Press release
Thermal Spray Coatings Market to grow at a CAGR of 7.0 Percent was valued at USD 8.13 Bn. in 2021, and it is anticipated from 2022 to 2029, reaching nearly USD 13.96 Bn.
Thermal Spray Coatings Market
The report offers an in-depth analysis of various segments of the Thermal Spray Coatings Market, including Product, Application, Technology, and Region. It explores the major players in the market and delves into regional insights covering North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report presents a comprehensive overview of the latest advancements across different sectors, backed by facts, figures, visualizations, and presentations from the period 2017 to 2021.
Maximizing Market Research Pvt Ltd adopts a robust research methodology for this report, ensuring accurate and reliable data analysis. The research process involves gathering information from primary and secondary sources, conducting surveys, interviews, and expert opinions. The report's data analysis spans from historical trends to future projections, providing a holistic understanding of the market.
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What are Thermal Spray Coatings Market Dynamics:
The application of thermal spray coatings in various industries, including automotive, aerospace, medical, industrial gas turbine, printing, steel, and pulp and paper, is driving their growth. The report highlights how thermal spray coatings offer wear resistance, chemical resistance, and improved adhesion between substrates and top layers, influencing their demand.
Strict regulations from US EPA, REACH, and OSHA regarding the prohibition of hard chrome plating, which produces carcinogenic by-products, are pushing coating manufacturers towards sustainable solutions, further driving the market.
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Thermal Spray Coatings Market Regional Insights:
The report indicates that North America accounted for the largest share of regional market revenue in 2021. This is attributed to the high demand for industrial gas turbines from power generation plants, and the growing senior population driving the market for orthopedic implants in the United States.
Asia Pacific is expected to exhibit rapid growth during the forecast period, with major aircraft manufacturers establishing production operations in the region and increasing demand for automotive components.
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What is Thermal Spray Coatings Market Segmentation:
Thermal Spray Coatings Market by Product
• Metals
• Ceramics
• Intermetallics
• Polymers
• Carbides
• Abradables
• Others
Thermal Spray Coatings Market by Application
• Aerospace
• Industrial Gas Turbine
• Automotive
• Medical
• Printing
• Oil & Gas
• Steel
• Pulp & Paper
• Others
Thermal Spray Coatings Market by Technology
• Cold Spray
• Flame Spray
• Plasma Spray
• HVOF
• Electric Arc Spray
• Others
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Who are Thermal Spray Coatings Market Key Players:
• Praxair Surface Technologies, Inc.
• BodyCote
• Oerlikon Metco
• Surface Technology
• H.C Starck Gmbh
• F.W. Gartner Thermal Spraying
• Arc Spray (Pty) Ltd
• Metallisation Limited
• Plasma-Tec, Inc.
• C&M Technologies GmbH
• AMETEK Inc.
• Flame Spray SpA
• BryCoat Inc.
• Thermal Spray Technologies, Inc. (tst)
• ARTEC
Table of content for the Thermal Spray Coatings Market includes:
1. Global Thermal Spray Coatings Market : Research Methodology
2. Global Thermal Spray Coatings Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Thermal Spray Coatings Market : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Thermal Spray Coatings Market Segmentation
• Global Market, by Product (2022-2029)
• Global Market, by Application (2022-2029)
• Global Market, by Technology (2022-2029)
5. Regional Thermal Spray Coatings Market (2021-2029)
• Regional Market, by Product (2022-2029)
• Regional Market, by Application(2022-2029)
• Regional Market, by Technology(2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product, Application and Technology
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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