Feb 27, 2019   SOURCE: BusinessWire

Global Thermal Spray Coatings Market 2019-2023: Growth of the Aerospace, Automotive, and Healthcare Industries is Driving Market Demand - ResearchAndMarkets.com

The "Thermal Spray Coatings Market by Material (Ceramics. Metals & Alloys), Process (Combustion Flame & Electrical), End-use Industry (Aerospace, Healthcare, Automotive, Energy & Power, Electronics), Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The thermal spray coatings market is estimated to be USD 9.9 billion in 2018 and is projected to reach USD 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.

The ceramics segment is expected to be the fastest-growing segment of the thermal spray coatings market during the forecast period.

The ceramics segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for ceramic materials across industries due to its cost efficiency and easy availability.

The aerospace segment is expected to lead thermal spray coatings market during the forecast period.

The aerospace segment is projected to grow at the highest CAGR between 2018 and 2023. The growth of this segment can be attributed to the demand backlogs of major manufacturers such as Boeing and Airbus.

Asia Pacific is projected to lead thermal spray coatings market during the forecast period.

The Asia Pacific thermal spray coatings market is projected to grow at the highest CAGR between 2018 and 2023. This growth can be attributed to the growing population, increasing urbanization & modernization, increasing personal disposable income, and growth of various end-use industries such as aerospace and automotive.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Thermal Spray Coatings Market
4.2 Thermal Spray Coatings Market, By Material
4.3 Thermal Spray Coatings Market, By Process
4.4 Thermal Spray Coatings Market, By Region
4.5 North America Thermal Spray Coatings Market, By Material and Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand From the Healthcare Industry
5.2.1.2 Reduced Maintenance Cost of Thermally Sprayed Parts
5.2.1.3 Thermal Spray Substituting Electroplating Processes
5.2.1.4 Boom in the Aerospace Industry
5.2.2 Restraints
5.2.2.1 Stringent Regulations for Thermal Spray Coatings
5.2.3 Opportunities
5.2.3.1 Adoption of New Measures to Conserve Energy & Harness Renewable Energy Sources
5.2.4 Challenges
5.2.4.1 Lack of Technical Skills
5.2.4.2 Low Investment in R&D Activities By End-Use Industries
5.3 Porter's Five Forces Analysis

6 Industry Trends
6.1 Aerospace Industry
6.2 Automotive
6.3 Agriculture

7 Thermal Spray Coatings Market, By Process
7.1 Introduction
7.2 Combustion Flame
7.3 Electrical

8 Thermal Spray Coatings Market, By Material
8.1 Introduction
8.2 Ceramics
8.3 Metals & Alloys
8.4 Others

9 Thermal Spray Coatings Market, By End-Use Industry
9.1 Introduction
9.2 Aerospace
9.2.1 Flame Tubes
9.2.2 Turbine Blades
9.2.3 Landing Gear
9.3 Automotive
9.3.1 Suspension Parts
9.3.2 Piston Rings
9.3.3 Turbochargers
9.3.4 Engine Parts
9.3.5 Chassis
9.3.6 Cylinder Liners
9.3.7 Exhaust Pipes
9.4 Healthcare
9.4.1 Orthopedics
9.4.2 Medical Instruments
9.4.3 Over-The-Counter Medicines
9.5 Energy & Power
9.5.1 Boilers
9.5.2 Shafts
9.5.3 Hydro Turbines
9.5.4 Power Generators
9.5.5 Compressor Blades
9.6 Electronics
9.6.1 Electronic Enclosures
9.6.2 Instrument Nuts
9.6.3 Magnetic Tapes
9.6.4 Dielectric Coatings
9.6.5 Shielding
9.7 Agricultural Machinery
9.7.1 Harvester Blades
9.7.2 Balers
9.7.3 Compressors
9.7.4 Threshing Components
9.7.5 Agricultural Pumps & Wastewater Treatment Equipment
9.8 Others
9.8.1 Food Processing
9.8.2 Defence
9.8.3 Printing

10 Regional Analysis

11 Competitive Landscape
11.1 Introduction
11.1.1 Dynamic Differentiators
11.1.2 Innovators
11.1.3 Visionaries
11.1.4 Emerging Companies
11.2 Overview
11.2.1 Product Offerings
11.2.2 Business Strategies

12 Company Profiles
12.1 Praxair Surface Technologies, Inc.
12.2 Oerlikon Metco
12.3 Bodycote
12.4 Surface Technology
12.5 H.C. Starck GmbH
12.6 Flame Spray Coating Company
12.7 Thermal Spray Technologies, Inc. (TST)
12.8 A&A Coatings
12.9 General Magnaplate Corporation
12.10 Plasma-Tec, Inc.
12.11 ASB Industries, Inc.
12.12 Other Leading Players
12.12.1 Polymet Corporation
12.12.2 Progressive Surface
12.12.3 Brycoat Inc.
12.12.4 Metallisation Limited
12.12.5 Exline, Inc.
12.12.6 Associated Wear Coatings, Inc.
12.12.7 Arc Spray (Pty.) Ltd.
12.12.8 F.W. Gartner Thermal Spraying
12.12.9 Flame Spray Spa
12.12.10 Tocalo Co., Ltd.
12.12.11 Treibacher Industrie Ag
12.12.12 GTV Verschleischutz GmbH
12.12.13 Ametek Inc.
12.12.14 C&M Technologies GmbH

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