Thermal Spray Coatings Market by Material (Ceramics. Metals & Alloys), Process (Combustion Flame & Electrical), End-use Industry (Aerospace, Healthcare, Automotive, Energy & Power, Electronics), Region - Global Forecast to 2023

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Date: 25-Jan-2019
No. of pages: 145
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“The thermal spray coatings market is projected to grow at a CAGR of 6.7% between 2018 and 2023.”

The thermal spray coatings market is estimated to be USD 9.9 billion in 2018 and is projected to reach USD 13.7 billion by 2023, at a CAGR of 6.7% from 2018 to 2023.The growth of the aerospace, automotive, and healthcare industries is driving the demand for thermal spray coatings.

“The ceramics segment is expected to be the fastest-growing segment of the thermal spray coatings market during the forecast period.”

The ceramics segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for ceramic materials across industries due to its cost efficiency and easy availability.

“The aerospace segment is expected to lead thermal spray coatings market during the forecast period.”

The aerospace segment is projected to grow at the highest CAGR between 2018 and 2023. The growth of this segment can be attributed to the demand backlogs of major manufacturers such as Boeing and Airbus.

“Asia Pacific is projected to lead thermal spray coatings market during the forecast period.”

The Asia Pacific thermal spray coatings market is projected to grow at the highest CAGR between 2018 and 2023. This growth can beat tributed to the growing population, increasing urbanization &modernization, increasing personal disposable income, and growth of various end-use industries such as aerospace and automotive.

Break down of primary interviews for the report on the thermal spray coatings market


  • By Company Type – Tier 1– 20%, Tier 2–45%, and Tier 3–35%

  • By Designation –C-Level–25%,D-Level Executives – 20%and Others–55%

  • By Region – North America – 10%, Europe- 20%, Asia Pacific– 50%, Latin America- 15%, and Middle East & Africa–5%.


The leading thermal spray coatings manufacturers, globally, profiled in this report are Praxair Surface Technologies, Inc (US),  BodyCote (UK), Oerlikon Metco (Switzerland), Surface Technology (UK), H.C Starck GmbH(Germany), F.W. Gartner Thermal Spraying (US), Arc Spray (Pty) Ltd (South Africa), Metallisation Limited (UK), Plasma-Tec, Inc. (US), C&M Technologies GmbH (Germany), AMETEK Inc. (US), Flame Spray SpA (Italy), BryCoat Inc. (US), and Thermal Spray Technologies, Inc. (tst) (US).

Research Coverage:

The report covers the thermal spray coatings market on the basis of material, process, end-use industry, and region. This report aims at estimating the size and future growth potential of the thermal spray coatings market across various segmentation types. The report also includes an in-depth competitive analysis of the key market players along with their profiles and key growth strategies.

Key Benefits of Buying the Report

From an insight perspective, this report has been focusing on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the thermal spray coatings market, high-growth regions, and drivers, restraints, opportunities, and challenges in the thermal spray coatings market.

The report provides insights on the following pointers:


  • Market Penetration: A comprehensive information on various materials and processes of thermal spray coatings offered by top players operating in the thermal spray coatings market.

  • Product Development/Innovation: A detailed insight into upcoming thermal spray coatings, R&D activities, and new applications in various end-use industries in the thermal spray coatings market.

  • Market Development: A comprehensive information about the lucrative and emerging markets. The report analyzes the markets for thermal spray coatings across different regions.

  • Market Diversification: An exhaustive information about new products, untapped geographies, recent developments, and investments in the thermal spray coatings market.

  • Competitive Assessment: An in-depth assessment of strategies, products, and manufacturing capabilities of leading players in the thermal spray coatings market.

Thermal Spray Coatings Market by Material (Ceramics. Metals & Alloys), Process (Combustion Flame & Electrical), End-use Industry (Aerospace, Healthcare, Automotive, Energy & Power, Electronics), Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Thermal Spray Coatings Market
4.2 Thermal Spray Coatings Market, By Material
4.3 Thermal Spray Coatings Market, By Process
4.4 Thermal Spray Coatings Market, By Region
4.5 North America Thermal Spray Coatings Market, By Material and Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand From the Healthcare Industry
5.2.1.2 Reduced Maintenance Cost of Thermally Sprayed Parts
5.2.1.3 Thermal Spray Substituting Electroplating Processes
5.2.1.4 Boom in the Aerospace Industry
5.2.2 Restraints
5.2.2.1 Stringent Regulations for Thermal Spray Coatings
5.2.3 Opportunities
5.2.3.1 Adoption of New Measures to Conserve Energy & Harness Renewable Energy Sources
5.2.4 Challenges
5.2.4.1 Lack of Technical Skills
5.2.4.2 Low Investment in R&D Activities By End-Use Industries
5.3 Porter’s Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.1.1 Easy Availability of Raw Materials
5.3.1.2 Presence of A Large Number of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.2.1 Presence of A Large Number of Buyers
5.3.2.2 Large Volume Purchases
5.3.3 Threat of Substitutes
5.3.3.1 Availability of Substitutes
5.3.3.2 Cost of Available Substitutes
5.3.4 Threat of New Entrants
5.3.4.1 Presence of Established Players
5.3.4.2 Requirement for Specific Technical Skills
5.3.5 Intensity of Competitive Rivalry
5.3.5.1 Industry Concentration
5.3.5.2 Exit Barriers

