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Showing posts with the label Thermal Spray Coatings Market

Thermal Spray Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2020 - 2027)

  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, and th

Thermal Spray Coatings Market research-Development Trends, Threats, Opportunities and Competitive Landscape in 2027

  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