Thermal Spray is a group of industrial processes, which generally include the propelling of micrometer-size particles of molten or semi-molten materials to create a protective or decorative coating on the surface of the desired substrate. The Thermal Spray coating provides various advantages to the end-users, such as lower coating cost, improved engineering performance, and increased component life. Thermal Spray Equipment are an integral part of every step in the thermal spray coating process and can be primarily segmented into thermal spray coating systems, dust collection equipment, spray guns and nozzles, feeder equipment, spare parts, noise-reducing enclosures, and others.
The equipment market has also been segmented according to the material being coated onto the substrate into; metals, ceramics, polymers, and others. Thermal Spray techniques, owing to their superior deposition rate, in comparison to other traditional coating processes, are an integral part of various major industrial sectors. In the global Thermal Spray Equipment market report, we have taken the following major end-user sectors of thermal spray coatings into consideration: Automotive, Aerospace, Industrial Gas Turbines, Energy & Power, Electronics , Oil & Gas, Medical Devices, Others.
This market is driven by a number of factors, such as growing thermal spray applications in aerospace and automotive sectors, the increased usage of thermal spray in medical devices, and the reduced technology transfer time; primarily resulting from the growing reach of thermal spray professional and trade associations. However, this market faces certain drawbacks, such as the emergence of hard trivalent chrome coating, trust issues regarding thermal spray process reliability and consistency, and the limited usage of thermal spray in emerging economies. These factors may act as a roadblock to the growth of the market. The shifting focus towards integrated automated systems, the increased awareness and demand from Asia-Pacific, the advancements in spraying technology (cold spray process), and the development of novel cheaper products will offer numerous opportunities in the growth of the global thermal spray equipment market.
Some of the major companies and vendors in the market include, Metallisation Ltd., Flame Spray Technologies, Oerlikon Metco, Praxair Surface Technologies, Metallizing Equipment Co. Pvt. Ltd, GTV Verschleiss-Schutz., and Kurt J. Lesker (KJLC).
Market analysis for the Global Thermal Spray Equipment Market, with global and regional specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Thermal Spray Equipment market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
1.2 Research Methodology
2. Executive Summary
3. Thermal Spray Equipment 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
4.1.1 Growing Thermal Spray Applications in Automotive Sectors
4.1.2 Increased Thermal Spray Usage in Medical Devices
4.1.3 Rising Popularity of Thermal Spray Ceramic Coatings
4.2.1 Emergence of Hard Trivalent Chrome Coating
4.2.2 Limited Usage of Thermal Spray in Emerging Economies
4.3.1 Replacement of Hard Chrome Coating
4.3.2 Increased Awareness and Demand from Asia-Pacific
4.3.3 Advancements in Spraying Technology (Cold Spray Process)
4.3.4 Development of Novel Cheaper Products
5. Market Segmentation and Analysis
5.1 By Product Type
5.1.1 Thermal Spray Coating Systems
5.1.2 Dust Collection Equipment
5.1.3 Spray Guns & Nozzles
5.1.4 Feeder Equipment
5.1.5 Spare Parts
5.1.6 Noise-Reducing Enclosures
5.2 By End-user Sector
5.2.3 Industrial Gas Turbines
5.2.4 Energy & Power
5.2.6 Oil & Gas
5.2.7 Medical Devices
5.3 By Process
188.8.131.52 Low Velocity (Wire/Powder)
184.108.40.206 High Velocity (HVOF)
5.3.2 Electric Energy
220.127.116.11 Wire Arc
18.104.22.168 Cold Spray
6. Regional Market Analysis
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
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 Air Products & Chemicals
8.2 Arzell Inc.
8.3 ASB Industries Inc.
8.4 Bay State Surface Technologies Inc. (Aimtek)
8.5 Camfil Air Pollution Control
8.6 Castolin Eutectic
8.7 Donaldson Company Inc.
8.8 Flame Spray Technologies BV
8.9 Genie Products Inc.
8.10 GTV Verschleiss-Schutz
8.11 HAI Inc.
8.12 Imperial Systems Inc.
8.13 Integrated Global Services
8.14 Kennametl Stellite
8.15 Kurt J. Lesker (KJLC)
8.16 Lincoln Electric Holdings Inc.
8.17 Metallisation Ltd.
8.18 Metallizing Equipment Co. Pvt. Ltd
8.19 Oerlikon Metco
8.20 Plasma Powders & Systems Inc.
8.21 Powder Feed Dynamics, Inc.
8.22 Praxair Surface Technologies
8.23 Progressive Surface
8.24 Saint Gobain
8.25 Supersonic Spray Technologies (CenterLine)
8.26 Thermach Inc.
8.27 Thermion Inc.
8.28 UnitedCoatings Group (Artec S.p.A)