Thermal Spray Material Market 2019 - Industry Size, Market Size & Growth, Top Leaders, Development Strategy, Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2023

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Thermal Spray Material Market 2019 Global Industry research report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2023.

Global “Thermal Spray Material Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Thermal Spray Material market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Thermal Spray Material market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.

Top-Listed Playersin Thermal Spray Material Market Research Report 2019-2023

  • 5iTech (AlSher APM)
  • Air Products and Chemicals
  • Ardleigh Minerals
  • Bay State Surface Technologies Inc. (Aimtek)
  • CandM Technologies GmbH
  • Carpenter Technology
  • Castolin Eutectic
  • Fujimi
  • Genie Products Inc.
  • Global Tungsten and Powders (GTP)
  • H.C. Starck
  • HAI Inc.
  • Hoganas AB
  • Hunter Chemical LLC
  • Kennametl Stellite
  • LSN Diffusion Ltd.
  • Metallisation Ltd.
  • Metallizing Equipment Co. Pvt. Ltd
  • Oerlikon Metco
  • Plasma Powders and Systems Inc.
  • Polymet Corp.
  • Powder Alloy Corp.
  • Praxair Surface Technologies
  • Saint Gobain
  • Sandvik Materials Technology
  • Supersonic Spray Technologies (CenterLine)
  • The Fisher Barton Group (Lineage Alloys)
  • The Linde Group
  • Thermion
  • Treibacher Industrie AG

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Overview of Thermal Spray Material Market:

The global thermal spray material market was valued at USD 1,621.10 million by revenue, in 2017, and it is anticipated to reach USD 2,564 million by 2023, at an estimated CAGR of 7.95% over the forecast period. Thermal spray is a group of industrial processes, which include the propelling of micrometer-size particles of molten or semi-molten materials (onto surfaces), to create a protective or decorative coating on the surface of the desired substrate. Thermal spray coating provides various advantages to end users, such as lower coating costs, improved engineering performance, and increased component life.

This market is driven by a number of factors, such as growing thermal spray applications in the automotive sector, increased usage of thermal spray in medical devices, rising popularity of thermal spray ceramic coatings, and growing applications in the aerospace and defense sector. However, this market faces certain drawbacks, such as the emergence of hard trivalent chrome coating, trust issues regarding process reliability and consistency, and the dearth of usage in emerging economies. These factors may act as roadblocks to the growth of the market.

Growing Thermal Spray Applications in Automotive Sector

Automotive industry consumes significant amount of thermal spray in various applications, such as automotive drive, gearings, shafting systems, breaking systems, and so on. In the recent years, governments across the world have been concentrating on minimizing carbon dioxide, particulate matter, and nitrogen oxide emissions, and on enhancing fuel economy (as per Corporate Average Fuel Economy Standards) of vehicles. As a result, they consistently pressure engine and automobile manufacturers to develop and utilize technologies that aid in reducing emissions, and improve fuel economy of vehicles. Furthermore, the increased usage of thermal spray ceramic coating technology in the high-performance car segment is also one of the factors driving the usage of thermal spray technology in the automotive sector.

Advancements in the Spraying Technology (Cold Spray Process)

Cold-spraying, a type of unique high-velocity oxy-fuel (HVOF) technology is the most promising of the previously mentioned developments. Cold spray uses kinetic energy to project powdered coating material onto the substrate, instead of using conventional thermal energy as the source for melting material and forming the desired protective coating. The process is considered more efficient than established thermal spray processes for various application sectors, due to its ability to create highly dense coatings through the extreme velocity-caused plastic deformation of the coating material particles.

Market Segmentation

Thermal spray materials are an integral part of the thermal spray coating process and can be primarily segmented into thermal spray coating materials and auxiliary materials. The coating materials segment in the thermal spray market accounted for nearly 98% in 2017, while the rest were supplementary materials (auxiliary materials). Coating materials have further been segmented into powders and rods/wires, along with the former being segmented into metal-based (pure metals and alloys, precious metals, and MCrAlY), ceramic-based, polymers, and others.

Thermal Spray techniques, due to their superior deposition rate, in comparison to other traditional coating processes, are an integral part of various major industrial sectors. In the report, the following major end-user sectors of thermal spray coatings have been taken into consideration automotive, aerospace, industrial gas turbines, energy and power, electronics, oil and gas, medical devices, and others.


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Key Highlights from Thermal Spray Material Market Report 2019.

Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Thermal Spray Material industry evolution and predictive analysis.

Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Thermal Spray Material Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.

Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.

Demand and Supply and Effectiveness — Thermal Spray Material Market report additionally provides distribution, Production, Consumption for the complete industry.

Thermal Spray Material MarketTop Regions(regional analysis covers):-

  • North America (the USA, Canada, andMexico)
  • Europe (Germany, France, UK, Russia, andItaly)
  • Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
  • South America, Middle East, andAfrica

Reasons to Purchase this Report

  • Current and future global thermal spray material market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in excel).

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Thermal Spray Material Market 2019 Report Brief:-

  • The report covers forecast and analysis for the Thermal Spray Material market on a global and regional level
  • The report includes the drivers and the restraints that affect the growth of the market
  • Detailed information about the market opportunities are discussed
  • The key target audience for the market has been determined in the report
  • The revenue generated by the prominent industry players has been analyzed in the report
  • The market numbers have been calculated using top-down and the bottom-up approaches
  • The market is segmented on the basis of product, technology, ownership, and end-user industry which in turn is bifurcated on the regional level as well
  • All the segments have been evaluated based on the present and the future trends
  • The report deals with the in-depth quantitative and qualitative analyses of the Thermal Spray Material market
  • The report includes detailed company profiles of the prominent market players

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