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Thermal Spray Coatings Market by Material (Polymer, Ceramics, Metal, Alloys, and Others), Process (Flame, Electrical, and Kinetic), End-use Industry (Electronics, Energy & Power, Medical & Healthcare, Automotive, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Nov 2019 | 33 Views
 
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Thermal spray is a method of coating, which enhances the durability and re-establishes the surface of substrate (base material). In this process, the coating material is melted with heat and is subsequently applied over the surface of substrate. Thermal spray coating is a cost-effective way to enhance surface properties of substrate such as abrasion, corrosion, erosion, and cavitation resistance by forming a thick coating over it. The coating material used for thermal spray coating is in the form of powder or wire, which gets melted and converted into tiny droplets before applying on the surface of the substrate. The coating materials that melt without decomposing such as ceramic and polymer are suitable for thermal spray coatings. This coating method is applied on metal substrates and hard plastic substrates. However, the major drawback of this process is that it cannot be used for substrates which have low melting temperature, as it results in decomposition and oxidation.

The growth of the thermal spray coating market is driven by upsurge in usage of thermal spray coatings in the aerospace sector for components such as suspension systems, transmission components, engine parts, cylinders, turbine blades, and landing gear. Emerging budget allocations in the defense sector by Japan, China, the U.S. and India will increase the manufacturing capacity of aircraft, which in turn is expected to fuel the demand for thermal spray coatings. In addition, increase in need to curtail high replacement cost at later stages and necessity to improve the durability of machine components are expected to boost the growth of the global market. However, fluctuation in metal, alloy, & mineral prices due to changing economic conditions is a key factor that restrains the market growth. Moreover, availability of substitutes such as liquid coatings that possess improved properties hamper the market growth. On the contrary, recycling of thermal spray processing materials and advancements in spraying technology are anticipated to offer lucrative opportunities for market expansion.

The global thermal spray coatings market is segmented into material, process, end-use industry, and region. On the basis of material, the market is classified into polymer, ceramics, metal, alloys, and others. Ceramic material is widely used by end users due to its high efficiency to cover complex shapes, easy availability, and cost efficiency. Depending on process, the market is categorized into flame, electrical, and kinetic. The electrical thermal spray coatings process has high spraying capacity, and hence is predominantly used for protecting large infrastructures, capacitors, boiler walls, tube seams, and piston rings. As per end-use industry, the market is segregated into electronics, energy & power, medical & healthcare, automotive, aerospace & defense, and others. In the aerospace sector, to protect aircraft components, thermal spray coatings are used extensively, as they prolong the service life of components, provide high thermal resistance, reduce emissions of nitrogen oxide, improve thermal efficiency, offer enhanced resistance to contaminants & corrosion.

Region wise, the global thermal spray coatings market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominates the overall market, due to development of the aerospace & automobile sectors in this region.

The key players operating in the global market include Praxair Surface Technologies Inc., BodyCote, Oerlikon Metco, Surface Technology (UK), H.C. Starck GmbH, F.W. Gartner Thermal Spraying, Metallisation Ltd., Chromalloy Gas Turbine LLC, Kennametal Inc., and Flame Spray SpA. These players have acquired various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market. In 2017, Recentis Advanced Materials was acquired by Oerlikon Metco. This acquisition helped Oerlikon Metco to strengthen its position in the coating materials market.

KEY BENEFITS FOR STAKEHOLDERS

  • The report outlines the current market trends and future scenario of the thermal spray coatings market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries in the regions have been mapped according to their individual revenue contribution.
  • The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
  • The thermal spray coatings market analysis covers in-depth information of major industry participants.

KEY MARKET SEGMENTS

By Material

  • Polymer
    • Polyester
    • Polyethylene
    • Polytetrafluoroethylene
  • Ceramics
    • Yttria
    • Chromia
    • Alumina
    • Titania
    • Zirconia
  • Metal
    • Titanium
    • Molybdenum
    • Aluminum
    • Stainless Steel
    • Nickel
  • Alloy
    • Fe-Al
    • Ni-Al
    • Ni-Ti
    • Ti-Al
  • Others (Carbides)

By Process

  • Flame
    • Detonation Spray
    • Flame Spray
    • HVOF (High-velocity Oxygen Fuel) Spray
    • HVAF (High-velocity Air Fuel) Spray
  • Electrical
    • Plasma Spray
    • Arc Wire Spray
  • Kinetic
    • High-pressure Cold Gas Spray
    • Low-pressure Cold Gas Spray

By End-use Industry

  • Electronics
  • Energy & Power
  • Medical & Healthcare
  • Automotive
  • Aerospace & Defense
  • Others (Agricultural Machinery)

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific 
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific 
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa 
  • Rest of LAMEA

