スプレー熱分解(SPD)市場 – 2029年までの世界予測

Spray Pyrolysis Market - Global Forecast to 2029

スプレー熱分解(SPD)市場 - デバイスタイプ (超音波スプレー熱分解システム、高スループットスプレー熱分解システム)、プロセス、用途、最終用途産業 (エネルギーと公益事業、エレクトロニクスと半導体)、および地域別 - 2029年までの世界予測
Spray Pyrolysis Market by Device Type (Ultrasonic Spray Pyrolysis System, High-Throughput Spray Pyrolysis System), Process, Application, End-Use Industry (Energy & Utilities, Electronics & Semiconductors), and Region - Global Forecast to 2029

商品番号 : SMB-70626

出版社MarketsandMarkets
出版年月2024年12月
ページ数214
図表数256
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Spray Pyrolysis market size is projected to grow from USD 167.3 million in 2024 to USD 234.2 million by 2029, registering a CAGR of 7.0 % during the forecast period in terms of value.

スプレー熱分解(SPD)市場規模は、2024年の1億6,730万米ドルから2029年までに2億3,420万米ドルに成長すると予測されており、金額ベースで予測期間中に7.0%のCAGRを記録します。

The global spray pyrolysis market is witnessing growth due to the properties and materials and films they help create. Due to this, it has found application in various end use industries like energy & utilities, semiconductor & electronics, pharmaceuticals & biotechnology and others. The convergence of these properties with the growing demand for advanced, sustainable, and high-performance materials positions spray pyrolysis as a critical enabling technology in the global market.

スプレー熱分解(SPD)市場 - 2029年までの世界予測
spray-pyrolysis-market-Overview

“Flame Assisted Spray Pyrolysis System, type is projected to have the second largest market share in terms of value.”

Flame assisted spray pyrolysis system (FASP) type is projected to have second largest market share in terms of value in the spray pyrolysis market.  In FASP system, feedstock, in the form of a liquid solution, is nebulized and sprayed into a flame where droplets are rapidly converted into films or coatings, nanoparticles by evaporation, and chemical reactions.  High temperature with the help of flame heat source offers ease of processing, is crucial for the production of material that has high degree of crystalline perfection and purity as well as for the synthesis of materials with desired properties. This system is especially useful in producing oxides, composite materials  with a particular particle size and morphology.

“Pharmaceuticals & biotechnology end use industry is expected to be the third largest growing end use industry for forecasted period in terms of value.”

Pharmaceuticals & biotechnology end use industry is expected to be the third largest growing end use industry for forecasted period in terms of value. The pharmaceuticals and biotechnology industry uses spray pyrolysis systems for their precision and versatility in material synthesis. This system is crucial in producing nanoparticles for targeted drug delivery, enhancing solubility, and enabling controlled release for improved therapeutic outcomes, especially in cancer treatments. It is also important in creating biocompatible coatings for medical implants and advanced biosensors for diagnostics. Spray pyrolysis system ensures uniformity, scalability, and adaptability, meeting the stringent requirements of this sector while supporting innovations in personalized medicine, biologics, and advanced diagnostic tools.

“Asia Pacific is estimated to be the fastest growing region in terms of value for the forecasted period.”

Asia Pacific region is expected to be the fastest growing region in forecasted period in terms of value. As China, India, Japan,  and South Korea are the major Asian emerging countries. This region is likely to see an increase in growth in the market for spray pyrolysis system as the countries here are heavily investing into various end-use industries such as solar and semiconductor, in which spray pyrolysis system are specifically used for coating  purpose. Also governments of Asian countries giving strong financial support to these end-use industries, driving the adoption of spray pyrolysis in various applications such as thin & thick film deposition and nano pariticle formation.

スプレー熱分解(SPD)市場 - 2029年までの世界予測 region
spray-pyrolysis-market-Region

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the spray pyrolysis market, and information was gathered from secondary research to determine and verify the market size of several segments.

  • By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
  • By Designation: Directors– 20%, Managers – 10%, and Others – 70%
  • By Region: North America – 22%, Europe – 22%, APAC – 45%, ROW –11%

The spray pyrolysis market comprises major players such as Hansun (China), Sono-Tek Corporation (US), MTI Corporation (US), Zhengzhou CY Scientific Instrument Co., Ltd. (China), Acmefil Engineering Systems Pvt. Ltd. (India), Holmarc Opto-Mechatronics Ltd. (India), Cheerssonic Ultrasonic Equipments Co., Ltd.(China), Siansonic (China), Navson Technologies Pvt. Ltd. (India), and Shanghai Huashao Intelligent Equipment Co., ltd. (China). The study includes in-depth competitive analysis of these key players in the spray pyrolysis market, with their company profiles, recent developments, and key market strategies.

スプレー熱分解(SPD)市場 - 2029年までの世界予測 ecosystem
spray-pyrolysis-market-Ecosystem

Research Coverage

This report segments the market for spray pyrolysis market on the basis of device type, application, process, end use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for spray pyrolysis market.

