Increasing application scope, owing to advantages such as wear and corrosion protection, low toxic gas emissions, thickness capability and electrical resistance is expected to fuel thermal spray coating market growth. Key applications include aerospace precision parts, automotive, medical instruments and industrial gas turbines. Use of these coating for biomedical and medical instruments to improve wear resistance and boost biocompatibility of prosthetics and dental implants is expected to augment growth.
The Global Thermal Spray Coatings Market size is expected to reach USD 14.99 billion by 2025, according to a new report by Grand View Research, Inc.
Rising application scope of gas turbines in ships, locomotives, tanks, helicopters and motorcycles is expected to augment thermal spray coating market over the forecast period. Polymer and metal thermal spray coatings are employed in powdered form for industrial gas turbines blades on account of properties such as high temperature corrosion resistance.
In terms of revenue, ceramics was the largest application segment for the product market, accounting for 30.1% of the global market in 2016. Ceramics are primarily employed in biomedical industry. HVOF technology is used to spray these products on to substrates which are further used in the medical sector for the manufacturing of dental implants. Expansion of this sector is expected to have a positive impact on growth over the next seven years.
To Know More About Thermal Spray Coatings Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/thermal-spray-coatings-market
The global product market is expected to witness substantial growth over the forecast period owing to its widespread use in aerospace and automotive industries. Growing demand for corrosion resistant coatings particularly in these two sectors is expected to be a key driver for market growth. Increasing application scope in engineering coating, wear resistant coating, automotive & aerospace, biomedical, food processing, electronics, semiconductors and energy are further expected to promote demand.
Top Players of Thermal Spray Coatings Market:
Key players including Praxair Surface Technologies, Air Products & Chemicals, Cincinnati Thermal Spray, Inc., and TWI Ltd., dominated the global product market.
Market Segmentation of Thermal Spray Coatings Market:
The Global Thermal Spray Coatings Market report on the basis of, Product, Application and Technology.
By Product:
Metals
Ceramics
Intermetallics
Polymers
Carbides
Abradables
By Application:
Aerospace
Industrial Gas Turbine
Automotive
Medical
Printing
Oil & gas
Steel
Pulp & Paper
By Technology:
Coldspray
Flamespray
Plasma spray
HVOF
Electric arc spray
Inquire about Thermal Spray Coatings Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1656
The Global Thermal Spray Coatings Market size is expected to reach USD 14.99 billion by 2025, according to a new report by Grand View Research, Inc.
Rising application scope of gas turbines in ships, locomotives, tanks, helicopters and motorcycles is expected to augment thermal spray coating market over the forecast period. Polymer and metal thermal spray coatings are employed in powdered form for industrial gas turbines blades on account of properties such as high temperature corrosion resistance.
In terms of revenue, ceramics was the largest application segment for the product market, accounting for 30.1% of the global market in 2016. Ceramics are primarily employed in biomedical industry. HVOF technology is used to spray these products on to substrates which are further used in the medical sector for the manufacturing of dental implants. Expansion of this sector is expected to have a positive impact on growth over the next seven years.
To Know More About Thermal Spray Coatings Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/thermal-spray-coatings-market
The global product market is expected to witness substantial growth over the forecast period owing to its widespread use in aerospace and automotive industries. Growing demand for corrosion resistant coatings particularly in these two sectors is expected to be a key driver for market growth. Increasing application scope in engineering coating, wear resistant coating, automotive & aerospace, biomedical, food processing, electronics, semiconductors and energy are further expected to promote demand.
Top Players of Thermal Spray Coatings Market:
Key players including Praxair Surface Technologies, Air Products & Chemicals, Cincinnati Thermal Spray, Inc., and TWI Ltd., dominated the global product market.
Market Segmentation of Thermal Spray Coatings Market:
The Global Thermal Spray Coatings Market report on the basis of, Product, Application and Technology.
By Product:
Metals
Ceramics
Intermetallics
Polymers
Carbides
Abradables
By Application:
Aerospace
Industrial Gas Turbine
Automotive
Medical
Printing
Oil & gas
Steel
Pulp & Paper
By Technology:
Coldspray
Flamespray
Plasma spray
HVOF
Electric arc spray
Inquire about Thermal Spray Coatings Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1656
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