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Thermal Spray Coatings Market Analysis Insights, Growth, Application, Trends Is Thriving Worldwide by 2025

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Thermal spray coating is the technology used to reestablish or enhance the surface of solid material. However, process is used to apply coatings to various type of components and materials for cavitation, erosion, corrosion, abrasion resistance and
Adroit Market Research
Global Thermal Spray Coatings
Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
2018
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Adroit Market Research
Global Thermal Spray Coatings Market Size, Status and Forecast 2018-2025
• Adroit Market Research published a 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. Additional tools such
as Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The
market revenue forecast is provided up to 2025, with 2015 to 2017 being the historical figures and annual forecast
between 2018 and 2025. The report also includes the prevailing trends impacting the global thermal spray coatings market
size. Furthermore, the report provides an overview of the thermal spray coating equipment market.
• The global thermal spray coatings 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 industry over the next few years.
• Based on product, ceramics is projected to contribute to more than 30% of the revenues in the global thermal spray
coatings market by 2025. Rising need for high-performance ceramic coatings in various industries including aerospace &
defense, healthcare, energy, fiber-optic communications, environmental protection, and industrial goods is likely to drive
the global thermal spray coatings market size during the forecast period.
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Adroit Market Research
Global Thermal Spray Coatings Market Size, Status and Forecast 2018-2025
• Ceramic coatings are inorganic, non-metallic solid and inert thin films made by deposition, heating and subsequent cooling,
which may be crystalline. Ceramic materials act as excellent electric and thermal insulators. They also have good resistance
to oxidation and wear. 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. Zirconium oxide, aluminum oxide (alumina), titanium dioxide, chrome oxide, and alumina-titania are
some of the commonly used ceramic materials that are used in surface coating processes.
• Based on application, the industrial gas turbine is projected to be the fastest growing application in the global thermal spray
coatings market with a valuation of approximately USD 3.81 billion by 2025. Industrial gas turbine components are subject
to huge mechanical loads at high temperatures while confronting the corrosion of hot gas and the erosion of aggressive air
and fuels. Special thermal sprayed coatings have been developed to protect against these damaging environments. These
coatings extend the operating life and enable higher turbine-entry-temperature (TET) to improve thermal efficiency. The
rising application of gas turbines in helicopters, ships, tanks, locomotives, and motorcycles is due to the properties of
thermal spray coatings such as protection of gas turbine components against friction, wear, and corrosion. Growing energy
needs across the globe are expected to boost the demand for high-performance engines and turbines, thereby, leading to
the growth of thermal spray coatings market. Most modern gas turbines use thermal spray coating technology to keep these
components performance.
Browse the complete report on @ https://www.adroitmarketresearch.com/industryreports/thermal-spray-coatings-market
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Global Thermal Spray Coatings Market Size, Status and Forecast 2018-2025
• North America is anticipated to hold a market share of more than 27% at the end of the forecast period. The growing
aerospace and automotive manufacturing sector are expected to fuel the demand for thermal spray coatings in the region.
According to the International Organization of Motor Vehicle Manufacturers, 1,983,745 vehicles were sold in Canada in
2016 as compared to 2,077,000 vehicles sold in 2017, which is a 4.7% increase. 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.
• The landscape of the global thermal spray coatings market is fragmented with a large number of participants. The key
players in the thermal spray coatings report include Praxair Surface Technologies, TWI Ltd., TST Engineered Coating
Solutions, Metallisation Ltd., Air Products & Chemicals, Flame Spray Coating Co., Oerlikon Metco, A&A Coatings, CurtisWright Corporation, Plasma-Tec, Inc. and White Engineering Surfaces Corporation among others.
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