溶射皮膜装置およびサービス市場 – 2030年までの世界予測

Thermal Spray Coating Equipment and Services Market - Global Forecast to 2030

溶射皮膜装置およびサービス市場 - 製品 (材料、装置およびサービス)、プロセス (燃焼火炎および電気)、最終用途産業 (航空宇宙、自動車、ヘルスケア、エネルギーおよび電力)、および地域別 - 2030年までの世界予測
Thermal Spray Coating Equipment and Services Market by Product (Material, Equipment & Services), Process (Combustion Flame & Electrical), End-Use Industry (Aerospace, Automotive, Healthcare, Energy & Power), and Region - Global Forecast to 2030
出版社MarketsandMarkets
出版年月2024年9月
ページ数301
図表数326
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 thermal spray coating equipment and services market is projected to grow from USD 14.0 billion in 2024 to USD 17.8 billion by 2030, at a CAGR of 4.1% from 2024 to 2030.

溶射皮膜装置およびサービス市場は、2024 年の 140 億米ドルから 2030 年までに 178 億米ドルに、2024 年から 2030 年までの CAGR は 4.1% で成長すると予測されています。

The aerospace industry is a key driver of the thermal spray coating equipment and services market. Thermal spray coating equipment and services are commonly employed in aircraft engines, turbine blades, aerospace structures, and defense equipment to improve performance, reduce weight, and increase durability.

溶射皮膜装置およびサービス市場 - 2030年までの世界予測
Thermal Spray Coating Equipment and Services Market – Global Forecast to 2030

“By process, the combustion flame segment is estimated to be the largest segment of the thermal spray coating equipment and services market from 2024 to 2030.”
Based on the process, the combustion flame is estimated to be the largest segment during the forecast period. The combustion flame process facilitates excellent bond strength and adhesion between the coating and substrate. The high temperatures and velocity of the particles generated by the flame promote strong metallurgical bonding, resulting in a durable and resilient coating. This is particularly crucial for applications where the coating must withstand high temperatures, mechanical stress, or corrosive environments. Hence, these factors are propelling the market growth for the combustion flame segment.

“By material, ceramics is estimated to be the largest segment of the thermal spray coating equipment and services market from 2024 to 2030.”
Based on material, ceramics are projected to account for the highest share in the thermal spray coating equipment and services market during the projection period. Ceramic coatings provide high electrical insulating characteristics. They are utilized in situations that need low electrical conductivity or insulation. Examples are electrical components, circuit boards, and high-voltage insulators.

“From 2024 to 2030, by end-use, aerospace is expected to be the largest end-use segment in the thermal spray coating equipment and services market.”
Aerospace is estimated to account for the largest share in the thermal spray coating equipment and services market during the forecast period based on end-use. Thermal spray coatings are employed in thermal protection systems (TPS) for spacecraft and re-entry vehicles. TPS coatings, such as ablation and insulating materials, are designed to withstand extreme temperatures during atmospheric re-entry and protect the underlying structures from heat damage.

“The North America region’s thermal spray coating equipment and services market is projected to witness the highest share during the forecast period.”
North America will register the greatest share in the thermal spray coating equipment and services market from 2024 to 2030. The automobile industry in North America is another significant driver of the thermal spray coating equipment and services market. Coatings are used on automobile components like engine parts, piston rings, and transmission systems to improve performance, reduce friction, and increase fuel economy. Thermal spray coatings are projected to become more prevalent in the automobile industry due to a greater demand for lightweight materials and improved engine performance.

Profile break-up of primary participants for the report:

  •  By Company Type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%
  •  By Designation: C-level Executives – 20%, Directors – 50%, and Others – 30%
  •  By Region: North America – 25%, Europe –15%, Asia Pacific – 30%, and Latin America-20%, Middle East & Africa-10%

The thermal spray coating equipment and services report is dominated by players such as

Linde AMT (US), OC Oerlikon Management AG (Switzerland), Höganäs AB (Sweden), Saint Gobain (US), and Curtiss-Wright Corporation (US), Ador Fontech Limited (India), Bodycote (UK), Curtiss-Wright Corporation (US), Kennametal Inc. (US), The Lincoln Electric Company (US), A&A Thermal Spray Coatings (US), Aimtek (US), Alloy Metal Surface Technologies (India), and Wall Colmonoy (US), and others.

Research Coverage:
The report defines, segments, and projects the thermal spray coating equipment and services market size based on product, process, end-use, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as expansions, agreements, and acquisitions undertaken by them in the market.

Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the thermal spray coating equipment and services market and its segments. This report is also expected to help stakeholder businesses and the market’s competitive landscape better, gain insights to improve the position of their companies, and make suitable go-to-market strategies. It also enables stakeholders to understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
Analysis of key drivers (growing demand from the healthcare industry, the reduced maintenance cost of thermally sprayed parts, thermal spray substituting electroplating processes, the boom in the aerospace industry), restraints (stringent regulations, fluctuations in raw material and energy prices), opportunities (use of new measures to conserve energy and harness renewable energy sources, adoption of automation and robotics), and challenges (lack of technical skills, high initial investments and operating costs) influencing the growth of the thermal spray coating equipment and services market.

  • Market Development: Comprehensive information about lucrative markets – the report analyses
    The thermal spray coating equipment and services market is across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped
    geographies, recent developments, and investments in the thermal spray coating equipment and services market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service
    offerings of leading players Linde AMT (US), OC Oerlikon Management AG (Switzerland), Höganäs AB (Sweden), Saint Gobain (US), and Curtiss-Wright Corporation (US), Ador Fontech Limited (India), Bodycote (UK), Curtiss-Wright Corporation (US), Kennametal Inc. (US), The Lincoln Electric Company (US), A&A Thermal Spray Coatings (US), Aimtek (US), Alloy Metal Surface Technologies (India), and Wall Colmonoy (US), among others in the thermal spray coating equipment and services

Table of Contents

1            INTRODUCTION            30

1.1         STUDY OBJECTIVES      30

1.2         MARKET DEFINITION   30

1.3         STUDY SCOPE  31

1.3.1      SEGMENTS CONSIDERED          31

1.3.2      INCLUSIONS & EXCLUSIONS     31

1.3.3      YEARS CONSIDERED     34

1.3.4      CURRENCY CONSIDERED          34

1.4         STAKEHOLDERS            34

2            RESEARCH METHODOLOGY     35

2.1         RESEARCH DATA           35

2.1.1      SECONDARY DATA       36

2.1.1.1   Key data from secondary sources     36

2.1.2      PRIMARY DATA 36

2.1.2.1   Key data from primary sources         37

2.1.2.2   Key industry insights          37

2.1.2.3   Breakdown of primary interviews     38

2.2         BASE NUMBER CALCULATIONS 38

2.3         FORECAST NUMBER CALCULATIONS   38

2.4         MARKET ENGINEERING             39

2.4.1      TOP-DOWN APPROACH             39

2.4.2      BOTTOM-UP APPROACH           39

2.5         DATA TRIANGULATION             40

2.6         STUDY ASSUMPTIONS  41

2.7         RESEARCH LIMITATIONS           41

3            EXECUTIVE SUMMARY 42

4            PREMIUM INSIGHTS      46

4.1         ATTRACTIVE OPPORTUNITIES IN THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET             46

4.2         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS           46

4.3         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY COUNTRY         47

