The Europe thermal spray coatings market size was exhibited at USD 2.75 billion in 2023 and is projected to hit around USD 4.31 billion by 2033, growing at a CAGR of 4.6% during the forecast period 2024 to 2033.
| Report Coverage | Details |
| Market Size in 2024 | USD 2.88 Billion |
| Market Size by 2033 | USD 4.31 Billion |
| Growth Rate From 2024 to 2033 | CAGR of 4.6% |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Segments Covered | Material, Technology, Application, Country |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Country scope | Japan; China; India; Australia; South Korea |
| Key Companies Profiled | APS Materials, Inc.; ARC International; Bodycote; Kennametal Stellite; CASTOLIN EUTECTIC; Chromalloy Gas Turbine LLC; Fujimi Corp.; Kennametl Stellite; Linde Plc; Metallisation Ltd.; OC Oerlikon Management AG |
The increasing use of thermal spray coatings in medical devices and the ongoing development of more environmentally friendly alternatives to traditional coating methods are expected to contribute to the market’s growth.
The Europe thermal spray coatings market accounted for a share of 23.6% of the global thermal spray coatings market revenue in 2023. This expansion is fuelled by increasing demand from key industries, such as aerospace and automotive. Stringent regulations, like REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) and CLP (Classification, Labelling and Packaging), ensure the safety of materials used in the coatings and during application. This can slightly increase costs for producers as they comply with testing and registration processes. However, regulations like those targeting Volatile Organic Content (VOC) can benefit the market. Since thermal spray coatings often have low VOCs compared to traditional methods, these regulations can encourage their adoption.
The ceramic coatings segment dominated the market and accounted for a revenue share of 34.3% in 2023. This is attributed to the unmatched properties of ceramic coatings, including excellent resistance to high temperatures, wear, and corrosion. These qualities make ceramic coatings highly sought-after for various industrial applications, such as power generation, aerospace, and automotive manufacturing. Moreover, ceramic coatings offer superior insulation properties, which enhance energy efficiency in certain applications.
The abradable coatings segment is expected to grow at a CAGR of 4.9% during the forecast period. This growth is primarily driven by rising demand for these coatings in turbine engines, particularly aero-gas and industrial gas turbines. Abradable coatings play a critical role in safeguarding turbine components from the wear and tear caused by continuous contact with rotating parts.
The flamespray segment captured the largest revenue share of 48.0% in 2023. This well-established technology offers a budget-friendly solution for a wide range of applications. Its popularity stems from its versatility and affordability, making it a widely used method for applications, such as corrosion protection, wear resistance, and thermal insulation. Industries like automotive, aerospace, and energy rely on flame spray coatings for components like shafts, cylinders, and valves. This established market presence and cost-effectiveness contribute to its dominant position.
The plasma spray segment is projected to witness the fastest CAGR of 6.0% from 2024 to 2033 due to the ability of these sprays to produce superior-quality coatings. Plasma spray creates coatings with exceptional adhesion, strength, and wear resistance. These qualities make it ideal for applications in demanding environments, particularly in sectors like aerospace, energy, and automotive. As the need for high-performance components continues to grow, plasma spray is expected to be a key technology driving innovation in the market.
The aerospace industry dominated the market and accounted for a revenue share of 35.2% in 2023. This dominance can be attributed to the critical role that thermal spray coatings play in enhancing the performance of aerospace components. Thermal spray coatings improve wear, corrosion, and high-temperature resistance, all of which are essential properties for parts operating under extreme conditions experienced in flight. For instance, thermal spray coatings are used on landing gear, turbine blades, and airframes to protect them from wear and tear, corrosion from moisture and salt, and the scorching temperatures encountered during high-speed flight.
The medical device sector is expected to experience a CAGR of 4.9% from 2024 to 2033. The increasing demand for improved medical implants drives the segment growth. Thermal spray coatings can significantly enhance the durability and biocompatibility of implants, making them last longer and reducing the risk of rejection by the body. For instance, thermal spray coatings are used on artificial joints, bone screws, and dental implants to improve their wear resistance, corrosion resistance, and osseointegration, the process by which implants bond with bone tissue.
Germany Thermal Spray Coatings Market Trends
The Germany thermal spray coatings market held the largest revenue share of 26.6% in 2023. This strong position is attributed to several factors including Germany's robust industrial base that drives demand for thermal spray coatings across various sectors, including automotive, aerospace, and energy. Also, advancements in spraying technology have enabled efficient and high-quality coating applications. As a result, Germany is expected to witness the fastest CAGR from 2024 to 2033. The combination of existing market dominance and projected growth makes Germany a pivotal contributor to the Europe regional market.
