Press release
Thermal Spray Coating Equipment and Services Market Research: Recent Trends and Economical Growth Forecast to 2030 | Expert Review and Demand
Browse 270 market data Tables and 56 Figures spread through 300 Pages and in-depth TOC on "Thermal Spray Coating Equipment and Services Market
The thermal spray coatings market is projected to grow from USD 10.4 billion in 2023 to USD 14.3 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. This report provides an in-depth evaluation of the market, focusing on thermal spray coating equipment and services market size [https://www.marketsandmarkets.com/Market-Reports/thermal-spray-coating-equipment-and-services-market-193573411.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermalspraycoatingequipmentandservices], trends, drivers, challenges, competitive landscape, and future growth potential. The market's growth is driven by the rising demand for thermal spray coatings in various industries such as aerospace, automotive, healthcare, electrical, energy & power. The increasing industrialization across various sectors, such as automotive, aerospace, energy, and healthcare, is a significant driver for the market. These industries require coatings to enhance their components and equipment's performance, durability, and protection.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193573411 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193573411&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermalspraycoatingequipmentandservices]
Thermal Spray Coatings Companies
Companies such as Praxair ST Technologies, Inc. (US), H.C Starck Gmbh (Germany), Bodycote (UK), Oerlikon Metco (Switzerland), and Surace Technology (UK) fall under the winners' category. These are leading players in the Thermal spray coatings market globally. These players have adopted strategies of investments, expansions, mergers and acquisitions, and agreements to fulfill the rising demand for thermal spray coatings on the regional and global levels.
Praxair ST Technology, Inc. manufactures and supplies surface-enhancing materials and processes. The company provides components, materials & equipment, and coating services to diverse business segments, which include manufacturing, metals, energy, chemicals, electronics, healthcare, food & beverage, aerospace, and others. In March 2020, Praxair ST Technology, Inc. agreed with Seimens Gas and Power that aerospace and industrial gas turbines components such as blades, vanes, casings, and discs will be coated by PST's aluminizing, platinum aluminizing, slurry, and thermal spray processes.
Oerlikon Metco is one of the leading providers of surface solutions and serves diverse industries through its surface enhancement technologies and advanced coatings. The company offers a broad range of products for various applications, including coating equipment, coating materials & services, friction systems, and turbine components. In March 2021, Oerlikon Metco announced the expansion of its manufacturing facility in Huntersville, North Carolina. This expansion intends to offer pre- and post-coating inspection and machining services.
Bodycote provides heat treatment, metal joining, surface technology, and hot isostatic pressing services to various sectors such as automotive, aerospace & defense, energy, and general industrial. In 2022, Bodycote partnered with Mathevon Group to grow its market reach in the region for the oil and gas industry, particularly in Saudi Arabia.
H.C. Starck GmbH is one of the leading producers and suppliers of thermal spray powders, advanced ceramics, and technology/refractory metals. The company offers thermal spray powders through its brand, AMPERIT. In 2018, H.C. Starck launched a new product, molybdenum thermal spray powder, which is spherical and designed for maximum flowability. It is to improve and restore surfaces from large area coatings to small metal components that suffer corrosion, erosion, and wear.
Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=193573411 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=193573411&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermalspraycoatingequipmentandservices]
Surface Technology is one of the leaders in offering high-performance surface treatments. The company provides a broad range of thermal spray coatings services, which include plasma spraying, thermal sprayed aluminum (TSA), flame spraying, high-velocity oxy-fuel (HVOF), and wire arc spraying. In October 2019, Surface Technology announced acquiring a business division of UK-based coating and engineering company Norman Hay plc to strengthen its position in the thermal spray coating market.
By Process, the combustion flame segment accounted for the highest thermal spray coating equipment and services market share from 2024 to 2030.
By process category, the combustion flame accounts for the maximum share of the overall automotive part-cleaning service market. Using the combustion/flame process is an excellent way to control the thickness of the coating layer reasonably well. The deposition rate can be controlled, and the necessary coating thickness is achieved by adjusting variables, including fuel-to-oxygen ratio, spray distance, and traverse speed. This is crucial for maintaining uniformity across the substrate and meeting specified coating thickness requirements.
By Product, the services segment held the highest market share in the thermal spray coating equipment and services market from 2024 to 2030.
In the market for thermal spray coating equipment and services, the services segment has the largest market share. This is because there are a lot of special-use spray coatings applications, as well as technical support, maintenance, and repairs in industries such as aerospace, automotive, and energy. Therefore, they tend to be outsourced so that quality and precision can be ensured and handled by individuals who know how to do it. As a result of this demand for bundled services, including consulting and post-coating inspection, services are the foremost segment within this field.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=193573411 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=193573411&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermalspraycoatingequipmentandservices]
By End-use industry, the aerospace segment accounted for the highest share of the thermal spray Coating Equipment and Services market from 2024 to 2030.
