Thermal Spray Coatings Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Thermal Spray Coatings Market By Product (Abradables, Carbides, Ceramics, Intermetallics, Metal, Polymers and Others), By Process (Arc Spray, Flame Spray, High-velocityoxy-fuel (HVOF), Plasma, Powder Spray and Others), By Heat Source (Electrical Energy and Combustion Flame), By Application (Aerospace, Automotive, Industrial Gas Turbine, Medical, Oil & gas, Printing, Pulp & Paper, Steel and Others) and Geography

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Company Profile

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Description

Thermal Spray Coatings Market Size Was valued at USD 7.8 billion in 2021 and expected to reach a value of USD 12.62 billion by 2028, growing at a significant CAGR of 7.1% from 2021-2028. Thermal spray coatings are used on a multitude of tools and components within the Oil and Gas industry. As the demand for oil increases and the historical oil fields are being exhausted, oil companies are having to explore within more violent environments in order to extract from both existing and new reserves. Equipment operating in these harsh conditions are subject to severe degradation. These wear mechanisms include abrasion and/or erosion from drilling muds; corrosion (pitting and crevice attack); and, stress corrosion cracking due to hot acidic conditions. As a result, downhole drilling tools and associated equipment are today required to delve deeper, run hotter, work faster, and last longer than ever before. To counteract this, thermal spray coatings are becoming more widely used by the major manufacturers in their efforts to reduce down time and improve the performance of their tools and equipment. This report studies global thermal spray coatings market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.

Thermal Spray Coatings Market

MARKET SUMMARY

7.1%

Study Period– 2022-2028
Base Year– 2021
CAGR– 7.1%
Largest Market– Asia Pacific
Fastest Growing Market– North America

Thermal Spray Coatings Market

The global Thermal Spray Coatings market report gives a comprehensive outlook on thermal spray coatings across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.
The report on the global market gives historical, current, and future market sizes (US$ Mn) on the basis of product, process, heat source, application, and region.

Key Players

AMETEK Inc.
BodyCote
BryCoat Inc.
Plasma-TecInc.
Metallisation Limited

Thermal Spray Coatings Market Growth

Some of the key factors influencing the market growth include boom in the aerospace industry, growing demand from the healthcare industry, technological innovations for the development of cost-effective products, increasing product demand from the industrial gas turbines application industry and growing application in the oil & gas industry. However, stringent regulations, lack of technical skills and line-of-sight coatings process in thermal spray coatings are hampering the market growth. Development of substitutes including liquid coatings that holds higher ability to cover inside corners and hard to reach surfaces may hamper business growth. Further, growing concerns to minimize overspray and material wastage may also restrain industry demand.

Asia-Pacific Got Significant Share

Thermal Spray Coatings Market

Asia Pacific accounted for larger revenue share in global market with considerable CAGR. The growth in this region can be attributed to the increasing urbanization & modernization, rowing demand from numerous end-use industries, growing population and increasing personal disposable income. Moreover, as the region is a manufacturing hub regional manufacturers must meet international rules to export goods, which will drive the demand for high-quality and environment-friendly coated products. Hence, increasing the market demand as there is an increasing consumer demand for low weight components and personalized designs is another key factor fueling the market growth.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Thermal Spray Coatings Market Segmentation

By Product Type

Abradables
Carbides
Ceramics
Intermetallics
Metal
Polymers
Others

By Process

Arc Spray
Flame Spray
High-velocityoxy-fuel (HVOF)
Plasma
Powder Spray
Others

By Application

Aerospace
Automotive
Industrial Gas Turbine
Medical
Oil & gas
Printing
Pulp & Paper
Steel
Others

Location

GEOGRAPHY

Frequently Asked Questions

The thermal spray coatings market is projected to expand at a CAGR of 7.1% during the forecast period.

AMETEK Inc., BodyCote, BryCoat Inc., Plasma-TecInc., Metallisation Limited

North America is the fastest-growing region for thermal spray coatings market

Report

Table Of Content

Table of Content

Executive Summary
Global Thermal Spray Coatings Market Introduction
- Global Thermal Spray Coatings Market – Taxonomy
- Global Thermal Spray Coatings Market –Definitions
  - Product
  - Process
  - Heat Source
  - Application

