Global Thermal Spray Market - Segmented by Product Type, By End-User Industry, and Geography - Trends and Forecasts (2016 - 2021)

  • ID: 3605941
  • Report
  • Region: Global
  • 144 pages
  • Mordor Intelligence
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  • 5iTech (AlSher APM)
  • ASB Industries
  • Fujimi
  • Hoganas AB
  • Metallisation Ltd.
  • Saint Gobain
  • MORE
The global thermal spray market was valued at USD 7.580 billion in 2015 and is estimated to grow at a CAGR of 7.79%, to reach USD 11.893 billion by 2021. The scope of the market includes revenue being generated from all major components of the thermal spray process, including material, equipment, and coatings that are being created. Thermal spray coating provides various advantages to end-users, such as lower coating cost, improved engineering performance, and increased component life.

"Cold Spray technology will become a mainstream thermal spray process by 2035, as opposed to it being limited to laboratories and niche applications at present." - Marketing executive from one of the leading companies in Global Thermal Spray Market

Market Dynamics

The thermal spray market is driven by many factors, such as demand from the automotive sector, increased usage in medical devices, and replacement of hard chrome coatings with thermal spray coatings. However, certain drawbacks, such as the emergence of hard trivalent chrome coating, consumer trust issues regarding process reliability & consistency, and a dearth of usage in developing countries, may act as a roadblock to the growth of the market.

Market Segmentation

The global thermal spray market is segmented by coatings & finishing, materials, equipment, and end-user sector.

By coatings & finishing, the market is segmented into combustion (low velocity (wire/powder), high velocity (HVOF), and detonation) and electric energy (wire arc, plasma, and cold spray).
By material, the market is segmented into coating materials and supplementary materials (auxiliary materials). The coating materials are further segmented into powders, wires/rods, and others (liquid). The powders are further sub-segmented into: metal-based (pure metals & alloys, precious metals, and MCrAIY), ceramic-based (ceramic oxides (alumina, chromia, titania, zirconia, and others), cermets, and carbides), polymers, & others.
By equipment, the market is segmented into thermal spray coating systems, dust collection equipment, spray guns & nozzles, feeder equipment, spare parts, noise-reducing enclosures, and others.
By the end-user, the market is segmented into automotive, aerospace, industrial gas turbines, energy & power, electronics, oil & gas, medical devices, and others.
By region, the market is segmented into Asia-Pacific, Europe, North America, South America, and the Middle-East & Africa. Regarding country-wise consumption, the US-led the market in 2015, followed by Japan and Germany. The increased use of thermal spray techniques in the aerospace sector in the US was the primary driving force behind the country’s market growth in 2014.

Opportunities and Market Players

The growing use of thermal spray processes in oil & gas sector, along with an increasing demand from the Asia-Pacific region is expected to offer numerous opportunities for growth of the global thermal spray market.

Some of the major companies and vendors in the market include:

APS Materials Inc.
Flame Spray Technologies
H.C. Starck
Oerlikon Metco
Praxair Surface Technologies
Treibacher Industries AG
TST Engineered Coating Solutions
Key Deliverables in the Study

Market analysis for the global thermal spray market, with region specific assessments and competition analysis on global and regional scales.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global thermal spray market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
Note: Product cover images may vary from those shown
2 of 4


