Report Overview

The report provides market estimates for base year 2019 and a yearly forecast to 2027 in terms of revenue (USD Billion) unless stated otherwise. Market for each segment has been provided on a global and regional for the above-mentioned forecast period.

COVID-19 Impact

COVID-19 is a new strain of corona-virus that has not been previously identified in humans. Corona-viruses (CoV) are a family of RNA (ribonucleic acid) viruses. COVID-19 started in Asia and is now spreading over the rest of the world via person-to-person contact and community spread. COVID-19 pandemic may have a potential impact on Global Market.

Thermal spray coatings are applied to change the surface properties of substances and protect them from degradation. Thermal spray coatings provide the substrate with wear resistance, friction control, corrosion resistance, protection against heat, and dimensional restoration. The thermal spray coating is applied to metal substrates and the process is known by a different name that includes spray welding, plasma spray, High-Velocity Oxygen Fuel (HVOF), and flame spray. Thermal spray coating technology is used on a vast range of components of rotating and moving parts of machines such as automobile engines, aerospace turbine, and machine tools, which operate in adverse environments where, erosion, wear, corrosion, or heat leads to decrease in component life. The material utilized for coating is in the form of a wire or powder. It is heated to melt it into tiny droplets and then sprayed onto the surface of the substrate. Any material that melts without decomposing can be used as coating materials for thermal spray coatings.

Report Includes

• The report provides a basic overview of the industry including definitions, classifications and industry chain structure. The report analyzes and forecast the market size in terms of volume and value.
• A brief overview of the commercial potential of products, technologies and applications.
• Discussion of the current state, setbacks, innovations, and the future needs of the market.
• Detailed discussion regarding impact of product on demand.
• Up-to-date analyses of market trends and technological improvements in the market
• Examination of the market by application and by product sizes; utility scale, medium scale and small scale.
• Company profiles of leading market participants dealing in products category and comprehensively analyze their market rankings and core competencies.
• The report focuses on detailed profile of major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue, SWOT Analysis, recent development and contact information.
• Market segments on the basis of type, application, end users, region and others.
• Country specific data and analysis for United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Indonesia, Malaysia, Netherlands, Norway, Italy, Brazil, Argentina, Mexico, South Africa and 54 other countries.
• Coverage of historical overview, key industrial development, competitive developments (such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market) and regulatory framework.
• A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
• 45 data tables and 28 additional tables.

Scope of the report

• The scope of the report covers the clear understanding and overview of the product.
• Analysis of market trends in the region, with market data considering 2019 as the base year, 2020 as the estimate year and forecast for 2027 with projection of CAGR from 2020 to 2027.
• The report covers discussion of economic trends and technology.
• It also explains the major drivers and current trends within the particular sector.
• Discusses trends within the market and provides a future outlook.
• Reviews business activities of market leaders.
• This report provides a quantitative analysis of the current trends, estimations, and dynamics.
• In-depth analysis of the market segmentation assists in determining the prevailing market scope.
• The key countries in all the major regions are mapped on the basis of their market share.

Trend and Development

• In 2019, aerospace application segment held the largest share of the global thermal spray coating market. Product properties, such as wear and corrosion protection, low toxic gas emissions, and thickness capability are expected to fuel the segment growth. Rapid expansion of the aerospace sector, particularly civil aviation in India and China, on account of increasing disposable income levels, is expected to have a positive impact on the segment growth over the forecast period.
• In June 2018, H.C. Starck launched molybdenum thermal spray powders, which are spherical in shape and are designed for maximum flowability. These thermal spray powders are technologically advanced and are used for coating large areas to small metal components that are prone to corrosion and erosion.
• Thermal spray coatings can be applied by various methods, which include flame Spray, electric-arc spray, plasma spray, spray and fuse, detonation gun and HVOF (high velocity oxy fuel).
• Some health, safety, and environmental concerns that are associated with thermal spray coatings market include dust, fumes, and noise. Careful usage of the thermal spray coating technique can help reduce the hazards associated with it. Thermal spray coating has low emission of toxic gases and hence, is being widely adopted over hard chrome coatings. Moreover, thermal spray coatings are biocompatible, cavitation resistant, and offer good aesthetic appearance. Thermal spray coatings can also be employed to restore damaged or worn out surfaces.
• Thermal spray coatings are compatible with different medical devices and biomedical implants used in the healthcare industry. These coatings offer good dielectric insulation to medical instruments and provide electromagnetic shielding to prevent interference caused to sensitive equipment. The coatings are also biocompatible and help in controlled bioactivities, thus making them suitable for biological implants. Porous, bio-active coating materials are also able to interact with bone tissues and assist in promoting bone growth.
• Major applications of thermal spray coatings in the healthcare industry include biomedical implants for femoral stems, knees, elbows, spines, and acetabular caps. There is a growing demand for different thermal spray coatings in various medical applications, and the medical coatings market is expected to reach about USD 15.16 billion by 2021. Thus, the rising demand from the healthcare industry is expected to drive the market for thermal spray coatings during the forecast period.

Segments covered in the reports

• On the Basis of Region: North America, Europe, Asia-Pacific and LAMEA.
• On the Basis of Countries: United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada,Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Italy, Brazil, Argentina, Mexico, South Africa and 54 other countries.
• On the Basis of Material:Ceramic Oxides,Metals & Alloys (Intermetallics), Polymers, Carbides, Abradables and Others (Composites and Polymers).
  
• On the Basis of Process:Combustion Flame and Electrical.
  
• On the Basis of Technology: Cold spray, Flame spray, Plasma spray, High Velocity Oxy Fuel(HVOF) and Electric arc spray.
  
• On the Basis of On End Users: Aerospace, Automotive, Healthcare, Agricultural Machinery, Energy & Power, Electronics, Industrial Gas turbines and Others (Food Processing, Defense, and Printing)

The key market players comprise:

Praxair Surface Technologies, Inc,  BodyCote, Oerlikon Metco , Surface Technology, H.C Starck GmbH, F.W. Gartner Thermal Spraying , Flame Spray SpA, Arc Spray (Pty) Ltd, Metallisation Limited, Plasma-Tec, Inc., C&M Technologies GmbH, ASB Industries, AMETEK Inc., A & A Coatings, Plasma-Tec, Thermion Inc., Air Products and Chemicals, Inc., Bodycote PLC, Saint-Gobain, Sandvik AB , Sulzer Ltd, H.C. Starck GmbH, Flame Spray SpA, BryCoat Inc., Cincinnati Thermal Spray Inc., MesoCoat, Thermal Spray Technologies, Inc. (tst) and Others.

Report coverage

• Recent Trend and Developments: The major players operating in the global market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market.
• Key Market Players: Key players list and Key companies profiled in this market include.
• Revenue forecast, company share, competitive landscape and growth factors.

Objectives of the study

To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the respective market. To analyze the competitive intelligence of players based on company profiles and their key growth strategies. To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total respective market. To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the respective market. A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note –

• Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
• Also, you can buy some selected Chapters from the report.

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