4.4         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL AND COUNTRY   48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     49

5.2.1      DRIVERS            50

5.2.1.1   Growing demand for thermal spray coatings from end-use industries       50

5.2.1.2   Increasing adoption in repair and refurbishment applications    51

5.2.1.3   Advancements in thermal spray technologies 51

5.2.2      RESTRAINTS     52

5.2.2.1   Stringent regulations         52

5.2.2.2   Fluctuations in raw material and energy prices             52

5.2.3      OPPORTUNITIES           52

5.2.3.1   Use of new measures to conserve and harness renewable

energy sources     52

5.2.3.2   Adoption of automation and robotics             53

5.2.4      CHALLENGES   53

5.2.4.1   Lack of technical skills        53

5.2.4.2   High initial investments and operating costs  54

5.3         PORTER’S FIVE FORCES ANALYSIS         54

5.3.1      THREAT OF NEW ENTRANTS    55

5.3.2      THREAT OF SUBSTITUTES         56

5.3.3      BARGAINING POWER OF SUPPLIERS     56

5.3.4      BARGAINING POWER OF BUYERS           56

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 56

5.4         KEY STAKEHOLDERS AND BUYING CRITERIA    57

5.4.1      KEY STAKEHOLDERS IN BUYING PROCESS         57

5.4.2      KEY BUYING CRITERIA 58

5.5         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       59

5.6         VALUE CHAIN ANALYSIS            59

5.7         REGULATORY LANDSCAPE       61

5.7.1      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 62

5.8         TRADE ANALYSIS          64

5.8.1      IMPORT ANALYSIS (HS CODE 8515)       65

5.8.2      EXPORT SCENARIO (HS CODE 8515)      65

5.9         TECHNOLOGY ANALYSIS           66

5.9.1      KEY TECHNOLOGIES    66

5.9.1.1   High-velocity oxy-fuel (HVOF) spraying       66

5.9.1.2   Cold spray technology       67

5.9.1.3   Plasma-transferred arc (PTA) coating           67

5.9.2      COMPLEMENTARY TECHNOLOGIES     68

5.9.2.1   Laser cladding     68

5.9.2.2   Surface metrology 68

5.9.2.3   Robotic automation           68

5.9.3      ADJACENT TECHNOLOGIES      69

5.9.3.1   Additive manufacturing (3D printing)           69

5.9.3.2   Heat treatment processes   69

5.9.3.3   Wear-resistant alloys         69

5.10       CASE STUDY ANALYSIS 70

5.10.1    USE OF THERMAL SPRAY COATINGS TO IMPROVE PERFORMANCE

AND LIFESPAN IN AEROSPACE INDUSTRY         70

5.10.2    USE OF THERMAL SPRAY COATINGS FOR CORROSION PROTECTION IN OFFSHORE OIL & GAS INDUSTRY      70

5.10.3    THERMAL SPRAY COATINGS FOR WEAR PROTECTION IN MINING EQUIPMENT     71

5.11       ECOSYSTEM ANALYSIS 72

5.11.1    ROLE IN ECOSYSTEM    73

5.12       PATENT ANALYSIS        74

5.12.1    LIST OF MAJOR PATENTS          74

5.13       KEY CONFERENCES AND EVENTS, 2024‒2025     76

5.14       INVESTMENTS AND FUNDING SCENARIO          77

5.15       PRICING ANALYSIS        78

5.15.1    AVERAGE SELLING PRICE, BY EQUIPMENT, 2023            78

5.15.2    AVERAGE COSTS OF THERMAL SPRAY COATING, 2020–2023 (USD/M²)              79

5.16       MACROECONOMIC OUTLOOK FOR THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET   81

5.16.1    GLOBAL ECONOMIC GROWTH AND GDP TRENDS         81

5.16.2    PURCHASING POWER PARITY (PPP)      81

5.16.3    CHANGES IN ECONOMIC OUTPUT         81

5.16.4    INFLATION       82

5.16.5    INTEREST RATES           82

5.16.6    FOREIGN EXCHANGE RATES     82

5.16.7    BALANCE OF PAYMENTS           83

5.17       IMPACT OF AI/GEN AI ON THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET             83

5.17.1    PROCESS OPTIMIZATION          83

5.17.2    PREDICTIVE MAINTENANCE     83

5.17.3    QUALITY CONTROL AND DEFECT DETECTION 84

5.17.4    INNOVATION IN COATING MATERIALS AND TECHNIQUES       84

5.17.5    CUSTOMIZATION AND FLEXIBILITY     84

5.17.6    COST REDUCTION AND EFFICIENCY GAINS      84

5.17.7    ENHANCED DATA ANALYTICS AND DECISION-MAKING             84

6            THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PRODUCT    85

6.1         INTRODUCTION            86

6.2         MATERIALS      86

6.2.1      FAVORABLE GOVERNMENT INITIATIVES TO AID MARKET GROWTH              86

6.2.2      CERAMICS         88

6.2.2.1   Increased corrosion protection with high thermal and

electrical insulation to augment segment growth          88

6.2.2.2   Alumina 88

6.2.2.3   Zirconia 88

6.2.2.4   Yttria     88

6.2.3      METALS & ALLOYS        89

6.2.3.1   Increased resistance to corrosion, oxidation, and wear to

fuel segment growth          89

6.2.3.2   Nickel    90

6.2.3.3   Molybdenum       90

6.2.3.4   Aluminum           90

6.2.3.5   Cobalt   90

6.2.3.6   Zinc       90

6.2.4      CARBIDES         91

6.2.4.1   Increasing advancements in manufacturing sector to

spur market growth            91

6.2.5      COMPOSITES   92

6.2.5.1   Low weight and high specific strength to drive segment             92

6.2.6      OTHER MATERIALS      93

6.2.6.1   Resins    93

6.2.6.2   Polymers             93

6.3         EQUIPMENT     94

6.3.1      SUPERIOR COATING QUALITY, PRECISE CONTROL,

AND ENHANCED CUSTOMIZATION OPTIONS TO DRIVE MARKET          94

6.3.2      FLAME SPRAY EQUIPMENT       96

6.3.2.1   Cost-effectiveness and ease of operation to augment segment growth      96

6.3.3      PLASMA SPRAY EQUIPMENT     97

6.3.3.1   Industrial development with advanced manufacturing capabilities to drive adoption 97

6.3.4      HIGH-VELOCITY OXY-FUEL SPRAY EQUIPMENT            98

6.3.4.1   Need for high precision and durability in critical applications to aid segment growth   98

6.3.5      ELECTRIC ARC SPRAY EQUIPMENT       99

6.3.5.1   Growing automotive, construction, and marine sectors in emerging economies to favor market growth           99

6.3.6      HIGH-VELOCITY AIR-FUEL SPRAY EQUIPMENT 100

6.3.6.1   Ability to apply coatings with reduced oxidation and improved wear resistance to augment segment growth   100

6.3.7      COLD SPRAY EQUIPMENT         101

6.3.7.1   Need to create dense and oxide-free coatings without thermal distortion to boost segment growth   101

6.3.8      OTHER EQUIPMENT     102

6.4         SERVICES          103

6.4.1      RISING DEMAND FROM END-USE INDUSTRIES TO SURGE MARKET GROWTH          103

7            THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS      105

7.1         INTRODUCTION            106

7.2         COMBUSTION FLAME PROCESS             107

7.2.1      INCREASED NEED FOR COST-EFFECTIVE AND VERSATILE COATING SOLUTIONS TO SUPPORT MARKET GROWTH   107

7.2.2      WIRE FLAME SPRAYING 107

7.2.3      POWDER FLAME SPRAYING      107

7.2.4      DETONATION GUN SPRAYING 107

7.2.5      CERAMIC ROD SPRAYING          107

7.2.6      HIGH VELOCITY OXY-FUEL       107

7.3         ELECTRICAL PROCESS 108

7.3.1      INNOVATIVE SURFACE TREATMENTS TO REVOLUTIONIZE INDUSTRIAL APPLICATIONS OF ADVANCED ELECTRICAL PROCESSES  108

7.3.2      VACUUM PLASMA SPRAYING    108

7.3.3      ATMOSPHERIC PLASMA SPRAYING       109

7.3.4      ELECTRIC ARC WIRE SPRAYING 109

7.3.5      PLASMA SPRAYING       109

7.3.6      ARC SPRAYING 109

7.3.7      COLD GAS DYNAMIC SPRAY PROCESS  109

7.3.8      RADIOFREQUENCY PLASMA     109

7.3.9      TWO-WIRE ELECTRIC ARC SPRAYING   110

8            THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY 111

8.1         INTRODUCTION            112

8.2         AEROSPACE INDUSTRY 113

8.2.1      AEROSPACE TO COMMAND LARGEST END-USE INDUSTRY MARKET SHARE DURING STUDY PERIOD             113

8.2.2      FLAME TUBES  114

8.2.3      TURBINE BLADES          114

8.2.4      LANDING GEARS           115

8.3         AUTOMOTIVE INDUSTRY          116

8.3.1      INCREASED DEMAND FOR LIGHTWEIGHT ENGINE COMPONENTS TO

FUEL MARKET GROWTH            116

8.3.2      SUSPENSION PARTS      116

8.3.3      PISTON RINGS  116

8.3.4      TURBOCHARGERS         116

8.3.5      ENGINE PARTS 116

8.3.6      CHASSIS             116

8.3.7      CYLINDER LINERS         117

8.3.8      EXHAUST PIPES             117

8.4         HEALTHCARE INDUSTRY           118

8.4.1      RISING DEMAND FOR IMPLANTS TO SPUR MARKET GROWTH  118

8.4.2      ORTHOPEDICS 118

8.4.3      MEDICAL INSTRUMENTS           118

8.4.4      OVER-THE-COUNTER MEDICINES         118

8.5         ENERGY & POWER INDUSTRY   119

8.5.1      NEED FOR LOW MAINTENANCE AND PRODUCTION COSTS TO

BOOST MARKET GROWTH        119

8.5.2      BOILERS            119

8.5.3      SHAFTS 119

8.5.4      HYDRO TURBINES         119

8.5.5      POWER GENERATORS  120

8.5.6      COMPRESSOR BLADES 120

8.6         ELECTRONICS INDUSTRY          120

8.6.1      RISING DEMAND FOR CONSUMER ELECTRONICS TO SUPPORT MARKET GROWTH        120

8.6.2      ELECTRONIC ENCLOSURES      121

8.6.3      INSTRUMENT NUTS      121

8.6.4      MAGNETIC TAPES         121

8.6.5      DIELECTRIC COATINGS             121

8.6.6      SHIELDING       121

8.7         AGRICULTURAL MACHINERY INDUSTRY           122

8.7.1      INCREASING FOCUS ON ADVANCED AGRICULTURAL MACHINERY TO

DRIVE MARKET 122

8.7.2      HARVESTER BLADES     122

8.7.3      BALERS 122

8.7.4      COMPRESSORS 122

8.7.5      THRESHING COMPONENTS      123

8.7.6      AGRICULTURAL PUMPS AND WASTEWATER TREATMENT EQUIPMENT     123

8.8         RENEWABLE ENERGY SECTOR  124

8.8.1      GROWING DEMAND FOR DURABLE, EFFICIENT,

AND COST-EFFECTIVE SOLUTIONS TO PROPEL MARKET GROWTH      124

8.8.2      WIND ENERGY SECTOR 124

8.8.3      TIDAL ENERGY SECTOR             124

8.8.4      BIOMASS ENERGY SECTOR        125

8.8.5      GEOTHERMAL ENERGY SECTOR            125

8.8.6      FUEL CELL ENERGY SECTOR    126

8.8.7      HYDROGEN PRODUCTION SECTOR      126

8.9         OTHER END-USE INDUSTRIES  127

8.9.1      FOOD PROCESSING INDUSTRY 127

8.9.2      DEFENSE INDUSTRY     128

8.9.3      PRINTING INDUSTRY    128

9            THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION             129

9.1         INTRODUCTION            130

9.2         EUROPE             130

9.2.1      GERMANY         135

9.2.1.1   Increasing R&D investments in automobile industry to

propel market growth         135

9.2.2      UK         136

9.2.2.1   Increased government investments and favorable policies in electronics industry to fuel market growth         136

9.2.3      RUSSIA 138

9.2.3.1   Growing automotive and aerospace industries to aid market growth         138

9.2.4      ITALY   139

9.2.4.1   Increased investments in healthcare and renewable energy sectors to boost market growth   139

9.2.5      FRANCE             141

9.2.5.1   Growth of automotive industry and favorable government policies to support market growth     141

9.2.6      BELGIUM          142

9.2.6.1   Developing medical devices market and growing aerospace sector to focus on market growth     142

9.2.7      REST OF EUROPE           144

9.3         ASIA PACIFIC    145

9.3.1      CHINA  148

9.3.1.1   Massive industrial growth and urbanization to drive market       148

9.3.2      JAPAN  150

9.3.2.1   Technologically advanced manufacturing base and increased investments in aviation sector to propel market growth         150

9.3.3      INDIA   151

9.3.3.1   Growth in automotive and aerospace industries to augment market growth              151

9.3.4      SOUTH KOREA 153

9.3.4.1   Technological advancements in electronics sector and favorable government initiatives to support market growth 153

9.3.5      VIETNAM          154

9.3.5.1   Increasing investments in advanced manufacturing technologies to spur market growth   154

9.3.6      REST OF ASIA PACIFIC  155

9.4         NORTH AMERICA          156

9.4.1      US         160

9.4.1.1   US to command largest market share in North American market during study period    160

9.4.2      CANADA            161

9.4.2.1   Increase in private and public investments and developed aerospace and oil & gas sectors to drive market       161

9.4.3      MEXICO             163

9.4.3.1   Increased private investments in automotive industry and high government focus on renewable energy to aid market growth     163

9.5         LATIN AMERICA             164

9.5.1      BRAZIL 167

9.5.1.1   High population and favorable industrial policies to drive market             167

9.5.2      COLOMBIA       168

9.5.2.1   Rising government investments in automotive, healthcare, and aerospace manufacturing industries to spur market growth          168

9.5.3      ARGENTINA      170

9.5.3.1   Increasing FDI and rising investments in renewable energy sector to propel market growth   170

9.5.4      REST OF LATIN AMERICA          171

9.6         MIDDLE EAST & AFRICA             172

9.6.1      SAUDI ARABIA  176

9.6.1.1   Growth in oil & gas and petroleum industries to augment market growth 176

9.6.2      UAE      177

9.6.2.1   Rise in healthcare expenditure and growth in aviation sector to

drive market        177

9.6.3      REST OF GCC COUNTRIES         179

9.6.4      SOUTH AFRICA 180

9.6.4.1   Increased investments in manufacturing sector to propel market growth  180

9.6.5      EGYPT 182

9.6.5.1   Increased focus on development of renewable energy and

healthcare sectors to drive market    182

9.6.6      REST OF MIDDLE EAST & AFRICA           183

10          COMPETITIVE LANDSCAPE       185

10.1       INTRODUCTION            185

10.2       KEY PLAYER STRATEGY/RIGHT TO WIN             185

10.2.1    OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN

THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET         185

10.3       REVENUE ANALYSIS, 2019–2023 187

10.4       MARKET SHARE ANALYSIS, 2023             187

10.4.1    RANKING OF KEY MARKET PLAYERS, 2023          188

10.5       BRAND/PRODUCT COMPARISON          190

10.5.1    LINDE AMT       191

10.5.2    OC OERLIKON MANAGEMENT AG         191

10.5.3    HÖGANÄS AB   191

10.5.4    SAINT-GOBIN   191

10.5.5    CURTISS-WRIGHT CORPORATION         191

10.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   192

10.6.1    STARS  192

10.6.2    EMERGING LEADERS    192

10.6.3    PERVASIVE PLAYERS     192

10.6.4    PARTICIPANTS 192

10.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      194

10.6.5.1 Company footprint            194

10.6.5.2 Product footprint 195

10.6.5.3 Process footprint 196

10.6.5.4 End-use industry footprint 197

10.6.5.5 Region footprint  198

10.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          198

10.7.1    PROGRESSIVE COMPANIES       199

10.7.2    RESPONSIVE COMPANIES          199

10.7.3    DYNAMIC COMPANIES 199

10.7.4    STARTING BLOCKS       199

10.7.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             201

10.8       COMPANY VALUATION AND FINANCIAL METRICS        202

10.8.1    COMPANY VALUATION 202

10.8.2    FINANCIAL METRICS    202

10.9       COMPETITIVE SCENARIO          203

10.9.1    PRODUCT LAUNCHES  203

10.9.2    DEALS  205

10.9.3    EXPANSIONS    206

11          COMPANY PROFILE      208

11.1       KEY PLAYERS   208

11.1.1    LINDE AMT       208

11.1.1.1 Business overview 208

11.1.1.2 Products/Services offered  209

11.1.1.3 MnM view           211

11.1.1.3.1            Right to win         211

11.1.1.3.2            Strategic choices  211

11.1.1.3.3            Weaknesses and competitive threats 211

11.1.2    OC OERLIKON MANAGEMENT AG         212

11.1.2.1 Business overview 212

11.1.2.2 Products/Services offered  213

11.1.2.3 Recent developments         215

11.1.2.3.1            Deals     215

11.1.2.3.2            Expansions          216

11.1.2.4 MnM view           217

11.1.2.4.1            Right to win         217

11.1.2.4.2            Strategic choices  217

11.1.2.4.3            Weaknesses and competitive threats 217

11.1.3    BODYCOTE       218

11.1.3.1 Business overview 218

11.1.3.2 Products/Services offered  219

11.1.3.3 Recent development          221

11.1.3.3.1            Deals     221

11.1.3.3.2            Expansions          221

11.1.3.4 MnM view           222

11.1.3.4.1            Right to win         222

11.1.3.4.2            Strategic choices  222

11.1.3.4.3            Weaknesses and competitive threats 222

11.1.4    A&A THERMAL SPRAY COATINGS          223

11.1.4.1 Business overview 223

11.1.4.2 Products/Services offered  224

11.1.5    HANNECARD    225

11.1.5.1 Business overview 225

11.1.5.2 Products/Services Offered 225

11.1.5.3 Recent developments         227

11.1.5.3.1            Product launches 227

11.1.5.3.2            Deals     227

11.1.6    ADOR FONTECH LIMITED         229

11.1.6.1 Business overview 229

11.1.6.2 Products/Services offered  230

11.1.7    CURTISS-WRIGHT CORPORATION         232

11.1.7.1 Business overview 232

11.1.7.2 Products/Services offered  233

11.1.7.3 Recent developments         235

11.1.7.3.1            Product launches 235

11.1.7.3.2            Deals     235

11.1.7.3.3            Expansions          236

11.1.8    HÖGANÄS AB   237

11.1.8.1 Business overview 237

11.1.8.2 Products/Services offered  237

11.1.8.3 Recent developments         238

11.1.8.3.1            Product launches 238

11.1.8.3.2            Deals     238

11.1.8.3.3            Expansions          239

11.1.9    WALL COLMONOY        240

11.1.9.1 Business overview 240

11.1.9.2 Products/Services offered  240

11.1.10  KENNAMETAL INC.       241

11.1.10.1             Business overview 241

11.1.10.2             Products/Services offered  242

11.1.11  SAINT-GOBAIN 244

11.1.11.1             Business overview 244

11.1.11.2             Products/Services offered  245

11.1.12  THE LINCOLN ELECTRIC COMPANY     247

11.1.12.1             Business overview 247

11.1.12.2             Products/Services offered  248

11.1.12.3             Recent developments         249

11.1.12.3.1          Product launches 249

11.1.12.3.2          Deals     249

11.1.13  FISHER BARTON            250

11.1.13.1             Business overview 250

11.1.13.2             Products/Services offered  250

11.1.14  GENERAL MAGNAPLATE CORPORATION           252

11.1.14.1             Business overview 252

11.1.14.2             Products/Services offered  252

11.1.15  SURFACE TECHNOLOGY            253

11.1.15.1             Business overview 253

11.1.15.2             Products/Services offered  253

11.1.15.3             Recent developments         254

11.1.15.3.1          Product launches 254

11.1.15.3.2          Deals     255

11.1.16  BRYCOAT INC.  256

11.1.16.1             Business overview 256

11.1.16.2             Products/Services offered  257

11.1.17  FLAME SPRAY TECHNOLOGIES B.V.       258

11.1.17.1             Business overview 258

11.1.17.2             Products/Services offered  258

11.2       OTHER PLAYERS           260

11.2.1    POLYMET         260

11.2.2    PROGRESSIVE SURFACE             261

11.2.3    EXLINE, INC.     262

11.2.4    GTV VERSCHLEIßSCHUTZ GMBH           263

11.2.5    AIMTEK, INC.    264

11.2.6    ALLOY METAL SURFACE TECHNOLOGIES          265

11.2.7    TSS SRL 266

11.2.8    CASTOLIN EUTECTIC   267

11.2.9    COAKEN TECHNO CO., LTD.     268

11.2.10  ELMET TECHNOLOGIES            269

11.2.11  APS MATERIALS, INC.    270

11.2.12  KERMETICO INC.           271

11.2.13  KYMERA INTERNATIONAL        272

11.2.14  PLASMA PROCESSES, LLC          273

12          ADJACENT AND RELATED MARKETS     274

12.1       INTRODUCTION            274

12.2       MARKET INSIGHT LIMITATIONS            274

12.3       INTERCONNECTED MARKETS  274

12.3.1    CELLULOSE ETHER & DERIVATIVES MARKET   274

12.3.1.1 Market definition 274

12.3.1.2 Market overview  274

12.3.1.3 Hard coatings market, by end-use industry    276

12.4       GENERAL MANUFACTURING    277

12.4.1    ENHANCED DURABILITY AND WEAR RESISTANCE TO DRIVE ADOPTION       277

12.5       TRANSPORTATION       279

12.5.1    ENHANCED DURABILITY, REDUCED MAINTENANCE, AND IMPROVED PERFORMANCE TO DRIVE MARKET      279

12.5.2    AUTOMOTIVE  279

12.5.3    MARINE             280

12.5.4    AEROSPACE      280

12.5.5    RAILROAD        280

12.6       MEDICAL/DENTAL EQUIPMENT            282

12.6.1    WEAR RESISTANCE, LONGEVITY, AND OPTIMAL PERFORMANCE TO DRIVE MARKET 282

12.7       BUILDING & ARCHITECTURE (INCLUDES HOME FURNISHINGS)              284

12.7.1    ELEVATING DURABILITY AND CORROSION RESISTANCE FOR PROLONGED INFRASTRUCTURE INTEGRITY TO DRIVE MARKET           284

12.8       FOOD MANUFACTURING/PREPARATION EQUIPMENT 286

12.8.1    ENHANCED EQUIPMENT LONGEVITY AND COMPLIANCE WITH HYGIENIC PROCESSING STANDARDS TO DRIVE MARKET           286

12.9       SPORTING EQUIPMENT             288

12.9.1    DURABILITY AND ENHANCED PERFORMANCE TO DRIVE MARKET              288

12.10     OTHER END-USE INDUSTRIES  290

13          APPENDIX         292

13.1       DISCUSSION GUIDE      292

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             297

13.3       CUSTOMIZATION OPTIONS      299

13.4       RELATED REPORTS       299

13.5       AUTHOR DETAILS         300

LIST OF TABLES

TABLE 1             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS: INCLUSIONS & EXCLUSIONS         31

TABLE 2             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PRODUCT: INCLUSIONS & EXCLUSIONS       32

TABLE 3             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY: INCLUSIONS & EXCLUSIONS    32

TABLE 4             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION: INCLUSIONS & EXCLUSIONS           33

TABLE 5             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET SNAPSHOT,

2024 VS. 2030     43

TABLE 6             THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

IMPACT OF PORTER’S FIVE FORCES      54

TABLE 7             INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES (%) 57

TABLE 8             KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              58

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 62

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 63

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 64

TABLE 12           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

ROLE IN ECOSYSTEM    73

TABLE 13           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

LIST OF MAJOR PATENTS, 2019–2024     74

TABLE 14           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

LIST OF KEY CONFERENCES AND EVENTS, JANUARY 2024–DECEMBER 2025              76

TABLE 15           AVERAGE MINIMUM AND MAXIMUM PRICE, BY EQUIPMENT, 2023 (USD)        79

TABLE 16           AVERAGE COSTS OF THERMAL SPRAY COATINGS, BY REGION,

2020–2023 (USD/M²)       80

TABLE 17           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2021–2023 (USD MILLION)           87

TABLE 18           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2024–2030 (USD MILLION)           87

TABLE 19           CERAMICS: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2021–2023 (USD MILLION)  89

TABLE 20           CERAMICS: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2024–2030 (USD MILLION)  89

TABLE 21           METALS & ALLOYS: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             90

TABLE 22           METALS & ALLOYS: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             91

TABLE 23           CARBIDES: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2021–2023 (USD MILLION)  91

TABLE 24           CARBIDES: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2024–2030 (USD MILLION)  92

TABLE 25           COMPOSITES: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2021–2023 (USD MILLION)  92

TABLE 26           COMPOSITES: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY REGION, 2024–2030 (USD MILLION)  93

TABLE 27           OTHER MATERIALS: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             94

TABLE 28           OTHER MATERIALS: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             94

TABLE 29           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY EQUIPMENT, 2021–2023 (USD MILLION)    95

TABLE 30           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY EQUIPMENT, 2024–2030 (USD MILLION)    96

TABLE 31           FLAME SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             96

TABLE 32           FLAME SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             97

TABLE 33           PLASMA SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             97

TABLE 34           PLASMA SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)              98

TABLE 35           HIGH-VELOCITY OXY-FUEL SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION) 98

TABLE 36           HIGH-VELOCITY OXY-FUEL SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION) 99

TABLE 37           ELECTRIC ARC SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             99

TABLE 38           ELECTRIC ARC SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             100

TABLE 39           HIGH-VELOCITY AIR-FUEL SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION) 100

TABLE 40           HIGH-VELOCITY AIR-FUEL SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION) 101

TABLE 41           COLD SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             101

TABLE 42           COLD SPRAY EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             102

TABLE 43           OTHER EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)             102

TABLE 44           OTHER EQUIPMENT: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)             103

TABLE 45           THERMAL SPRAY COATING SERVICES MARKET, BY REGION,

2021–2023 (USD MILLION)          103

TABLE 46           THERMAL SPRAY COATING SERVICES MARKET, BY REGION,

2024–2030 (USD MILLION)          104

TABLE 47           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2021–2023 (USD MILLION)           106

TABLE 48           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2024–2030 (USD MILLION)           106

TABLE 49           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR COMBUSTION FLAME PROCESS, BY REGION, 2021–2023 (USD MILLION)              108

TABLE 50           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR COMBUSTION FLAME PROCESS, BY REGION, 2024–2030 (USD MILLION)              108

TABLE 51           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR ELECTRICAL PROCESS, 2021–2023 (USD MILLION)  110

TABLE 52           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR ELECTRICAL PROCESS, BY REGION, 2024–2030 (USD MILLION)        110

TABLE 53           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        113

TABLE 54           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        113

TABLE 55           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR AEROSPACE INDUSTRY, BY REGION, 2021–2023 (USD MILLION)      115

TABLE 56           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR AEROSPACE INDUSTRY, BY REGION, 2024–2030 (USD MILLION)      115

TABLE 57           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR AUTOMOTIVE INDUSTRY, BY REGION, 2021–2023 (USD MILLION)  117

TABLE 58           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR AUTOMOTIVE INDUSTRY, BY REGION, 2024–2030 (USD MILLION)  117

TABLE 59           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR HEALTHCARE INDUSTRY, BY REGION, 2021–2023 (USD MILLION)   118

TABLE 60           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR HEALTHCARE INDUSTRY, BY REGION, 2024–2030 (USD MILLION)   119

TABLE 61           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR ENERGY & POWER INDUSTRY, BY REGION, 2021–2023 (USD MILLION)              120

TABLE 62           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR ENERGY & POWER INDUSTRY, BY REGION, 2024–2030 (USD MILLION)              120

TABLE 63           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET FOR ELECTRONICS INDUSTRY, BY REGION, 2021–2023 (USD MILLION)              121

TABLE 64           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET FOR ELECTRONICS INDUSTRY, BY REGION, 2024–2030 (USD MILLION)              122

TABLE 65           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET FOR AGRICULTURAL MACHINERY INDUSTRY, BY REGION, 2021–2023 (USD MILLION) 123

TABLE 66           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET FOR AGRICULTURAL MACHINERY INDUSTRY, BY REGION, 2024–2030 (USD MILLION) 123

TABLE 67           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR RENEWABLE ENERGY SECTOR, BY REGION, 2021–2023 (USD MILLION)              127

TABLE 68           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR RENEWABLE ENERGY SECTOR, BY REGION, 2024–2030 (USD MILLION)              127

TABLE 69           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR OTHER END-USE INDUSTRIES, BY REGION, 2021–2023 (USD MILLION)              128

TABLE 70           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET

FOR OTHER END-USE INDUSTRIES, BY REGION, 2024–2030 (USD MILLION)              128

TABLE 71           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2021–2023 (USD MILLION)            130

TABLE 72           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION)            130

TABLE 73           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY COUNTRY, 2021–2023 (USD MILLION)            132

TABLE 74           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)            132

TABLE 75           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS, 2021–2023 (USD MILLION) 132

TABLE 76           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS, 2024–2030 (USD MILLION) 133

TABLE 77           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2021–2023 (USD MILLION)           133

TABLE 78           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2024–2030 (USD MILLION)           133

TABLE 79           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        134

TABLE 80           EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        134

TABLE 81           GERMANY: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        135

TABLE 82           GERMANY: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        136

TABLE 83           UK: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        137

TABLE 84           UK: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        137

TABLE 85           RUSSIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        138

TABLE 86           RUSSIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        139

TABLE 87           ITALY: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        140

TABLE 88           ITALY: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        140

TABLE 89           FRANCE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        141

TABLE 90           FRANCE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        142

TABLE 91           BELGIUM: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        143

TABLE 92           BELGIUM: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        143

TABLE 93           REST OF EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              144

TABLE 94           REST OF EUROPE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              144

TABLE 95           ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY COUNTRY, 2021–2023 (USD MILLION)            146

TABLE 96           ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)            146

TABLE 97           ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS, 2021–2023 (USD MILLION) 146

TABLE 98           ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY PROCESS, 2024–2030 (USD MILLION) 147

TABLE 99           ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2021–2023 (USD MILLION)           147

TABLE 100         ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY MATERIAL, 2024–2030 (USD MILLION)           147

TABLE 101         ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        148

TABLE 102         ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        148

TABLE 103         CHINA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        149

TABLE 104         CHINA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        149

TABLE 105         JAPAN: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        150

TABLE 106         JAPAN: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        151

TABLE 107         INDIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        152

TABLE 108         INDIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–20308 (USD MILLION)      152

TABLE 109         SOUTH KOREA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 153

TABLE 110         SOUTH KOREA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 154

TABLE 111         VIETNAM: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        155

TABLE 112         VIETNAM: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        155

TABLE 113         REST OF ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              156

TABLE 114         REST OF ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              156

TABLE 115         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         158

TABLE 116         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY COUNTRY, 2024–2030 (USD MILLION)         158

TABLE 117         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2021–2023 (USD MILLION)           158

TABLE 118         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2024–2030 (USD MILLION)           158

TABLE 119         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY MATERIAL, 2021–2023 (USD MILLION)         159

TABLE 120         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY MATERIAL, 2024–2030 (USD MILLION)         159

TABLE 121         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              159

TABLE 122         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              160

TABLE 123         US: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        161

TABLE 124         US: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        161

TABLE 125         CANADA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        162

TABLE 126         CANADA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        162

TABLE 127         MEXICO: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        163

TABLE 128         MEXICO: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        164

TABLE 129         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         165

TABLE 130         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY COUNTRY, 2024–2030 (USD MILLION)         165

TABLE 131         LATIN AMERICA THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2021–2023 (USD MILLION)       165

TABLE 132         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY PROCESS, 2024–2030 (USD MILLION)           165

TABLE 133         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY MATERIAL, 2021–2023 (USD MILLION)         166

TABLE 134         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY MATERIAL, 2024–2030 (USD MILLION)         166

TABLE 135         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              166

TABLE 136         LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              167

TABLE 137         BRAZIL: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        168

TABLE 138         BRAZIL: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        168

TABLE 139         COLOMBIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        169

TABLE 140         COLOMBIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        169

TABLE 141         ARGENTINA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        170

TABLE 142         ARGENTINA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        171

TABLE 143         REST OF LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              171

TABLE 144         REST OF LATIN AMERICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              172

TABLE 145         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         173

TABLE 146         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY COUNTRY, 2024–2030 (USD MILLION)         173

TABLE 147         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY PROCESS, 2021–2023 (USD MILLION)           173

TABLE 148         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY PROCESS, 2024–2030 (USD MILLION)           174

TABLE 149         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY MATERIAL, 2021–2023 (USD MILLION)        174

TABLE 150         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY MATERIAL, 2024–2030 (USD MILLION)         174

TABLE 151         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              175

TABLE 152         MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              175

TABLE 153         SAUDI ARABIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        176

TABLE 154         SAUDI ARABIA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        177

TABLE 155         UAE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        178

TABLE 156         UAE: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        178

TABLE 157         REST OF GCC COUNTRIES: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              179

TABLE 158         REST OF GCC COUNTRIES: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              180

TABLE 159         SOUTH AFRICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 181

TABLE 160         SOUTH AFRICA: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 181

TABLE 161         EGYPT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        182

TABLE 162         EGYPT: THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET,

BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        183

TABLE 163         REST OF MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)              184

TABLE 164         REST OF MIDDLE EAST & AFRICA: THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)              184

TABLE 165         OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN

THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET         185

TABLE 166         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

PRODUCT FOOTPRINT 195

TABLE 167         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

PROCESS FOOTPRINT  196

TABLE 168         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

END-USE INDUSTRY FOOTPRINT           197

TABLE 169         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

REGION FOOTPRINT    198

TABLE 170         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

DETAILED LIST OF KEY STARTUP/SME PLAYERS            201

TABLE 171         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         201

TABLE 172         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

PRODUCT LAUNCHES, JANUARY 2021–JULY 2024            203

TABLE 173         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

DEALS, JANUARY 2021–JULY 2024            205

TABLE 174         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

EXPANSIONS, JANUARY 2021–JULY 2024 206

TABLE 175         LINDE AMT: COMPANY OVERVIEW       208

TABLE 176         LINDE AMT: PRODUCTS/SERVICES OFFERED    209

TABLE 177         OC OERLIKON MANAGEMENT AG: COMPANY OVERVIEW              212

TABLE 178         OC OERLIKON MANAGEMENT AG: PRODUCTS/SERVICES OFFERED          213

TABLE 179         OC OERLIKON MANAGEMENT AG: DEALS, JANUARY 2021–JULY 2024      215

TABLE 180         OC OERLIKON MANAGEMENT AG: EXPANSIONS, JANUARY 2021–JULY 2024 216

TABLE 181         BODYCOTE: COMPANY OVERVIEW       218

TABLE 182         BODYCOTE: PRODUCTS/SERVICES OFFERED   219

TABLE 183         BODYCOTE: DEALS, JANUARY 2021–JULY 2024   221

TABLE 184         BODYCOTE: EXPANSIONS, JANUARY 2021–JULY 2024      221

TABLE 185         A&A THERMAL SPRAY COATINGS: COMPANY OVERVIEW              223

TABLE 186         A&A THERMAL SPRAY COATINGS: PRODUCTS/SERVICES OFFERED          224

TABLE 187         HANNECARD: COMPANY OVERVIEW     225

TABLE 188         HANNECARD: PRODUCTS/ SERVICES OFFERED 225

TABLE 189         HANNECARD: PRODUCT LAUNCHES, JANUARY 2021–JULY 2024              227

TABLE 190         HANNECARD: DEALS, JANUARY 2021–JULY 2024 227

TABLE 191         ADOR FONTECH LIMITED: COMPANY OVERVIEW          229

TABLE 192         ADOR FONTECH LIMITED: PRODUCTS/SERVICES OFFERED              230

TABLE 193         CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW              232

