in 2017 on account of its cost-effective nature in different end-use industries. However, plasma spraying is likely to replace the electric arc spray process in the coming years owing to its superior performance efficiencies such as uniform coating thickness, clean process, and superior wear & weather resistance.

On the Basis of the End-User Industry, the Global Thermal Spray Coatings Market is segmented into aerospace, automotive, healthcare, construction, industrial, energy & power, electronics, agriculture, and others. Automotive, aerospace, healthcare, and industrial collectively accounted to be a major consumer of Thermal Spray Coating in 2017 owing to its eco-friendly nature and high performance over other types of coatings are expected to continue to hold the major market share during the forecast period.

Regional Analysis

The Global Thermal Spray Coatings Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to lead the Global Thermal Spray Coatings Market, followed by North America, which is further trailed by Europe. The Middle East & Africa and Latin America are expected to witness a moderate growth over the forecast period.

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