Thermal spray powders are powder materials. Metals, ceramic, cermet and selected polymeric materials often fed in the form of powders for the coating process. These thermal spray powders are being coated onto the surface of the substrate to enhance the life and performance of the substrates. These powders are applied to provide wear resistance, thermal insulation and electrical insulation in the variety of application. These thermal spray powders are produced with uniform chemistry and particle size control, which deliver maximum deposit efficiency for optimal coating performance. Aluminum-based powders, copper-based powders, chromium oxide-based powders, zirconium oxide-based powders, chromium carbide based powders, etc. are some of the different types of thermal spray powders. Thermal spray powders are used in abrasive, corrosive and high-temperature applications. Industries such as aerospace, automotive, power, etc. have wide usage of thermal spray powders for the coating process.
MARKET DYNAMICS
Increasing demand for customized high performance alloy powders will drive the growth of demand for thermal spray powder market. Additionally, growing demand for the thermal spray powder coating as an alternative to the hard chrome powder will further imply in the demand growth for the thermal spray powder market. Predominantly, the emergence of high trivalent powder may hamper the thermal powder market. However, advancements of thermal spray technology and the emergence of plasma spraying of cermet will create opportunities for the thermal spray powders market.
MARKET SCOPE
The "Thermal Spray Powder Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermal spray powder market with detailed market segmentation by powder type, end-user industry and region. The thermal spray powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermal spray powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The thermal spray powder market is segmented on the basis of powder type, end user industry. On the basis of powder type, the thermal spray powder market is segmented into, tungsten carbide, molybdenum, chrome carbide, other powder types. On the basis of end user industry, the thermal spray powder market is segmented into aerospace, automotive, industrial gas turbines, oil & gas, power, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the thermal spray powder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermal spray powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermal spray powder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the thermal spray powder market in these regions.
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MARKET PLAYERSThe reports cover key developments in the thermal spray powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thermal spray powder market are anticipated to lucrative growth opportunities in the future with the rising demand for thermal spray powder in the global market. Below mentioned is the list of few companies engaged in the thermal spray powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermal spray powder market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Bay State Surface Technologies Inc. (AIMTEK)
-Carpenter Powder Products (CRS Holdings Inc.)
-Global Tungsten & Powders
-Hoganas AB
-Kennametal Inc.
-Plasma Powders & Systems Inc.
-Polymet Corp.
-Powder Alloy Corporation
-Praxair ST Technology Inc.
-The Fisher Barton Group (Lineage Alloys)
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