Key Players

  • Praxair Surface Technologies Inc.
  • BodyCote
  • Oerlikon Metco
  • Surface Technology (UK)
  • H.C. Starck GmbH
  • F.W. Gartner Thermal Spraying
  • Metallisation Ltd.
  • Chromalloy Gas Turbine LLC
  • Kennametal Inc.
  • Flame Spray SpA
 

Chapter 1    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology
1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

Chapter 2    EXECUTIVE SUMMARY

2.1.    Key findings
2.1.1.    Top Investment Pockets
2.1.2.    Market Player Positioning, 2018
2.2.    CXO perspective

Chapter 3    MARKET OVERVIEW

3.1.    Market Definition And Scope
3.2.    Parent/Peer Market Overview
3.3.    Key Forces Shaping Thermal Spray Coatings Market
3.3.1.    Bargaining power of suppliers
3.3.2.    Threat of new entrants
3.3.3.    Threat of substitutes
3.3.4.    Intensity of rivalry
3.3.5.    Bargaining power of buyers
3.4.    Pricing Analysis
3.4.1.    Pricing Analysis of Thermal Spray Coatings Market, By Region, 2018 to 2026
3.4.2.    Pricing Analysis of Thermal Spray Coatings Market, By Material, 2018 to 2026
3.4.3.    Pricing Analysis of Thermal Spray Coatings Market, By Process, 2018 to 2026
3.4.4.    Pricing Analysis of Thermal Spray Coatings Market, By End-Use Industry, 2018 to 2026
3.5.    Value Chain Analysis
3.6.    Impact Of Government Regulations On Global Thermal Spray Coatings Market
3.7.    Patent Analysis
3.8.    Market Dynamics
3.8.1.    Drivers
3.8.2.    Restraints
3.8.3.    Opportunities

Chapter 4    THERMAL SPRAY COATINGS MARKET, BY MATERIAL

4.1.    Overview
4.2.    Polymer
4.2.1.    Key market trends, growth factors and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market volume and forecast, by region
4.2.4.    Market analysis by country
4.2.5.    Market analysis by type
4.2.5.1.    Polyester
4.2.5.2.    Polyethylene
4.2.5.3.    Polytetrafluoroethylene
4.3.    Ceramics
4.3.1.    Key market trends, growth factors and opportunities
4.3.2.    Market size and forecast, by region
4.3.3.    Market volume and forecast, by region
4.3.4.    Market analysis by country
4.3.5.    Market analysis by type
4.3.5.1.    Yttria
4.3.5.2.    Chromia
4.3.5.3.    Alumina
4.3.5.4.    Titania
4.3.5.5.    Zirconia
4.4.    Metal
4.4.1.    Key market trends, growth factors and opportunities
4.4.2.    Market size and forecast, by region
4.4.3.    Market volume and forecast, by region
4.4.4.    Market analysis by country
4.4.5.    Market analysis by type
4.4.5.1.    Titanium
4.4.5.2.    Molybdenum
4.4.5.3.    Aluminum
4.4.5.4.    Stainless Steel
4.4.5.5.    Nickel
4.5.    Alloys
4.5.1.    Key market trends, growth factors and opportunities
4.5.2.    Market size and forecast, by region
4.5.3.    Market volume and forecast, by region
4.5.4.    Market analysis by country
4.5.5.    Market analysis by type
4.5.5.1.    Fe-Al
4.5.5.2.    Ni-Al
4.5.5.3.    Ni-Ti
4.5.5.4.    Ti-Al
4.6.    Others
4.6.1.    Key market trends, growth factors and opportunities
4.6.2.    Market size and forecast, by region
4.6.3.    Market volume and forecast, by region
4.6.4.    Market analysis by country

Chapter 5    THERMAL SPRAY COATINGS MARKET, BY PROCESS

5.1.    Overview
5.2.    Flame
5.2.1.    Key market trends, growth factors and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market volume and forecast, by region
5.2.4.    Market analysis by country
5.2.5.    Market analysis by type
5.2.5.1.    Detonation Spray
5.2.5.2.    Flame Spray
5.2.5.3.    HVOF (High Velocity Oxygen Fuel) Spray
5.2.5.4.    HVAF (High Velocity Air Fuel) Spray
5.3.    Electrical
5.3.1.    Key market trends, growth factors and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market volume and forecast, by region
5.3.4.    Market analysis by country
5.3.5.    Market analysis by type
5.3.5.1.    Plasma Spray
5.3.5.2.    Arc Wire Spray
5.4.    Kinetic
5.4.1.    Key market trends, growth factors and opportunities
5.4.2.    Market size and forecast, by region
5.4.3.    Market volume and forecast, by region
5.4.4.    Market analysis by country
5.4.5.    Market analysis by type
5.4.5.1.    High Pressure Cold Gas Spray
5.4.5.2.    Low Pressure Cold Gas Spray