Global Thermal Spray Coatings Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Thermal Spray Coatings Market Dynamic Factors – Impact Analysis
- Global Thermal Spray Coatings Market – Competition Landscape
Global Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
- Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
Global Thermal Spray Coatings Market, By Product, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Abradables
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Carbides
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Ceramics
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Intermetallics
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Metal
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polymers
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Thermal Spray Coatings Market Forecast, By Process, 2014 – 2018 and Forecast, 2019 – 2025
- Arc Spray
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Flame Spray
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- High-velocityoxy-fuel (HVOF)
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Plasma
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Powder Spray
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Thermal Spray Coatings Market Forecast, By Heat Source, 2014 – 2018 and Forecast, 2019 – 2025
- Electrical Energy
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Combustion Flame
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Thermal Spray Coatings Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
- Aerospace
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Automotive
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Industrial Gas Turbine
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Medical
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Oil & gas
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Printing
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Pulp & Paper
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Steel
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Thermal Spray Coatings Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- North America
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Europe
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Asia-Pacific
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Latin America
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Middle East and Africa
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Global Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application and Region, 2019 – 2025
North America Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Abradables
  - Carbides
  - Ceramics
  - Intermetallics
  - Metal
  - Polymers
  - Others
- Process Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Arc Spray
  - Flame Spray
  - High-velocityoxy-fuel (HVOF)
  - Plasma
  - Powder Spray
  - Others
- Heat Source Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Electrical Energy
  - Combustion Flame
- Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Aerospace
  - Automotive
  - Industrial Gas Turbine
  - Medical
  - Oil & gas
  - Printing
  - Pulp & Paper
  - Steel
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - US
  - Canada
- North America Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application and Country, 2019 – 2025
- North America Thermal Spray Coatings Market Dynamics – Trends
Europe Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Abradables
  - Carbides
  - Ceramics
  - Intermetallics
  - Metal
  - Polymers
  - Others
- Process Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Arc Spray
  - Flame Spray
  - High-velocityoxy-fuel (HVOF)
  - Plasma
  - Powder Spray
  - Others
- Heat Source Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Electrical Energy
  - Combustion Flame
- Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Aerospace
  - Automotive
  - Industrial Gas Turbine
  - Medical
  - Oil & gas
  - Printing
  - Pulp & Paper
  - Steel
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Germany
  - UK
  - France
  - Spain
  - Italy
  - Russia
  - Poland
  - Rest of Europe
- Europe Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application and Country, 2019 – 2025
- Europe Thermal Spray Coatings Market Dynamics – Trends
Asia-Pacific Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Abradables
  - Carbides
  - Ceramics
  - Intermetallics
  - Metal
  - Polymers
  - Others
- Process Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Arc Spray
  - Flame Spray
  - High-velocityoxy-fuel (HVOF)
  - Plasma
  - Powder Spray
  - Others
- Heat Source Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Electrical Energy
  - Combustion Flame
- Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Aerospace
  - Automotive
  - Industrial Gas Turbine
  - Medical
  - Oil & gas
  - Printing
  - Pulp & Paper
  - Steel
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Japan
  - China
  - India
  - ASEAN
  - Australia & New Zealand
  - Rest of Asia-Pacific
- Asia-Pacific Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application and Country, 2019 – 2025
- Asia-Pacific Thermal Spray Coatings Market Dynamics – Trends
Latin America Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Abradables
  - Carbides
  - Ceramics
  - Intermetallics
  - Metal
  - Polymers
  - Others
- Process Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Arc Spray
  - Flame Spray
  - High-velocityoxy-fuel (HVOF)
  - Plasma
  - Powder Spray
  - Others
- Heat Source Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Electrical Energy
  - Combustion Flame
- Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Aerospace
  - Automotive
  - Industrial Gas Turbine
  - Medical
  - Oil & gas
  - Printing
  - Pulp & Paper
  - Steel
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Brazil
  - Mexico
  - Argentina
  - Venezuela
  - Rest of Latin America
- Latin America Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application and Country, 2019 – 2025
- Latin America Thermal Spray Coatings Market Dynamics – Trends
Middle East and Africa Thermal Spray Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Abradables
  - Carbides
  - Ceramics
  - Intermetallics
  - Metal
  - Polymers
  - Others
- Process Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Arc Spray
  - Flame Spray
  - High-velocityoxy-fuel (HVOF)
  - Plasma
  - Powder Spray
  - Others
- Heat Source Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Electrical Energy
  - Combustion Flame
- Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Aerospace
  - Automotive
  - Industrial Gas Turbine
  - Medical
  - Oil & gas
  - Printing
  - Pulp & Paper
  - Steel
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Gulf Cooperation Council (GCC) Countries
  - Israel
  - South Africa
  - Rest of MEA
- MEA Thermal Spray Coatings Market – Opportunity Analysis Index, By Product, Process, Heat Source, Application, and Country, 2019 – 2025
- MEA Thermal Spray Coatings Market Dynamics – Trends
Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  - AMETEK Inc. (US)
  - Arc Spray (Pty) Ltd (South Africa)
  - BodyCote (UK)
  - BryCoat Inc. (US)
  - C&M Technologies GmbH (Germany)
  - W. Gartner Thermal Spraying (US)
  - Flame Spray SpA (Italy)
  - C. Starck GmbH (Germany)
  - Metallisation Limited (UK)
  - Oerlikon Metco (Switzerland)
  - Plasma-TecInc. (US)
  - Praxair Surface TechnologiesInc (US)
  - Surface Technology (UK)
  - Thermal Spray TechnologiesInc. (tst) (US)

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Thermal Spray Coatings Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Description

Thermal Spray Coatings Market

Thermal Spray Coatings Market

Features of the Report

By Product Type

By Process

By Application

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

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