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Thermal Spray Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global thermal spray coating market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Thermal spray coating refers to the process of coating surfaces by melting powder substrates into droplets and spraying them at high velocities. Some of the commonly used coatings include zirconium oxide, aluminum bronze, and cobalt-molybdenum. They are sprayed on materials, such as stainless steel, nickel alloys, copper, bronze, molybdenum, ceramics and tungsten carbides. The coatings form stable bonds with the surfaces and prevent them from degradation, wear and tear, abrasion, friction and corrosion. They also provide electrical conductivity, lubricity, chemical resistances and desirable surface properties. As a result, thermal spray coating finds extensive applications across various industries, such as aerospace, automotive, healthcare, energy and food and beverage.

Thermal Spray Coating Market Trends:

Significant growth in the chemical industry, along with the increasing demand for high-performance industrial-grade coatings, is one of the key factors creating a positive outlook for the market. These coatings are widely used on the surfaces of pumps, valves, machinery, turbine blades and other industrial equipment to enhance their operational efficiency, quality and reliability. In the automotive industry, the coatings are used on cylinder rings, piston rings, crankshafts, brake discs, exhaust pipes and shifters for high-performance and improved fuel efficiency. Moreover, shifting consumer preference from chrome plating towards thermal spray coatings is providing a thrust to the market growth. With rising environmental consciousness, consumers are widely utilizing thermal spray coatings that have a higher fatigue resistance and generate minimal residue upon processing.  Additionally, the development of flame-based and reactive spray deposition technologies for low-temperature solid oxide fuel cell, plasma and laser deposition coatings, are contributing to the growth of the market. Other factors, including the rising expenditure capacities of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global thermal spray coating market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, technology and application.

Breakup by Product:

  • Metals
  • Ceramics
  • Intermetallics
  • Polymers
  • Carbides
  • Abradables
  • Others
     

Breakup by Technology:

  • Cold
  • Flame
  • Plasma
  • High-Velocity Oxy-Fuel (HVOF)
  • Electric Arc
  • Others
     

Breakup by Application:

