Uploaded on Jun 24, 2021
Market Research Future Publish New Market Research Report On-“Thermal Spray Coatings Market 2021 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2027”
Thermal Spray Coatings Market_PPT
Thermal Spray Coatings MARKET 2020 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Thermal Spray Coatings MARKET 2020 Thermal Spray Coatings Market 2020: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Global Thermal Spray Coatings Market is projected to be valued at over USD 9.7 Billion by 2027 and exhibit a moderate CAGR of around 4.8% during the forecast period. The growth of the global thermal spray coatings market is primarily driven by the healthy growth of the aerospace industry. In the aerospace industry, the use of high-quality thermal spray coatings results in increased fuel efficiency, reduced maintenance cost, and higher speed in aircraft and rotorcraft engines, as well as other related components. Typical thermal spray coatings applications include rotor-path linings, high-pressure turbine seals, compressor seals, bearings, oil seals, crankshafts, cylinders, and piston rings. The global commercial aircraft industry is expected to witness healthy growth in the coming years. Recovery in the global gross domestic product (GDP), stable commodity prices (including crude oil), growth in passenger travel, especially in Asia-Pacific, Latin America, and the Middle East, are expected to be the key factors driving the growth of the aerospace industry during the forecast period. 2 www.marketresearchfuture.com Thermal Spray Coatings MARKET 2020 Market Segmentation: The global thermal spray coatings market, on the basis of process, is segmented into combustion flame and electrical. Combustion flame is the most commonly used thermal spray coating process accounting for a share of 69% of the global thermal spray coating market. The combustion flame process includes flame spraying, HVOC spraying, and detonation flame spraying. The flame spraying process is widely used for low-intensity applications owing to cost. HVOF (High-Velocity Oxygen Fuel) utilizes high-pressure oxygen and fuel gas; and provides a very dense coating, with low porosity and high bond strength to the metal substrate. HVOF is widely used for jet engine components, automotive components, gas turbines, and industrial machines. Based on material, the global thermal spray coating market has been segmented into metals & alloys, ceramics, polymers, and others. The metal & alloys segment accounted for the largest share of the global thermal spray coatings market in 2019. Metal & alloy coating provides cost-effective surface solutions providing corrosion and oxidation resistance, wear and erosion resistance, and enhance conductivity. The segment includes tungsten, molybdenum, rhenium, niobium, superalloys, zinc, aluminum, stainless steels, NiCr alloys, cobalt-base, Stellites, cobalt/nickel-base, Tribaloys, and NiCrBSi "self-fluxing" alloys and zinc-aluminum alloy coatings. Some of the key applications of metals & alloy coatings include diesel engine cylinder coatings; piston rings or valve stems; turbine engine blades; vanes and combustors; corrosion-prone infrastructure; mining and agricultural equipment; and petrochemical pumps and valves. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/6053 3 www.marketresearchfuture.com Thermal Spray Coatings MARKET 2020 Regional Analysis By end-user, the global thermal spray coating market has been segmented into aerospace, energy and power, automotive, healthcare, machinery, agriculture, electrical and electronics, and others. Thermal spray coatings are extensively used in the aerospace industry in gas turbine engines, air vessels, rocket exhaust cones, insulating tiles, space shuttles, windshield glass, and engine components. Increasing investment in the defense sector, improving commercial aviation networks, growth of the tourism industry, economic development, and an increase in the number of air passengers is expected to fuel aircraft production, thereby driving the demand for thermal spray coatings. Moreover, thermal spray coatings are extensively used in the aerospace industry in gas turbine engines, air vessels, rocket exhaust cones, insulating tiles, space shuttles, windshield glass, and engine components. Increasing investment in the defense sector, improving commercial aviation networks, growth of the tourism industry, economic development, and an increase in air passengers' number are expected to fuel aircraft production, thereby driving the demand for thermal spray coatings. Browse Report @ https://www.marketresearchfuture.com/reports/thermal-spray-co atings-market-6053 4 www.marketresearchfuture.com Thermal Spray Coatings MARKET 2020 Application & Major Players in this Research: Thermal Spray Coatings Market Prominent Players: MRFR has identified the following companies as the Key Players in the Global Thermal Spray Coatings Market — A&A Coatings (US), Oerlikon Group (Switzerland), BryCoat Inc. (US), Surface technology (UK), Bodycote (UK), Plasma-tec, Inc (Canada), General Magnaplate Corporation (US), ASB Industries (US), Exline, Inc (US), H. C. Starck (US), Metallisation Limited (UK), and Flame Spray Coating Company (US). Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6053 5 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2020 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 6 www.marketresearchfuture.com MARKET RETSHEANAKR YCOHU [email protected] Ph: +1-646-845-9349 (US) FUTUPh: +R44 208 E133 9349 (UK) 7 www.marketresearchfuture.com
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