Key benefits of buying this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the spray pyrolysiss market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the spray pyrolysis market offered by top players in the global spray pyrolysis market.
  • Analysis of drivers: (Growing solar energy sector, Rapid growth in global battery sector, Increased growth in electronics and optoelectronics) restraints (High competition from alternative technologies, ), opportunities (Emerging applications of spray pyrolysis in healthcare, Increased adoption in healthcare applications.) and challenges (Complexity of process control in spray pyrolysis)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the spray pyrolysis market.
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for spray pyrolysis market across regions.
  • Market Capacity: Equipment manufacturing capacities of companies producing spray pyrolysis systems are provided wherever available with upcoming capacities for the spray pyrolysis market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the spray pyrolysis market.

Table of Contents

1               INTRODUCTION              21

1.1           STUDY OBJECTIVES       21

1.2           MARKET DEFINITION   21

1.3           STUDY SCOPE   22

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      22

1.3.2        INCLUSIONS AND EXCLUSIONS 23

1.3.3        YEARS CONSIDERED      24

1.4           CURRENCY CONSIDERED            24

1.5           UNITS CONSIDERED      24

1.6           STAKEHOLDERS               24

2               RESEARCH METHODOLOGY       25

2.1           RESEARCH DATA              25

2.1.1        SECONDARY DATA          26

2.1.1.1    List of major secondary sources         26

2.1.1.2    Key data from secondary sources       26

2.1.2        PRIMARY DATA 27

2.1.2.1    Key data from primary sources           27

2.1.2.2    Key industry insights           28

2.1.2.3    Breakdown of primary interviews      28

2.2           MARKET SIZE ESTIMATION         29

2.2.1        BOTTOM-UP APPROACH              29

2.2.2        TOP-DOWN APPROACH                30

2.3           GROWTH FORECAST      30

2.3.1        SUPPLY-SIDE ANALYSIS                 30

2.3.2        DEMAND-SIDE ANALYSIS             30

2.4           DATA TRIANGULATION                31

2.5           FACTOR ANALYSIS          32

2.6           RESEARCH ASSUMPTIONS           32

2.7           RESEARCH LIMITATIONS AND RISK ASSESSMENT                 33

3               EXECUTIVE SUMMARY  34

4               PREMIUM INSIGHTS       38

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SPRAY PYROLYSIS MARKET       38

