Thermal Spray Coating Market Outlook 2019: How the Jet Engine Manufacturers and Companies will Grow In 2024?
Category: #business  By Sachin Pashte  Date: 2019-08-13
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Thermal Spray Coating Market Outlook 2019: How the Jet Engine Manufacturers and Companies will Grow In 2024?

Thermal spray coating market growth will propel by rising demand in jet engine & aerospace sectors. Jet engine manufacturers and companies in aviation sectors are looking forward to implementing next-generation coating technologies in order to enhance the capability of jet engines to withstand high stress and temperatures, which would propel.

Moreover, the versatility of thermal spraying technology, owing to which it can be used for any type of material including plastic, metal, and ceramic, is one the major benefits that can be credited for its rising preference. In order to maintain the cost-effectiveness and quality of coatings, leading aerospace companies have been signing long-term partnership agreements with pivotal participants in thermal spray coating market.

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For instance, a year before, Praxair Surface Technologies, one of the notable thermal spray coating industry firms, signed a 10-year contract with the well-known aero engine manufacturer, Rolls Royce. Praxair Surface Technologies’ humongous expertise in coating operations will help Rolls Royce improve its engine efficiency and lifecycle. Thus, pertaining to the surging requirement of spray coatings in the aviation sector, in 2016, aerospace and defense held a revenue of USD 2.5 billion in thermal spray coating market share.

Merely a few days ago, NASA took notice of a research study in thermal spray coating market that entailed a new technology to be deployed in aerospace gas turbine engines. The study claims that controlled segmented YSZ (Yttria Stabilised Zirconia) plasma-sprayed coating technology has the potential to lower thermal spray coating costs by nearly 50%. Rather, the segmentation (cracks) in the coating prove beneficial for gas turbine engine designs used in aircrafts. Indeed, the new technology has been acknowledged as an inexpensive solution for the existing YSZ thermal barrier coatings developed by the APS (atmospheric plasma sprayed) technique and stands to be in a more accepting position to be commercialized sooner than anticipated. The new technology that may soon officially debut in thermal spray coating industry also seems to have an advantage over expensive techniques such as EB-PVD or SPS deposited coatings.

With the increasing adoption rate of thermal spray coating technologies, several contributors in thermal spray coating market are focusing on the development of innovative and advanced coating technologies incorporated with the benefits of less energy consumption, lesser downtime, improved productivity, high quality products, extended shelf life of products, and lower operating costs. Indeed, in the ensuing years, the growing demand for next-generation engines and high-quality components is slated to generate lucrative opportunities for giants in thermal spray coating industry, that would eventually impact the revenue generation of this business space.

Browse key industry insights spread across 550 pages with 452 market data tables & 21 figures & charts from the report, “Thermal Spray Coating Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/thermal-spray-coating-market

Glimpse of Table of Content (ToC)

Chapter 3 Thermal Spray Coating Market Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013- 2024

3.3 Industry ecosystem analysis

3.3.1 Distribution channel analysis

3.3.2 Profit margin trends

3.3.3 Vendor matrix

3.4 Technology landscape

3.4.1 Combustion flame

3.4.1.1 Low velocity

3.4.1.2 The High-Velocity Oxygen Fuel (HVOF)

3.4.1.3 Detonation

3.4.2 Electrical energy

3.4.2.1 Two-wire electric arc spraying

3.4.2.2 Plasma spray

3.4.2.3 Cold spray

3.5 Regulatory landscape

3.5.1 North America

3.5.1.1 Spray Finishing Using Flammable and Combustible Materials - Regulations (Standards - 29 CFR) – Standard Number: 1910.107 - Occupational Safety and Health Standards (OSHA)

3.5.1.2 National Emission Standards for Hazardous Air Pollutants: Area Source Standards for Nine Metal Fabrication and Finishing Source Categories - 40 CFR Part 63 - Environmental Protection Agency (EPA)

3.5.1.3 Clean Air Act Amendments of 1990 - Environmental Protection Agency (EPA)

3.5.2 Europe

3.5.2.1 REACH (EC 1907/2006) Regulation – European Chemicals Agency (ECHA) – European Union (EU)

3.5.3 Asia Pacific

3.5.3.1 VOC Regulation of Honk Kong

3.5.3.2 National Industrial Chemicals Notification and Assessment Scheme (NICNAS) – Australia

3.5.4 Latin America

3.5.4.1 Administrative Rule 319 - National Chemical Safety Commission – Brazil

3.5.5 Middle East & Africa

3.5.5.1 Regulation DD-19.0: Hazardous/Dangerous Chemical Storage Warehouse- Saudi Standards, Metrology and Quality Organization (SASO) and Government of Dubai

3.6 Industry best practices & key buying criteria

3.7 Pricing analysis, by region

3.7.1 North America

3.7.2 Europe

3.7.3 APAC

3.7.4 LATAM

3.7.5 MEA

3.7.6 Cost structure analysis

3.8 Innovation & sustainability

3.8.1 Thermal spray of repair and protective coatings

3.8.2 Innovation in the process of thermal spraying coatings by University of Occupational Safety Management, Poland

3.8.3 NASA on Indian made thermal spray coating technology for spacecraft

3.9 Industry impact forces

3.9.1 Growth drivers

3.9.1.1 Shifting trends to attain cost optimization in North American aerospace industry

3.9.1.2 Expansion of European healthcare industry

3.9.1.3 Rising automotive production in APAC

3.9.1.4 Opportunities in the LATAM oil & gas industry

3.9.1.5 Growth in the MEA aviation Industry

3.9.2 Industry pitfall & challenges

3.9.2.1 Emergence of liquid coatings as better substitute

3.9.2.2 Lack of technical expertise

3.10 Global industrial coatings market overview (Parent market outlook)

3.10.1 Global industrial coatings market estimates & forecast, 2013-2024 (USD Billion)

3.10.2 Trends

3.10.3 Consumer requirements

3.11 Growth potential analysis

3.12 Competitive landscape, 2016

3.12.1 Market share analysis, 2016

3.12.2 Key stakeholders

3.12.3 Strategy dashboard

3.12.4 Thermal spray coating suppliers, by region

3.12.5 Thermal spray coating distributors, by region

3.12.6 Thermal spray coating potential customers, by region

3.13 Porter’s analysis

3.14 PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/thermal-spray-coating-market

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About Author

Sachin Pashte    

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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