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Global Thermal Spray Coatings Opportunity Assessment To Disclose Lucrative Revenue Prospects For Players : Fact.MR

01-17-2023 07:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

Global Thermal Spray Coatings Opportunity Assessment

The thermal spray coatings market is expected to reach US$ 15 Billion by 2032, growing at a CAGR of 6.6% between 2022 and 2032, according to a recently published report by Fact.MR. Extensive applications across key industries such as aerospace and industrial manufacturing are expected to propel market demand in the coming years.

During the historical period 2015-2021, sales of thermal spray coatings flourished at a 6% value CAGR, with the market closing in at a valuation of US$ 7.1 Billion. The COVID-19 pandemic had a negative impact on the market, attributed to the imposition of stringent lockdowns. However, since 2022, prospects have exhibited a gradual incline.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ - https://www.factmr.com/connectus/sample?flag=S&rep_id=4677

Because of the growing environmental issues caused by coal-fired power plants, the global focus on decarbonization is increasing. This has prompted many companies to work on developing power generation systems in order to achieve carbon-free power generation. This will significantly broaden adoption of thermal spray coatings.

๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฟ๐—ฎ๐˜† ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜

โ€ข ๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฟ๐—ฎ๐˜† ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ฏ๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜
Ceramic Thermal Spray Coatings
Intermetallic Thermal Spray Coatings
Polymer Thermal Spray Coatings
Carbide Thermal Spray Coatings
Abradable Thermal Spray Coatings
Other Thermal Spray Coating Products

โ€ข ๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฟ๐—ฎ๐˜† ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ฏ๐˜† ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜†
Plasma Thermal Spray Coatings
Flame Thermal Spray Coatings
HVOF Thermal Spray Coatings
Electric Arc Thermal Spray Coatings
Cold Thermal Spray Coatings
Other Technology-based Thermal Spray Coatings

โ€ข ๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฟ๐—ฎ๐˜† ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ฏ๐˜† ๐—”๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
Aerospace
Industrial Gas Turbines
Automotive Applications
Medical Applications
Printing
Oil & Gas
Steel
Pulp & Paper
Other Applications

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4677

๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†

โ€ข Global thermal spray coatings market to be valued at US$ 7.9 Billion in 2022
โ€ข By application, industrial gas turbines to yield 25% market revenue
โ€ข Applications in the aerospace industry to comprise 1/3rd of global thermal spray coatings demand
โ€ข Asia Pacific to register substantial growth, flourishing at over 7% value CAGR
โ€ข More than 2 out of 5 thermal spray coatings sales to happen across North America
โ€ข Thermal spray coatings market demand to experience over 2x growth until 2032

๐—ž๐—ฒ๐˜† ๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฟ๐—ฎ๐˜† ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ฟ๐˜€

โ€ข Praxair Surface Technologies, Inc.
โ€ข Hรถganรคs AB
โ€ข H.C. Starck Inc.
โ€ข Castolin Eutectic
โ€ข Wall Colmonoy Corp.
โ€ข Powder Alloy Corp.
โ€ข Saint-Gobain S.A.
โ€ข Carpenter Technology Corp.
โ€ข Fujimi Incorporated
โ€ข Durum Verschleiss-Schutz GmbH

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป-๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—•๐˜‚๐˜† ๐—ก๐—ผ๐˜„ - https://www.factmr.com/checkout/4677

๐Œ๐จ๐ซ๐ž ๐•๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

Fact.MR, in its new offering, presents an unbiased analysis of the global thermal spray coatings market, presenting historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of products (ceramics, intermetallics, polymers, carbides, abradables, and others), technology (plasma spray, flame spray, HVOF, electric arc spray, cold spray, and others), applications (aerospace, industrial gas turbine, automotive, medical, printing, oil & gas, steel, pulp & paper, and others), across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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