New York, Aug. 25, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Thermal Spray Coatings Market by Materials, Process, End-Use Industry and Region – Global Forecast to 2028” – https://www.reportlinker.com/p05123138/?utm_source=GNWBased on the process, the combustion flame is estimated to be the largest segment during the forecast period.The combustion flame process facilitates excellent bond strength and adhesion between the coating and substrate.Based on material, ceramics is estimated to account for the largest share during the forecast period.Ceramic coatings possess excellent electrical insulation properties.Based on end-use, aerospace is estimated to account for the largest share during the forecast period.Thermal spray coatings are employed in thermal protection systems (TPS) for spacecraft and re-entry vehicles.North America is projected to register the greatest share in the thermal spray coatings market from 2023 to 2028.The automotive industry in North America is another key driver of the thermal spray coatings market.• By Company Type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%
• By Designation: C-level Executives – 20%, Directors – 50%, and Others – 30%
• By Region: North America – 25%, Europe –15%, Asia Pacific – 30%, and Latin America-20%, Middle East & Africa-10%
The thermal spray coatings report is dominated by players such as Praxair ST Technologies, Inc. (US), H.C Starck Gmbh (Germany), Bodycote (UK), and Oerlikon Metco (Switzerland), BryCoat Inc. (US), Thermal Spray Technologies Engineered Coatings Solution (US), F.W. Gartner Thermal Spraying (US), Arc Spray (Pty) Ltd. (South Africa), Metallisation Limited (UK), Plasma-Tec, Inc. (US), GTV Verschleiss-Schutz (Germany), and others.The report defines, segments, and projects the thermal spray coatings market size based on process, material, end-use, and region.It strategically profiles the key players and comprehensively analyzes their market share and core competencies.The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the thermal spray coatings market and its segments.This report is also expected to help stakeholder businesses and the market’s competitive landscape better, gain insights to improve the position of their companies and make suitable go-to-market strategies.• Analysis of key drivers (growing demand from the healthcare industry, the reduced maintenance cost of thermally sprayed parts, thermal spray substituting electroplating processes, the boom in the aerospace industry), restraints (stringent regulations for thermal spray coatings), opportunities (adoption of new measures to conserve energy & harness renewable energy sources), and challenges (lack of technical skills, low investment in R&D activities by end-use industries) influencing the growth of the thermal spray coatings market.
• Market Development: Comprehensive information about lucrative markets – the report analyses
the thermal spray coatings market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped
geographies, recent developments, and investments in the thermal spray coatings market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service
offerings of leading players like Praxair ST Technologies, Inc. (US), H.C Starck Gmbh (Germany), Bodycote (UK), and Oerlikon Metco (Switzerland), Surface Technology (UK), among others in the thermal spray coatings market.
Read the full report: https://www.reportlinker.com/p05123138/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)