Chapter 6    THERMAL SPRAY COATINGS MARKET, BY END-USE INDUSTRY

6.1.    Overview
6.2.    Electronics
6.2.1.    Key market trends, growth factors and opportunities
6.2.2.    Market size and forecast, by region
6.2.3.    Market volume and forecast, by region
6.2.4.    Market analysis by country
6.3.    Energy & Power
6.3.1.    Key market trends, growth factors and opportunities
6.3.2.    Market size and forecast, by region
6.3.3.    Market volume and forecast, by region
6.3.4.    Market analysis by country
6.4.    Medical & Healthcare
6.4.1.    Key market trends, growth factors and opportunities
6.4.2.    Market size and forecast, by region
6.4.3.    Market volume and forecast, by region
6.4.4.    Market analysis by country
6.5.    Automotive
6.5.1.    Key market trends, growth factors and opportunities
6.5.2.    Market size and forecast, by region
6.5.3.    Market volume and forecast, by region
6.5.4.    Market analysis by country
6.6.    Aerospace & Defense
6.6.1.    Key market trends, growth factors and opportunities
6.6.2.    Market size and forecast, by region
6.6.3.    Market volume and forecast, by region
6.6.4.    Market analysis by country
6.7.    Others
6.7.1.    Key market trends, growth factors and opportunities
6.7.2.    Market size and forecast, by region
6.7.3.    Market volume and forecast, by region
6.7.4.    Market analysis by country

Chapter 7    THERMAL SPRAY COATINGS MARKET, BY REGION

7.1.    Overview
7.2.    North America
7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, by material
7.2.3.    Market size and forecast, by process
7.2.4.    Market size and forecast, by end-use industry
7.2.5.    U.S.
7.2.5.1.    Market size and forecast, by material
7.2.5.2.    Market size and forecast, by process
7.2.5.3.    Market size and forecast, by end-use industry
7.2.6.    Canada
7.2.6.1.    Market size and forecast, by material
7.2.6.2.    Market size and forecast, by process
7.2.6.3.    Market size and forecast, by end-use industry
7.2.7.    Mexico
7.2.7.1.    Market size and forecast, by material
7.2.7.2.    Market size and forecast, by process
7.2.7.3.    Market size and forecast, by end-use industry
7.3.    Europe
7.3.1.    Key market trends, growth factors and opportunities
7.3.2.    Market size and forecast, by material
7.3.3.    Market size and forecast, by process
7.3.4.    Market size and forecast, by end-use industry
7.3.5.    UK
7.3.5.1.    Market size and forecast, by material
7.3.5.2.    Market size and forecast, by process
7.3.5.3.    Market size and forecast, by end-use industry
7.3.6.    Germany
7.3.6.1.    Market size and forecast, by material
7.3.6.2.    Market size and forecast, by process
7.3.6.3.    Market size and forecast, by end-use industry
7.3.7.    France
7.3.7.1.    Market size and forecast, by material
7.3.7.2.    Market size and forecast, by process
7.3.7.3.    Market size and forecast, by end-use industry
7.3.8.    Spain
7.3.8.1.    Market size and forecast, by material
7.3.8.2.    Market size and forecast, by process
7.3.8.3.    Market size and forecast, by end-use industry
7.3.9.    Italy
7.3.9.1.    Market size and forecast, by material
7.3.9.2.    Market size and forecast, by process
7.3.9.3.    Market size and forecast, by end-use industry
7.3.10.    Rest of Europe
7.3.10.1.    Market size and forecast, by material
7.3.10.2.    Market size and forecast, by process
7.3.10.3.    Market size and forecast, by end-use industry
7.4.    Asia-Pacific
7.4.1.    Key market trends, growth factors and opportunities
7.4.2.    Market size and forecast, by material
7.4.3.    Market size and forecast, by process
7.4.4.    Market size and forecast, by end-use industry
7.4.5.    China
7.4.5.1.    Market size and forecast, by material
7.4.5.2.    Market size and forecast, by process
7.4.5.3.    Market size and forecast, by end-use industry
7.4.6.    Japan
7.4.6.1.    Market size and forecast, by material
7.4.6.2.    Market size and forecast, by process
7.4.6.3.    Market size and forecast, by end-use industry
7.4.7.    India
7.4.7.1.    Market size and forecast, by material
7.4.7.2.    Market size and forecast, by process
7.4.7.3.    Market size and forecast, by end-use industry
7.4.8.    Australia
7.4.8.1.    Market size and forecast, by material
7.4.8.2.    Market size and forecast, by process
7.4.8.3.    Market size and forecast, by end-use industry
7.4.9.    South Korea
7.4.9.1.    Market size and forecast, by material
7.4.9.2.    Market size and forecast, by process
7.4.9.3.    Market size and forecast, by end-use industry
7.4.10.    Rest of Asia-Pacific
7.4.10.1.    Market size and forecast, by material
7.4.10.2.    Market size and forecast, by process
7.4.10.3.    Market size and forecast, by end-use industry
7.5.    LAMEA
7.5.1.    Key market trends, growth factors and opportunities
7.5.2.    Market size and forecast, by material
7.5.3.    Market size and forecast, by process
7.5.4.    Market size and forecast, by end-use industry
7.5.5.    BRAZIL
7.5.5.1.    Market size and forecast, by material
7.5.5.2.    Market size and forecast, by process
7.5.5.3.    Market size and forecast, by end-use industry
7.5.6.    Saudi Arabia
7.5.6.1.    Market size and forecast, by material
7.5.6.2.    Market size and forecast, by process
7.5.6.3.    Market size and forecast, by end-use industry
7.5.7.    South Africa
7.5.7.1.    Market size and forecast, by material
7.5.7.2.    Market size and forecast, by process
7.5.7.3.    Market size and forecast, by end-use industry
7.5.8.    Rest of LAMEA
7.5.8.1.    Market size and forecast, by material
7.5.8.2.    Market size and forecast, by process
7.5.8.3.    Market size and forecast, by end-use industry