4.2           SPRAY PYROLYSIS MARKET, BY DEVICE TYPE     38

4.3           SPRAY PYROLYSIS MARKET, BY APPLICATION   39

4.4           SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY                 39

4.5           SPRAY PYROLYSIS MARKET, BY COUNTRY            40

5               MARKET OVERVIEW       41

5.1           INTRODUCTION              41

5.2           MARKET DYNAMICS       41

5.2.1        DRIVERS               42

5.2.1.1    Expanding solar energy industry        42

5.2.1.2    Rapid growth of global battery industry            42

5.2.1.3    Increased use of electronics and optoelectronics             43

5.2.2        RESTRAINTS      44

5.2.2.1    High competition from alternative technologies              44

5.2.3        OPPORTUNITIES              44

5.2.3.1    Emerging applications in healthcare industry  44

5.2.3.2    Increasing adoption in environmental applications        45

5.2.4        CHALLENGES    45

5.2.4.1    Complexity associated with process control in spray pyrolysis                 45

5.3           PORTER’S FIVE FORCES ANALYSIS           46

5.3.1        THREAT OF NEW ENTRANTS      47

5.3.2        THREAT OF SUBSTITUTES          47

5.3.3        BARGAINING POWER OF SUPPLIERS       47

5.3.4        BARGAINING POWER OF BUYERS             47

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 48

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     48

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           48

5.4.2        BUYING CRITERIA           49

5.5           VALUE CHAIN ANALYSIS               50

5.6           ECOSYSTEM ANALYSIS  51

5.7           KEY CONFERENCES AND EVENTS, 2024–2025        53

5.8           PATENT ANALYSIS          54

5.8.1        METHODOLOGY              54

5.8.2        DOCUMENT TYPES         54

5.8.3        PUBLICATION TRENDS 55

5.8.4        INSIGHTS            55

5.8.5        JURISDICTION ANALYSIS              56

5.8.6        TOP APPLICANTS            56

5.9           TRADE ANALYSIS             57

5.9.1        IMPORT SCENARIO (HS CODE 8424)        57

5.9.2        EXPORT SCENARIO (HS CODE 8424)        59

5.10         IMPACT OF AI   59

5.11         REGULATORY LANDSCAPE         60

5.11.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             60

5.11.2      REGULATIONS/STANDARDS ON ELECTRIC VEHICLE (EV) BATTERIES                62

5.11.3      EUROPE AND US REGULATIONS ON LITHIUM-ION BATTERY PRODUCTION               63

5.11.4      REGULATIONS ON BATTERIES AND ACCUMULATORS                 64

5.11.5      REGULATIONS ON TRANSPORTATION OF LITHIUM-ION BATTERIES                64

5.12         MACROECONOMIC INDICATORS              64

5.12.1      GLOBAL GDP TRENDS  64

5.12.2      GLOBAL VEHICLE PRODUCTION STATISTICS    66

5.13         TECHNOLOGY ANALYSIS             67

5.13.1      KEY TECHNOLOGIES     67

5.13.1.1  High-throughput spray pyrolysis system          67

5.13.1.2  Advanced atomization techniques     68

5.13.2      COMPLEMENTARY TECHNOLOGIES       68

5.13.2.1  Plasma-assisted spray pyrolysis          68

5.14         PRICING ANALYSIS          68

5.14.1      AVERAGE SELLING PRICE TREND, BY REGION   68

5.14.2      INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY DEVICE TYPE     69

5.14.3      INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY END-USE INDUSTRY       69

5.15         INVESTMENT AND FUNDING SCENARIO               69

5.16         CASE STUDY ANALYSIS 70

5.16.1      HOLMARC OPTO-MECHATRONICS HELPED WAAREE ENERGIES TACKLE CHALLENGES IN ACHIEVING CONSISTENT AND UNIFORM DEPOSITION

OF TCO LAYERS ACROSS LARGE GLASS SUBSTRATES     70

5.17         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            71

6               SPRAY PYROLYSIS MARKET, BY PROCESS              72

6.1           INTRODUCTION              72

6.2           SLOW PYROLYSIS             72

6.3           FAST PYROLYSIS               72

6.4           FLASH PYROLYSIS            72

7               SPRAY PYROLYSIS MARKET, BY DEVICE TYPE     73

7.1           INTRODUCTION              74

7.2           ULTRASONIC SPRAY PYROLYSIS SYSTEM              76

7.2.1        POTENTIAL TO REVOLUTIONIZE THIN FILM PRODUCTION TO DRIVE MARKET           76

7.3           HIGH THROUGHPUT SPRAY PYROLYSIS SYSTEM                 76

7.3.1        INCREASING APPLICATIONS IN SOLAR AND ELECTRONICS SYSTEMS

TO BOOST DEMAND      76

7.4           FLAME-ASSISTED SPRAY PYROLYSIS SYSTEM     77

7.4.1        GROWING DEMAND FROM VARIOUS END-USE INDUSTRIES

TO DRIVE MARKET         77

7.5           VACUUM SPRAY PYROLYSIS SYSTEM      77

7.5.1        SURGING USE IN SOLAR CELLS AND SENSORS TO BOOST MARKET GROWTH           77

8               SPRAY PYROLYSIS MARKET, BY APPLICATION   78

8.1           INTRODUCTION              79

8.2           THIN & THICK FILM DEPOSITION            80

8.2.1        RISING APPLICATIONS IN TRANSISTORS AND DIODES TO DRIVE MARKET         80

8.3           NANOPARTICLE SYNTHESIS       81

8.3.1        INCREASING DEMAND FROM MEDICAL SECTOR TO DRIVE MARKET 81

8.4           OTHER APPLICATIONS 81

9               SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY                 82

9.1           INTRODUCTION              83

9.2           ENERGY & UTILITIES     87

9.2.1        GLOBAL TRANSITION TO RENEWABLE ENERGY TO DRIVE SEGMENT              87

9.2.1.1    Solar panels           87

9.2.1.2    Batteries 88

9.2.1.3    Fuel cells                88

9.2.1.4    Other energy & utilities industries    89

9.3           ELECTRONICS & SEMICONDUCTORS     89

9.3.1        RAPID ADVANCEMENTS IN MINIATURIZATION AND FUNCTIONALITY

TO BOOST DEMAND      89

9.3.1.1    Sensors & detectors              89

9.3.1.2    Optoelectronics    90

9.3.1.3    Transistors             90

9.3.1.4    Semiconductor devices & integrated circuits (ICs)         90

9.3.1.5    Other electronics & semiconductors industries               91

9.4           CHEMICALS & PETROCHEMICALS            91

9.4.1        HIGH USE TO MANUFACTURE HIGH-PURITY NANOPARTICLES AND COATING PRECURSORS TO DRIVE MARKET               91

9.4.1.1    Specialty chemicals production          91

9.4.1.2    Polymer manufacturing       92

9.5           PHARMACEUTICAL & BIOTECHNOLOGY              92

9.5.1        INCREASING DEMAND FOR ACTIVE PHARMACEUTICAL INGREDIENTS

TO DRIVE MARKET         92

9.6           OTHER END-USE INDUSTRIES   93

10            SPRAY PYROLYSIS MARKET, BY REGION                94

10.1         INTRODUCTION              95

10.2         NORTH AMERICA             97

10.2.1      US           102

10.2.1.1  Booming solar energy industry to drive market               102

10.2.2      CANADA               104

10.2.2.1  High investments in battery sector to boost market growth                 104

10.2.3      MEXICO                106

10.2.3.1  Expansion of solar and EV industries to drive market    106

10.3         EUROPE               107

10.3.1      GERMANY           112

10.3.1.1  High growth of solar industry to drive market 112

10.3.2      UK          114

10.3.2.1  Government-led support and high investments in energy and

utilities industries to drive market     114

10.3.3      FRANCE                116

10.3.3.1  Rising investments in renewable energy, battery manufacturing,

and EV production to drive market   116

10.3.4      ITALY    118

10.3.4.1  Booming solar industry to drive market            118

10.3.5      SPAIN    120

10.3.5.1  Renewable energy ambitions, EV market growth, and surge in

battery demand to drive market         120

10.3.6      REST OF EUROPE             122

10.4         ASIA PACIFIC     124

10.4.1      CHINA  129

10.4.1.1  Industrial expansion and government-led initiatives promoting sustainable practices to propel market              129

