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  Market Highlights Global Thermal Spray Coatings Market is projected to be valued at over  USD 9.7 Billion by 2027  and exhibit a moderate CAGR of around 4.8% during the forecast period. The growth of the global thermal spray coatings market is primarily driven by the healthy growth of the aerospace industry. In the aerospace industry, the use of high-quality thermal spray coatings results in increased fuel efficiency, reduced maintenance cost, and higher speed in aircraft and rotorcraft engines, as well as other related components. Typical thermal spray coatings applications include rotor-path linings, high-pressure turbine seals, compressor seals, bearings, oil seals, crankshafts, cylinders, and piston rings. The global commercial aircraft industry is expected to witness healthy growth in the coming years. Recovery in the global gross domestic product (GDP), stable commodity prices (including crude oil), growth in passenger travel, especially in Asia-Pacific, Latin America, an

  The global thermal spray coatings market is segmented by the coating material, heat source, process, end-use industry, and region. On the basis of the coating material, the global thermal spray coatings market is segmented into ceramic, carbide, metal & alloys, polymer, and cermet. The metal & alloys coating materials accounted to hold the major market share of the global thermal spray coatings market undercoating material category owing to wide acceptance in different applications such as protecting large steel structures of buildings & bridges, automotive components, healthcare components, and other industrial components. On the basis of the heat source, the global thermal Spray Coatings Market is segmented into combustion flame and electrical energy. Use of electrical energy as a heat source is widely preferred in different applications in 2017 on account of its advantages such as fast deposition rates, larger surface area coverage, and eco-friendly nature, and is e