In terms of end-use sectors, aerospace accounted for the largest share. Turbine engine parts, including blades, vanes, combustor liners, and turbine casings, are coated extensively with thermal sprays. These coatings safeguard against high-temperature surroundings, oxidation, erosion, and corrosion. The main application of thermal barrier coatings (TBCs) is on turbine blades and vanes to minimize heat transfer between the blade surface and hot gas, improve fuel efficiency, and prolong the life of components. This stimulates the consumption of thermal spray coatings in the aerospace industry.
North America is the largest thermal spray coating equipment and services market region.
One of the key factors responsible for the growth in the North American region in the Thermally Sprayed Coating Equipment and Services market is their rising adoption across different nations. Several players in this industry exist within the region; hence, it is worth noting that multiple service providers dominate these markets. Furthermore, many aerospace manufacturers in this area typically apply thermal spray coatings on aircraft engines, turbine components, aerospace structures, and other vital parts. This industry's thirst for lightweight, anti-corrosive, high-performing coats has increased sales volumes of such products globally.
About MarketsandMarkets Trademark
MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=thermal-spray-coating-equipment-and-services-market-research-recent-trends-and-economical-growth-forecast-to-2030-expert-review-and-demand]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/thermal-spray-coating-equipment-and-services-market-193573411.html
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thermal Spray Coating Equipment and Services Market Research: Recent Trends and Economical Growth Forecast to 2030 | Expert Review and Demand here
News-ID: 3720343 • Views: …
More Releases from ABNewswire
Denver's Best Appliance Repair Responds to Rising Demand for Emergency Appliance …
Denver's Best Appliance Repair expands emergency services across the Denver metro with same-day repairs, 7-day availability, 5-year parts warranty, and professional licensed technicians serving residential and commercial clients.
Household appliance failures don't follow a schedule. When a refrigerator stops cooling in the middle of summer or a washing machine floods a basement on a Sunday evening, families need immediate help. Denver's Best Appliance Repair has responded to this growing need by…
Oak Hill Clinic Reaches 30,000 Client Milestone with Results-Driven Deep Tissue …
Deep Relief in Oak Hill, Austin, has served 30,000 clients through specialized massage, chiropractic, and acupuncture care. The clinic accepts insurance and focuses on results-driven treatments for pain relief.
Deep Relief, an Oak Hill-based wellness clinic, has achieved a significant milestone by serving more than 30,000 clients seeking Relief from chronic pain, muscle tension, and mobility issues. The clinic's success stems from its commitment to advanced, results-focused bodywork that goes beyond…
Vertex Fleet Expands Nationwide Network to Combat Growing Trailer Drop Yard Shor …
Vertex Fleet announces major expansion of secure parking facilities nationwide, addressing the critical shortage of commercial vehicle storage with 15+ new locations featuring 24/7 security and technology-driven access.
The freight and logistics industry faces a mounting crisis as demand for secure parking spaces continues to outpace supply across the United States. Vertex Fleet [https://www.vertexfleet.com/], a leading provider of industrial outdoor storage solutions, has announced significant expansion plans to address this critical…
HVAC in Denver Sees Service Enhancement as Denver's Best Heating and AC Repair L …
Denver's Best Heating and AC Repair expands 24/7 emergency services across 23 metro cities, offering A+ rated heating, cooling, and commercial HVAC solutions with rapid response times and multi-brand expertise.
Denver's Best Heating and AC Repair [https://www.denversbestheatingandacrepair.com/]has expanded its service capabilities to meet growing demand for reliable heating and cooling solutions across the Denver Metro area. The A+ rated contractor now provides 24/7 emergency response services to 23 cities, addressing critical…
More Releases for Thermal
Thermal Weeder Market
Thermal Weeder Market Value is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029). It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Important changes in the business allow key players to attain larger profits. This Thermal WeederMarket study report is the best way to make changes with the help of entire market condition and metrics provided here. These…
Rising Demand for Thermal Analysis Techniques to Boost Differential thermal anal …
[San Francisco, USA] - Market research firm Trouve360Reports has added a latest report on the global differential thermal analysis market. The report offers a comprehensive analysis of the market, providing insights into key trends, growth drivers, and challenges that are shaping the industry.
The report presents a detailed market introduction, highlighting the definition of differential thermal analysis and its applications in various industries. The market overview section of the report offers…
Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market …
According to Market Study Report, Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market provides a comprehensive analysis of the Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC,…
What is the Difference Between Direct Thermal and Thermal Transfer Labels?
Northern Label Systems, specialists in supplying high quality labels explain the differences between Direct Thermal https://www.northern-label-systems.co.uk/labels-by-type/direct-thermal-labels and Thermal Transfer Labels https://www.northern-label-systems.co.uk/labels-by-type/thermal-transfer-labels
Thermal Transfer printing uses an ink ribbon to transfer the printed image from the heated printhead of the label printer onto the surface of the label while Direct Thermal printing transfers the image directly onto a heat sensitive material.
There are advantages and disadvantages to both methods. Direct Thermal label…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) …
Qyresearchreports include new market research report "Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Sales Market Report 2018" to its huge collection of research reports.
This report studies the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market status and forecast, categorizes the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market size (value & volume) by key players, type, application, and…