10.4.2      JAPAN   131

10.4.2.1  Growing electronics industry to drive market  131

10.4.3      INDIA    133

10.4.3.1  Strong demand from renewable energy, battery storage, and electronics industries to drive market                133

10.4.4      SOUTH KOREA  135

10.4.4.1  High battery production and growing EV market to drive market                 135

10.4.5      REST OF ASIA PACIFIC   137

10.5         MIDDLE EAST & AFRICA                139

10.5.1      GCC COUNTRIES              144

10.5.1.1  Saudi Arabia          146

10.5.1.1.1                Significant industrial growth and government-led initiatives related to renewable energy to drive market  146

10.5.1.2  UAE        148

10.5.1.2.1                Expansion plans related to clean energy and sustainable transportation to drive market            148

10.5.1.3  Rest of GCC countries         150

10.5.2      SOUTH AFRICA 152

10.5.2.1  Rising demand for advanced battery materials to boost

market growth       152

10.5.3      REST OF MIDDLE EAST & AFRICA             153

10.6         SOUTH AMERICA             155

10.6.1      BRAZIL 159

10.6.1.1  Expanding automotive industry to drive market              159

10.6.2      ARGENTINA       161

10.6.2.1  Growing solar industry to drive market             161

10.6.3      REST OF SOUTH AMERICA           163

11            COMPETITIVE LANDSCAPE         165

11.1         OVERVIEW          165

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            165

11.3         REVENUE ANALYSIS       166

11.4         MARKET SHARE ANALYSIS           167

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 169

11.6         BRAND/PRODUCT COMPARISON ANALYSIS        170

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 171

11.7.1      STARS   171

11.7.2      EMERGING LEADERS     171

11.7.3      PERVASIVE PLAYERS      171

11.7.4      PARTICIPANTS 171

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         173

11.7.5.1  Company footprint               173

11.7.5.2  Application footprint            174

11.7.5.3  End-use industry footprint 175

11.7.5.4  Region footprint   176

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        177

11.8.1      PROGRESSIVE COMPANIES         177

11.8.2      RESPONSIVE COMPANIES            177

11.8.3      DYNAMIC COMPANIES  177

11.8.4      STARTING BLOCKS         177

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 179

11.8.5.1  Detailed list of key startups/SMEs    179

11.8.5.2  Competitive benchmarking of key startups/SMEs          180

11.9         COMPETITIVE SCENARIO             181

11.9.1      OTHERS                181

12            COMPANY PROFILES      182

12.1         KEY PLAYERS     182

12.1.1      MTI CORPORATION        182

12.1.1.1  Business overview 182

12.1.1.2  Products/Solutions/Services offered 182

12.1.1.3  MnM view              183

12.1.1.3.1                Key strengths/Right to win 183

12.1.1.3.2                Strategic choices   183

12.1.1.3.3                Weaknesses/Competitive threats       183

12.1.2      SONO-TEK CORPORATION          184

12.1.2.1  Business overview 184

12.1.2.2  Products/Solutions/Services offered 185

12.1.2.3  Recent developments           185

12.1.2.3.1                Others    185

12.1.2.4  MnM view              185

12.1.2.4.1                Key strengths/Right to win 185

12.1.2.4.2                Strategic choices   185

12.1.2.4.3                Weaknesses/Competitive threats       186

12.1.3      HOLMARC OPTO-MECHATRONICS LTD.               187

12.1.3.1  Business overview 187

12.1.3.2  Products/Solutions/Services offered 187

12.1.3.3  MnM view              188

12.1.3.3.1                Key strengths/Right to win 188

12.1.3.3.2                Strategic choices   188

12.1.3.3.3                Weaknesses/Competitive threats       188

12.1.4      ACMEFIL ENGINEERING SYSTEMS PVT LTD.       189

12.1.4.1  Business overview 189

12.1.4.2  Products/Solutions/Services offered 189

12.1.4.3  MnM view              190

12.1.4.3.1                Key strengths/Right to win 190

12.1.4.3.2                Strategic choices   190

12.1.4.3.3                Weaknesses/Competitive threats       190

12.1.5      ZHENGZHOU CY SCIENTIFIC INSTRUMENT CO., LTD.                 191

12.1.5.1  Business overview 191

12.1.5.2  Products/Solutions/Services offered 191

12.1.5.3  MnM view              192

12.1.5.3.1                Key strengths/Right to win 192

12.1.5.3.2                Strategic choices   192

12.1.5.3.3                Weaknesses/Competitive threats       192

12.1.6      HANSUN               193

12.1.6.1  Business overview 193

12.1.6.2  Products/Solutions/Services offered 193

12.1.6.3  MnM view              194

12.1.7      CHEERSONIC ULTRASONICS EQUIPMENTS CO., LTD.                 195

12.1.7.1  Business overview 195

12.1.7.2  Products/Solutions/Services offered 195

12.1.7.3  MnM view              196

12.1.8      SIANSONIC         197

