Thermal spray materials are available in two types — wire/rod and powder. Of these, wire/rod thermal spray material offers better quality coating than the powder one. The wire/rod spraying processes involve the applications of ceramic-based, metal-based, and polymer-based wires/rods. These wires or rods are fed into guns or torches that are heated above their melting points to generate molten droplets. After this, the molten droplets are dispatched in a stream of gas and cast over the surface for coating purpose.
These thermal spray materials are largely used in industries such as oil & gas, energy and power, aerospace, medical devices, electronics, automobile, and industrial gas turbines. Additionally, these materials are employed in mining, textile manufacturing, food processing, rubber production, and industrial manufacturing units. The surging usage of thermal spray materials in the automotive, aerospace, and energy and power sectors is expected to increase the size of the thermal spray materials market from $1,860.8 million in 2018 to $2,869.2 million by 2024, while demonstrating a CAGR of 7.4% during 2019–2024.
Additionally, new spray technologies, such as non-destructive testing (NDT), and rising adoption of processes, such as kinetic spraying, are expected to increase opportunities in the thermal spray materials market. Kinetic spraying or cold gas dynamic spray process is one of such new spray methodologies, in which solid particles strike substrate at high velocities to develop a coating on the surface of the substrate. Besides, the process is extremely favorable because of its compatibility with monocrystalline materials and metals, and alloys of titanium; and the ability to showcase a deposition efficiency of 90%.
Thus, the increasing applications of thermal spray materials and technological advancements in the spraying processes are expected to boost the demand for these materials in future.
Read more: https://www.psmarketresearch.com/market-analysis/thermal-spray-materials-market
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