Direct Thermal Inks & Coating Market Size, Share, Regional Overview and Global Forecast to 2028

"Trending News:Thermal Insulation Coating Market Report is Booming Globally by Top Leading Players"According to a new report published by Polaris Market Research the worldwide thermal insulation coating market is anticipated to reach around USD 13,189 million by 2026.

In 2017, Asia-Pacific accounted for the majority share in the global thermal insulation coating market.The rapid growth in the manufacturing, construction, and automotive sectors majorly drives the growth of this market.

Increasing awareness regarding construction of green and energy efficient buildings would accelerate the adoption of thermal insulation coatings.

New emerging markets, and technological advancements would provide growth opportunities for thermal insulation coating market in the coming years.Asia-pacific is expected to dominate the global thermal insulation coating market during the forecast period.

A significant growth in the manufacturing, automotive, and construction sectors has been registered over the past few years in China, India, and Japan, thereby driving the growth of thermal insulation coating market.

Low labor costs, easy availability of raw materials, and need to improve operational efficiency in different industries further support the market growth 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 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 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.

Thermal Barrier Coating market is segmented by region (country), players, by Type, and by Application.

Players, stakeholders, and other participants in the global Thermal Barrier Coating market will be able to gain the upper hand as they use the report as a powerful resource.

The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Thermal Barrier Coating market is segmented into:MetalIntermetallicCeramicOthersDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/60592/global-china-thermal-barrier-coating-2026-510Segment by Application, the Thermal Barrier Coating market is segmented into:AutomotiveAerospaceEnergyMachinery & EquipmentRegional and Country-level Analysis:The Thermal Barrier Coating market is analysed and market size information is provided by regions (countries).The key regions covered in the Thermal Barrier Coating market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.

It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Thermal Barrier Coating Market Share Analysis:Thermal Barrier Coating market competitive landscape provides details and data information by players.

The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.

Increasing necessity for the reduction in energy-consumption is leading to prominence of UV curable resins, especially in the contemporary coating industry.

In the inks industry, this resin is mostly applied for UV flexo, lithographic printing, overprint varnishes, screen, optical fibers, and as a part of encapsulation and potting in various electronic elements such as sensors, capacitors, connectors, switches, inductors, and relays.

Additionally, concrete, plastic coatings, scratch-resistant wood, and UV curable acrylic adhesives are some of the other important applications of UV curable resins.

In addition to this, less volatile organic compound (VOC) emission regulations and standards are strengthening the demand for low VOC coatings.

Therefore, UV curable resins are highly accepted as they provide low thermal stressing on substrates, high scratch, and chemical resistance, and decrease the use of VOC.The global UV curable resins & formulated products market size was evaluated at $4.1 billion in 2018, set to grow with a CAGR of 10% throughout the forecast period 2019-2025.The Predominance of Coatings Application in the UV Curable Resins & Formulated Products Market:  Epoxy acrylates, polyester acrylates, aliphatic urethane acrylate, and aromatic urethane acrylate are the key acrylate oligomers in use today.

The growing prevalence of wood & paper, plastic, and metal coating application is leading to growth of the UV curable resins market size.

Rising awareness about the environmental impact of prominent coating processes such as hard chrome plating has favoured the adoption of thermal spray coatings in several end-user industries. By 2016, the value of the global thermal spray coatings market is predicted to reach US$ 7,983.1 Mn, registering a y-o-y growth of 5.6% over 2015.

During the forecast period 2016-2024, environmental concerns related to coating processes will continue necessitating the use of alternative thermal spray coatings owing to their lowered carbon footprint. Research Report Insights (RRI) provides key perceptions on the global market for thermal spray coatings in its report titled “Global Market Study on Thermal Spray Coatings: Industry Analysis and Forecast, 2016–2024”. 

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The growth of the global thermal spray coatings is mainly characterised by the stimulated replacements of hard chrome plating with high-velocity oxy-fuel (HVOF) method in the aerospace and power generation industries. Moreover, the adoption of thermal spray coatings is likely to gain traction in global healthcare sector as titanium and hydroxyapatite coatings are being widely used to add protective enamel on biomedical implants. However, the in-line or line-of-sight coating restriction limits the use of thermal spray coatings in processes that require covering adjacent areas. The growth of the global market is also expected to be restrained by the high cost of thermal spray coatings while adjusting to complex geometries and automation processes.

Based on the material types, the use of ceramics will continue to exhibit dominance in terms of market value. However, the collective use of metal, alloys and carbides in thermal spray coatings in 2016 is forecasted to account for more than 50% of the global market share.

Based on the type of coating processes, the segment for cold spray coatings will procure higher growth and register a double-digit CAGR. The growth of cold spray segment is accredited to its extensive use in layering a wide range materials on temperature-sensitive as well as several other types of substrate materials. In 2016 and beyond, global leaders in aircraft manufacturing will continue replacing the hard chromium plating process with HVOF coating process. As a result, the adoption of HVOF method will emerge, and account for higher share in terms of revenue.

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Based on the applications, the global market for thermal spray coatings will witness a major contribution by aerospace industries. By end of the forecast period, the aerospace segment will account for over 35% of value share and be valued at an estimated US$ 4.7 Bn. The use of thermal spray coatings in industrial gas turbines will increase considerably, and be recorded as one of the fastest growing segment in the global market.

Growth of the global thermal spray coatings market will be mainly concentrated in North America and Europe. These regions will collectively remain dominant during the forecast period, accounting more than 50% of the global market value. The thermal spray coatings market in Asia Pacific will also demonstrate significant growth and emerge as one amongst the leading regions in the global market.

The key players in the global market for thermal spray coatings include Curtis-Wright Corporation, Abakan Inc., Metallisation Ltd., Bodycote Plc., Sulzer Ltd., Praxiar Ltd., Thermal Spray Technologies Inc., Oerlikon Group and ASB Industries, Inc.

In terms of market value, the global thermal spray coatings market is projected to expand at a 5.9% CAGR during the forecast period. Cold spray and HVOF coating processes are likely to increase at higher CAGRs, owing to their rapid adoption in aerospace industries.

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Allied Market Research published a new report, titled, ” Thermal Barrier Coating Market: Global Opportunity Analysis and Industry Forecast, 2020–2027.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.The report offers key drivers that propel the growth in the global thermal barrier coatingarket.

Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/7926 The research offers a detailed segmentation of the global thermal barrier coating market.

Extensive analysis of sales, revenue, growth rate, and market share of each Type, Application, Industry Vertical for the historic period and the forecast period is offered with the help of tables.The market is analyzed based on regions and competitive landscape in each region is mentioned.

These insights help to devise strategies and create new opportunities to achieve exceptional results.The research offers an extensive analysis of key players active in the global thermal barrier coating industry.