The global thermal spray materials market is expected to showcase a significant growth during the forecast period (2017-2023). This market growth can be attributed to the increasing use of thermal spray technologies in the aerospace industry. Another factor which is primarily driving the growth of the market includes the use of these materials in the medical devices.Request to Get the Sample Report : https://www.psmarketresearch.com/market-analysis/thermal-spray-materials-market/report-sample
The key trend observed in the study includes the extensive use of thermal spray coating materials in the aerospace industry. Thermal spray technology is being adopted by The Boeing Co. since 1968. The company continued to develop thermal spray technology by collaborating with the Hard Chromium Alternative Team activities in the 1900s.
Additionally, for strong and durable anchoring of orthopaedic implants, such as artificial hip joints, surface finish is of great importance. All these factors are responsible for the exponential growth of the market during the forecast period.
The global thermal spray materials market has a lot of potential for growth in it. The major players in the thermal spray market are adopting significant competitive strategies such as merger, acquisitions and joint ventures to hold a competitive edge in the global market.
Thermal spray materials are the fundamental part of the thermal spray coating. The coating materials have been segmented into powders, rods/wires and others (liquid) along with the former being segmented into metal-based (pure metals and alloys, precious metals, and MCrAlY), ceramic-based, polymers and others.
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Some of the key players in the global market include OMNOVA Solutions Inc., The DyStar Group, The Dow Chemical Company and Kiri Industries Limited.
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About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.
Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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