6 Industry Trends
6.1 Aerospace Industry
6.2 Automotive
6.3 Agriculture

7 Thermal Spray Coatings Market, By Process
7.1 Introduction
7.2 Combustion Flame
7.3 Electrical

8 Thermal Spray Coatings Market, By Material
8.1 Introduction
8.2 Ceramics
8.3 Metals & Alloys
8.4 Others

9 Thermal Spray Coatings Market, By End-Use Industry
9.1 Introduction
9.2 Aerospace
9.2.1 Flame Tubes
9.2.2 Turbine Blades
9.2.3 Landing Gear
9.3 Automotive
9.3.1 Suspension Parts
9.3.2 Piston Rings
9.3.3 Turbochargers
9.3.4 Engine Parts
9.3.5 Chassis
9.3.6 Cylinder Liners
9.3.7 Exhaust Pipes
9.4 Healthcare
9.4.1 Orthopedics
9.4.2 Medical Instruments
9.4.3 Over-The-Counter Medicines
9.5 Energy & Power
9.5.1 Boilers
9.5.2 Shafts
9.5.3 Hydro Turbines
9.5.4 Power Generators
9.5.5 Compressor Blades
9.6 Electronics
9.6.1 Electronic Enclosures
9.6.2 Instrument Nuts
9.6.3 Magnetic Tapes
9.6.4 Dielectric Coatings
9.6.5 Shielding
9.7 Agricultural Machinery
9.7.1 Harvester Blades
9.7.2 Balers
9.7.3 Compressors
9.7.4 Threshing Components
9.7.5 Agricultural Pumps & Wastewater Treatment Equipment
9.8 Others
9.8.1 Food Processing
9.8.2 Defence
9.8.3 Printing

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 Us
10.2.1.1 The US is Projected to Lead the North American Thermal Spray Coatings Market During the Forecast Period
10.2.2 Canada
10.2.2.1 Increase in Investments Expected to Drive the Growth of the Thermal Spray Coatings Market in Canada
10.3 Europe
10.3.1 Germany
10.3.2 Growth of End-Use Industries is Expected to Drive the Thermal Spray Coatings Market in Germany
10.3.3 Uk
10.3.3.1 Increased Production of Automobiles and Government Investments are Projected to Fuel the Thermal Spray Coatings Market in the Uk
10.3.4 Russia
10.3.4.1 The Growth of the Automotive Industry is Expected to Drive the Thermal Spray Coatings Market in Russia
10.3.5 Italy
10.3.5.1 Increased Investments By the Government in the Healthcare and Automotive Industries is Expected to Drive the Thermal Spray Coatings Market in Italy
10.3.6 France
10.3.6.1 The Growth of the Aerospace Industry is Expected to Drive the Growth of Thermal Spray Coatings Market in France
10.3.7 Belgium
10.3.7.1 Growth of the Automotive & Healthcare Industries is Driving the Thermal Spray Coatings Market in Belgium
10.3.8 Rest of Europe
10.3.8.1 Growing Investments From Various Countries and Initiatives Taken By Governments to Promote Manufacturing are Projected to Boost the Thermal Spray Coatings Market in the Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China is Projected to Lead the Asia Pacific Thermal Spray Coatings Market During the Forecast Period
10.4.2 Japan
10.4.2.1 Increasing Urbanization, Capital Investments, and Technological Advancements are Expected to Drive the Thermal Spray Coatings Market in Japan
10.4.3 India
10.4.3.1 Increasing Foreign Investments are Driving the Thermal Spray Coatings Market in India
10.4.4 South Korea
10.4.4.1 Technological Advancements in the Field of Electronics are Projected to Drive the Thermal Spray Coatings Market in South Korea
10.4.5 Vietnam
10.4.5.1 Availability of Raw Materials is Expected to Fuel the Thermal Spray Coatings Market in Vietnam
10.4.6 Rest of Asia Pacific
10.4.6.1 Growth in Various Industries is Expected to Fuel the Thermal Spray Coatings Market in the Region
10.5 Latin America
10.5.1 Mexico
10.5.1.1 Increased Investments in the Automotive Industry are Expected to Drive the Thermal Spray Coatings Market in Mexico
10.5.2 Brazil
10.5.2.1 The Growth of the Automotive Industry is Expected to Drive the Thermal Spray Coatings Market in Brazil During the Forecast Period
10.5.3 Colombia
10.5.3.1 Growing Automotive and Construction Industries is Driving the Thermal Spray Coatings Market in Colombia
10.5.4 Argentina
10.5.4.1 The Growth of End-Use Industries is Fueling the Thermal Spray Coatings Market in Argentina
10.5.5 Rest of Latin America
10.5.5.1 Urbanization and the Presence of A Skilled Workforce are Expected to Drive the Thermal Spray Coatings Market in the Region
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.1.1 The Growth of the Automotive Industry is Projected to Drive the Thermal Spray Coatings Market in the Country
10.6.2 South Africa
10.6.2.1 Investments in the Manufacturing Sector are Expected to Drive the South African Thermal Spray Coatings Market
10.6.3 UAE
10.6.3.1 Rise in Healthcare Expenditure and Growth of the Aviation Sector are Expected to Drive the Growth of Thermal Spray Coatings Market in the Country
10.6.4 Egypt
10.6.4.1 Increased Focus to Harness Renewable Energy and Growth of the Healthcare Industry are Expected to Drive the Thermal Spray Coatings Market in Egypt
10.6.5 Rest of Middle East & Africa
10.6.5.1 Increase in Governmental Spending is Expected to Drive the Thermal Spray Coatings Market in the Rest of Middle East & Africa

