At 7.12% CAGR, Thermal Spray Coatings Market value at expected to reach USD 17.1 Billion by 2031

Global Thermal Spray Coatings Market size was valued at USD 10.25 Billion in 2022 and is projected to reach USD 17.1 Billion by 2031, growing at a CAGR of 7.12% during the forecast period (2023-2031) according to a new report by IMIR Market Research.

Thermal spray coatings, also known as thermal spraying or spray metallization, is a surface modification process in which a material is melted or heated and then propelled onto a substrate to form a protective or functional coating. This process typically involves heating the coating material, such as metals, ceramics, or polymers, to a molten or semi-molten state. The molten particles are then accelerated and sprayed onto the surface of the substrate, where they solidify and form a coating layer. Thermal spray coatings are applied to improve surface properties such as wear resistance, corrosion resistance, thermal insulation, electrical conductivity, and more. This technique is widely used in industries such as aerospace, automotive, energy, and manufacturing.

Global Thermal Spray Coatings Industry: Information By Material (Metals, Ceramics, Intermetallics, Polymers, Carbides, Abradables, Others), By Application (Aerospace, Industrial Gas, Turbine, Automotive, Medical, Printing, Oil & Gas, Steel, Pulp & Paper, Others), and By Technology (Cold Spray, Flame Spray, Plasma Spray, HVOF, Electric Arc Spray, Others), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share , Regions & Forecast till 2031

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Thermal Spray Coatings Market Players Analysis:
• Praxair Surface Technologies, Inc.
• Oerlikon Group
• H.C. Starck Surface Technology & Ceramic Powders GmbH
• Saint-Gobain S.A.
• Sulzer Ltd.
• Flame Spray SpA
• Bodycote plc
• Arc Spray (PTY) Ltd.
• ASB Industries, Inc.
• Plasma Powders & Systems, Inc.
• Metallisation Ltd.
• A&A Coatings
• Thermion Inc.
• TWI Ltd.
• Abakan Inc.
• And More

The Global Thermal Spray Coatings Industry Drivers:
Growing demand for thermal spray coating over hard chromium plating across various industries

Growing environmental concerns, stringent regulations governing the chrome plating process and the disposal of its byproducts, and rising costs are driving up demand for thermal spray coatings. As a result, it has become critical for the industry to develop alternative techniques that produce hard chrome plating with comparable properties but without the associated dangers. Thermal spraying technology is gradually becoming a viable alternative to this approach, with the potential to provide complementary methods for component safety and reclamation to the chrome plating sector. Thermal coatings last far longer than chrome plating.

Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Thermal Spray Coatings Market.

The Global Thermal Spray Coatings Industry Opportunities:
Rapidly Expanding Aerospace and Defense Sectors
Thermal spray coatings are widely utilised as protective coatings in the aerospace industry to maintain aircraft components and repair old ones. Thermal sprays are generally used in jet engine components such as crankshafts, piston rings, cylinders, valves, and so on. They are also used in the coating of landing gear (bearings and axles inside the landing gear) to withstand forces during landing and take-off.The United States provided USD 89.1 billion in aerospace exports in 2021, making it the leading country in the industry. The country is home to some of the world's largest aircraft manufacturers, including Boeing and Lockheed Martin. By 2021, six of the top twelve aerospace and defence companies will have.

Final Report will add the analysis of the impact of COVID-19 on this industry.
By Material
• Metals
• Ceramics
• Intermetallics
• Polymers
• Carbides
• Abradables
• Others
By Application
• Aerospace
• Industrial Gas Turbine
• Automotive
• Medical
• Printing
• Oil & Gas
• Steel
• Pulp & Paper
• Others
By Technology
• Cold Spray
• Flame Spray
• Plasma Spray
• HVOF
• Electric Arc Spray
• Others

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Ceramics are in high demand because to features such as heat resistance and corrosion resistance. Furthermore, ceramics are inexpensive, which is anticipated to increase demand for this material. Metal and alloys, as well as polymers, are widely employed on the surface of the substrate, ensuring that the goods have a longer service life under rigorous working circumstances. Such metal materials can be employed to create coatings profitable due to their range of microstructures, film deposition speed, and raw material applicability.
Intermetallic materials are extensively used in steam generators, coal-fired gas turbines, and other applications due to properties such as high melting point, low density, high thermal conductivity, and hot corrosion resistance. Polymers are gaining popularity in the automotive, petrochemical, aerospace, and defence industries. The polymer is used.

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