Global Thermal Spray Materials Market Present Scenario and Future Forecast to 2024
Analytical Research Cognizance adds “Thermal Spray Materials Market” Report 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024.
(EMAILWIRE.COM, July 11, 2019 ) Market Overview
The thermal spray materials market is expected to register a CAGR of 7.14% during the forecast period, 2019 – 2024. Major factors driving the market studied are increasing demand for high performance customized alloy powders in the automotive industry and rising popularity of thermal spray ceramic coatings. On the other hand, issues regarding process reliability and consistency and emergence of hard trivalent coating are expected to hinder the market’s growth.
Request a sample of Thermal Spray Materials Market report @ http://www.arcognizance.com/enquiry-sample/382011
- The aerospace industry dominated the market in 2018, and it is expected to continue the growth during the forecast period, owing to the increasing demand for passenger travel and increasing production of commercial aircraft across the world.
- Recycling of thermal spray processing materials and advancements in spraying technology are likely to act as the opportunities in the future.
- North America dominated the market followed by Asia-Pacific and Europe across the world, with the largest consumption from the countries, such as United States, China, and Germany, among others.
Key Market Trends
Increasing Demand for High Performance Customized Alloy Powders in the Automotive Industry
- In Asia-Pacific (especially in India), a noticeable market trend is evident in the form of increased demand for high performance customized alloy powders. This is particularly evident in the automotive industry, where high-performance engine components, such as turbochargers, require high temperature resistance materials.
- The automotive manufacturing sector in the Asia-Pacific region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the surge in investments and expansion in production facilities in the region.
- Major car manufacturers, such as Chevrolet, Daimler, Jeep, Audi, Volvo, and Kia, have either set up their automotive manufacturing facilities or are planning to start new facilities in the Asia-Pacific region in the near future.
- China is the largest producer of motor vehicles in the world, with more than 27 million motor vehicles produced in 2018. The strong GDP and income growth rate, stronger demands from lower-tier cities, declining prices, and government support for promoting new-energy vehicles are expected to drive the automotive market further.
- Similarly, motor vehicle production in India increased by around 8% during 2018, from 4,792,231 vehicles produced in 2017 to 5,174,645 vehicles in 2018. In India, with increasing demand for vehicles, several automobile manufacturers have started investing heavily in various segments of the industry.
- The thermal spray coatings used for cylinder bores in automotive engines are expected to witness robust demand in the region, over the forecast period. Coatings applied for transmission and suspension parts are also projected to witness a growth in the consumption rates in the Asia-Pacific region.
Access this report of Thermal Spray Materials Market @ http://arcognizance.com/report/thermal-spray-materials-market-growth-trends-and-forecast-2019-2024
North America is Expected to Dominate the Market
North America was found to be the major market for the consumption of thermal spray materials, followed by Asia-Pacific and Europe. The domination by the region is majorly owing to the presence of the globally renowned civil and military aircraft manufacturers, such as Boeing, Airbus, and Bombardier, among others. The aerospace manufacturers in the region are highly competitive internationally. Investors in the US aerospace industry are supported by the Federal Aviation Administration’s (FAA) “gold standard” of aviation safety, helping in boosting the confidence of buyers and passengers globally. The moderate growth in the other end-user industries for thermal spray materials is also expected to drive the consumption of thermal spray materials in the region. The aforementioned factors are contributing to the increasing demand for thermal spray materials in the region and the same trend is expected to continue during the forecast period.
Competitive Landscape
The global thermal spray materials market is fragmented, with intense competition among the top players to capture the major share in the global market. The major companies include Oerlikon Metco, Praxair S.T. Technology Inc., Hoganas AB, Kennametal Inc., Sandvik AB, and H.C. Starck GmbH.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/382011
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: COMPETITIVE LANDSCAPE
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Current Progress in Solution Precursor Plasma Spraying of Cermets
7.2 Robust Hydrophobic Surfaces from Suspension HVOF Thermal Sprayed Rare Earth Oxide Ceramics Coatings
7.3 Development of Air Plasma Thermal Spray Coating for Thermal Barrier Coating and Oxidation Resistance Applications on Ni-base Super Alloys
7.4 Significant Popularity of Thermal Spray for Electronics and Sensing Applications
7.5 Industrial Scale Production of Environmental Barrier Coatings (EBC) Thermal Spray Powders
7.6 Recycling of Thermal Spray Processing Materials
7.7 Advancements in Spraying Technology
7.8 Emerging Solutions for the Mining and Oil and Gas Industries
Request a sample of Thermal Spray Materials Market report @ http://www.arcognizance.com/enquiry-sample/382011
Our Most Trending Other Press Release:
Autonomous Parking Systems Market 2019 Size, Share, Growth, Global Technology Analysis, Global Technological-Advancements, Application, Industry Present-Scenario and Future-Predictions by 2024 @ http://www.reuters.com/brandfeatures/venture-capital/article?id=90589
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics based on the data collection facilities of big data, the face of business research facilities has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the out of the box developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
The thermal spray materials market is expected to register a CAGR of 7.14% during the forecast period, 2019 – 2024. Major factors driving the market studied are increasing demand for high performance customized alloy powders in the automotive industry and rising popularity of thermal spray ceramic coatings. On the other hand, issues regarding process reliability and consistency and emergence of hard trivalent coating are expected to hinder the market’s growth.
