Thermal Spray Coatings Market 2023 Trend, Size and Growth Analysis Report
Global Thermal Spray Coatings Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Thermal Spray Coatings Market is estimated to be US$ 9.9 Billion in 2018 and is projected to reach US$ 13.7 Billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of the aerospace, automotive, and healthcare industries is driving the demand for thermal spray coatings.
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The Thermal Spray Coatings Market comprises several stakeholders such as raw material suppliers, end product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the developments in the aerospace, automotive, healthcare, energy & power, and other end-use industries. The supply side is characterized by market consolidation activities undertaken by water filter producers.
The Asia Pacific thermal spray coatings market is projected to grow at the highest CAGR between 2018 and 2023. This growth can beat tributed to the growing population, increasing urbanization &modernization, increasing personal disposable income, and growth of various end-use industries such as aerospace and automotive.
The Study Objectives of this report are:
- To forecast the size of the market with respect to 5 regions, namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, along with their key countries
- To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
- To analyze and forecast the size of the thermal spray coatings industry in terms of value
- To analyze competitive developments, such as acquisitions, new product launches, and expansions in the market
- To profile the key players and comprehensively analyze their market share and core competencies
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Top Key Players in the “Thermal Spray Coatings Market” include are
- Praxair Surface Technologies Inc (US)
- BodyCote (UK)
- Oerlikon Metco (Switzerland)
- Surface Technology (UK)
- H.C Starck GmbH(Germany)
- F.W. Gartner Thermal Spraying (US)
- Arc Spray (Pty) Ltd (South Africa)
- Metallisation Limited (UK)
- Plasma-Tec Inc. (US)
- C&M Technologies GmbH (Germany)
- AMETEK Inc. (US)
- Flame Spray SpA (Italy)
- BryCoat Inc. (US)
- Thermal Spray Technologies Inc.(tst) (US)
Research Coverage:
The report covers the thermal spray coatings market on the basis of material, process, end-use industry, and region. This report aims at estimating the size and future growth potential of the thermal spray coatings industry across various segmentation types. The report also includes an in-depth competitive analysis of the key market players along with their profiles and key growth strategies.
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