Italy Thermal Spray Coatings Market Trends
The thermal spray coatings market in Italy is projected to grow at a CAGR of 4.2% from 2024 to 2033. This growth is driven by Italy's thriving automotive and aerospace industries, where thermal spray coatings play a vital role. As manufacturers seek to enhance component durability, corrosion resistance, and performance, the adoption of thermal spray coatings becomes increasingly crucial. Italy's focus on innovation and collaboration with research institutions further contributes to its positive trajectory in the thermal spray coatings market.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the Europe thermal spray coatings market
Material
Technology
Application
Country
Chapter 1 Thermal Spray Coatings Market: Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List to Data Sources
Chapter 2 Thermal Spray Coatings Market: Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Thermal Spray Coatings Market: Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.2 Industry Value Chain Analysis
3.3 Manufacturing/Technology Trends
3.4 Sales Channel Analysis
3.5 Price Trend Analysis
3.5.1 Factors influencing prices
3.6 Regulatory Framework (Standards and Compliances, Approvals, Policies)
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.2 Market Restraint ANalysis
3.7.3 Market Challenge Analysis
3.7.4 Market Opportunities Analysis
3.8 Industry Analysis Tools
3.8.1 PORTERs Analysis
3.8.2 Macroeconomic Analysis- PESTLE Analysis
Chapter 4 Thermal Spray Coatings Market: Supplier Portfolio Analysis
4.1 List of Raw Material Suppliers
4.2 Raw Material Trends
4.3 Portfolio Analysis/ Kraljic Matrix
4.4 Engagement Model
4.5 Negotiation Strategies
4.6 Best Sourcing Practices
Chapter 5 Thermal Spray Coatings Market: Material Estimates & Trend Analysis
5.1 Material Movement Analysis & Market Share, 2024 & 2033
5.2 Thermal Spray Coatings Market Estimates & Forecast, by Material (USD Million)
5.2.1 Metals
5.2.1.1 Thermal Spray Coatings Market Estimates and Forecasts, in Metals, 2021 - 2033 (USD Million)
5.2.2 Ceramics
5.2.2.1 Thermal Spray Coatings Market Estimates and Forecasts, in Ceramics 2021 - 2033 (USD Million)
5.2.3 Intermetallics
5.2.3.1 Thermal Spray Coatings Market Estimates and Forecasts, in Intermetallic 2021 - 2033 (USD Million)
5.2.4 Polymers
5.2.4.1 Thermal Spray Coatings Market Estimates and Forecasts, in Polymers 2021 - 2033 (USD Million)
5.2.5 Carbides
5.2.5.1 Thermal Spray Coatings Market Estimates and Forecasts, in Carbides 2021 - 2033 (USD Million)
5.2.6 Abradables
5.2.6.1 Thermal Spray Coatings Market Estimates and Forecasts, in Abradable 2021 - 2033 (USD Million)
5.2.7 Others
5.2.7.1 Thermal Spray Coatings Market Estimates and Forecasts, in Others 2021 - 2033 (USD Million)
Chapter 6 Thermal Spray Coatings Market: Technology Estimates & Trend Analysis
6.1 Technology Movement Analysis & Market Share, 2024 & 2033
6.2 Thermal Spray Coatings Market Estimates & Forecast, by Application (USD Million)
6.2.1 Cold Spray
6.2.1.1 Thermal Spray Coatings Market Estimates and Forecasts, in Cold spray, 2021 - 2033 (USD Million)
6.2.2 Flame Spray
6.2.2.1 Thermal Spray Coatings Market Estimates and Forecasts, in Flame spray 2021 - 2033 (USD Million)
6.2.3 Plasma Spray
6.2.3.1 Thermal Spray Coatings Market Estimates and Forecasts, in Plasma spray 2021 - 2033 (USD Million)
6.2.4 HVOF
6.2.4.1 Thermal Spray Coatings Market Estimates and Forecasts, in HVOF 2021 - 2033 (USD Million)
6.2.5 Electric Arc Spray
6.2.5.1 Thermal Spray Coatings Market Estimates and Forecasts, in Electric arc spray 2021 - 2033 (USD Million)
6.2.6 Others
6.2.6.1 Thermal Spray Coatings Market Estimates and Forecasts, in Others 2021 - 2033 (USD Million)
Chapter 7 Thermal Spray Coatings Market: Application Estimates & Trend Analysis
7.1 Application Movement Analysis & Market Share, 2024 & 2033
7.2 Application Market Estimates & Forecast, by Application (USD Million)
7.2.1 Aerospace
7.2.1.1 Thermal Spray Coatings Market Estimates and Forecasts, in Aerospace, 2021 - 2033 (USD Million)
7.2.2 Industrial Gas Turbine
7.2.2.1 Thermal Spray Coatings Market Estimates and Forecasts, in Industrial Gas Turbine 2021 - 2033 (USD Million)
