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Thermal Spray Coating Market Share, Outlook, Demand And Analysis Report 2022-2027

12-26-2022 10:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Thermal Spray Coating Market Share, Outlook, Demand

According to the latest report by IMARC Group "Thermal Spray Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global thermal spray coating market reached a value of US$ 8.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2027, exhibiting a CAGR of 7.5% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Thermal spray coating is an industrial process to apply coating on materials for enhancing the thermal barrier properties of the surface. The process involves the use of a source of heat and powder-coating substances that are melted and sprayed on the material surface at high velocity. This process is widely utilized in the production of moving and rotating parts of machines, such as ships, pumps, electric motors, aerospace turbine systems and quarrying machinery, as it aids in improving friction while extending the life span of the machine.

Request for a free sample copy of this report: https://www.imarcgroup.com/thermal-spray-coating-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Thermal Spray Coating Market Trends and Drivers:

The global market is primarily driven by a substantial increase in the adoption of heavy machines by various industries. Moreover, the rising usage of thermal spray coating in aerospace and automotive industries to coat engine turbine blades, piston, and synchronizer rings in order to provide a protective layer from extreme temperature changes is creating a positive outlook for the market. Along with this, it is also used as a preferred alternative to electroplating and ion implantation as the process is relatively less toxic and provides excellent corrosion resistance. Some of the other factors contributing to the market growth include rapid industrialization, especially in emerging economies, and extensive research and development (R&D) activities conducted by key players.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

Metals
Ceramics
Intermetallics
Polymers
Carbides
Abradables
Others

Breakup by Technology:

Cold
Flame
Plasma
High-Velocity Oxy-Fuel (HVOF)
Electric Arc
Others

Breakup by Application:

Aerospace
Industrial Gas Turbine
Automotive
Medical
Printing
Oil and Gas
Steel
Pulp and Paper
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Air Products and Chemicals Inc.
American Roller Company LLC
Durum Verschleissschutz GmbH
Lincotek Rubbiano S.p.A
Metallizing Equipment Co. Pvt. Ltd.
Montreal Carbide Co. Ltd.
Powder Alloy Corporation
Praxair Surface Technologies Inc. (Linde plc)
Progressive Surface Inc.
Wall Colmonoy Corporation.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/thermal-spray-coating-market

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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