11 Competitive Landscape
11.1 Introduction
11.1.1 Dynamic Differentiators
11.1.2 Innovators
11.1.3 Visionaries
11.1.4 Emerging Companies
11.2 Overview
11.2.1 Product Offerings
11.2.2 Business Strategies

12 Company Profiles
(Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Praxair Surface Technologies, Inc.
12.2 Oerlikon Metco
12.3 Bodycote
12.4 Surface Technology
12.5 H.C. Starck GmbH
12.6 Flame Spray Coating Company
12.7 Thermal Spray Technologies, Inc. (TST)
12.8 A&A Coatings
12.9 General Magnaplate Corporation
12.10 Plasma-Tec, Inc.
12.11 ASB Industries, Inc.
*Details on Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12.12 Other Leading Players
12.12.1 Polymet Corporation
12.12.2 Progressive Surface
12.12.3 Brycoat Inc.
12.12.4 Metallisation Limited
12.12.5 Exline, Inc.
12.12.6 Associated Wear Coatings, Inc.
12.12.7 Arc Spray (Pty.) Ltd.
12.12.8 F.W. Gartner Thermal Spraying
12.12.9 Flame Spray Spa
12.12.10 Tocalo Co., Ltd.
12.12.11 Treibacher Industrie Ag
12.12.12 GTV Verschleißschutz GmbH
12.12.13 Ametek Inc.
12.12.14 C&M Technologies GmbH

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.2 Available Customizations
13.3 Related Reports
13.4 Author Details