7.2.3 Automotive
7.2.3.1 Thermal Spray Coatings Market Estimates and Forecasts, in Automotive 2021 - 2033 (USD Million)
7.2.4 Medical
7.2.4.1 Thermal Spray Coatings Market Estimates and Forecasts, in Medical 2021 - 2033 (USD Million)
7.2.5 Printing
7.2.5.1 Thermal Spray Coatings Market Estimates and Forecasts, in Printing 2021 - 2033 (USD Million)
7.2.6 Oil & gas
7.2.6.1 Thermal Spray Coatings Market Estimates and Forecasts, in Oil & gas 2021 - 2033 (USD Million)
7.2.7 Steel
7.2.7.1 Thermal Spray Coatings Market Estimates and Forecasts, in Steel 2021 - 2033 (USD Million)
7.2.8 Pulp & Paper
7.2.8.1 Thermal Spray Coatings Market Estimates and Forecasts, in Pulp & Paper 2021 - 2033 (USD Million)
7.2.9 Others
7.2.9.1 Thermal Spray Coatings Market Estimates and Forecasts, in Others 2021 - 2033 (USD Million)
Chapter 8 Thermal Spray Coatings Market: Regional Estimates & Trend Analysis
8.1 Thermal Spray Coatings Market: Regional Outlook
8.2 North America
8.2.1 North america Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.2.2 U.S.
8.2.2.1 Key country dynamics
8.2.2.2 U.S. Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.2.3 Canada
8.2.3.1 Key country dynamics
8.2.3.2 Canada Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.2.4 Mexico
8.2.4.1 Key country dynamics
8.2.4.2 Mexico Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3 Europe
8.3.1 Europe Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.2 Germany
8.3.2.1 Key country dynamics
8.3.2.2 Germany Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.3 UK
8.3.3.1 Key country dynamics
8.3.3.2 UK Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.4 France
8.3.4.1 Key country dynamics
8.3.4.2 France Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.5 Finland
8.3.5.1 Key country dynamics
8.3.5.2 Finland Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.6 Sweden
8.3.6.1 Key country dynamics
8.3.6.2 Sweden Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.3.7 Denmark
8.3.7.1 Key country dynamics
8.3.7.2 Denmark Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.2 China
8.4.2.1 Key country dynamics
8.4.2.2 China Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.3 India
8.4.3.1 Key country dynamics
8.4.3.2 India Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.4 Japan
8.4.4.1 Key country dynamics
8.4.4.2 Japan Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.5 Australia
8.4.5.1 Key country dynamics
8.4.5.2 Australia Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.6 Thailand
8.4.6.1 Key country dynamics
8.4.6.2 Thailand Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.4.7 Malaysia
8.4.7.1 Key country dynamics
8.4.7.2 Malaysia Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.5 Central & South America
8.5.1 Central & South America Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.5.2 Brazil
8.5.2.1 Key country dynamics
8.5.2.2 Brazil Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.5.3 Argentina
8.5.3.1 Key country dynamics
8.5.3.2 Argentina Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.6 Middle East & Africa
8.6.1 Middle East & Africa Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.6.2 Saudi Arabia
8.6.2.1 Key country dynamics
8.6.2.2 Saudi Arabia Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
8.6.3 UAE
8.6.3.1 Key country dynamics
8.6.3.2 UAE Thermal Spray Coatings Market Estimates & Forecasts, 2021 - 2033 (USD Million)
Chapter 9 Competitive Landscape
9.1 Recent Developement
9.2 Key Company/Competition Categorization
9.3 List of key companies, by region
9.4 List of key companies, by technology/product
9.4.1 Identification of potential customers
9.4.1.1 Competitive Dashboard Analysis
9.5 Company Profiles
9.5.1 Praxair Surface Technologies, Inc.
9.5.2 Arkema
9.5.3 Höganäs AB
9.5.4 H.C. Starck Inc.
9.5.5 Castolin Eutectic
9.5.6 Wall Colmonoy Corporation
9.5.7 Powder Alloy Corporation
9.5.8 Saint-Gobain S.A.
9.5.9 Carpenter Technology Corporation
9.5.10 Fujimi Incorporated
9.5.11 Durum Verschleiss-Schutz GmbH
9.5.12 Montreal Carbide Co. Ltd.
9.5.13 Kennametal Stellite
9.5.14 Oerlikon Metco
9.5.15 AMT AG
9.5.16 GTV Verschleißschutz GmbH (GTV Wear Protection GmbH)
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers