Thermal Sprayed Aluminum Coatings Market: Corrosion and Foul Protection
- The thermal sprayed aluminum coating process entails spraying of heated metals onto a surface. Metal spraying implies projection of small molten particles onto a prepared surface, where the particles stick to and form an uninterrupted coating.
- Of late, the thermal sprayed aluminum coating process has gained traction due to its durability and corrosion protection
- Thermal sprayed aluminum coatings are widely used in marine and subsea environment. Low requirement of maintenance and resistance from corrosion makes them an ideal choice for usage in offshore environment.
- Thermal sprayed aluminum coatings are used in various applications, as these coatings are operationally viable vis-à-vis other coatings. These coatings are also economically preferable easier to use.
- Thermal sprayed aluminum coatings are used in various industries across the globe, as they offer strong adhesion qualities, resistance to mechanical impacts, and broad operating range (-45?C to 540?C). These coatings do not carry health threats from solvents or other organic substances.
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Key Drivers of Thermal Sprayed Aluminum Coatings Market
- Increase in need of protection from corrosion and harsh chemicals, and rise in industrial hubs across the globe are factors driving the thermal sprayed aluminum coatings market
- Thermal sprayed aluminum coatings also provide decorative and functional applications, due to this it is widely used in oil & gas, automotive sector. This factor is likely to drive the global thermal sprayed aluminum coatings market during the forecast period.
Fluctuation in Raw Material Prices to Hamper Market
- Increase in concerns to reduce wastage of materials and overspray, and volatility in prices of raw materials are anticipated to hamper the market
- Development of alternative techniques, such as liquid coatings that carry superior properties, to reach hard surfaces is also anticipated to adversely affect the market
Opportunities for Thermal Sprayed Aluminum Coatings Market
- Significant expansion in the paints & coatings industry, owing to a shift in demand toward decorative and functional paints, is expected fuel the thermal sprayed aluminum coatings market
- Emergence of various applications of thermal sprayed aluminum coatings is also anticipated to propel the demand for these coatings in the near future
- Rise in usage of thermal sprayed aluminum coatings in oil & gas and marine industries for protection against corrosive environments is also estimated to boost the market
Asia Pacific Expected to Hold Significant Share of Thermal Sprayed Aluminum Coatings Market
- In terms of region, the thermal sprayed aluminum coatings market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- The thermal sprayed aluminum coatings market in Asia Pacific is expected to expand significantly due to the increase in automotive production in the region
- Market share of Asia Pacific is anticipated to rise prominently during the forecast period. It is projected to be followed by Europe and North America.
- Various mergers have taken place in the thermal sprayed aluminum coatings market in Asia Pacific over the last decade. Companies across the globe are planning to relocate their manufacturing locations to China in order to maximize their revenue by decreasing production and distribution costs.
- The global thermal sprayed aluminum coatings market is anticipated to expand at a fast-paced CAGR during the forecast period owing to the rise in adoption of sustainable technologies in manufacturing across the globe
- Latin America dominated the market in 2018. The region is likely to continue its dominance during the forecast period. Growth in the aerospace industry and emergence of aerospace companies in Mexico are estimated to boost the market in the region. Constant expansion in the automobile industry and increase in oil exploration activities in Mexico are estimated to fuel the market in the country.
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Key Players Operating in Thermal Sprayed Aluminum Coatings Market
- Metatech Thermal Spray Pvt. Ltd
- Barrier Group
- Praxair S.T. Technology, Inc.
- Oerlikon Metco
Global Thermal Sprayed Aluminum Coatings Market: Research Scope
Global Thermal Sprayed Aluminum Coatings Market, by Product Type
- Flame Spraying
- Oxyethylene Flame Powder Coating Spraying
- Arc Spraying
Thermal Sprayed Aluminum Coatings Market Segment, by Application
- Anticorrosion Coatings
- Decorative Coatings
- Wear Resistant Coatings
- Thermal Barrier Coatings
Thermal Sprayed Aluminum Coatings Market Segment, by End-user
- Oil & Gas
- Chemical & Petrochemical
- Automotive & Aerospace
Thermal Sprayed Aluminum Coatings Market Segment, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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