The North America thermal spray market is estimated to witness a significant growth, at an estimated CAGR of over 7%, over the forecast period. Growing thermal spray applications in automotive and aerospace sector and increased thermal spray usage in medical devices are expected to drive the market during the forecast period.
Key Market Trends
Aerospace Industry is Expected to Witness the Highest Market Share
United States to Dominate the Market
Competitive Landscape
The North America thermal spray market is fragmented in nature. Key players in the market include OC Oerlikon Management AG, Saint-Gobain, Hoganas AB, Linde Plc, and Bodycote, among others.
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- Emergence of hard trivalent chrome coating is likely to hinder the market’s growth.
- Advancements in spraying technology is expected to create opportunities to the market’s growth in the future.
- United States is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
Key Market Trends
Aerospace Industry is Expected to Witness the Highest Market Share
- In the aerospace sector, thermal spray coatings are extensively used as protective coatings to protect aircraft components and repair the old ones. They are used in the protection of engine turbine blades and actuation systems to provide high thermal resistance and longevity.
- Thermal sprays are largely employed for several purposes in jet engine components, such as crankshafts, piston rings, cylinders, valves, and so on. In addition to these, they are also applied in the coating of landing gear (bearings and axles inside the landing gear) to withstand the forces during landing and take-off.
- A variety of degradation problems exist in aircraft engines, due to metal to metal wear, hot corrosion, fretting, particle erosion, and many more. This degradation is accelerated when high-temperature is involved. Thermal spray coatings impart the required surface conditions that are required to increase the service life of the engine components.
- Thermal spray coatings, such as zirconium oxide, aluminum bronze, and cobalt-molybdenum are used for coating purposes in rocket combustion chambers, compressor air seals, and high-pressure nozzles, respectively.
- In addition, coatings of chromium cobalt, aluminum oxide, and chromium carbide are employed in turbine air seals, fuel nozzles, and turbine vanes, respectively. High-velocity oxy-fuel (HVOF) spray and plasma spray processes are the majorly used processes in this sector.
- Such, the aforementioned factors are expected to support the consumption of thermal spray used in the aerospace industry during the forecast period.
United States to Dominate the Market
- In the North America region, United States dominated the ceramic coatings market. United States is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.
- According to the Federal Aviation Administration (FAA), the total commercial aircraft fleet is expected to reach 8,270 in 2037, owing to the growth in air cargo. Also, the US mainliner carrier fleet is expected to grow at a rate of 54 aircrafts per year due to the existing fleet getting older. Strong exports of aerospace components to countries, such as France, China, and Germany, along with robust consumer spending in the United States are driving the manufacturing activities in the aerospace industry.
- Various automotive manufacturers are planning to invest during the coming years, amid threats from the government to increase levies on auto imports from Mexico. This factor is expected to positively impact the automotive industry in the country in the coming years, thereby increasing the consumption of ceramic coatings in the automotive industry through the forecast period.
- Industrial gas turbines are likely to play an important role in achieving national objectives related to energy and the environment. The ongoing technical advances makes gas turbines the logical choice for power generation and replacement of old thermal facilities operating on coal and oil.
- In terms of size, the electronics market in the United States is the largest market. Owing to the usage of advance technology, increasing number of R&D centers, and rising demand from consumers, the thermal spray market is expected to grow over the forecast period.
Competitive Landscape
The North America thermal spray market is fragmented in nature. Key players in the market include OC Oerlikon Management AG, Saint-Gobain, Hoganas AB, Linde Plc, and Bodycote, among others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Companies Mentioned
A selection of companies mentioned in this report includes:
- 5iTech, LLC
- A&A Thermal Spray Coatings
- Aimtek, Inc.
- Air Products and Chemicals, Inc.
- AMETEK
- APS Materials, Inc.
- ARDLEIGH MINERALS INCORPORATED
- Arzell, Inc.
- ASB Industries, Inc.
- Bodycote
- Camfil Air Pollution Control
- CASTOLIN EUTECTIC
- Chromalloy Gas Turbine LLC
- CRS Holdings Inc.
- Donaldson Company Inc.
- F.W. Gartner Thermal Spraying
- Flame Spray Technologies BV
- Fujimi Corporation
- Global Tungsten & Powders
- GTV-wear GmbH
- H.C. Starck
- HAI Inc
- Hoganas AB
- Hunter Chemical, LLC
- Imperial Systems, Inc.
- Integrated Global Services
- Kennametl Stellite
- Kurt J. Lesker Company
- Linde plc
- OC Oerlikon Management AG
- Pamarco
- Plasma Powders & Systems Inc.
- Polymet Corporation
- Powder Alloy Corporation
- Progressive Surface
- Saint-Gobain
- Sandvik AB
- The Fisher Barton Group
- The Harper Corporation
- The Lincoln Electric Company
- Thermach Inc.
- TOCALO Co. Ltd
Methodology
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