Thermal Spray Coatings Market 2018– 2023 | Flame Spray Coating Company, General Magnaplate Corporation, Praxair S.T. Technology, Inc., Oerlikon Metco Ag Wohlen, Plasma-Tec, Surface Technology, ASB Industries, Inc., Cincinnati Thermal Spray, Inc., Precis

Thermal spray coatings involve a heat source, which melts the coating material in a powder, wire, or rod form into tiny droplets and sprayed it onto the substrate at high velocity. Thermally sprayed coatings are used to enhance and improve the performance characteristics of the substrates by imparting resistance against wear, erosion, cavitation, corrosion, abrasion, or heat. It is compatible with different substrates such as metals as well as plastics. Various types of coating materials such as ceramics, carbides, metals & alloys, polymers, and cermet are used for thermal spray coatings. Thermal spray coating offers various advantages such as thick coatings, high deposition rate, and low toxic gas emissions over several surface treatment processes such as nickel and chrome plating, nitride or heat treat processes, anodizing, and weld overlay.

Thermal spray coatings are used across a wide range of applications in different end-use industries such as aerospace, automotive, healthcare, energy & power, electronics, agriculture, and industrial. For instance, they are widely used to coat industrial parts such aerospace precision parts, agriculture equipment, automotive parts, industrial gas turbine, electronics components, food & beverage industry reactors & other equipment, chemical industry reactors & equipment, and healthcare equipment to prevent it from environmental conditions such as corrosion, cavitation, erosion, wear, abrasion, and heat.

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Necessity to improve the durability of machine components to avoid high replacement cost at later stagesis likely to fuel the market growth during the forecast period. Growing use in the healthcare sector for various application, such as prosthetics, dental implants, and orthopedics, are expected to drive the market growth over the forecast period. Furthermore, a considerable shift in consumer preferences towards thermal spray coatings over hard chrome plating on account of stringent regulations by EPA and REACH against the use of high VOC content coatings is expected to be one of the key drivers of the global thermal spray coatings market over the forecast period.

Market Segmentation

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.

On the basis of the heat source, the global thermal spray coatings market is segmented into combustion flame and electrical energy.

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.

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.

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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 holds a major share of the global market in terms of size and consumption due to rapid industrialization on account of relaxed investment norms and growing economies. Growth is attributed to end-use industries such as automotive, healthcare, industrial, energy & power, electronics, agriculture, and others. Countries such as China, India, and Japan are major contributors to the market growth.

North America was the second larger market for thermal spray coatings in 2017 and is expected to show a considerable growth over the forecast period. End-use industries such as aerospace, healthcare, industrial, energy & power, and agriculture are expected to contribute significantly to the market growth during the forecast period.

Europe is another major market for thermal spray coating and is expected to drive the demand to some extent over the forecast period. End-use industries such as automotive, agriculture industry are expected to majorly contribute to the market growth during the forecast period.

The Middle East & Africa and Latin America are expected to show a moderate demand for thermal spray coating over the forecast period mainly from the growing construction industry.

Key Players

Some of the major players operating in the global thermal spray coatings market are Flame Spray Coating Company (U.S.), General Magnaplate Corporation (U.S.), Praxair S.T. Technology, Inc. (U.S.), Oerlikon Metco Ag Wohlen (Switzerland), Plasma-Tec (U.S.), Surface Technology (UK), ASB Industries, Inc. (U.S.), Cincinnati Thermal Spray, Inc. (U.S.), Precision Coatings, Inc. (U.S.), BryCoat Inc. (U.S.), Progressive Surface (U.S.), H.C. Starck GmbH (Germany), A&A Thermal Spray Coatings (U.S.), Metallisation Ltd. (England), and Air Products & Chemicals, Inc. (U.S.).

Intended Audience

• Thermal spray coatings manufacturers
• Traders and distributors of thermal spray coatings
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

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