Global Thermal Spray Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Thermal Spray Coating Systems, Dust Collection Equipment, Spray Guns And Nozzles, Feeder Equipment, Spare Parts, Noise-Reducing Enclosures, and Other Product Types.

By Process;

Combustion and Electric Energy.

By End-User;

Aerospace, Industrial Gas Turbines, Automotive, Electronics, Oil & Gas, Medical Devices, Energy & Power and Others End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn765890484 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Thermal Spray Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Thermal Spray Equipment Market was valued at USD 10,074.49 million. The size of this market is expected to increase to USD 15,349.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global thermal spray equipment market has emerged as a pivotal segment within the industrial coatings sector, primarily due to its extensive application across various industries. Thermal spray processes involve the deposition of molten or semi-molten materials onto a substrate to form a coating. These coatings serve multiple purposes, such as enhancing wear resistance, corrosion protection, and thermal insulation. The market encompasses a wide range of equipment, including flame spray, electric arc spray, plasma spray, and high-velocity oxygen fuel (HVOF) systems, each offering unique advantages depending on the specific requirements of the application.

The adoption of thermal spray technology is driven by the growing need for superior surface properties in critical components used in industries such as aerospace, automotive, healthcare, and energy. In the aerospace sector, for instance, thermal spray coatings are essential for improving the durability and performance of engine components, landing gears, and airframes. Similarly, in the automotive industry, these coatings help extend the lifespan of parts exposed to high temperatures and friction. The healthcare sector also benefits from thermal spray technology, particularly in the production of prosthetics and medical devices that require biocompatible and wear-resistant surfaces.

The market's growth is further propelled by technological advancements and innovations in thermal spray processes and materials. Companies are investing heavily in research and development to introduce new coating materials and improve the efficiency and precision of thermal spray equipment. Additionally, the increasing emphasis on sustainable and eco-friendly coating solutions is shaping the market dynamics. With the global industrial landscape continuously evolving, the demand for advanced thermal spray equipment is expected to remain robust, fostering significant growth opportunities in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Process
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Thermal Spray Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial growth demand
        2. Advanced material innovation
        3. Sustainability regulations compliance
        4. Enhanced equipment efficiency
      2. Restraints
        1. High initial costs
        2. Skilled labor shortage
        3. Complex maintenance requirements
        4. Environmental impact concerns
      3. Opportunities
        1. Emerging market expansion
        2. Technological advancements adoption
        3. Renewable energy integration
        4. Medical device innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Thermal Spray Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Thermal Spray Coating Systems
      2. Dust Collection Equipment
      3. Spray Guns And Nozzles
      4. Feeder Equipment
      5. Spare Parts
      6. Noise-Reducing Enclosures
      7. Other Product Types
    2. Global Thermal Spray Equipment Market, By Process, 2021 - 2031 (USD Million)
      1. Combustion
      2. Electric Energy
    3. Global Thermal Spray Equipment Market, By End-User, 2021 - 2031 (USD Million)
      1. Aerospace
      2. Industrial Gas Turbines
      3. Automotive
      4. Electronics
      5. Oil & Gas
      6. Medical Devices
      7. Energy & Power
      8. Others End-user Industries
    4. Global Thermal Spray Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Oerlikon
      2. Praxair S.T. Technology, Inc.
      3. Saint-Gobain
      4. Donaldson Company Inc.
  7. Analyst Views
  8. Future Outlook of the Market