12.1.8.1  Business overview 197

12.1.8.2  Products/Solutions/Services offered 197

12.1.8.3  MnM view              198

12.1.9      NAVSON TECHNOLOGIES PVT. LTD.      199

12.1.9.1  Business overview 199

12.1.9.2  Products/Solutions/Services offered 199

12.1.9.3  MnM view              199

12.1.10   SHANGHAI HUASHAO INTELLIGENT EQUIPMENT CO., LTD.      200

12.1.10.1                 Business overview 200

12.1.10.2                 Products/Solutions/Services offered 200

12.1.10.3                 MnM view              200

12.2         OTHER PLAYERS              201

12.2.1      PRIZMA                 201

12.2.2      SHENYANG KEJING AUTO-INSTRUMENT CO., LTD.                 201

12.2.3      XIAMEN TMAX BATTERY EQUIPMENTS LIMITED                 202

12.2.4      SONEAR INC.     202

12.2.5      VB CERAMIC CONSULTANTS (VBCC)      202

12.2.6      XIAMEN LITH MACHINE LIMITED            203

12.2.7      PREMIER SOLUTIONS PTE. LTD.               203

12.2.8      DAS INSTRUMENT AND SOLUTIONS      204

12.2.9      CAPITAL LAB TECH        204

12.2.10   INTEGRATED ENERGY ENGINEERING   205

12.2.11   HANGZHOU POWERSONIC EQUIPMENT CO., LTD.                 205

12.2.12   RUBRODER GROUP         205

12.2.13   RK ENGINEERING SERVICE          206

12.2.14   WAVENXD TECHNOLOGIES PVT. LTD.  206

12.2.15   PI-KEM 206

13            APPENDIX           207

13.1         DISCUSSION GUIDE        207

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                210

13.3         CUSTOMIZATION OPTIONS        212

13.4         RELATED REPORTS         212

13.5         AUTHOR DETAILS           213

LIST OF TABLES

TABLE 1                SPRAY PYROLYSIS MARKET: INCLUSIONS AND EXCLUSIONS      23

TABLE 2                SPRAY PYROLYSIS MARKET: PORTER’S FIVE FORCES ANALYSIS           46

TABLE 3                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%)   48

TABLE 4                KEY BUYING CRITERIA, BY END-USE INDUSTRY                 49

TABLE 5                ROLES OF COMPANIES IN SPRAY PYROLYSIS ECOSYSTEM       52

TABLE 6                SPRAY PYROLYSIS MARKET: LIST OF KEY CONFERENCES AND

EVENTS, 2024–2025           53

TABLE 7                TOP 10 PATENT OWNERS DURING LAST 10 YEARS, 2014–2023               57

TABLE 8                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           60

TABLE 9                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  61

TABLE 10              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY PERFORMANCE     62

TABLE 11              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY DURABILITY            62

TABLE 12              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY SAFETY      63

TABLE 13              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY RECYCLING              63

TABLE 14              TRENDS OF PER CAPITA GDP, BY COUNTRY, 2020–2023 (USD)                65

TABLE 15              GDP GROWTH ESTIMATES AND PROJECTIONS OF KEY

COUNTRIES, 2024–2027 (USD)     66

TABLE 16              VEHICLE PRODUCTION STATISTICS, BY COUNTRY, 2021–2023 (UNITS)    67

TABLE 17              INDICATIVE PRICING ANALYSIS OF SPRAY PYROLYSIS SYSTEMS OFFERED

BY KEY PLAYERS, BY DEVICE TYPE, 2023 (USD/UNIT)     69

TABLE 18              INDICATIVE PRICING ANALYSIS OF SPRAY PYROLYSIS SYSTEMS OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2023 (USD/UNIT)                 69

TABLE 19              SPRAY PYROLYSIS MARKET, BY DEVICE TYPE, 2021–2023 (USD MILLION)            74

TABLE 20              SPRAY PYROLYSIS MARKET, BY DEVICE TYPE, 2024–2029 (USD MILLION)            75

TABLE 21              SPRAY PYROLYSIS MARKET, BY DEVICE TYPE, 2021–2023 (UNITS)            75

TABLE 22              SPRAY PYROLYSIS MARKET, BY DEVICE TYPE, 2024–2029 (UNITS)            75

TABLE 23              SPRAY PYROLYSIS MARKET, BY APPLICATION, 2021–2023 (USD MILLION)            79

TABLE 24              SPRAY PYROLYSIS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            80

TABLE 25              SPRAY PYROLYSIS MARKET, BY APPLICATION, 2021–2023 (UNITS)            80

TABLE 26              SPRAY PYROLYSIS MARKET, BY APPLICATION, 2024–2029 (UNITS)            80

TABLE 27              SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)    84

TABLE 28              SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)    85

TABLE 29              SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   86

TABLE 30              SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   87

TABLE 31              SPRAY PYROLYSIS MARKET, BY REGION, 2021–2023 (USD MILLION)       95

TABLE 32              SPRAY PYROLYSIS MARKET, BY REGION, 2024–2029 (USD MILLION)       96

TABLE 33              SPRAY PYROLYSIS MARKET, BY REGION, 2021–2023 (UNITS)      96

TABLE 34              SPRAY PYROLYSIS MARKET, BY REGION, 2024–2029 (UNITS)      96

TABLE 35              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            98

