The global thermal spray market is spanned across five regions of the world namely Europe, Asia Pacific, Latin America, North America and the Middle East Africa. Among these, North America holds a major share of the global market and is projected to be the leading market, owing to the increasing consumption of thermal spray in the oil gas, steel and oil and gas industry among others. It is estimated that the aerospace end-user segment is set to observe the highest CAGR in the market followed by the oil and gas activities in the developing regions to meet their energy requirements.

The North American market is expected to grow at a steady CAGR due to extensive consumption of thermal spray in the aerospace and automobile sector. The Canada. and the U.S. have achieved a significant place in the market due to the growing oil and gas activities post the shale gas boom in the region. Moreover, the growing use of the industrial gas turbine is expected to augment the growth during the forecast period further.

The Middle East Thermal Spray Market is expected to witness a steady growth due to the growing oil and gas activities in the region. The growing exploration and production activities in the region has boosted the use of thermal spray in the sleeves, hydraulic pumps, compressor rods, lip seal seats, rotors extruders, and pump shafts among others.

A moderate development is achieved in the European market due to the growing adoption of the product in the automobile and aerospace industry. Moreover, the developed medical industry is also propelling the growth of the market. Furthermore, the growing investment in oil and gas mainly in Russia is expected to contribute to the growth of the market substantially. Europe was the second largest market for thermal spray in 2016 and is expected to show a CAGR of above 5% during the assessed years.

Segmentation

The global thermal spray equipment market is segmented into product, application, and technology. On the basis of the product type, the market is segregated into metals, ceramics, intermetallic, polymers, carbides, abradable and others. The market by technology is further categorized into cold spray, flame spray, plasma spray, HVOF, electric arc spray, and others. On the basis of the application, the market is segregated into aerospace, industrial gas turbine, automotive, medical, printing, oil gas, steel, pulp paper, and others

Get Free Sample Report Link Here @

https://www.marketresearchfuture.com/sample_request/5561

Key Players

Some of the prominent players operating in the global Thermal Spray market are A A Thermal Spray Coatings (U.S.), Flame Spray Coating Company (U.S.), General Magnaplate Corporation (U.S.), Praxair Surface Technologies, Inc. (U.S.), Oerlikon Metco (Switzerland), Plasma-Tec, Inc. (U.S.), Surface Technology Inc (U.K.), H.C. Starck GmbH (Germany), and ASB Industries, Inc. (U.S.), among others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members. 

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com 

Related Report:

https://www.marketresearchfuture.com/reports/aluminum-trihydrate-market-5922

https://www.marketresearchfuture.com/reports/redispersible-polymer-powder-market-5274

https://www.marketresearchfuture.com/reports/cesium-hydroxide-market-1027

https://www.marketresearchfuture.com/reports/vinyl-acetate-monomer-market-6237