New York, NY -- (SBWIRE) -- 06/29/2016 -- Thermal Spray Coatings Market: Overview

In order to change the surface properties of products such as improving thermal conductivity or wear resistance and to provide protection to metals against corrosion thermal spaying is widely used. Thermal spray coatings also known as Arc Spray, Flame Spray, and Plasma Spray and consist of coating material in wire or powder form and melted into small droplets by means of heat source which is further sprayed onto surface at high speed. The substrates onto which the thermal sprayed coatings are applied are either metal substrate or plastic substrates in order to improve and enhance the performance of the final product. Nowadays, thermal sprayed coatings is an effective alternative to various surface treatments such as anodizing, weld overlay, chrome and nickel plating and heat or nitride treat process. Major coatings material used in thermal spray coatings are stainless steel, tungsten carbides, ceramics, etc. such types of broad choice of materials provides manufactures with grater design flexibility while improving the overall performance of end products.

Request TOC (table of content), Figures and Tables of the Report: http://www.persistencemarketresearch.com/toc/11173

Thermal Spray Coatings Market: Drivers and Restraints

Thermal spray coatings is used across a diverse range of industries such as surface treatment industry, automotive industry, aerospace and electrical & electronics industry. For instance, in marine industry to meet and exceed the high performance standards in aggressive, corrosive and wear environments products with dense strong coatings of metals and cermets are required which is achieved by application of thermal spray coatings. Increasing global industrial production index, increasing demand of automotive components, growing demand for healthcare equipment are some of the major factors driving the growth of the global thermal spray coatings system market. Also, decline in production level of the products using thermal spray coatings in Europe region as it is importing most of the components from Asia Pacific may hamper the growth of the thermal spray coating to certain level.

Thermal Spray Coatings Market: Segmentation

On the basis of process type, the global thermal spray coatings market is segmented into four categories namely arc spay, flame Spray, plasma spray and high velocity oxygen fuel (HVOF). On the basis of end use industry the market is segmented into transportation & automotive, energy, aerospace & defense, industrial goods, healthcare, and others. On the basis of region the market is segmented into six key regions namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific and Middle East and Africa.

Thermal Spray Coatings Market: Region-wise Outlook

In terms of market size, Asia Pacific was the largest market, followed by North America and Europe respectively. Also, when compared to other region Asia Pacific is forecast to remain predominant over the forecast period while exhibiting a higher CAGR during the forecast period. On country level, China and India; developing economies of Asia Pacific is expected to play major role in demand for the thermal spray coatings due to rapid industrialization to meet the demand of various components such as automotive door module and large healthcare equipment. In North America, aerospace and defense industry is expected to play major role in growth of the market over the forecast period.

Thermal Spray Coatings Market: Key Players

On global level the market is dominated by few players due to consolidation and acquisitions over the long life cycle of the fertilizer market. However, owing to the huge potential of the market it is partly fragmented with large number of local small and medium sized players who offer low cost generic formulations to the farmers. Key players identified in global thermal spray coatings market include Praxair Surface Technologies, Kurt J. Lesker Co., Bodycote PLC, and Metallisation Ltd. among many others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications. The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain

Regional analysis includes:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

To Buy this Full Report: http://www.persistencemarketresearch.com/checkout/11173

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Key points covered in the report

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation
North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market

5) The report also provides porters five forces analysis of the market.-

PMR for Journalist: http://www.persistencemarketresearch.com/page/journalist-resources.asp

About Persistence Market Research
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.