  • Aerospace
  • Industrial Gas Turbine
  • Automotive
  • Medical
  • Printing
  • Oil and Gas
  • Steel
  • Pulp and Paper
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Products and Chemicals Inc., American Roller Company LLC, Durum Verschleißschutz GmbH, Lincotek Rubbiano S.p.A, Metallizing Equipment Co. Pvt. Ltd., Montreal Carbide Co. Ltd., Powder Alloy Corporation, Praxair Surface Technologies Inc. (Linde plc), Progressive Surface Inc. and Wall Colmonoy Corporation.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Technology, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Air Products and Chemicals Inc., American Roller Company LLC, Durum Verschleißschutz GmbH, Lincotek Rubbiano S.p.A, Metallizing Equipment Co. Pvt. Ltd., Montreal Carbide Co. Ltd., Powder Alloy Corporation, Praxair Surface Technologies Inc. (Linde plc), Progressive Surface Inc. and Wall Colmonoy Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option                                     Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global thermal spray coating market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global thermal spray coating market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global thermal spray coating market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Thermal Spray Coating Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Metals
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Ceramics
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Intermetallic
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Polymers
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Carbides
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Abradables
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Technology
    7.1    Cold
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Flame
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Plasma
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    High-Velocity Oxy-Fuel (HVOF)
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Electric Arc
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Application
    8.1    Aerospace
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Industrial Gas Turbine
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Automotive
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Medical
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Printing
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Oil and Gas
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Steel
        8.7.1 Market Trends
        8.7.2 Market Forecast
    8.8    Pulp and Paper
        8.8.1 Market Trends
        8.8.2 Market Forecast
    8.9    Others
        8.9.1 Market Trends
        8.9.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Air Products and Chemicals Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    American Roller Company LLC
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Durum Verschleißschutz GmbH
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Lincotek Rubbiano S.p.A
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Metallizing Equipment Co. Pvt. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Montreal Carbide Co. Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Powder Alloy Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Praxair Surface Technologies Inc. (Linde plc)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Progressive Surface Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Wall Colmonoy Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Thermal Spray Coating Market: Major Drivers and Challenges
Figure 2: Global: Thermal Spray Coating Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Thermal Spray Coating Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Thermal Spray Coating Market: Breakup by Product (in %), 2020
Figure 5: Global: Thermal Spray Coating Market: Breakup by Technology (in %), 2020
Figure 6: Global: Thermal Spray Coating Market: Breakup by Application (in %), 2020
Figure 7: Global: Thermal Spray Coating Market: Breakup by Region (in %), 2020
Figure 8: Global: Thermal Spray Coating (Metals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Thermal Spray Coating (Metals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Thermal Spray Coating (Ceramics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Thermal Spray Coating (Ceramics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Thermal Spray Coating (Intermetallic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Thermal Spray Coating (Intermetallic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Thermal Spray Coating (Polymers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Thermal Spray Coating (Polymers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Thermal Spray Coating (Carbides) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Thermal Spray Coating (Carbides) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Thermal Spray Coating (Abradables) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Thermal Spray Coating (Abradables) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Thermal Spray Coating (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Thermal Spray Coating (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Thermal Spray Coating (Cold) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Thermal Spray Coating (Cold) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Thermal Spray Coating (Flame) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Thermal Spray Coating (Flame) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Thermal Spray Coating (Plasma) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Thermal Spray Coating (Plasma) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Thermal Spray Coating (High-Velocity Oxy-Fuel (HVOF)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Thermal Spray Coating (High-Velocity Oxy-Fuel (HVOF)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Thermal Spray Coating (Electric Arc) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Thermal Spray Coating (Electric Arc) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Thermal Spray Coating (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Thermal Spray Coating (Other Technologies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Thermal Spray Coating (Aerospace) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Thermal Spray Coating (Aerospace) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Thermal Spray Coating (Industrial Gas Turbine) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Thermal Spray Coating (Industrial Gas Turbine) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Thermal Spray Coating (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Thermal Spray Coating (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Thermal Spray Coating (Medical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Thermal Spray Coating (Medical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Global: Thermal Spray Coating (Printing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Global: Thermal Spray Coating (Printing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Global: Thermal Spray Coating (Oil and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Global: Thermal Spray Coating (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Global: Thermal Spray Coating (Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Global: Thermal Spray Coating (Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Global: Thermal Spray Coating (Pulp and Paper) Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Global: Thermal Spray Coating (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Global: Thermal Spray Coating (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Global: Thermal Spray Coating (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: North America: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: North America: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: United States: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: United States: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Canada: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Canada: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Asia-Pacific: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Asia-Pacific: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: China: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: China: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Japan: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Japan: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: India: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: India: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: South Korea: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: South Korea: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Australia: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Australia: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Indonesia: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Indonesia: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Europe: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Europe: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Germany: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Germany: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: France: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: France: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: United Kingdom: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: United Kingdom: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Italy: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Italy: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Spain: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Spain: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Russia: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Russia: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Others: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Others: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Latin America: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 91: Latin America: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Brazil: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 93: Brazil: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 94: Mexico: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 95: Mexico: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 96: Others: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 97: Others: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 98: Middle East and Africa: Thermal Spray Coating Market: Sales Value (in Million US$), 2015 & 2020
Figure 99: Middle East and Africa: Thermal Spray Coating Market: Breakup by Country (in %), 2020
Figure 100: Middle East and Africa: Thermal Spray Coating Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 101: Global: Thermal Spray Coating Industry: SWOT Analysis
Figure 102: Global: Thermal Spray Coating Industry: Value Chain Analysis
Figure 103: Global: Thermal Spray Coating Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Thermal Spray Coating Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Thermal Spray Coating Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Thermal Spray Coating Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 4: Global: Thermal Spray Coating Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Thermal Spray Coating Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Thermal Spray Coating Market: Competitive Structure
Table 7: Global: Thermal Spray Coating Market: Key Players

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