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Thermal Spray Coatings Market Expected to Witness a Sustainable Growth over 2025
Posted: May 10, 2019
"Thermal spray coating is a technology applied to improve or restore the surface of a solid material. The process can be used to apply coatings to a wide variety of materials and components for erosion, cavitation, wear, corrosion, heat, and abrasion resistance. Insulation or electrical conductivity, high or low friction, lubricity, chemical resistance, sacrificial wear, and many other desirable surface properties are also used for thermal spraying."
Adroit Market Research 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.
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Thermal Spray Coatings Market: Key Players are Praxair Surface Technologies, TWI Ltd., TST Engineered Coating Solutions, Metallisation Ltd., Air Products & Chemicals, Flame Spray Coating Co., Oerlikon Metco, A&A Coatings, Curtis-Wright Corporation, Plasma-Tec, Inc. and White Engineering Surfaces Corporation among others.
The 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 Market over the next few years. These characteristics are quite useful on engine and turbine components as thermal barrier coatings. Corrosion and wear protection are the key advantages offered by ceramics coatings that contribute to its extensive use in various industries.
The growing aerospace and automotive manufacturing sector are expected to fuel the demand for thermal spray coatings in the region. North America is anticipated to hold a market share of more than 27% at the end of the forecast period. 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.
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Who should buy this report?
This study is suitable for industry participants and stakeholders in the global thermal spray coatings market, who want an in-depth insight into the movement of the market. The report will benefit:
- Executives of global thermal spray coatings companies that are engaged in the thermal spray coatings production and exporting
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to global thermal spray coatings market
- Venture capitalists and investors looking for more information on the future outlook of the global thermal spray coatings market
- Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions for manufacturing thermal spray coatings
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Some Key Highlight Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Thermal Spray Coatings Market Overview, By Segments
Chapter 5. Competitive Landscape
Chapter 5. Company Profiles
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About US:
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.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX 75204, U.S.A
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
Ryan Johnson Account Manager Global 3131 McKinney Ave Ste 600, Dallas, TX 75204, U.S.A Phone No.: Usa: +1 (214) 884-6068 / +91 9665341414