Thermal Spray Coatings Market is expected to be USD 13.22 billion by 2023 | ASB Industries Inc, Metallisation Ltd, TST Coatings Inc, The Welding Institute, Flame Spray Coating Co, Precision Coatings Inc

Industry Outlook and Trend Analysis:
The Thermal Spray Coatings Market was worth USD 7.56 billion in 2014 and is expected to reach approximately USD 13.22 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.41% during the forecast period.

Rising application extent of the products, most remarkably in the automotive and aerospace enterprises, attributable to preferences, for example, thickness ability, wear and corrosion protection, low toxic gas discharges, electrical protection, is anticipated to drive thermal spray covering market development over the conjecture time frame.

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These coatings have expanding market opportunity because of properties, for example, biocompatibility, cavitation protection and aesthetic appeal, making them in a perfectly suited for a few applications.

Market Classification:
Thermal Spray Coatings Market, By Application, Estimates and Forecast, 2014-2023($Billion)
Industrial Gas Turbine
Oil & gas
Pulp & Paper
Other Applications

Thermal Spray Coatings Market, By Product, Estimates and Forecast, 2014-2023($Billion)
Other Products

Thermal Spray Coatings Market, By Technology, Estimates and Forecast, 2014-2023($Billion)
Cold spray
Flame spray
Plasma spray
Electric arc spray
Other Technologies

Product Outlook and Trend Analysis:
Thermal spray coatings products incorporate ceramic, polymer, abradables, metal, intermetallic, carbides and self-fluxing alloys. Ceramics is anticipated to be the biggest developing product section with a significant growth rate. Expanding inclination for superior ceramic coatings in different segments, including aerospace & defence, fibre-optic communications, healthcare, industrial goods, energy, and environmental protection is foreseen to drive industry development over years.

Table of Contents:
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions

4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
5.Thermal Spray Coatings Market, By Application
5.2.Global Thermal Spray Coatings Sales, Revenue and Market Share by Application (2014-2017)
5.2.1.Global Thermal Spray Coatings Sales and Sales Share by Application (2014-2017)
5.2.2.Global Thermal Spray Coatings Revenue and Revenue Share by Application (2014-2017)
5.3.Thermal Spray Coatings Market Assessment and Forecast, By Application, 2014-2023
5.4.1.Global Aerospace Sales and Growth Rate (2014-2018)
5.5.Industrial Gas Turbine
5.5.1.Global Industrial Gas Turbine Sales and Growth Rate (2014-2018)
5.6.1.Global Automotive Sales and Growth Rate (2014-2018)
5.7.1.Global Medical Sales and Growth Rate (2014-2018)
5.8.1.Global Printing Sales and Growth Rate (2014-2018)
5.9.Oil & gas
5.9.1.Global Oil & gas Sales and Growth Rate (2014-2018)
5.10.1.Global Steel Sales and Growth Rate (2014-2018)
5.11.Pulp & Paper
5.11.1.Global Pulp & Paper Sales and Growth Rate (2014-2018)
5.12.Other Applications
5.12.1.Global Other Applications Sales and Growth Rate (2014-2018)
To be Continued…

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Technology Outlook and Trend Analysis:
The technologies covered in the report scope incorporate flame, high velocity, cold, electric arc, oxy-fuel, plasma, detonation gun, and shrouded plasma-arc spray coatings. Plasma is foreseen to be the biggest developing innovation portion, slated to develop tremendously over the estimate time frame. Quick industrialization and foundation advancement is anticipated to drive bearing area over the conjecture time frame.

Application Outlook and Trend Analysis:
Aerospace was the biggest application portion, representing 34.2% of global income share in 2016. Various aeronautic segments require hard, wear resistant coatings that can withstand temperatures of up to 850°C. Extension of the aerospace area, especially civil aviation in India and China by virtue of discretionary income of shoppers, is anticipated to positively affect the product business over the estimate years. Industrial gas turbine (IGT) was the second-biggest application portion in 2016.

The Thermal Spray Coatings Market is segmented a follows-
By Product:


By Technology:
Flame spray
Cold spray
Plasma spray
Electric arc spray

By Application:
Electric arc spray
Oil & gas
Pulp & Paper

Competitive Insights:
The leading players in the market are ASB Industries Inc, Metallisation Ltd, TST Coatings Inc, The Welding Institute, Flame Spray Coating Co, Precision Coatings Inc, Metallizing Equipment Company Private Limited and Praxair Surface Technologies.

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