TABLE 36              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            98

TABLE 37              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2021–2023 (UNITS)              98

TABLE 38              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2024–2029 (UNITS)              98

TABLE 39              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            99

TABLE 40              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            100

TABLE 41              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            101

TABLE 42              NORTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            102

TABLE 43              US: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            103

TABLE 44              US: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            103

TABLE 45              US: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   103

TABLE 46              US: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   104

TABLE 47              CANADA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            104

TABLE 48              CANADA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            105

TABLE 49              CANADA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            105

TABLE 50              CANADA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            105

TABLE 51              MEXICO: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            106

TABLE 52              MEXICO: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            106

TABLE 53              MEXICO: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)           107

TABLE 54              MEXICO: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)           107

TABLE 55              EUROPE: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)     108

TABLE 56              EUROPE: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     108

TABLE 57              EUROPE: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2021–2023 (UNITS)    108

TABLE 58              EUROPE: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2024–2029 (UNITS)    109

TABLE 59              EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            109

TABLE 60              EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            110

TABLE 61              EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            111

TABLE 62              EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            112

TABLE 63              GERMANY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            113

TABLE 64              GERMANY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            113

TABLE 65              GERMANY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            113

TABLE 66              GERMANY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            114

TABLE 67              UK: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            115

TABLE 68              UK: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            115

TABLE 69              UK: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   115

TABLE 70              UK: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   116

TABLE 71              FRANCE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            117

TABLE 72              FRANCE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            117

TABLE 73              FRANCE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)           117

TABLE 74              FRANCE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)           118

TABLE 75              ITALY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            119

TABLE 76              ITALY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            119

TABLE 77              ITALY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   119

TABLE 78              ITALY: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   120

TABLE 79              SPAIN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            121

TABLE 80              SPAIN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            121

TABLE 81              SPAIN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   121

TABLE 82              SPAIN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   122

TABLE 83              REST OF EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            122

TABLE 84              REST OF EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            123

TABLE 85              REST OF EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            123

TABLE 86              REST OF EUROPE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            123

TABLE 87              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            125

TABLE 88              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            125

TABLE 89              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2021–2023 (UNITS)    125

TABLE 90              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2024–2029 (UNITS)    126

TABLE 91              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            126

TABLE 92              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            127

TABLE 93              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            128

TABLE 94              ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            129

TABLE 95              CHINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            130

TABLE 96              CHINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            130

TABLE 97              CHINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)           131

TABLE 98              CHINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)           131

TABLE 99              JAPAN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            132

TABLE 100            JAPAN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            132

TABLE 101            JAPAN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   132

TABLE 102            JAPAN: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   133

TABLE 103            INDIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            134

TABLE 104            INDIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            134

TABLE 105            INDIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   134

TABLE 106            INDIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   135

TABLE 107            SOUTH KOREA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            136

TABLE 108            SOUTH KOREA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            136

TABLE 109            SOUTH KOREA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            136

TABLE 110            SOUTH KOREA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            137

TABLE 111            REST OF ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 137

TABLE 112            REST OF ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 138

TABLE 113            REST OF ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)     138

TABLE 114            REST OF ASIA PACIFIC: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)     138

TABLE 115            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            139

TABLE 116            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            139

TABLE 117            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2021–2023 (UNITS)            140

TABLE 118            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2024–2029 (UNIT)              140

TABLE 119            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 141

TABLE 120            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 142

TABLE 121            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)     143

TABLE 122            MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)        144

TABLE 123            GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            145

TABLE 124            GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            145

TABLE 125            GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            145

TABLE 126            GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            146

TABLE 127            SAUDI ARABIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            147

TABLE 128            SAUDI ARABIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            147

TABLE 129            SAUDI ARABIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            147

TABLE 130            SAUDI ARABIA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            148

TABLE 131            UAE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            149

TABLE 132            UAE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            149

TABLE 133            UAE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)   149

TABLE 134            UAE: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)   150

TABLE 135            REST OF GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 150

TABLE 136            REST OF GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 151

TABLE 137            REST OF GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)     151

TABLE 138            REST OF GCC COUNTRIES: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)     151

TABLE 139            SOUTH AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            152

TABLE 140            SOUTH AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            152

TABLE 141            SOUTH AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            153

TABLE 142            SOUTH AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            153

TABLE 143            REST OF MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            153

TABLE 144            REST OF MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            154

TABLE 145            REST OF MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)                 154

TABLE 146            REST OF MIDDLE EAST & AFRICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)                 154

TABLE 147            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            155

TABLE 148            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            155

TABLE 149            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2021–2023 (UNITS)              155

TABLE 150            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY COUNTRY, 2024–2029 (UNITS)              156

TABLE 151            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            156

TABLE 152            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            157

TABLE 153            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            158

TABLE 154            SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            159

TABLE 155            BRAZIL: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            160

TABLE 156            BRAZIL: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            160

TABLE 157            BRAZIL: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)           160

TABLE 158            BRAZIL: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)           161

TABLE 159            ARGENTINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            161

TABLE 160            ARGENTINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            162

