$15+ Bn Thermal Spray Coatings Market by Product (Metal, Ceramics, Abradable), by Technology (Plasma Spray, HVOF), by Application (Aerospace, Medical), and Segment - Global Forecast to 2030 - ResearchAndMarkets.com
The global thermal spray coatings market size is anticipated to reach USD 15.41 billion by 2030 growing at a CAGR of 4.8% over the forecast period.
- The global thermal spray coatings market size is anticipated to reach USD 15.41 billion by 2030 growing at a CAGR of 4.8% over the forecast period.
- The global market growth is attributed to the developments in aerospace, automotive, industrial gas turbines, oil & gas, steel, printing, and medical applications.
- The thermal spray coatings provide electrical/thermal conductivity, enhanced wear resistance, lubricity, chemical resistance, heat resistance, and corrosion resistance to the machine parts.
- Thermal spray coating manufacturers enter into technological collaborations to enhance the current technologies for better market positioning.