Request a sample of Thermal Spray Materials Market report @ http://www.arcognizance.com/enquiry-sample/382011
- The aerospace industry dominated the market in 2018, and it is expected to continue the growth during the forecast period, owing to the increasing demand for passenger travel and increasing production of commercial aircraft across the world.
- Recycling of thermal spray processing materials and advancements in spraying technology are likely to act as the opportunities in the future.
- North America dominated the market followed by Asia-Pacific and Europe across the world, with the largest consumption from the countries, such as United States, China, and Germany, among others.
Key Market Trends
Increasing Demand for High Performance Customized Alloy Powders in the Automotive Industry
- In Asia-Pacific (especially in India), a noticeable market trend is evident in the form of increased demand for high performance customized alloy powders. This is particularly evident in the automotive industry, where high-performance engine components, such as turbochargers, require high temperature resistance materials.
- The automotive manufacturing sector in the Asia-Pacific region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the surge in investments and expansion in production facilities in the region.
- Major car manufacturers, such as Chevrolet, Daimler, Jeep, Audi, Volvo, and Kia, have either set up their automotive manufacturing facilities or are planning to start new facilities in the Asia-Pacific region in the near future.
- China is the largest producer of motor vehicles in the world, with more than 27 million motor vehicles produced in 2018. The strong GDP and income growth rate, stronger demands from lower-tier cities, declining prices, and government support for promoting new-energy vehicles are expected to drive the automotive market further.
- Similarly, motor vehicle production in India increased by around 8% during 2018, from 4,792,231 vehicles produced in 2017 to 5,174,645 vehicles in 2018. In India, with increasing demand for vehicles, several automobile manufacturers have started investing heavily in various segments of the industry.
- The thermal spray coatings used for cylinder bores in automotive engines are expected to witness robust demand in the region, over the forecast period. Coatings applied for transmission and suspension parts are also projected to witness a growth in the consumption rates in the Asia-Pacific region.
Access this report of Thermal Spray Materials Market @ http://arcognizance.com/report/thermal-spray-materials-market-growth-trends-and-forecast-2019-2024
North America is Expected to Dominate the Market
North America was found to be the major market for the consumption of thermal spray materials, followed by Asia-Pacific and Europe. The domination by the region is majorly owing to the presence of the globally renowned civil and military aircraft manufacturers, such as Boeing, Airbus, and Bombardier, among others. The aerospace manufacturers in the region are highly competitive internationally. Investors in the US aerospace industry are supported by the Federal Aviation Administration’s (FAA) “gold standard” of aviation safety, helping in boosting the confidence of buyers and passengers globally. The moderate growth in the other end-user industries for thermal spray materials is also expected to drive the consumption of thermal spray materials in the region. The aforementioned factors are contributing to the increasing demand for thermal spray materials in the region and the same trend is expected to continue during the forecast period.
Competitive Landscape
The global thermal spray materials market is fragmented, with intense competition among the top players to capture the major share in the global market. The major companies include Oerlikon Metco, Praxair S.T. Technology Inc., Hoganas AB, Kennametal Inc., Sandvik AB, and H.C. Starck GmbH.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/382011
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: COMPETITIVE LANDSCAPE
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Current Progress in Solution Precursor Plasma Spraying of Cermets
7.2 Robust Hydrophobic Surfaces from Suspension HVOF Thermal Sprayed Rare Earth Oxide Ceramics Coatings
7.3 Development of Air Plasma Thermal Spray Coating for Thermal Barrier Coating and Oxidation Resistance Applications on Ni-base Super Alloys
7.4 Significant Popularity of Thermal Spray for Electronics and Sensing Applications
7.5 Industrial Scale Production of Environmental Barrier Coatings (EBC) Thermal Spray Powders
7.6 Recycling of Thermal Spray Processing Materials
7.7 Advancements in Spraying Technology
7.8 Emerging Solutions for the Mining and Oil and Gas Industries
Request a sample of Thermal Spray Materials Market report @ http://www.arcognizance.com/enquiry-sample/382011
Our Most Trending Other Press Release:
Autonomous Parking Systems Market 2019 Size, Share, Growth, Global Technology Analysis, Global Technological-Advancements, Application, Industry Present-Scenario and Future-Predictions by 2024 @ http://www.reuters.com/brandfeatures/venture-capital/article?id=90589
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics based on the data collection facilities of big data, the face of business research facilities has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the out of the box developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
Contact Information:
Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
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Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results