Blogforpr

 The global thermal spray market share is spanned across five regions of the world namely Europe, Asia Pacific, Latin America, North America and the Middle East & Africa. Among these, North America holds a major share of the global market and is projected to be the leading market, owing to the increasing consumption of thermal spray in the oil & gas, steel and oil and gas industry among others. It is estimated that the aerospace end-user segment is set to observe the highest CAGR in the market followed by the oil and gas activities in the developing regions to meet their energy requirements. The North American market is expected to grow at a steady CAGR due to extensive consumption of thermal spray in the aerospace and automobile sector. The Canada. and the U.S. have achieved a significant place in the market due to the growing oil and gas activities post the shale gas boom in the region. Moreover, the growing use of the industrial gas turbine is expected to augment the growth