Market Overview:
The global thermal spray products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermal spray products in various end-use industries, such as construction, aerospace, automotive, oil & gas and electronics. Thermal spray wires are the most commonly used type of thermal spray product and are expected to witness high growth during the forecast period. Asia Pacific is expected to be the fastest growing region in this market due to rapid industrialization and rising demand for thermal spray products from end-use industries in this region.
Product Definition:
Thermal Spray Products are coatings that are applied to a surface using heat and pressure. These products can be used to protect surfaces from corrosion, wear, and other types of damage. Thermal Spray Products can also be used to improve the appearance of a surface or to increase its functionality.
Thermal Spray Wires:
Thermal spray wires are thin metallic wires that are coated with a layer of molten metal. The wire is passed through the liquid at a very high speed and then it is allowed to cool down. The coating on the wire acts as an excellent heat conductor and allows maximum heating of the liquid which causes it to expand in all directions simultaneously.
Thermal Spray Powders:
Thermal spray powders are used in thermal spray products for coating and printing on different materials. These powders comprise of metal oxides such as alumina, silica, and titania which have high melting points. The powder is heated to a molten state which can be applied to the material by means of thermal spraying.
Application Insights:
The construction application segment led the global thermal spray products market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific region, such as China, India and Japan. In addition, factors such as rapid urbanization along with rising housing needs are expected to drive product demand for construction applications over the coming years.
The automotive sector is also anticipated to witness significant growth owing to increasing vehicle production levels worldwide coupled with rising consumer disposable income levels in developing countries including China and India. In addition, growing investments by foreign players are expected to boost industry expansion further over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing construction activities in the region. The growth can be attributed to various government initiatives such as “Make in Indiaâ€, which is likely to create opportunities for thermal spray products over the forecast period.
The aerospace industry in Europe has witnessed significant growth over the past few years on account of rising passenger traffic and low fares offered by airlines operating within Europe as well as across its airspace.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for thermal spray products as a coating to improve the durability and performance of components.
- Growing demand for thermal spray coatings in the construction industry to protect metal surfaces from corrosion and wear.
- Rising popularity of thermal spraying as a surface treatment method for medical implants and prostheses to improve their biocompatibility.
- Increasing use of thermal spray coatings in power generation plants to reduce heat loss and extend component life-span .
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Spray Products Market Research Report
By Type
Thermal Spray Wires, Thermal Spray Powders, Other
By Application
Construction, Aerospace, Automotive, Oil & Gas, Electronics, Others
By Companies
ASM International, Zircotec, APS Materials, Flame Spray Technologies, BryCoat, Accuwright Industries, Saint-Gobain, HFW Industries, Oerlikon Metco, H.C. Starck, ASM International, Thermal Spray Technologies, Treibacher Industrie, ASB Industries, Associated Thermal Spray, Rauschert, A&A Coatings, Sandvik Materials Technology, Inovati, Montreal Carbide, AIM MRO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Spray Products Market Report Segments:
The global Thermal Spray Products market is segmented on the basis of:
Types
Thermal Spray Wires, Thermal Spray Powders, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Aerospace, Automotive, Oil & Gas, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ASM International
- Zircotec
- APS Materials
- Flame Spray Technologies
- BryCoat
- Accuwright Industries
- Saint-Gobain
- HFW Industries
- Oerlikon Metco
- H.C. Starck
- ASM International
- Thermal Spray Technologies
- Treibacher Industrie
- ASB Industries
- Associated Thermal Spray
- Rauschert
- A&A Coatings
- Sandvik Materials Technology
- Inovati
- Montreal Carbide
- AIM MRO
Highlights of The Thermal Spray Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Spray Wires
- Thermal Spray Powders
- Other
- By Application:
- Construction
- Aerospace
- Automotive
- Oil & Gas
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermal Spray Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermal spray products are a type of coating that use heat to create a thin, uniform layer on the surface of an object. The coating is made up of tiny droplets that evaporate quickly, leaving a smooth finish.
Some of the major players in the thermal spray products market are ASM International, Zircotec, APS Materials, Flame Spray Technologies, BryCoat, Accuwright Industries, Saint-Gobain, HFW Industries, Oerlikon Metco, H.C. Starck, ASM International, Thermal Spray Technologies, Treibacher Industrie, ASB Industries, Associated Thermal Spray, Rauschert, A&A Coatings, Sandvik Materials Technology, Inovati, Montreal Carbide, AIM MRO.
The thermal spray products market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Spray Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thermal Spray Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Spray Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thermal Spray Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thermal Spray Products Market Size & Forecast, 2018-2028
4.5.1 Thermal Spray Products Market Size and Y-o-Y Growth
4.5.2 Thermal Spray Products Market Absolute $ Opportunity
Chapter 5 Global Thermal Spray Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Thermal Spray Products Market Size Forecast by Type
5.2.1 Thermal Spray Wires
5.2.2 Thermal Spray Powders
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal Spray Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Thermal Spray Products Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Aerospace
6.2.3 Automotive
6.2.4 Oil & Gas
6.2.5 Electronics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Spray Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermal Spray Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Thermal Spray Products Analysis and Forecast
9.1 Introduction
9.2 North America Thermal Spray Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Thermal Spray Products Market Size Forecast by Type
9.6.1 Thermal Spray Wires
9.6.2 Thermal Spray Powders
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Thermal Spray Products Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Aerospace
9.10.3 Automotive
9.10.4 Oil & Gas
9.10.5 Electronics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Thermal Spray Products Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal Spray Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Thermal Spray Products Market Size Forecast by Type
10.6.1 Thermal Spray Wires
10.6.2 Thermal Spray Powders
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Thermal Spray Products Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Aerospace
10.10.3 Automotive
10.10.4 Oil & Gas
10.10.5 Electronics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Thermal Spray Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal Spray Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Thermal Spray Products Market Size Forecast by Type
11.6.1 Thermal Spray Wires
11.6.2 Thermal Spray Powders
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Thermal Spray Products Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Aerospace
11.10.3 Automotive
11.10.4 Oil & Gas
11.10.5 Electronics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Thermal Spray Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal Spray Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Thermal Spray Products Market Size Forecast by Type
12.6.1 Thermal Spray Wires
12.6.2 Thermal Spray Powders
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Thermal Spray Products Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Aerospace
12.10.3 Automotive
12.10.4 Oil & Gas
12.10.5 Electronics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Thermal Spray Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal Spray Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Thermal Spray Products Market Size Forecast by Type
13.6.1 Thermal Spray Wires
13.6.2 Thermal Spray Powders
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Thermal Spray Products Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Aerospace
13.10.3 Automotive
13.10.4 Oil & Gas
13.10.5 Electronics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermal Spray Products Market: Competitive Dashboard
14.2 Global Thermal Spray Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASM International
14.3.2 Zircotec
14.3.3 APS Materials
14.3.4 Flame Spray Technologies
14.3.5 BryCoat
14.3.6 Accuwright Industries
14.3.7 Saint-Gobain
14.3.8 HFW Industries
14.3.9 Oerlikon Metco
14.3.10 H.C. Starck
14.3.11 ASM International
14.3.12 Thermal Spray Technologies
14.3.13 Treibacher Industrie
14.3.14 ASB Industries
14.3.15 Associated Thermal Spray
14.3.16 Rauschert
14.3.17 A&A Coatings
14.3.18 Sandvik Materials Technology
14.3.19 Inovati
14.3.20 Montreal Carbide
14.3.21 AIM MRO
