Title: Thermal Spray Materials Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Thermal Spray Materials Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Thermal Spray Materials Market size is expected
to be valued at 10.8 billion by the end of the
year 2026 and the thermal spray materials
industry is set to grow at a CAGR of 7.4 during
the forecast period from 2021-2026. - The increase in the adoption of combustion
flame, a process for applying coatings in various
end-use industries such as aerospace, automobile
and marine industry is driving the thermal spray
materials market. - Thermal spray materials are coating
materials that are used for applying coating
layers to various products such as electronics,
heavy machineries, aircrafts and others. Thermal
spray materials are done through spraying
technology and/or chemical vapor deposition which
will react to produce the desired coating film on
the substrate/product.
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3There has been an increase in Global warming and
CO2 emissions post lockdowns.
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- Key Takeaways
- North American market held the largest share in
the thermal spray materials market owing to the
large production of automotive and aircrafts in
the region. - The increase in the demand for coating
materials in the electrical and electronics
industry, especially in semiconductors is driving
the thermal spray materials market. - During the Covid-19 pandemic, the thermal spray
materials market witnessed various drawbacks
leading to the market incurring losses. The
situation is however set to improve by the year
end of 2021.
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- By Distribution Channel- Segment Analysis
- Ceramics segment held the largest share of 38 in
the thermal spray materials market in the year
2020. Ceramic thermal coatings are widely used
as coating materials in the automobile industry
and aerospace industry. - Chemical (Combustion flame) segment held the
largest share of 54 in the thermal spray
materials market in the year 2020. Combustion
flame is a widely used process in the recent
times owing to the many advantages offered by the
process.
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- Thermal Spray Materials Market Industry Outlook
- Castolin Eutectic
- Treibacher Industries AG
- Linde plc
- OC Oerlikon Management AG
- H.C. Starck GmbH
- Höganäs AB
- Praxair Surface Technologies Inc.
- BodyCote
- Oerlikon Metco
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Thermal Spray Materials Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Research/T
hermal-Spray-Materials-Market-Research-502949
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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