The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest market for the global thermal spray coatings market, with a 32.67% share of the market revenue in 2022. This share is due to the growing demand for high-performance coatings to enhance the product's performance. This region has a high demand for such coatings, particularly for the aerospace sector, as there is a presence of leading aerospace manufacturers and their requirement for corrosion-resistant, lightweight and high-performance coatings. This region has substantial potential for thermal spray coatings due to its extensive industrial bases. There is a surge in the consumption of industrial and commercial engineered products and components as they are majorly required for the automotive and aerospace sectors. Also, recent trends suggest that the North American region is among the most potential investment hubs for the aerospace sector. All these factors eventually propel the growth of the thermal spray coatings market in the region.
North America Region Thermal Spray Coatings Market Share in 2022 - 32.67%
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The product segment is divided into metals, ceramics, polymers, intermetallics, abradables, carbides and others. The ceramics segment dominated the market, with a market share of around 30.12% in 2022. Ceramics coating has excellent insulation properties. Hence, they are broadly used in applications where the minimization of electrical conductivity or insulation is required. For instance, circuit boards, electrical components and high-voltage insulators. Most of the generally thermally sprayed ceramics are metallic oxides like stabilized ZrO2, Al2O3, TiO2, Cr2O3 and MgO, among others.
The technology segment is divided into flame spray, plasma spray, cold spray, electric arc spray and others. The plasma spray segment dominated the market, with a market share of around 33.45% in 2022. This significant share is due to various applications on myriad materials and surfaces. It offers wear resistance, electrical conductivity, heat & oxidation resistance and clearance control to the substrate surface. This process is broadly used in gas turbines, oil & gas machinery, and printing rolls, among others.
The application segment is divided into aerospace, automotive, medical, oil & gas, steel and others. The aerospace segment dominated the market, with a market share of around 31.33% in 2022. This market share is attributed to its broad application in aircraft engines, aerospace structures, turbine blades and defence equipment. It helps in the reduction of weight, improvement in performance and enhancement in durability.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing demand in the aerospace sector
5.3. Restraints
5.3.1. Lack of awareness
5.4. Opportunities
5.4.1. Innovation in technology
5.5. Challenges
5.5.1. Economic slowdown
6. Global Thermal Spray Coatings Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Metals
6.3. Ceramics
6.4. Polymers
6.5. Intermetallics
6.6. Abradables
6.7. Carbides
6.8. Others
7. Global Thermal Spray Coatings Market Analysis and Forecast, By Technology
7.1. Segment Overview
7.2. Flame Spray
7.3. Plasma Spray
7.4. Cold Spray
7.5. Electric Arc Spray
7.6. Others
8. Global Thermal Spray Coatings Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Aerospace
8.3. Automotive
8.4. Medical
8.5. Oil & Gas
8.6. Steel
8.7. Others
9. Global Thermal Spray Coatings Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Thermal Spray Coatings Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Thermal Spray Coatings Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Carpenter Technology Corp.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Saint-Gobain S.A.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Praxair Surface Technologies, Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Höganäs AB
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Powder Alloy Corp.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Castolin Eutectic
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. H.C. Starck Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Fujimi Incorporated
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Durum Verschleiss-Schutz GmbH
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Wall Colmonoy Corp.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
2. Global Metals, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
3. Global Ceramics, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
4. Global Polymers, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
5. Global Intermetallics, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
6. Global Abradables, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
7. Global Carbides, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
8. Global Others, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
9. Global Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
10. Global Flame Spray, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
11. Global Plasma Spray, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
12. Global Cold Spray, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
13. Global Electric Arc Spray, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
14. Global Others, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
15. Global Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
16. Global Aerospace, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
17. Global Automotive, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
18. Global Medical, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
19. Global Oil & Gas, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
20. Global Steel, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
21. Global Others, Thermal Spray Coatings Market, By Region, 2019-2032 (USD Billion)
22. North America Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
23. North America Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
24. North America Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
25. U.S. Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
26. U.S. Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
27. U.S. Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
28. Canada Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
29. Canada Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
30. Canada Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
31. Mexico Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
32. Mexico Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
33. Mexico Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
34. Europe Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
35. Europe Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
36. Europe Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
37. Germany Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
38. Germany Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
39. Germany Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
40. France Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
41. France Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
42. France Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
43. U.K. Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
44. U.K. Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
45. U.K. Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
46. Italy Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
47. Italy Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
48. Italy Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
49. Spain Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
50. Spain Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
51. Spain Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
52. Asia Pacific Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
53. Asia Pacific Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
54. Asia Pacific Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
55. Japan Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
56. Japan Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
57. Japan Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
58. China Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
59. China Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
60. China Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
61. India Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
62. India Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
63. India Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
64. South America Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
65. South America Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
66. South America Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
67. Brazil Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
68. Brazil Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
69. Brazil Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
70. Middle East and Africa Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
71. Middle East and Africa Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
72. Middle East and Africa Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
73. UAE Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
74. UAE Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
75. UAE Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
76. South Africa Thermal Spray Coatings Market, By Product, 2019-2032 (USD Billion)
77. South Africa Thermal Spray Coatings Market, By Technology, 2019-2032 (USD Billion)
78. South Africa Thermal Spray Coatings Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. Global Thermal Spray Coatings Market Segmentation
2. Global Thermal Spray Coatings Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Thermal Spray Coatings Market Attractiveness Analysis By Product
9. Global Thermal Spray Coatings Market Attractiveness Analysis By Technology
10. Global Thermal Spray Coatings Market Attractiveness Analysis By Application
11. Global Thermal Spray Coatings Market Attractiveness Analysis By Region
12. Global Thermal Spray Coatings Market: Dynamics
13. Global Thermal Spray Coatings Market Share By Product (2023 & 2032)
14. Global Thermal Spray Coatings Market Share By Technology (2023 & 2032)
15. Global Thermal Spray Coatings Market Share By Application (2023 & 2032)
16. Global Thermal Spray Coatings Market Share By Regions (2023 & 2032)
17. Global Thermal Spray Coatings Market Share By Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global thermal spray coatings market based on below mentioned segments:
Global Thermal Spray Coatings Market by Product:
Global Thermal Spray Coatings Market by Technology:
Global Thermal Spray Coatings Market by Application:
Global Thermal Spray Coatings by Region:
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