Thermal Spray Coatings Market Size, Share & Trends Analysis Report By Product, Distribution Channel

Adroit Market Research

Thermal Spray Coatings Market

By Product (Metals, Ceramics, Intermetallics, Polymers, and Others), by Application (Aerospace, Industrial Gas Turbine, Automotive, and Others), By Region and Forecast 2018 to 2025 Single Use License: US$ +1 (214) 884-6068

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Thermal Spray Coatings Market Size and Share 2025 • Adroit Market Research published a study titled, “Global Thermal Spray Coatings Market Size 2017 By Product (Metals, Ceramics, Intermetallics, Polymers, and Others), by Application (Aerospace, Industrial Gas Turbine, Automotive, and Others), By Region and Forecast 2018 to 2025”. The report provides a comprehensive evaluation of global thermal spray coatings market based on drivers, restraints and future opportunities that are expected to influence the market revenue during the forecast period. Additional tools such as Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The market revenue forecast is provided up to 2025, with 2015 to 2017 being the historical figures and annual forecast between 2018 and 2025. The report also includes the prevailing trends impacting the global thermal spray coatings market size. Furthermore, the report provides an overview of the thermal spray coating equipment market.

• The global thermal spray coatings market size is projected to be worth USD 15.01 billion by 2025. This can be attributed to its increasing usage in aerospace and automotive industries. Expansion of these industries is projected to offer favorable growth opportunities for the global thermal spray coatings industry over the next few years.

• Based on product, ceramics is projected to contribute to more than 30% of the revenues in the global thermal spray coatings market by 2025. Rising need for high-performance ceramic coatings in various industries including aerospace & defense, healthcare, energy, fiber-optic communications, environmental protection, and industrial goods is likely to drive the global thermal spray coatings market size during the forecast period.

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Thermal Spray Coatings Market Size and Share 2025 • North America is anticipated to hold a market share of more than 27% at the end of the forecast period. The growing aerospace and automotive manufacturing sector are expected to fuel the demand for thermal spray coatings in the region.

According to the International Organization of Motor Vehicle Manufacturers, 1,983,745 vehicles were sold in Canada in 2016 as compared to 2,077,000 vehicles sold in 2017, which is a 4.7% increase. This growth is projected to augment the demand for thermal spray coatings in the country. Furthermore, the stringent environmental regulations in the region have escalated the demand for environmentally friendly products, thereby, leading to the overall thermal spray coating equipment market growth.

• The landscape of the global thermal spray coatings market is fragmented with a large number of participants. The key players in the thermal spray coatings report include Praxair Surface Technologies, TWI Ltd., TST Engineered Coating Solutions, Metallisation Ltd., Air Products & Chemicals, Flame Spray Coating Co., Oerlikon Metco, A&A Coatings, CurtisWright Corporation, Plasma-Tec, Inc. and White Engineering Surfaces Corporation among others.

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Thermal Spray Coatings Market Size and Share 2025 • Key segments of the global thermal spray coatings market • Product Overview, 2015-2025 (USD Million) • Metals

• Ceramics • Intermetallics

• Polymers • Others • Application Overview, 2015-2025 (USD Million) • Aerospace • Industrial Gas Turbine • Automotive • Others +1 (214) 884-6068

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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

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