Report Highlights
Thermal Spray Coatings Market Insights
Thermal Spray Coatings Market was valued at USD 7.37 Billion in 2020 and is projected to reach USD 12.52 Billion by 2028, growing at a CAGR of 6.85% from 2021 to 2028.
The Thermal Spray Coatings Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Thermal Spray Coatings Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global Thermal Spray Coatings Overview
A primary driver of growth for the Global Thermal Spray Coatings Market is its extensive use in the automotive industry. Thermal Coatings are used to coat a lot of automotive constituents such as crankshafts, brake discs, oxygen sensors, shifters, exhaust pipes, turbochargers, cylinder rings, piston rings and a number of other components. Moreover, cost savings can also be achieved on automotive if a cost-efficient base is deployed with an advanced technology coating on it.
This report provides an all-inclusive environment for the analysis of the Thermal Spray Coatings Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Thermal Spray Coatings Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Thermal Spray Coatings Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Thermal Spray Coatings Market.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2020 |
| Forecast period considered | 2021-2028 |
| Base year market size | 7.37 $ Billion in 2020 |
| Market size forecast | 12.52 $ Billion by 2028 |
| Growth rate | 6.85% |
| Units considered | $ Billion |
| Segments covered | By Technology, By Product, By Application, By Process, By Geography |
| Industry covered | Chemical & Material |
| Companies studied |
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Global Thermal Spray Coatings: Segmentation Analysis
The Global Thermal Spray Coatings Market is segmented on the basis of Technology, Product, Application, Process, And Geography.
Key Players In Thermal Spray Coatings Market
The Global Thermal Spray Coatings Market study report will provide valuable insight with an emphasis on the global market. The major players in the market are Oerlikon Balzers Coating USA, Turbocoating Spa, Lincotek Surface Solutions, Saint-Gobain S.A., Progressive Surface, Inc., American Roller Company, LLC, Praxair Surface Technologies, Inc., H.C. Starck, Inc., Wall Colmonoy Corp., Powder Alloy Corp., among others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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