Thermal Spray Market 2019 Market Top Companies Profiles with Future Scope Until 2023:Size, Share, Revenue, Growth Factors 2023 Forecast


Posted May 24, 2019 by Rishab

Thermal Spray Market 2019 Size, Competitors Strategy, Regional Analysis and Growth by Forecast to 2023
 
Thermal spray Market Introduction:

Thermal spraying is an industrial process of coating that involves the formation of substrates in the semi-molten and molten state. Thermal spraying provides thick coatings up to 20 mm over a large area and deposition rate than other coatings. These sprays are used for a protective or decorative coating in many substrates including metals, ceramics, polymers, intermetallic, carbides, abradable, and others.

The properties such as enhanced engineering performance increased shelf life, and low coating cost makes them a suitable substitute in comparison with other coatings. The growing demand from the end-user industries such as aerospace, automobiles, oil & gas, steel, medical and printing among others is substantially driving the growth of the market. However, low adoption rate coupled with the growing threat of substitution are some of the major restraints in the growth of the market

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Competitive Overview :

A & A Thermal Spray Coatings
Flame Spray Coating Company
General Magnaplate Corporation
Praxair Surface Technologies
Oerlikon Metco
Surface Technology
H.C. Starck GmbH
ASB Industries
Leading Regions:

The global thermal spray market is spanned across five regions of the world namely Europe, Asia Pacific, Latin America, North America and the Middle East & Africa. Among these, North America holds a major share of the global market and is projected to be the leading market, owing to the increasing consumption of thermal spray in the oil & gas, steel and oil and gas industry among others. It is estimated that the aerospace end-user segment is set to observe the highest CAGR in the market followed by the oil and gas activities in the developing regions to meet their energy requirements.

The North American market is expected to grow at a steady CAGR due to extensive consumption of thermal spray in the aerospace and automobile sector. The Canada. and the U.S. have achieved a significant place in the market due to the growing oil and gas activities post the shale gas boom in the region. Moreover, the growing use of the industrial gas turbine is expected to augment the growth during the forecast period further.

The Middle East thermal spray market is expected to witness a steady growth due to the growing oil and gas activities in the region. The growing exploration and production activities in the region has boosted the use of thermal spray in the sleeves, hydraulic pumps, compressor rods, lip seal seats, rotors extruders, and pump shafts among others

Segmentation:

The global thermal spray market is segmented into product, application, and technology. On the basis of the product type, the market is segregated into metals, ceramics, intermetallic, polymers, carbides, abradable and others. The market by technology is further categorized into cold spray, flame spray, plasma spray, HVOF, electric arc spray, and others. On the basis of the application, the market is segregated into aerospace, industrial gas turbine, automotive, medical, printing, oil & gas, steel, pulp & paper, and others

Intended Audience:

Thermal spray market manufacturers
Traders and Distributors of thermal spray market
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory
LIST OF TABLES

Table 1 World Population By Major Regions (2017 To 2030)

Table 2 Global Thermal Spray Market: By Region, 2017-2023

Table 3 North America Thermal Spray Market: By Country, 2017-2023

Table 4 Europe Thermal Spray Market: By Country, 2017-2023

Table 5 Asia-Pacific Thermal Spray Market: By Country, 2017-2023
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Tags thermal spray market , thermal spray market share , thermal spray market size
Last Updated May 24, 2019