TABLE 194         CURTISS-WRIGHT CORPORATION: PRODUCTS/SERVICES OFFERED          233

TABLE 195         CURTISS-WRIGHT CORPORATION: PRODUCT LAUNCHES,

JANUARY 2021–JULY 2024           235

TABLE 196         CURTISS-WRIGHT CORPORATION: DEALS, JANUARY 2021–JULY 2024          235

TABLE 197         CURTISS-WRIGHT CORPORATION: EXPANSIONS, JANUARY 2021–JULY 2024 236

TABLE 198         HÖGANÄS AB: COMPANY OVERVIEW    237

TABLE 199         HÖGANÄS AB: PRODUCTS/SERVICES OFFERED 237

TABLE 200         HÖGANÄS AB: PRODUCT LAUNCHES, JANUARY 2021–JULY 2024              238

TABLE 201         HÖGANÄS AB: DEALS, JANUARY 2021–JULY 2024 238

TABLE 202         HÖGANÄS AB: EXPANSIONS, JANUARY 2021–JULY 2024  239

TABLE 203         WALL COLMONOY: COMPANY OVERVIEW         240

TABLE 204         WALL COLMONOY: PRODUCTS/SERVICES OFFERED     240

TABLE 205         KENNAMETAL INC.: COMPANY OVERVIEW        241

TABLE 206         KENNAMETAL INC.: PRODUCTS/SERVICES OFFERED    242

TABLE 207         SAINT-GOBAIN: COMPANY OVERVIEW 244

TABLE 208         SAINT-GOBAIN: PRODUCTS/SERVICES OFFERED           245

TABLE 209         THE LINCOLN ELECTRIC COMPANY: COMPANY OVERVIEW              247

TABLE 210         THE LINCOLN ELECTRIC COMPANY: PRODUCTS/SERVICES OFFERED          248

TABLE 211         THE LINCOLN ELECTRIC COMPANY: PRODUCT LAUNCHES,

JANUARY 2021–JULY 2024           249

TABLE 212         THE LINCOLN ELECTRIC COMPANY: DEALS, JANUARY 2021–JULY 2024          249

TABLE 213         FISHER BARTON: COMPANY OVERVIEW             250

TABLE 214         FISHER BARTON: PRODUCTS/SERVICES OFFERED         250

TABLE 215         GENERAL MAGNAPLATE CORPORATION: COMPANY OVERVIEW        252

TABLE 216         GENERAL MAGNAPLATE CORPORATION: PRODUCTS/SERVICES OFFERED            252

TABLE 217         SURFACE TECHNOLOGY: COMPANY OVERVIEW            253

TABLE 218         SURFACE TECHNOLOGY: PRODUCTS/SERVICES OFFERED              253

TABLE 219         SURFACE TECHNOLOGY: PRODUCT LAUNCHES, JANUARY 2021–JULY 2024 254

TABLE 220         SURFACE TECHNOLOGY: DEALS, JANUARY 2021–JULY 2024              255

TABLE 221         BRYCOAT INC.: COMPANY OVERVIEW  256

TABLE 222         BRYCOAT INC.: PRODUCTS/SERVICES OFFERED            257

TABLE 223         FLAME SPRAY TECHNOLOGIES B.V.: COMPANY OVERVIEW              258

TABLE 224         FLAME SPRAY TECHNOLOGIES B.V.: PRODUCTS/SERVICES OFFERED          258

TABLE 225         POLYMET: COMPANY OVERVIEW          260

TABLE 226         PROGRESSIVE SURFACE: COMPANY OVERVIEW 261

TABLE 227         EXLINE, INC.: COMPANY OVERVIEW      262

TABLE 228         GTV VERSCHLEIßSCHUTZ GMBH: COMPANY OVERVIEW              263

TABLE 229         AIMTEK, INC.: COMPANY OVERVIEW    264

TABLE 230         ALLOY METAL SURFACE TECHNOLOGIES: COMPANY OVERVIEW        265

TABLE 231         TSS SRL: COMPANY OVERVIEW 266

TABLE 232         CASTOLIN EUTECTIC: COMPANY OVERVIEW    267

TABLE 233         COAKEN TECHNO CO., LTD.: COMPANY OVERVIEW      268

TABLE 234         ELMET TECHNOLOGIES: COMPANY OVERVIEW             269

TABLE 235         APS MATERIALS, INC.: COMPANY OVERVIEW    270

TABLE 236         KERMETICO INC.: COMPANY OVERVIEW            271

TABLE 237         KYMERA INTERNATIONAL: COMPANY OVERVIEW         272

TABLE 238         PLASMA PROCESSES, LLC: COMPANY OVERVIEW           273

TABLE 239         HARD COATINGS MARKET, BY END-USE INDUSTRY, 2021–2022 (USD MILLION) 276

TABLE 240         HARD COATINGS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 276

TABLE 241         HARD COATINGS MARKET, BY END-USE INDUSTRY, 2021–2022 (KILOTON)       277

TABLE 242         HARD COATINGS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)       277

TABLE 243         GENERAL MANUFACTURING: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          278

TABLE 244         GENERAL MANUFACTURING: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          278

TABLE 245         GENERAL MANUFACTURING: HARD COATINGS MARKET, BY REGION,

2021–2022 (KILOTON)   278

TABLE 246         GENERAL MANUFACTURING: HARD COATINGS MARKET, BY REGION,

2023–2028 (KILOTON)   279

TABLE 247         TRANSPORTATION: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          280

TABLE 248         TRANSPORTATION: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          281

TABLE 249         TRANSPORTATION: HARD COATINGS MARKET, BY REGION, 2021–2022 (KILOTON)   281

TABLE 250         TRANSPORTATION: HARD COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)   281

TABLE 251         MEDICAL/DENTAL EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          282

TABLE 252         MEDICAL/DENTAL EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          282

TABLE 253         MEDICAL/DENTAL EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2021–2022 (KILOTON)   283

TABLE 254         MEDICAL/DENTAL EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2023–2028 (KILOTON)   283

TABLE 255         BUILDING & ARCHITECTURE: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          284

TABLE 256         BUILDING & ARCHITECTURE: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          285

