The latest report by IMARC Group, titled “Thermal Spray Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global thermal spray coating market size reached US$ 9.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

An industrial technique called thermal spray coating is used to coat materials in order to improve their surface's ability to withstand heat. A heat source and powder coating materials that have been melted and sprayed at a high speed onto the material surface are used in the process. Because it helps to improve friction while extending the life of the machine, this method is widely used in the production of moving and rotating sections of machines, such as pumps, electric motors, ships, aircraft turbine systems, and quarrying machinery.

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Thermal Spray Coating Market Trends and Drivers:

The adoption of heavy machinery by different sectors has significantly increased, which is the main factor driving the global market. Additionally, a favorable market outlook is being created by the growing use of thermal spray coating in the aerospace and automotive industries to coat engine turbine blades, pistons, and synchronizer rings to give a protective layer against extreme temperature variations. In addition, because the procedure is comparatively less hazardous and offers superior corrosion resistance, it is often utilized as a favored substitute for electroplating and ion implantation. Other factors driving the market's expansion include the leading companies' considerable R&D efforts and the quick industrialization of the world, particularly in the emerging nations.

Report Segmentation:

The report has segmented the market into the following categories:

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

Market 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 with Key Player:

• 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.
• Wall Colmonoy Corporation.

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