Global Technology Report

Thermal Spray Coatings Market: Opportunities and Challenges

 Breaking News
  • No posts were found

Thermal Spray Coatings Market: Opportunities and Challenges

October 21
18:02 2019
Thermal Spray Coatings Market: Opportunities and Challenges

Browse 153 market data Tables and 36 Figures spread through 145 Pages and in-depth TOC on “Thermal Spray Coatings Market”
Thermal Spray Coatings Market by Material (Ceramics. Metals & Alloys), Process (Combustion Flame & Electrical), End-use Industry (Aerospace, Healthcare, Automotive, Energy & Power, Electronics), Region

The thermal spray coatings market size was USD 9,911.9 million in 2018 and is projected to register a CAGR of 6.7% between 2018 and 2023.

Downloads PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181347083

Browse 153 market data Tables and 36 Figures spread through 145 Pages and in-depth TOC on “Thermal Spray Coatings Market

How is the adoption of new measures to conserve energy & harness renewable energy sources creating an opportunity for market growth?

The growing demand for energy and power has increased the consumption of fossil fuels, which leads to carbon dioxide emission into the atmosphere resulting in extreme climatic changes. Governments across the globe are setting up renewable energy plants in order to produce, adopt, and harness energy from renewable sources. These power plants employ various components, such as wind turbines, shafts, and fans. To protect these components from wear and corrosion, thermal spray coatings can be applied to them, which will, in turn, contribute to the growth of the thermal spray coatings market.

Request for Sample of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=181347083

How is the lack of technical skills challenging the market growth?

The thermal spray coating process is a high-precision surface coating process. Additionally, customers of this process require the finest quality output. Therefore, technicians carrying out this process need to have expertise in selecting the most suitable suspension particles to achieve better-nanostructured coatings for advanced applications. The process also employs instruments and sensors that can measure the particle velocity to obtain high-quality results for substrate materials. Thus, the ability to deal with light alloys in controlled temperature in heavy engineering projects is a critical skill required for technicians. Thermal spray coatings are also applied through different processes using different materials. To provide better quality, it is also necessary for manufacturers to adequately understand the processes, materials, equipment, and systems used in thermal spray coatings. Moreover, additional knowledge is required to operate the equipment used in the thermal spray coating process. Hence, thermal spray coatings require high-skilled technicians, which the market lacks. Therefore, the lack of technical skills poses a challenge to the growth of the thermal spray coatings market.

Related Reports:

Polymer Modified Cementitious Coatings Market by Polymer Type (Acrylic Polymer and SBR Latex), Application (Non-Residential Buildings, Residential Buildings, and Public Infrastructures), and Region – Global Forecast to 2022

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/thermal-spray-coating-market-181347083.html

Categories