TABLE 257         BUILDING & ARCHITECTURE: HARD COATINGS MARKET, BY REGION,

2021–2022 (KILOTON)   285

TABLE 258         BUILDING & ARCHITECTURE: HARD COATINGS MARKET, BY REGION,

2023–2028 (KILOTON)   285

TABLE 259         FOOD MANUFACTURING/PREPARATION EQUIPMENT: HARD COATINGS MARKET,

BY REGION, 2021–2022 (USD MILLION)  286

TABLE 260         FOOD MANUFACTURING/PREPARATION EQUIPMENT: HARD COATINGS MARKET,

BY REGION, 2023–2028 (USD MILLION)  286

TABLE 261         FOOD MANUFACTURING/PREPARATION EQUIPMENT: HARD COATINGS MARKET,

BY REGION, 2021–2022 (KILOTON)         287

TABLE 262         FOOD MANUFACTURING/PREPARATION EQUIPMENT: HARD COATINGS MARKET,

BY REGION, 2023–2028 (KILOTON)         287

TABLE 263         SPORTING EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          288

TABLE 264         SPORTING EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          288

TABLE 265         SPORTING EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2021–2022 (KILOTON)   289

TABLE 266         SPORTING EQUIPMENT: HARD COATINGS MARKET, BY REGION,

2023–2028 (KILOTON)   289

TABLE 267         OTHER END-USE INDUSTRIES: HARD COATINGS MARKET, BY REGION,

2021–2022 (USD MILLION)          290

TABLE 268         OTHER END-USE INDUSTRIES: HARD COATINGS MARKET, BY REGION,

2023–2028 (USD MILLION)          290

TABLE 269         OTHER END-USE INDUSTRIES: HARD COATINGS MARKET, BY REGION,

2021–2022 (KILOTON)   291

TABLE 270         OTHER END-USE INDUSTRIES: HARD COATINGS MARKET, BY REGION,

2023–2028 (KILOTON)   291

LIST OF FIGURES

FIGURE 1           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

SEGMENTS CONSIDERED          31

FIGURE 2           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

YEARS CONSIDERED     34

FIGURE 3           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

RESEARCH DESIGN       35

FIGURE 4           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

KEY DATA FROM SECONDARY SOURCES            36

FIGURE 5           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

KEY DATA FROM PRIMARY SOURCES    37

FIGURE 6           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

KEY INDUSTRY INSIGHTS          37

FIGURE 7           THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

BREAKDOWN OF PRIMARIES     38

FIGURE 8           BASE NUMBER CALCULATION APPROACH        38

FIGURE 9           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    39

FIGURE 10         MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  39

FIGURE 11         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

DATA TRIANGULATION             40

FIGURE 12         COMPOSITES TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2030           44

FIGURE 13         AEROSPACE INDUSTRY ACCOUNTED FOR LARGEST MARKET SHARE IN 2023  44

FIGURE 14         NORTH AMERICA COMMANDED LARGEST MARKET SHARE IN 2023      45

FIGURE 15         INCREASING NEED FOR ADVANCED HEALTHCARE AND DECREASING MAINTENANCE COSTS OF THERMAL SPRAYED PARTS TO DRIVE MARKET            46

FIGURE 16         COMBUSTION FLAME PROCESS SEGMENT TO ACCOUNT FOR

LARGER MARKET SHARE DURING STUDY PERIOD         46

FIGURE 17         CHINA TO REGISTER HIGHEST CAGR DURING STUDY PERIOD              47

FIGURE 18         US AND METALS & ALLOYS SEGMENT COMMANDED LARGEST MARKET

SHARE IN 2023  48

FIGURE 19         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    50

FIGURE 20         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

PORTER’S FIVE FORCES 55

FIGURE 21         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES        57

FIGURE 22         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              58

FIGURE 23         THERMAL SPRAY COATING EQUIPMENT AND SERVICE MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS    59

FIGURE 24         VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED DURING EQUIPMENT MANUFACTURING AND COATING FORMULATION AND PRODUCTION PHASES 60

FIGURE 25         IMPORT DATA FOR HS CODE 8515, BY COUNTRY, 2019–2023 (USD THOUSAND)        65

FIGURE 26         EXPORT DATA FOR HS CODE 8515, BY COUNTRY, 2019–2023 (USD THOUSAND)        66

FIGURE 27         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

ECOSYSTEM ANALYSIS 72

FIGURE 28         LIST OF MAJOR PATENTS FOR THERMAL SPRAY COATING EQUIPMENT

AND SERVICES 74

FIGURE 29         INVESTMENT AND FUNDING IN THERMAL SPRAY COATING EQUIPMENT

AND SERVICES MARKET, 2022–2024 (USD MILLION)       77

FIGURE 30         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

AVERAGE MINIMUM AND MAXIMUM PRICE, BY EQUIPMENT (2023)       79

FIGURE 31         SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD              86

FIGURE 32         COMPOSITES TO REGISTER HIGHEST GROWTH RATE DURING STUDY PERIOD 87

FIGURE 33         PLASMA SPRAY EQUIPMENT TO GROW AT HIGHEST CAGR DURING STUDY PERIOD            95

FIGURE 34         COMBUSTION FLAME PROCESS TO GROW AT HIGHER CAGR

DURING FORECAST PERIOD     106

FIGURE 35         RENEWABLE ENERGY SECTOR TO WITNESS HIGHEST CAGR

BETWEEN 2024 AND 2030           112

FIGURE 36         EUROPE: THERMAL SPRAY COATING EQUIPMENT AND

SERVICES MARKET SNAPSHOT 131

FIGURE 37         ASIA PACIFIC: THERMAL SPRAY COATING EQUIPMENT AND

SERVICES MARKET SNAPSHOT 145

FIGURE 38         NORTH AMERICA: THERMAL SPRAY COATING EQUIPMENT AND

SERVICES MARKET SNAPSHOT 157

FIGURE 39         REVENUE ANALYSIS OF KEY PLAYERS IN THERMAL SPRAY

COATING EQUIPMENT AND SERVICES MARKET (2019–2023)      187

FIGURE 40         MARKET SHARE ANALYSIS OF KEY PLAYERS IN THERMAL SPRAY

COATING EQUIPMENT AND SERVICES MARKET (2023) 188

FIGURE 41         RANKING OF TOP FIVE PLAYERS IN THERMAL SPRAY COATING

EQUIPMENT AND SERVICES MARKET (2023)      188

FIGURE 42         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS 190

FIGURE 43         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 193

FIGURE 44         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

COMPANY FOOTPRINT 194

FIGURE 45         THERMAL SPRAY COATING EQUIPMENT AND SERVICES MARKET:

COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023        200

FIGURE 46         COMPANY VALUATION OF KEY PLAYERS (USD BILLION)              202

FIGURE 47         EV/EBITDA OF KEY PLAYERS    202

FIGURE 48         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF

KEY MANUFACTURERS 203

FIGURE 49         LINDE AMT: COMPANY SNAPSHOT (2023)          209

FIGURE 50         OC OERLIKON MANAGEMENT AG: COMPANY SNAPSHOT (2023)   213

FIGURE 51         BODYCOTE: COMPANY SNAPSHOT (2023)         219

FIGURE 52         ADOR FONTECH LIMITED: COMPANY SNAPSHOT (2022)              229

FIGURE 53         CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT (2023)   233

FIGURE 54         KENNAMETAL INC.: COMPANY SNAPSHOT        242

FIGURE 55         SAINT-GOBAIN: COMPANY SNAPSHOT (2023)   244

FIGURE 56         THE LINCOLN ELECTRIC COMPANY: COMPANY SNAPSHOT (2023)   248