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Thermal spray powder product insight
Jul 17, 2018

Thermal spray coatings products include metal, ceramic, intermetallic, polymer, carbides, abradables and self-fluxing alloys.Ceramics is expected to be the largest growing product segment at a CAGR of 6.9% from 2017 to 2025. Increasing preference for high-performance ceramic coatings in various sectors, including healthcare, aerospace & defense, fiber-optic communications, energy, industrial goods, environmental protection is expected to drive industry growth over years.

Strict government regulations, mainly in North America and Europe, are expected to drive demand for environmental-friendly products, which in turn will augment industry growth during the forecast period. In addition, new product launches, along with increasing investments by companies, is expected to further fuel industry growth over the forecast years.

Metals accounted for 22.3% share of the overall market in 2016. Wide range of microstructures, speed of coating deposition and feedstock flexibility make the products a lucrative option for a use on metals, and hence, will be a key market driver over the forecast years. Stringent regulations, most notably those laid out by the EPA and AFSP, led to the use of these products in the automobile sector, on account of increasing consumer safety and environmental protection. In addition, increasing demand for aluminum for protection of steel in offshore structures is expected to propel industry growth.








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