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Thermal Spray Coatings Market Strategies and Insight Drivers 2026 | F.W. Gartner Thermal Spraying, ASB industries, AMETEK Inc., Accuwright Industries
Thermal Spray Coatings Market
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Market Analysis: Global Thermal Spray Coatings Market
Global Thermal Spray Coatings Market is expected to rise to an estimated value of USD 16.25 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the rising demand from developing countries due to infrastructure development.
Key Market Competitors:
Few of the major competitors currently working in thermal spray coatings market are A & A Thermal Spray Coatings, Flame Spray Coating Company , Powder Alloy Corp, Bodycote, H.C. Starck GmbH, Metallisation Limited, F.W. Gartner Thermal Spraying, ASB industries, AMETEK Inc., Accuwright Industries ,Castolin Eutectic, H.C. Starck, Kennametal Stellite, Praxair Surface Technologies , Praxair Surface Technologies, and other.
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Market Definition: Global Thermal Spray Coatings Market
Thermal spray coatings are utilized to re-establish the parts of components that have been worn or eroded. In spite of the fact that the thermal covering does not add any solidarity to the segment, it is a speedy and prudent approach to re-establish the parts of components. Such coatings provide protection against high temperatures Ensuing granulating activities are frequently expected to smooth the coatings surface and to carry the last measurements to their proper resistances. Now-a-days, thermal coatings for dimensional restorations are being utilized in each assembling industry. Thermal spraying, also commonly known as metal spraying is a surface engineering /coating process where a wide range of metals and ceramics can be sprayed onto the surface of another material.
Segmentation: Global Thermal Spray Coatings Market
Thermal Spray Coatings Market : By Type
Metals
Polymer
Ceramics
Intermetallic
Others
Thermal Spray Coatings Market : By Application
Aerospace
Automobile
Pharmaceutical industries
Mining
Oil & Gas
Pulp & Paper
Others
Thermal Spray Coatings Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market:
In August,2019, Axalta Coating Systems Completes Acquisition of Coil and Spray Coatings Manufacturer Dura Coat, which is a leading manufacturer of metal and aluminum coating with this ventures they will enhance the market by bringing eco-friendly coating solutions in the market and reduce the consumption of carbon in coatings
In April 2015, Joint venture between Thermaspray and Surcotec sets benchmark in local thermal spray coating industry by this joint ventures the company aims to bring a new innovation in spray coating market by introducing automated bore welding with the introduction of Plasma Spray into it which take the market of spray coating into the next level
Thermal Spray Coatings Market Drivers:
Increasing demand for industrial gas turbines inhibits the growth of market
Increasing preference for thermal spray coatings over hard chrome coatings as it is environment friendly
Increasing demand of automobile sector and Paints Industries have the positive outlook on the growth of thermal spray coating
Development in aerospace sector boosts the demand of thermal coating
Thermal Spray Coatings Market Restraints:
Process is uncertain as it doesn't cover small and deep cavities of metal
Difficult to evaluate degree of coating for substrates
Volatility in raw material price hampers the market for thermal coating
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