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Thermal Spray Equipment Market Share

Report ID: GMI11623
Published Date: Sep 2024
Report Format: PDF

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Thermal Spray Equipment Market Share

The thermal spray equipment industry seems to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Linde, Aimtek, Curtiss-Wright, Saint Gobain, A&A Thermal Spray Coatings, Ador Fontech, Alloy Metal Surface Technologies and Bodycote collectively held around 10%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Thermal Spray Equipment Market Companies

Major players operating in the thermal spray equipment industry are:

A&A Thermal Spray Coatings
Ador Fontech
Aimtek
Alloy Metal Surface Technologies
Bodycote
Brycoat
Curtiss-Wright
Hannecard Roller Coatings
Hoganas
Kennametal
Lincoln Electric
Linde
Oerlikon
Saint Gobain
Wall Colmonoy

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of thermal spray equipment was reached USD 12.5 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2032, driven by the extensive use of thermal spray equipment across various industries, including aerospace, automotive, electronics, and energy.

In 2023, the spray system segment was valued at over USD 3.2 billion and is anticipated to reach USD 5.6 billion by 2032, on account of expanding aerospace, automotive, and energy sectors, which require high-performance coatings to meet their needs.

The metals segment dominated the market with a share of approximately 41% in 2023, due to their superior mechanical properties, wear resistance, and thermal stability.

North American thermal spray equipment market was valued at over USD 3.3 billion in 2023 and is projected to hit USD 5.4 billion by 2032, propelled by a focus on innovation and fuel efficiency.

A&A Thermal Spray Coatings, Ador Fontech, Aimtek, Alloy Metal Surface Technologies, Bodycote, Brycoat, Curtiss-Wright, Hannecard Roller Coatings, Hoganas, Kennametal, Lincoln Electric, Linde, Oerlikon, Saint Gobain, Wall Colmonoy are some of the major key players.