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Thermal Spray Coating Market Trends Analysis to 2024 Oerlikon Metco, Praxair Surface technologies, H.C. Starck, A & A Coatings and Bodycote & More

03-23-2018 02:26 PM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Thermal Spray Coating Market Trends Analysis to 2024 Oerlikon

MarketStudyReport.com Adds New “Global Thermal Spray Coating Market research report for the period of 2017 – 2024 to its research database covering information and data by Product, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast spreading across 550 Pages with table and figures in it.

Shifting manufacturer focus for superior surface properties to extend equipment service life has enhanced the product demand. Increasing R&D investments for advanced solutions development to improve machinery productivity, performance and overall durability will support industry growth.

Thermal Spray Coating Market is estimated to exceed USD 13 billion by 2024; according to a new research report.

Request a sample copy of Thermal Spray Coating Market Research Report @ https://www.marketstudyreport.com/request-a-sample/859966/?utm_source=OPR&utm_medium=SK

Strong application outlook in medical devices, gas turbines and aerospace & automotive components, due to superior corrosion & wear resistance and cost-effective properties will drive thermal spray coating market. Increasing preference for HVOF process over hard chromium plating due to relatively shorter processing time and comparatively lesser environmental impact are among key factors fueling industry growth.

Rising demand for dimensional restoration, using as thermal barriers, electrical conductors and electromagnetic shielding will propel the flame spray coating demand. Moreover, ability to recoat damaged or worn substrates in several end-use industries including energy & power, marine and aerospace industry will provide positive outlook for product demand.
Aerospace & defense market generated over 2.5 billion business in 2016. Rising demand from aerospace components including jet engines, turbine blades and landing gears owing to excellent heat barrier, wear & oxidation resistance and effective protection will drive product demand. Moreover, reduced maintenance cost, improved fuel efficiency and high speed of aircraft engines provides positive outlook for industry growth.

Fluctuating metal & mineral prices along with alloy material innovations are among key factors influencing flame spray coating price trend. Line-sight-coating causing reduced reach in deep and small cavities may hamper product demand, as it increases porosity on the surface. Moreover, low degree of adhesion particularly for small substrates may hinder industry growth.

Healthcare market is anticipated to witness growth over 7% in terms of revenue up to 2024. Effective retard from radiation along with shielding from electromagnetic waves particularly for MRI and other magnetic based medical equipment will create new opportunities for industry growth.

Global thermal spray coating market was led by North America accounting for more than 30% in 2016. Presence of major aerospace and automotive companies along with comparatively higher adoption of flame spray coating will propel regional demand.

Global flame spray coating market share is moderately consolidated with top three players accounting for more than 30% of the industry share. Oerlikon Metco, Praxair Surface technologies, H.C. Starck, A & A Coatings and Bodycote are among major industry players. Collaborations, joint ventures and long-term agreements among different participants across the value chain are major strategies observed.

For more information on this report, please visit @ https://www.marketstudyreport.com/reports/thermal-spray-coating-market/?utm_source=RR&utm_medium=SK

Related Reports: -
Global and Chinese Thermal Spray Coating Equipment Industry, 2018 Market Research Report
The 'Global and Chinese Thermal Spray Coating Equipment Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Thermal Spray Coating Equipm...
https://www.marketstudyreport.com/reports/global-and-chinese-thermal-spray-coating-equipment-industry-2018-market-research-report/?utm_source=RR&utm_medium=SK

More Reports @ https://opinioninvestor.com/author/jignesh-t/

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