Booming Automobile Manufacturing Fueling Demand for Thermal Spray Materials

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 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.Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/thermal-spray-coatings-marketThe global thermal spray coatings market size is projected to be worth USD 15.01 billion by 2025.

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.

Global Thermal Spray Coatings Market was valued at US$ 8.70 Bn in 2017 and is expected to reach US$ 15.10 Bn by 2026, at a CAGR of 7.2 % during a forecast period.Global Thermal Spray Coatings Market, by RegionThe objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.

The report also helps in understanding thermal spray coatings market dynamics, structure by identifying and analyzing the market segments by Technology, Materials, Application, and Region and, project the global market size.

Further, report also focus on competitive analysis of key players by Materials, price, financial position, Materials portfolio, growth strategies and regional presence.

The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.

Materials are melted into a rod, wire, or powder form.

Thermal spray are used in a wide range of application sector owing to the growing need for efficient and durable coatings in wide range of industries.

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Thermal Spray Coatings market during the historical period of 2014 – 2018.

The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2029.The global thermal spray coatings market will grow at an impressive 6.5% CAGR during the forecast period (2019-2029).

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Thermal Spray Coatings market, both at global and regional levels.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Thermal Spray Coatings market.After reading the Thermal Spray Coatings market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the Thermal Spray Coatings marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialRequest for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=4677The Thermal Spray Coatings market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.

Key regions covered comprise:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The evaluation of the competitive landscape in the Thermal Spray Coatings market covers the profile of the following top players:Praxair Surface Technologies, Inc., Höganäs AB, H.C. Starck Inc., Castolin Eutectic, Wall Colmonoy Corporation, Powder Alloy Corporation, Saint-Gobain S.A., Carpenter Technology Corporation and others.To expand the understanding of opportunities in the global Thermal Spray Coatings market report looks at close quarters into the opportunities and new avenues in following key segments:AerospaceIndustrial Gas TurbineAutomotiveMedicalPrintingOil & gasSteelPulp & PaperOthersIn addition to understanding the demand patterns of various end users, the report on the Thermal Spray Coatings market also enumerates trends expected to attract investments by other various associated industries.On the basis of product types, the Thermal Spray Coatings market report offers insight into major adoption trends for the following segments:CeramicsIntermetallicPolymersCarbidesAbradablesOthersBy TechnologyPlasma sprayFlame sprayHVOFElectric arc sprayCold SprayOthersThe global Thermal Spray Coatings market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.

In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.For More Detailed Information about Methodology @ https://www.factmr.com/connectus/sample?flag=RM_id=4677Some important questions that the Thermal Spray Coatings market report tries to answer exhaustively are:Key strategic moves by various players in the Thermal Spray Coatings market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.Which strategies will enable top players in the Thermal Spray Coatings market to expand their geographic footprints?Which new business models are expected to change the course of growth of key regional markets in near future?Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?Which products segments have in recent years have seen new, lucrative application areas?Blog: https://currentmarketnewsblog.wordpress.com/Media Release: https://www.factmr.com/media-release/1431/global-thermal-spray-coatings-market

Thermal spray coating Market involves a process in which molten metal is sprayed onto a surface.

It is a cost-efficient way to increase the durability and sustainability of a product.

The market for thermal spray coatings is influenced by the growing aerospace industry and the usage of thermal spray coatings mainly for the components, such as jet engine components, turbine blades, and landing gears, among others.

We have included all the segment of this market in our market research report.

The global thermal spray coatings market size  is expected to showcase an exponential growth by reaching USD 17,631.2 million by 2027.

This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe.

Fortune Business Insights, in its latest report, titled, “Thermal Spray Coatings Market Size, Share & Industry Analysis, By Material (Ceramic, Metal & Alloy, Polymer, Intermetallic, and Others), By Technology (Flame Spray, High-Velocity Oxygen Fuel (HVOF) Spray, Electric Arc Spray, Plasma Spray, Cold Spray, and Others), By Application (Aerospace, Industrial Gas Turbine, Automotive, Medical, Paper & Printing, Oil & Gas, Steel, and Others), and Regional Forecast, 2020-2027.”, observes that the market stood at USD 10,235.2 million in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027.The Report IncludeThe market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth.

In addition to this, the report provides insights into the regional analysis.

It includes the competitive landscape that involves leading companies and novel products as well as major collaborations.

The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

“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.Request Sample Copy of This Research Report: https://adroitmarketresearch.com/contacts/request-sample/672Thermal 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 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.

Expansion of these industries is projected to offer favorable growth opportunities for the Global Thermal Spray Coatings Market over the next few years.

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.

According to the latest report by IMARC Group “Thermal Spray Coating Market Trends: Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global thermal spray coating market exhibited moderate growth during 2015-2020.

Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.Thermal spray coating is an industrial process to apply coating on materials for enhancing the thermal barrier properties of the surface.

The process involves the use of a source of heat and powder coating substances that are melted and sprayed on the material surface at high velocity.

This process is widely utilized in the production of moving and rotating parts of machines, such as ships, pumps, electric motors, aerospace turbine systems and quarrying machinery, as it aids in improving the friction while extending the life span of the machine.Request for a free sample copy of this report: https://www.imarcgroup.com/thermal-spray-coating-market/requestsampleNote: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.

Moreover, the rising usage of thermal spray coating in aerospace and automotive industries to coat engine turbine blades, piston, and synchronizer rings in order to provide a protective layer from extreme temperature changes is creating a positive outlook for the market.

Along with this, it is also used as a preferred alternative to electroplating and ion implantation as the process is relatively less toxic and provides excellent corrosion resistance.

The global thermal spray coatings market is expected to reach USD 17.21 billion by 2027, at a CAGR of 6.9% from 2020 to 2027, according to a report published by Radiant Insights, Inc. Increasing demand from the aerospace, industrial gas turbines, and a few other application industries is expected to propel the growth.

Moreover, growing demand for corrosion-resistant coatings from these sectors is expected to be a key driver for the market.

Thermal spraying is used to improve or restore the surface of a solid material.

It can also be used for applying coatings to a wide range of components and materials for better resistance against cavitation, wear, abrasion erosion, and heat.

In addition, it is used for providing insulation or electrical conductivity, chemical resistance, lubricity, sacrificial wear, high or low friction, and several other properties to coated surfaces.

Increasing oil and gas exploration activities, particularly in Asia Pacific, coupled with upcoming shale gas explorations across the globe are expected to fuel the demand further.