Thermal Spray Coatings Market to Hit USD 11.22 Billion by 2030, Growing at 4.16% CAGR, Says Mordor Intelligence

The latest research by Mordor Intelligence covers the "Thermal Spray Coatings Market," delivering insights into market dynamics, drivers of growth, and long-term forecasts.

The Thermal Spray Coatings Market is poised for steady growth over the forecast period, with its valuation expected to increase from USD 9.15 billion in 2025 to USD 11.22 billion by 2030 (CAGR of 4.16 %)

The market growth is underpinned by several forces: a shift away from chrome plating due to environmental regulation, rising demand in electronics and additive-repair sectors, and improved process control via digital spray systems. In particular, Asia-Pacific is expected to be a growth hotspot, driven by increasing manufacturing capacity and stricter emissions rules favoring low-VOC coating approaches.

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Key Trends in the Thermal Spray Coatings Market

Rising Aerospace and Defense Applications

One of the most significant trends in the Thermal Spray Coatings Market is the strong demand from aerospace and defense. Aircraft engines, turbines, and landing gear components benefit from protective coatings that improve resistance to extreme temperatures and wear. With increasing fleet modernization and global air travel growth, the use of thermal spray coatings in these sectors continues to accelerate.

Expanding Energy and Power Generation Use

Gas turbines, boilers, and other power generation equipment require coatings that withstand high temperatures and corrosive environments. The energy industry's shift toward efficiency and sustainability has increased the reliance on thermal spray coatings to extend asset lifespans and optimize performance in demanding operating conditions.

Growing Focus on Industrial and Automotive Applications

The automotive industry is adopting coatings to enhance engine performance, reduce friction, and improve wear resistance. Similarly, heavy industries such as oil and gas and general engineering are increasingly utilizing these coatings for equipment longevity. This growing diversity in applications widens the scope for the Thermal Spray Coatings Market across global industries.

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Thermal Spray Coatings Segmentation:

The Thermal Spray Coatings Market is segmented by material, technology, end-user industry, and geography, reflecting its wide industrial relevance. By material, the market encompasses ceramics, metals and alloys, carbides, and other specialized options, each selected based on performance requirements such as wear resistance or thermal protection. From a technology standpoint, processes include flame spray, plasma spray, high-velocity oxy-fuel (HVOF), electric arc spray, and other advanced methods, offering flexibility across applications.

In terms of end-user industries, aerospace and defense remain leading adopters, while automotive, energy and power generation, industrial and engineering, and healthcare sectors also represent significant demand bases, supported by additional niche industries that rely on tailored coating solutions worldwide.

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Key Players in the Thermal Spray Coatings Market

The Thermal Spray Coatings Market is moderately consolidated, with global players competing on technology, product quality, and customized solutions. Companies are focusing on partnerships, acquisitions, and R&D investments to strengthen their presence.

Praxair Surface Technologies - Specializes in coatings for aerospace and industrial gas turbines.

Oerlikon Metco - Offers a comprehensive portfolio of coating materials and equipment.

Höganäs AB - Known for advanced metal powders used in coating applications.
H.C. Starck GmbH - Supplies high-performance materials for critical industries.
Flame Spray Technologies BV - Focused on industrial coating solutions for diverse sectors.

Surface Technology Inc. - Provides customized coatings for oil and gas, aerospace, and energy.

Curtiss-Wright Surface Technologies - Offers protective coatings for defense and aerospace markets.

These companies continue to expand their global reach by offering solutions that align with sector-specific needs, ranging from medical implants to aerospace turbine blades.

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Conclusion

Thermal Spray Coatings Market is on a strong growth trajectory, supported by rising demand from aerospace, defense, automotive, and energy industries. Coatings are increasingly being recognized as essential for protecting critical components against wear, corrosion, and thermal stress. The growing adoption of advanced coating materials and innovative spraying technologies will further enhance the market outlook in the coming years.

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Get Full Details: https://www.mordorintelligence.com/industry-reports/industrial-coatings-market?utm_source=openpr

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Get Full Details: https://www.mordorintelligence.com/industry-reports/thermal-spray-equipment-market?utm_source=openpr

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