List of Tables

Table 1 Thermal Spray Coatings Market Snapshot
Table 2 Total Fleet Production By Region of Airbus:
Table 3 Total Fleet Production By Region of Boeing:
Table 4 Global Automotive (Vehicles) Production
Table 5 Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 6 Combustion Flame Thermal Spray Coatings Market, By Region, 2016–2023 (USD Million)
Table 7 Electrical Thermal Spray Coatings Market, By Region, 2016–2023 (USD Million)
Table 8 Thermal Spray Coatings Market, By Material, 2016–2023 (Tons)
Table 9 Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 10 Thermal Spray Coatings Market for Ceramics, By Region, 2016–2023 (Tons)
Table 11 Thermal Spray Coatings Market for Ceramics, By Region, 2016–2023 (USD Million)
Table 12 Thermal Spray Coatings Market for Metals & Alloys, By Region, 2016–2023 (Tons)
Table 13 Thermal Spray Coatings Market for Metals & Alloys, By Region, 2016–2023 (USD Million)
Table 14 Thermal Spray Coatings Market for Other Materials, By Region, 2016–2023 (Tons)
Table 15 Thermal Spray Coatings Market for Other Materials, By Region, 2016–2023 (USD Million)
Table 16 Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 17 Thermal Spray Coatings Market in Aerospace Industry, By Region, 2016–2023 (USD Million)
Table 18 Thermal Spray Coatings Market in Automotive Industry, By Region, 2016–2023 (USD Million)
Table 19 Thermal Spray Coatings Market in Healthcare Industry, By Region, 2016–2023 (USD Million)
Table 20 Thermal Spray Coatings Market in Energy & Power Industry, By Region, 2016–2023 (USD Million)
Table 21 Thermal Spray Coatings Market in Electronics Industry, By Region, 2016–2023 (USD Million)
Table 22 Thermal Spray Coatings Market in Agricultural Machinery Industry, By Region, 2016–2023 (USD Million)
Table 23 Thermal Spray Coatings Market in Other Industries, By Region, 2016–2023 (USD Million)
Table 24 Thermal Spray Coatings Market, By Region, 2016–2023 (USD Million)
Table 25 North America Thermal Spray Coatings Market, By Country, 2016–2023 (USD Million)
Table 26 North America Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 27 North America Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 28 North America Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 29 US Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 30 Canada Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Europe Thermal Spray Coatings Market, By Country, 2016–2023 (USD Million)
Table 32 Europe Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 33 Europe Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 34 Europe Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 35 Germany Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 36 UK Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 37 Russia Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 38 Italy Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 39 France Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 40 Belgium Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 41 Rest of Europe Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 42 Asia Pacific Thermal Spray Coatings Market, By Country, 2016–2023 (USD Million)
Table 43 Asia Pacific Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 44 Asia Pacific Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 45 Asia Pacific Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 46 China Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 47 Japan Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 48 India Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 49 South Korea Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 50 Vietnam Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 51 Rest of Asia Pacific Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 52 Latin America Thermal Spray Coatings Market, By Country, 2016–2023 (USD Million)
Table 53 Latin America Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 54 Latin America Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 55 Latin America Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 56 Mexico Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Brazil Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 58 Colombia Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 59 Argentina Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 60 Rest of Latin America Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 61 Middle East & Africa Thermal Spray Coatings Market, By Country, 2016–2023 (USD Million)
Table 62 Middle East & Africa Thermal Spray Coatings Market, By Material, 2016–2023 (USD Million)
Table 63 Middle East & Africa Thermal Spray Coatings Market, By Process, 2016–2023 (USD Million)
Table 64 Middle East & Africa Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 65 Saudi Arabia Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 66 South Africa Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 67 UAE Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 68 Egypt Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)
Table 69 Rest of Middle East & Africa Thermal Spray Coatings Market, By End-Use Industry, 2016–2023 (USD Million)

List of Figures

Figure 1 Thermal Spray Coatings Market Segmentation
Figure 2 Thermal Spray Coatings Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Thermal Spray Coatings Market: Data Triangulation
Figure 6 Ceramics Projected to Be Most Widely Consumed Material in Thermal Spray Coatings Market Between 2018 and 2023
Figure 7 Combustion Flame is the Largest Process Segment of Thermal Spray Coatings Market in 2017
Figure 8 Aerospace Projected to Be Largest End-Use Industry of Thermal Spray Coatings Market Between 2018 and 2023
Figure 9 Asia Pacific Thermal Spray Coatings Market Projected to Grow at Highest CAGR During Forecast Period
Figure 10 Asia Pacific Thermal Spray Coatings Market to Grow at Highest CAGR During Forecast Period
Figure 11 Ceramics Material Segment Expected to Lead Market During the Forecast Period
Figure 12 Combustion Flame Segment Projected to Lead During Forecast Period
Figure 13 North America Accounted for Largest Share of Thermal Spray Coatings Market in 2017
Figure 14 US Accounted for Larger Share of Thermal Spray Coatings Market in North America in 2017
Figure 15 Thermal Spray Coatings Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Porter’s Five Forces Analysis
Figure 17 Region-Wise Agricultural Imports and Exports
Figure 18 Combustion Flame Segment to Grow at Higher CAGR Than Electrical Segment During Forecast Period
Figure 19 Healthcare End-Use Industry Segment to Witness Highest CAGR During Forecast Period
Figure 20 Asia Pacific is Fastest Growing Market for Thermal Spray Coatings During the Forecast Period 2018 to 2023
Figure 21 North America Thermal Spray Coatings Market Snapshot
Figure 22 Europe Thermal Spray Coatings Market Snapshot
Figure 23 Asia Pacific Thermal Spray Coatings Market Snapshot
Figure 24 Latin America Thermal Spray Coatings Market Snapshot
Figure 25 Middle East & Africa Thermal Spray Coatings Market Snapshot
Figure 26 Dive Chart
Figure 27 Praxair Surface Technologies, Inc.: Company Snapshot
Figure 28 SWOT Analysis
Figure 29 Oerlikon Metco: Company Snapshot
Figure 30 SWOT Analysis
Figure 31 Bodycote: Company Snapshot
Figure 32 SWOT Analysis
Figure 33 SWOT Analysis
Figure 34 SWOT Analysis
Figure 35 SWOT Analysis
Figure 36 SWOT Analysis

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