TABLE 161            ARGENTINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2021–2023 (UNITS)            162

TABLE 162            ARGENTINA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY,

2024–2029 (UNITS)            162

TABLE 163            REST OF SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 163

TABLE 164            REST OF SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 163

TABLE 165            REST OF SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2021–2023 (UNITS)     164

TABLE 166            REST OF SOUTH AMERICA: SPRAY PYROLYSIS MARKET, BY END-USE INDUSTRY, 2024–2029 (UNITS)     164

TABLE 167            SPRAY PYROLYSIS MARKET: REVENUE ANALYSIS OF KEY COMPANIES,

2023 (USD MILLION)       166

TABLE 168            SPRAY PYROLYSIS MARKET: DEGREE OF COMPETITION, 2023       167

TABLE 169            SPRAY PYROLYSIS MARKET: APPLICATION FOOTPRINT       174

TABLE 170            SPRAY PYROLYSIS MARKET: END-USE INDUSTRY FOOTPRINT 175

TABLE 171            SPRAY PYROLYSIS MARKET: REGION FOOTPRINT       176

TABLE 172            SPRAY PYROLYSIS MARKET: LIST OF KEY STARTUPS/SMES              179

TABLE 173            SPRAY PYROLYSIS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          180

TABLE 174            SPRAY PYROLYSIS MARKET: OTHERS, APRIL 2020–JUNE 2024  181

TABLE 175            MTI CORPORATION: COMPANY OVERVIEW                 182

TABLE 176            MTI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    182

TABLE 177            SONO-TEK CORPORATION: COMPANY OVERVIEW          184

TABLE 178            SONO-TEK CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 179            SONO-TEK CORPORATION: OTHERS      185

TABLE 180            HOLMARC OPTO-MECHATRONICS LTD.: COMPANY OVERVIEW   187

TABLE 181            HOLMARC OPTO- MECHATRONICS LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        187

TABLE 182            ACMEFIL ENGINEERING SYSTEMS PVT LTD.: COMPANY OVERVIEW   189

TABLE 183            ACMEFIL ENGINEERING SYSTEMS PVT LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        189

TABLE 184            ZHENGZHOU CY SCIENTIFIC INSTRUMENT CO., LTD.: COMPANY OVERVIEW       191

TABLE 185            ZHENGZHOU CY SCIENTIFIC INSTRUMENT CO., LTD.: PRODUCTS/

SOLUTIONS/ SERVICES OFFERED             191

TABLE 186            HANSUN: COMPANY OVERVIEW               193

TABLE 187            HANSUN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             193

TABLE 188            CHEERSONIC ULTRASONIC EQUIPMENTS CO., LTD.: COMPANY OVERVIEW       195

TABLE 189            CHEERSONIC ULTRASONIC EQUIPMENTS CO., LTD.: PRODUCTS/

SOLUTIONS/ SERVICES OFFERED             195

TABLE 190            SIANSONIC: COMPANY OVERVIEW          197

TABLE 191            SIANSONIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             197

TABLE 192            NAVSON TECHNOLOGIES PVT. LTD.: COMPANY OVERVIEW          199

TABLE 193            NAVSON TECHNOLOGIES PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    199

TABLE 194            SHANGHAI HUASHAO INTELLIGENT EQUIPMENT CO., LTD.: COMPANY OVERVIEW   200

TABLE 195            SHANGHAI HUASHAO INTELLIGENT EQUIPMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             200