  • 5iTech (AlSher APM)
  • ASB Industries
  • Fujimi
  • Hoganas AB
  • Metallisation Ltd.
  • Saint Gobain
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Thermal Spray Market
3.1 Market Definition
3.2 Industry Value Chain Analysis
3.3 Technological Snapshot
3.3.1 Price Comparison
3.3.2 Performance Analysis
3.4 Industry Attractiveness - Porter's Five Forces Model
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Thermal Spray Applications in Automotive Sector and Aerospace Sector
4.1.2 Increased Thermal Spray Usage in Medical Devices
4.1.3 Rising Popularity of Thermal Spray Ceramic Coatings
4.1.4 Replacement of Hard Chrome Coating
4.2 Restraints
4.2.1 Emergence of Hard Trivalent Chrome Coating
4.2.2 Trust Issues Regarding Process Reliability and Consistency
4.2.3 A Dearth of Usage in Emerging Economies
4.3 Opportunities
4.3.1 Growing Usage in Oil & Gas Sector
4.3.2 Increased Demand from Asia-Pacific
4.3.3 Advancements in Spraying Technology (Cold Spray Process)
4.3.4 Recycling Thermal Spray Processing Materials
4.3.5 Development of Novel Cheaper Products
4.3.6 Shifting Focus towards Nanocomposite Thermal Spray Powders
5. Thermal Spray Industry Market Segmentation and Analysis
5.1 By Thermal Spray Coatings and Finishing (Process Type)
5.1.1. Combustion Low-Velocity (Wire/Powder) High-Velocity (HVOF) Detonation
5.1.2 Electric Energy Wire Arc Plasma Cold Spray
5.2 By Thermal Spray Materials (Product Type)
5.2.1 Coating Materials Powders Metal-based Pure Metal & Alloys Precious Metals MCrAIY Ceramic-based Ceramic Oxides Alumina Chromia Titania Zirconia Others Cermets Carbides Polymers and Others Wires/Rods Others (Liquid)
5.2.2 Supplementary Materials (Auxiliary Materials)
5.3 By Thermal Spray Equipment (Product Type)
5.3.1 Thermal Spray Coating Systems
5.3.2 Dust Collection Equipment
5.3.3 Spray Guns and Nozzles
5.3.4 Feeder Equipment
5.3.5 Spare Parts
5.3.6 Noise-Reducing Enclosures
5.3.7 Others
5.2 By End-User Sector
5.2.1 Automotive
5.2.2 Aerospace
5.2.3 Industrial Gas Turbines
5.2.4 Energy & Power
5.2.5 Electronics
5.2.6 Oil & Gas
5.2.7 Medical Devices
5.2.8 Others
6. Regional Market Analysis
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East and Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market-Share Analysis
7.3 Strategies Adopted by Leading Players
8. Company Profiles
8.1 Thermal Spray Powder Companies
8.1.1 5iTech (AlSher APM)
8.1.2 Air Products & Chemicals
8.1.3 AMETEK
8.1.4 Ardleigh Minerals
8.1.5 Bay State Surface Technologies Inc. (Aimtek)
8.1.6 C&M Technologies GmbH
8.1.7 Carpenter Technology
8.1.8 Castolin Eutectic
8.1.9 Fujimi
8.1.10 Genie Products Inc.
8.1.11 Global Tungsten & Powders (GTP)
8.1.12 H.C. Starck
8.1.13 HAI Inc.
8.1.14 Hoganas AB
8.1.15 Hunter Chemical LLC
8.1.16 Kennametl Stellite
8.1.17 LSN Diffusion Ltd.
8.1.18 Metallisation Ltd.
8.1.19 Metallizing Equipment Co. Pvt. Ltd
8.1.20 Oerlikon Metco
8.1.21 Plasma Powders & Systems Inc.
8.1.22 Polymet Corp.
8.1.23 Powder Alloy Corp.
8.1.24 Praxair Surface Technologies
8.1.25 Saint Gobain
8.1.26 Sandvik Materials Technology
8.1.27 Supersonic Spray Technologies (CenterLine)
8.1.28 The Fisher Barton Group (Lineage Alloys)
8.1.29 The Linde Group
8.1.30 Thermion
8.1.31 Treibacher Industrie AG
8.2 Thermal Spray Coating Companies
8.2.1 A&A Coatings
8.2.2 APS Materials Inc.
8.2.3 ARC International
8.2.4 ASB Industries
8.2.5 Bodycote Plc.
8.2.6 Castolin Eutectic
8.2.7 Chromalloy Gas Turbine LLC (Chromalloy)
8.2.8 Curtis-Wright Corp. (F.W. Gartner Thermal Spraying)
8.2.9 Fujimi
