The global thermal spray market is in a phase of growth and expected to grow at a robust pace until 2022. The materials segment is expected to witness the highest CAGR during the forecast period of 2017-2022. Booming end-user industries, such as refinery, petrochemical, and upstream production facilities, coupled with increasing production of aluminum based thermal sprays (TSA) coatings are contributing to high consumption of TSA coatings in Asia-Pacific.
The global thermal spray market was valued at USD 8,097.53 million in 2016 and is expected to grow to USD 12,619.48 million by 2022, recording a CAGR of 7.65% during the forecast period.
The automotive industry is poised to become an excellent growth avenue for thermal spray coatings. In turn, the industry is expected to be a major driving force for the thermal spray market .The oil & gas industry operates in very challenging environments using complex engineered equipment, often exposed to severe wear and corrosion. Based on the needs of this industry, thermal spray manufacturers developed protective coatings, specifically for the oil & gas sector. A major restraint for this market, as identified in this report, is the doubt concerning the consistency and reliability of the thermal spray and the enduring utilization of hard chrome coating.
The aerospace industry is expected to dominate the global market. Based on thermal spray coatings and finishing (process type), the market is segmented into combustion and electric energy. In 2016, the combustion segment dominated the global thermal spray market and electric energy segment witnessed the highest growth. The market has also been segmented on the basis of thermal spray equipment, into thermal spray coating systems, dust collection equipment, spray guns & nozzles, feeder equipment, spare parts, noise-reducing enclosures, and others. In 2016, the spray guns & nozzles segment dominated the global market. However, the dust collection equipment segment is expected to register the highest growth rate over the forecast period. Finally, the market is segment based on the coating materials used, into - metals, ceramics, polymers, and others. In 2016, the ceramic segment dominated the global market and is also expected to witness the highest CAGR during the forecast period.
North America dominated the thermal spray market with the highest market share and is followed by Europe, Asia-Pacific, South America, and the Middle-East & Africa. By country, the United States leads the market, followed by Germany.
The key players dominating the market are - Oerlikon Metco, H.C. Starck, Chromalogy Gas Turbine, Thermal Spray Technologies, and Praxair Surface Technologies.
Browse this report: Thermal spray market - Global analysis, current trends, and forecast until 2022
The report can answer the following:
1. The key producers of thermal spray coatings, materials, and equipment, in addition to their company profiles (market share, recent developments, financials, and strategies)
2. The technologies used and end-user applications for paints & coatings and the market share of each product and process
3. Recent developments and trends in the field of thermal spray
4. The forecast size and growth rates of the global thermal spray market for 2022
5. Key factors driving the thermal spray market
6. Key market trends impacting growth of thermal spray market
7. Key factors restraining the growth of thermal spray market
8. Future opportunities in the thermal spray market.



Study Objectives:
1. To provide a detailed analysis of the market structure, along with the forecast of various segments and sub-segments of the global thermal spray market
2. To provide insights about factors affecting the market growth. To analyze the thermal spray market based on various factors, such as supply chain analysis, Porter’s five forces analysis, etc.
3. To provide historical data and forecast revenue of the market segments and sub-segments
4. To provide country-level analysis of the market, with respect to the current market size and prospects
5. To provide country-level analysis of the market, by product type, coating type, and end-user segments, with their respective sub-segments
6. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape of the market
7. To track and analyze competitive developments, such as joint ventures, strategic alliances, mergers & acquisitions, new product developments, and R&D, in the global thermal spray market

Spanning over 270 pages, the ‘Global thermal spray market (2017 - 2022)’ report covers industry overview, analysis of drivers, restraints, and opportunities, Porter’s analysis, key companies that produce thermal spray coatings, powders, and equipment, revenue by country, volume by country, technology types and end-user applications, consumption value, key developments, and trend analysis of the market.

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