London, 17 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Thermal Spray Market 2015-2019, which is expected to witness a CAGR of 8.13 percent during the period 2015-2019.
Thermal spraying is known to have a low negative impact on the environment, provided proper precautions are taken during operation. Because of this, its usage is encouraged by governments in developed regions such as North America and Western Europe.
“At present, the thermal spray technique for ceramic coating is adopted by many processes and discrete industries across the globe,” says Faisal Ghaus, Vice President of TechNavio.
“he Automotive, Aerospace, Oil and Petrochemical, and Food Processing industries are increasingly using the thermal spray technique for ceramic coating due to its several advantages.”
Key Market Drivers
- Advantages Associated with Thermal Spraying
- Increased Demand from Turbine Industry
- Regulatory Support
Key Market Trends
- Increased Demand for Thermal Spray Technology
- Increased Use of Plasma Spraying
- Increased Demand from Emerging Markets
Key Market Vendors
- Kurt J. Lesker Co.
- Praxair Surface Technologies Inc.
- Sulzer
- The Linde Group
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