TABLE 196            PRIZMA: COMPANY OVERVIEW 201

TABLE 197            SHENYANG KEJING AUTO-INSTRUMENT CO., LTD.: COMPANY OVERVIEW       201

TABLE 198            XIAMEN TMAX BATTERY EQUIPMENTS LIMITED: COMPANY OVERVIEW               202

TABLE 199            SONEAR INC.: COMPANY OVERVIEW      202

TABLE 200            VB CERAMIC CONSULTANTS (VBCC): COMPANY OVERVIEW   202

TABLE 201            XIAMEN LITH MACHINE LIMITED: COMPANY OVERVIEW          203

TABLE 202            PREMIER SOLUTIONS PTE. LTD.: COMPANY OVERVIEW          203

TABLE 203            DAS INSTRUMENT AND SOLUTIONS: COMPANY OVERVIEW          204

TABLE 204            CAPITAL LAB TECH: COMPANY OVERVIEW                 204

TABLE 205            INTEGRATED ENERGY ENGINEERING: COMPANY OVERVIEW   205

TABLE 206            HANGZHOU POWERSONIC EQUIPMENT CO., LTD.: COMPANY OVERVIEW       205

TABLE 207            RUBRODER GROUP: COMPANY OVERVIEW                 205

TABLE 208            RK ENGINEERING SERVICE: COMPANY OVERVIEW          206

TABLE 209            WAVENXD TECHNOLOGIES PVT. LTD.: COMPANY OVERVIEW   206

TABLE 210            PI-KEM: COMPANY OVERVIEW  206

LIST OF FIGURES

FIGURE 1              SPRAY PYROLYSIS MARKET: SEGMENTATION AND REGIONAL SCOPE 22

FIGURE 2              SPRAY PYROLYSIS MARKET: RESEARCH DESIGN                 25

FIGURE 3              SPRAY PYROLYSIS MARKET: BOTTOM-UP APPROACH         29

FIGURE 4              SPRAY PYROLYSIS MARKET: TOP-DOWN APPROACH         30

FIGURE 5              SPRAY PYROLYSIS MARKET: DATA TRIANGULATION             31

FIGURE 6              ULTRASONIC SPRAY PYROLYSIS SYSTEM SEGMENT TO ACCOUNT

FOR LARGEST MARKET SHARE IN 2029   35

FIGURE 7              THIN & THICK FILM DEPOSITION SEGMENT TO ACCOUNT FOR LARGEST

MARKET SHARE IN 2029 36

FIGURE 8              ENERGY & UTILITIES SEGMENT TO ACCOUNT FOR LARGEST MARKET

SHARE IN 2029   36

FIGURE 9              ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SPRAY

PYROLYSIS DURING FORECAST PERIOD                37

FIGURE 10            INCREASING DEMAND FROM ELECTRONICS AND SEMICONDUCTOR INDUSTRIES TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              38

FIGURE 11            ULTRASONIC SPRAY PYROLYSIS SYSTEM SEGMENT TO REGISTER

HIGHEST CAGR DURING FORECAST PERIOD      38

FIGURE 12            THIN & THICK FILM DEPOSITION SEGMENT TO REGISTER HIGHEST

CAGR DURING FORECAST PERIOD          39

FIGURE 13            ENERGY & UTILITIES SEGMENT TO RECORD HIGHEST CAGR

DURING FORECAST PERIOD       39

FIGURE 14            CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         40

FIGURE 15            SPRAY PYROLYSIS MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     41

FIGURE 16            SPRAY PYROLYSIS MARKET: PORTER’S FIVE FORCES ANALYSIS           46

FIGURE 17            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            48

FIGURE 18            KEY BUYING CRITERIA, BY END-USE INDUSTRY                 49

FIGURE 19            SPRAY PYROLYSIS MARKET: VALUE CHAIN ANALYSIS            50

FIGURE 20            SPRAY PYROLYSIS MARKET: ECOSYSTEM ANALYSIS            52

FIGURE 21            DOCUMENT TYPE, 2014–2023      55

FIGURE 22            NUMBER OF PATENTS GRANTED PER YEAR, 2014–2023              55

FIGURE 23            TOP JURISDICTION, BY DOCUMENT, 2014–2023                 56

FIGURE 24            APPLICANT ANALYSIS, 2014–2023               56

FIGURE 25            IMPORT DATA RELATED TO HS CODE 8424-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD THOUSAND)                58

FIGURE 26            EXPORT DATA RELATED TO HS CODE 8424-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD THOUSAND)                59

FIGURE 27            AVERAGE SELLING PRICE TREND OF SPRAY PYROLYSIS SYSTEMS,

BY REGION, 2022–2029 (USD/UNIT)          68

FIGURE 28            SPRAY PYROLYSIS MARKET: INVESTMENT AND FUNDING SCENARIO,

2019−2023 (USD MILLION)          70

FIGURE 29            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   71

FIGURE 30            ULTRASONIC SPRAY PYROLYSIS SYSTEM TO REGISTER HIGHEST

CAGR DURING FORECAST PERIOD          74

FIGURE 31            THIN & THICK FILM DEPOSITION SEGMENT TO RECORD HIGHEST

CAGR DURING FORECAST PERIOD          79

FIGURE 32            ENERGY & UTILITIES SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       83

FIGURE 33            ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SPRAY

PYROLYSIS DURING FORECAST PERIOD                95

FIGURE 34            NORTH AMERICA: SPRAY PYROLYSIS MARKET SNAPSHOT          97

FIGURE 35            ASIA PACIFIC: SPRAY PYROLYSIS MARKET SNAPSHOT          124

FIGURE 36            SPRAY PYROLYSIS MARKET: OVERVIEW OF MAJOR STRATEGIES

ADOPTED BY KEY PLAYERS, 2019–2024   165

FIGURE 37            SPRAY PYROLYSIS MARKET: REVENUE ANALYSIS OF KEY COMPANIES,

2023 (USD MILLION)       166

FIGURE 38            SPRAY PYROLYSIS MARKET SHARE ANALYSIS, 2023        167

FIGURE 39            SPRAY PYROLYSIS MARKET: COMPANY VALUATION OF LEADING

COMPANIES, 2023 (USD MILLION)            169

FIGURE 40            SPRAY PYROLYSIS MARKET: FINANCIAL METRICS OF LEADING COMPANIES, 2023              169

FIGURE 41            SPRAY PYROLYSIS MARKET: BRAND/PRODUCT COMPARISON   170

FIGURE 42            SPRAY PYROLYSIS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         172

FIGURE 43            SPRAY PYROLYSIS MARKET: COMPANY FOOTPRINT       173

FIGURE 44            SPRAY PYROLYSIS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023                178

FIGURE 45            SONO-TEK CORPORATION: COMPANY SNAPSHOT          184

FIGURE 46            HOLMARC OPTO-MECHATRONICS LTD.: COMPANY SNAPSHOT   187