DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Thermal Spray Coatings Market - Global Forecast to 2021" report to their offering.
The thermal spray coatings market is projected to reach USD 11.44 billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The increasing use of thermal spray coatings in various end-use industries, such as aerospace, automotive, healthcare, energy & power, electronics, and agriculture, among others, is expected to fuel the growth of the thermal spray coatings market during the forecast period.
The demand for thermal spray coatings is increasing across different industries as these coatings are used for coating engineered components. However, lack of technical skills to carry out thermal spray coatings processes and low investments to carry out R&D activities in various end-use industries are the major challenges for the growth of the thermal spray coatings market during the forecast period.
The aerospace end-use industry segment is projected to lead the thermal spray coatings market between 2016 and 2021. Thermal spray coatings are being increasingly used in the aerospace industry as they protect engineered components from corrosion and abrasion.
The healthcare end-use industry segment of the thermal spray coatings market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to increased use of thermal spray coatings for orthopedic implants, medical instruments, and apparatuses, among others.
- A & A Coatings
- ARC Spray (PTY) Ltd
- Asb Industries, Inc.
- Associated Wear Coatings
- Brycoat Inc.
- Exline, Inc.
- Flame Spray Coating Company
- General Magnaplate Corporation
- H.C. Starck GmbH
- Metallisation Limited
- Oerlikon Metco
- Plasma-Tec, Inc.
- Polymet Corporation
- Praxair Surface Technologies, Inc.
- Progressive Surface
- Surface Technology
Thermal Spray Technologies, Inc. (Tst)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Thermal Spray Coatings Market, By Process
7 Thermal Spray Coatings Market, By Material
8 Thermal Spray Coatings Market, By End-Use Industry
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/mvdzrr/thermal_spray