Thermal Spray Coatings Market by Material, Process, End-use Industry, Region - Global Forecast to 2023

(Comserve via Comtex)

Japan, Japan, Thu, 22 Jul 2021 06:17:43 / Comserve Inc. / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The thermal spray coatings market is estimated to be USD 9.9 billion in 2018 and is projected to reach USD 13.7 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of the aerospace, automotive, and healthcare industries is driving the demand for thermal spray coatings.

The ceramics segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for ceramic materials across industries due to its cost efficiency and easy availability.

The aerospace segment is projected to grow at the highest CAGR between 2018 and 2023. The growth of this segment can be attributed to the demand backlogs of major manufacturers such as Boeing and Airbus.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Thermal Spray Coatings Market by Material, Process, End-use Industry, Region - Global Forecast to 2023

The Asia Pacific thermal spray coatings market is projected to grow at the highest CAGR between 2018 and 2023. This growth can be attributed to the growing population, increasing urbanization & modernization, increasing personal disposable income, and growth of various end-use industries such as aerospace and automotive.

Request for Sample Report: https://www.sdki.jp/sample-request-106400
"The Final Report will cover the impact analysis of COVID-19 on this industry: Thermal Spray Coatings Market by Material, Process, End-use Industry, Region - Global Forecast to 2023

Breakdown of primary interviews for the report on the thermal spray coatings market

? By Company Type - Tier 1 - 20%, Tier 2 -45%, and Tier 3 - 35%
? By Designation - C-Level - 25%, D-Level Executives - 20% and Others - 55%
? By Region - North America - 10%, Europe- 20%, Asia Pacific- 50%, Latin America- 15%, and Middle East & Africa - 5%.
The leading thermal spray coatings manufacturers, globally, profiled in this report are Praxair Surface Technologies, Inc (US),

BodyCote (UK), Oerlikon Metco (Switzerland), Surface Technology (UK), H.C Starck GmbH (Germany), F.W. Gartner Thermal Spraying (US), Arc Spray (Pty) Ltd (South Africa), Metallisation Limited (UK), Plasma-Tec, Inc. (US), C&M Technologies GmbH (Germany), AMETEK Inc. (US), Flame Spray SpA (Italy), BryCoat Inc. (US), and Thermal Spray Technologies, Inc. (tst) (US).

Key Benefits of Buying the Report


From an insight perspective, this report has been focusing on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the thermal spray coatings market, high-growth regions, and drivers, restraints, opportunities, and challenges in the thermal spray coatings market.

The report provides insights on the following pointers:
? Market Penetration: A comprehensive information on various materials and processes of thermal spray coatings offered by top players operating in the thermal spray coatings market.

? Product Development/Innovation: A detailed insight into upcoming thermal spray coatings, R&D activities, and new applications in various end-use industries in the thermal spray coatings market.

? Market Development: A comprehensive information about the lucrative and emerging markets. The report analyzes the markets for thermal spray coatings across different regions.

? Market Diversification: An exhaustive information about new products, untapped geographies, recent developments, and investments in the thermal spray coatings market.

? Competitive Assessment: An in-depth assessment of strategies, products, and manufacturing capabilities of leading players in the thermal spray coatings market.

TABLE OF CONTENTS

1 INTRODUCTION 18
1.1 OBJECTIVES OF THE STUDY 18
1.2 MARKET DEFINITION 19
1.3 MARKET SCOPE 19
1.3.1 YEARS CONSIDERED FOR THE STUDY 20
1.4 CURRENCY 20
1.5 UNITS CONSIDERED 20
1.6 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 MARKET SIZE +0000IMATION 25
2.3 DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 28
2.4.1 ASSUMPTIONS 28
2.4.2 LIMITATIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE OPPORTUNITIES IN THERMAL SPRAY COATINGS MARKET 33
4.2 THERMAL SPRAY COATINGS MARKET, BY MATERIAL 33
4.3 THERMAL SPRAY COATINGS MARKET, BY PROCESS 34
4.4 THERMAL SPRAY COATINGS MARKET, BY REGION 34
4.5 NORTH AMERICA THERMAL SPRAY COATINGS MARKET, BY MATERIAL AND COUNTRY 35
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37
5.2.1.1 Growing demand from the healthcare industry 37
5.2.1.2 Reduced maintenance cost of thermally sprayed parts 37
5.2.1.3 Thermal spray substituting electroplating processes 38
5.2.1.4 Boom in the aerospace industry 38
5.2.2 RESTRAINTS 38
5.2.2.1 Stringent regulations for thermal spray coatings 38
5.2.3 OPPORTUNITIES 38
5.2.3.1 Adoption of new measures to conserve energy & harness renewable energy sources 38
5.2.4 CHALLENGES 38
5.2.4.1 Lack of technical skills 38
5.2.4.2 Low investment in R&D activities by end-use industries 39
5.3 PORTER'S FIVE FORCES ANALYSIS 39
5.3.1 BARGAINING POWER OF SUPPLIERS 40
5.3.1.1 Easy availability of raw materials 40
5.3.1.2 Presence of a large number of suppliers 40
5.3.2 BARGAINING POWER OF BUYERS 40
5.3.2.1 Presence of a large number of buyers 40
5.3.2.2 Large volume purchases 40
5.3.3 THREAT OF SUBSTITUTES 41
5.3.3.1 Availability of substitutes 41
5.3.3.2 Cost of available substitutes 41
5.3.4 THREAT OF NEW ENTRANTS 41
5.3.4.1 Presence of established players 41
5.3.4.2 Requirement for specific technical skills 41
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 42
5.3.5.1 Industry concentration 42
5.3.5.2 Exit barriers 42

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

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