8.2.10 Harper Corp.
8.2.11 Kennametl Stellite
8.2.12 Metallisation Ltd.
8.2.13 Oerlikon Metco
8.2.14 Pamarco
8.2.15 Praxair Surface Technologies
8.2.16 Supersonic Spray Technologies (CenterLine)
8.2.17 Surface Dynamics
8.2.18 The Fisher Barton Group (Thermal Spray Technologies)
8.2.19 The Linde Group
8.2.20 Thermion
8.2.21 TOCALO Co. Ltd
8.3 Thermal Spray Equipment Companies
8.3.1 Air Products & Chemicals
8.3.2 Arzell Inc.
8.3.3 ASB Industries Inc.
8.3.4 Bay State Surface Technologies Inc. (Aimtek)
8.3.5 Camfil Air Pollution Control
8.3.6 Castolin Eutectic
8.3.7 Donaldson Company Inc.
8.3.8 Flame Spray Technologies BV
8.3.9 Genie Products Inc.
8.3.10 GTV Verschleiss-Schutz
8.3.11 HAI Inc.
8.3.12 Imperial Systems Inc.
8.3.13 Integrated Global Services
8.3.14 Kennametl Stellite
8.3.15 Kurt J. Lesker (KJLC)
8.3.16 Lincoln Electric Holdings Inc.
8.3.17 Metallisation Ltd.
8.3.18 Metallizing Equipment Co. Pvt. Ltd
8.3.19 Oerlikon Metco
8.3.20 Plasma Powders & Systems Inc.
8.3.21 Powder Feed Dynamics, Inc.
8.3.22 Praxair Surface Technologies
8.3.23 Progressive Surface
8.3.24 Saint Gobain
8.3.25 Supersonic Spray Technologies (CenterLine)
8.3.26 Thermach Inc.
8.3.27 Thermion Inc.
8.3.28 UnitedCoatings Group (Artec S.p.A)
9. Disclaimer
Note: Product cover images may vary from those shown
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  • Thermal Spray Powder Companies
  • 5iTech (AlSher APM)
  • Air Products & Chemicals
  • Ardleigh Minerals
  • Bay State Surface Technologies Inc. (Aimtek)
  • C&M Technologies GmbH
  • Carpenter Technology
  • Castolin Eutectic
  • Fujimi
  • Genie Products Inc.
  • Global Tungsten & Powders (GTP)
  • H.C. Starck
  • HAI Inc.
  • Hoganas AB
  • Hunter Chemical LLC
  • Kennametl Stellite
  • LSN Diffusion Ltd.
  • Metallisation Ltd.
  • Metallizing Equipment Co. Pvt. Ltd
  • Oerlikon Metco
  • Plasma Powders & Systems Inc.
  • Polymet Corp.
  • Powder Alloy Corp.
  • Praxair Surface Technologies
  • Saint Gobain
  • Sandvik Materials Technology
  • Supersonic Spray Technologies (CenterLine)
  • The Fisher Barton Group (Lineage Alloys)
  • The Linde Group
  • Thermion
  • Treibacher Industrie AG
  • A&A Coatings
  • APS Materials Inc.
  • ARC International
  • ASB Industries
  • Bodycote Plc.
  • Castolin Eutectic
  • Chromalloy Gas Turbine LLC (Chromalloy)
  • Curtis-Wright Corp. (F.W. Gartner Thermal Spraying)
  • Fujimi
  • Harper Corp.
  • Kennametl Stellite
  • Metallisation Ltd.
  • Oerlikon Metco
  • Pamarco
  • Praxair Surface Technologies
  • Supersonic Spray Technologies (CenterLine)
  • Surface Dynamics
  • The Fisher Barton Group (Thermal Spray Technologies)
  • The Linde Group
  • Thermion
  • TOCALO Co. Ltd
  • Air Products & Chemicals
  • Arzell Inc.
  • ASB Industries Inc.
  • Bay State Surface Technologies Inc. (Aimtek)
  • Camfil Air Pollution Control
  • Castolin Eutectic
  • Donaldson Company Inc.
  • Flame Spray Technologies BV
  • Genie Products Inc.
  • GTV Verschleiss-Schutz
  • HAI Inc.
  • Imperial Systems Inc.
  • Integrated Global Services
  • Kennametl Stellite
  • Kurt J. Lesker (KJLC)
  • Lincoln Electric Holdings Inc.
  • Metallisation Ltd.
  • Metallizing Equipment Co. Pvt. Ltd
  • Oerlikon Metco
  • Plasma Powders & Systems Inc.
  • Powder Feed Dynamics, Inc.
  • Praxair Surface Technologies
  • Progressive Surface
  • Saint Gobain
  • Supersonic Spray Technologies (CenterLine)
  • Thermach Inc.
  • Thermion Inc.
  • UnitedCoatings Group (Artec S.p.A)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown