The global thermal spray coatings market was valued at US$8.7 billion in 2017 and is expected to reach US$15.1 billion by 2026, with a compound annual growth rate of 7.2% during the forecast period.

The purpose of the report is to conduct a comprehensive assessment of the market and include thoughtful insights, facts, historical data, industry-proven market data and forecasts, and a set of appropriate assumptions and methods. The report also helps to understand the dynamics and structure of the thermal spray coatings market by identifying and analyzing market segments by technology, materials, applications and regions, and predicting the global market size. In addition, the report also focuses on the competitive analysis of major players by material, price, financial status, material mix, growth strategy and regional presence. The report also provides PEST analysis, PORTER analysis, and SWOT analysis to solve shareholders' problems, so as to prioritize efforts and investments in specific market segments in the near future.

Thermal spraying is a coating mining process that involves forming a substrate in a semi-melted and molten state. The material is melted into rods, threads or powders. Compared with other coatings, thermal spraying can provide up to 20 mm thick coatings over large areas and deposition rates. These sprays can be used for protective or decorative coatings on many substrates, including metals, ceramics, polymers, intermetallic compounds, carbides, etc.

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Thermal spray coatings are also used in medical implants. Increasing the use of titanium and hydroxyapatite coatings in biomedical implants using thermal spray technology is expected to drive the growth of the thermal spray coating market during the forecast period. Thermal spraying is a set of mining processes in which micron-sized particles of molten or semi-molten material are sprayed onto the surface of a desired substrate to form a protective or decorative coating, which immediately bonds to the substrate.

The most commonly used technologies in the thermal spray coatings market are cold spray, flame spray, and plasma spray. Among them, plasma spraying is the fastest growing technology type and is expected to grow at a high compound annual growth rate during the forecast period. Flame spray technology is another dominant part. Cold spray uses kinetic energy to spray powder coating materials onto the substrate instead of using traditional thermal energy as a source of melting materials and forming the required protective coating.

Compared with other mining coatings, durability, corrosive strength and enhanced heat resistance are some of the driving factors that make it an effective alternative. Due to the growing demand for efficient and durable coatings from all walks of life, thermal spraying is used in a wide range of applications. It is widely used in the aerospace, automotive and pharmaceutical industries. The aerospace industry requires efficient wear-resistant and heat-resistant coatings in many applications. The continuous development of the aerospace industry, especially in developing economies, is expected to drive the thermal spray market during the forecast period. However, the low adoption rate combined with the growing threat of substitution are some of the main limiting factors for market growth.

The Asia-Pacific region is expected to become the fastest growing region, with an encouraging compound annual growth rate. The population growth and per capita disposable income in developing countries have mainly promoted the growth of the thermal spray market. In addition, promoting the development of aerospace and automotive industries in countries such as India and China is increasing the demand for thermal spraying. The US aerospace industry is the largest in the world. The country is one of the main exporters of aerospace components to France, China and Germany.

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Global thermal spray coating market scope:

The global thermal spray coating market, by material:

Cermet intermetallic polymer carbide

The global thermal spray coating market, by application:

Automobile oil and gas mining aerospace medical

The global thermal spray coating market, by technology:

Cold spray flame spray plasma spray other

Global thermal spray coating market, by region:

North America Europe Middle East & Africa Asia Pacific South America

Major players in the global thermal spray coatings market: A & A Thermal Spray Coatings Flame Spray Coating Company General Magnaplate Corporation Praxair Surface Technologies, Inc. Oerlikon Metco Plasma-Tec, Inc. Surface Technology Inc. HC Starck GmbH ASB Industries Inc. Fujimi Bodycote Accuwright Industries Castolin Eutectic ARTEC

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