Chapter 8    COMPETITIVE LANDSCAPE

8.1.    Competitive dashboard
8.2.    Market share analysis of top players, 2018 (%)
8.3.    Product mapping of top 10 player
8.4.    Top winning strategies, 2015 - 2018
8.4.1.    Top winning strategies, by year
8.4.2.    Top winning strategies, by development
8.4.3.    Top winning strategies, by company

Chapter 9    COMPANY PROFILES

9.1.    Praxair Surface Technologies Inc
9.1.1.    Company overview
9.1.2.    Company snapshot
9.1.3.    Key Executives
9.1.4.    Operating Business Segments & Product Portfolio
9.1.5.    R&D Expenditure
9.1.6.    Business Performance
9.1.7.    Key Strategic Moves and Developments
9.2.    BodyCote
9.2.1.    Company overview
9.2.2.    Company snapshot
9.2.3.    Key Executives
9.2.4.    Operating Business Segments & Product Portfolio
9.2.5.    R&D Expenditure
9.2.6.    Business Performance
9.2.7.    Key Strategic Moves and Developments
9.3.    Oerlikon Metco
9.3.1.    Company overview
9.3.2.    Company snapshot
9.3.3.    Key Executives
9.3.4.    Operating Business Segments & Product Portfolio
9.3.5.    R&D Expenditure
9.3.6.    Business Performance
9.3.7.    Key Strategic Moves and Developments
9.4.    Surface Technology (UK)
9.4.1.    Company overview
9.4.2.    Company snapshot
9.4.3.    Key Executives
9.4.4.    Operating Business Segments & Product Portfolio
9.4.5.    R&D Expenditure
9.4.6.    Business Performance
9.4.7.    Key Strategic Moves and Developments
9.5.    H.C. Starck GmbH
9.5.1.    Company overview
9.5.2.    Company snapshot
9.5.3.    Key Executives
9.5.4.    Operating Business Segments & Product Portfolio
9.5.5.    R&D Expenditure
9.5.6.    Business Performance
9.5.7.    Key Strategic Moves and Developments
9.6.    F.W. Gartner Thermal Spraying
9.6.1.    Company overview
9.6.2.    Company snapshot
9.6.3.    Key Executives
9.6.4.    Operating Business Segments & Product Portfolio
9.6.5.    R&D Expenditure
9.6.6.    Business Performance
9.6.7.    Key Strategic Moves and Developments
9.7.    Metallisation Ltd.
9.7.1.    Company overview
9.7.2.    Company snapshot
9.7.3.    Key Executives
9.7.4.    Operating Business Segments & Product Portfolio
9.7.5.    R&D Expenditure
9.7.6.    Business Performance
9.7.7.    Key Strategic Moves and Developments
9.8.    Chromalloy Gas Turbine LLC
9.8.1.    Company overview
9.8.2.    Company snapshot
9.8.3.    Key Executives
9.8.4.    Operating Business Segments & Product Portfolio
9.8.5.    R&D Expenditure
9.8.6.    Business Performance
9.8.7.    Key Strategic Moves and Developments
9.9.    Kennametal Inc.
9.9.1.    Company overview
9.9.2.    Company snapshot
9.9.3.    Key Executives
9.9.4.    Operating Business Segments & Product Portfolio
9.9.5.    R&D Expenditure
9.9.6.    Business Performance
9.9.7.    Key Strategic Moves and Developments
9.10.    Flame Spray SpA
9.10.1.    Company overview
9.10.2.    Company snapshot
9.10.3.    Key Executives
9.10.4.    Operating Business Segments & Product Portfolio
9.10.5.    R&D Expenditure
9.10.6.    Business Performance
9.10.7.    Key Strategic Moves and Developments

 
 
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