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US Thermal Spray Coating Market (2022-2027) by Process, Material, End-Use Industry, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 172 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585627
The US Thermal Spray Coating Market is estimated to be USD 1.94 Bn in 2022 and is projected to reach USD 2.87 Bn by 2027, growing at a CAGR of 8.14%.



Market dynamics are forces that impact the prices and behaviors of the US Thermal Spray Coating Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Thermal Spray Coating Market is segmented based on Process, Material, and End-Use Industry.
  • By Process, the market is classified into Combustion Flame and Electrical.
  • By Material, the market is classified into Ceramics, Intermetallic, Metals, and Polymers.
  • By End-Use Industry, the market is classified into Aerospace, Automotive, Healthcare, Energy & Power, Electronics, Agricultural Machinery, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are A&A Coating Inc, ASB Industries Inc, Associated Wear Coatings Inc, Bodycote plc, BryCoat Inc, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Thermal Spray Coating Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Thermal Spray Coating Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Thermal Spray Coating Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
Frequently Asked Questions about the US Thermal Spray Coating Market

What is the estimated value of the US Thermal Spray Coating Market?

The US Thermal Spray Coating Market was estimated to be valued at $1.94 Billion in 2022.

What is the growth rate of the US Thermal Spray Coating Market?

The growth rate of the US Thermal Spray Coating Market is 8.1%, with an estimated value of $2.87 Billion by 2027.

What is the forecasted size of the US Thermal Spray Coating Market?

The US Thermal Spray Coating Market is estimated to be worth $2.87 Billion by 2027.

Who are the key companies in the US Thermal Spray Coating Market?

Key companies in the US Thermal Spray Coating Market include A&A Coating Inc, ASB Industries Inc, Associated Wear Coatings Inc, Bodycote plc, BryCoat Inc, Exline Inc, Flame Spray Inc, FW Gartner Thermal Spraying Ltd and H.C. Starck Tungsten LLC.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Demand from the Healthcare Industry
4.1.2 Reduced Maintenance Cost of Thermally Sprayed Parts
4.1.3 Thermal Spray Substituting Electroplating Processes
4.1.4 Boom in the Aerospace Industry
4.2 Restraints
4.2.1 Stringent Regulations for Thermal Spray Coatings
4.3 Opportunities
4.3.1 Adoption of New Measures to Conserve Energy & Harness Renewable Energy Sources
4.4 Challenges
4.4.1 Lack of Technical Skills
4.4.2 Low Investment in R&D Activities by End-Use Industries
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Thermal Spray Coating Market, By Process
6.1 Introduction
6.2 Combustion Flame
6.3 Electrical
7 US Thermal Spray Coating Market, By Material
7.1 Introduction
7.2 Ceramics
7.3 Intermetallic
7.4 Metals
7.5 Polymers
8 US Thermal Spray Coating Market, By End-Use Industry
8.1 Introduction
8.2 Aerospace
8.3 Automotive
8.4 Healthcare
8.5 Energy & Power
8.6 Electronics
8.7 Agricultural Machinery
8.8 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 A&A Coating Inc
10.2 ASB Industries Inc
10.3 Associated Wear Coatings Inc
10.4 Bodycote plc
10.5 BryCoat Inc
10.6 Exline Inc
10.7 Flame Spray Inc
10.8 FW Gartner Thermal Spraying Ltd
10.9 General Magnaplate Corp
10.10 H.C. Starck Tungsten LLC
10.11 Hayden Corp
10.12 Metallisation Ltd
10.13 Oerlikon Management AG
10.14 Plasma-Tec Inc
10.15 Polymet Corp
10.16 Praxair Surface Technologies Inc
10.17 Progressive Surface
10.18 Surface Technology Inc
10.19 Tocalo Co. Ltd
10.20 TST Engineered Coating Solutions
11 Appendix
11.1 Questionnaire

Companies Mentioned

  • A&A Coating Inc
  • ASB Industries Inc
  • Associated Wear Coatings Inc
  • Bodycote plc
  • BryCoat Inc
  • Exline Inc
  • Flame Spray Inc
  • FW Gartner Thermal Spraying Ltd
  • General Magnaplate Corp
  • H.C. Starck Tungsten LLC
  • Hayden Corp
  • Metallisation Ltd
  • Oerlikon Management AG
  • Plasma-Tec Inc
  • Polymet Corp
  • Praxair Surface Technologies Inc
  • Progressive Surface
  • Surface Technology Inc
  • Tocalo Co. Ltd
  • TST Engineered Coating Solutions