Middle East & Africa Thermal Spray Market Introduction and Overview
According to SPER Market Research, the Middle East & Africa Thermal Spray Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.25%.
The report includes an in-depth analysis of the Middle East & Africa Thermal Spray Market, including market size and trends, product mix, applications, and supplier analysis. Thermal spray coating is a process for projecting a stream of liquefied or partially liquefied droplets of consumable material, which eventually forms a coating. Virtually any substance can be used as a coating as long as it undergoes a melting or plasticizing change before being carefully placed to the desired surface. Once these particles reach the substrate's surface, they form interconnected structures known as'splats' or 'platelets,' which eventually give rise to the desired coating. Thermal spray coatings are widely utilized in a variety of industries, including automotive, aerospace, gas turbines, printing, medical, oil and gas, steel, pulp and paper, and more. These coatings are vital for surface protection and are created from a variety of materials including aluminium, steel, nickel, copper, and others.
- In May 2022, Sandvik agreed to buy Schenck Process Group's mining division. SP Mining is an industry leader in screening, feeding, and screening media solutions. This acquisition will boost Sandvik and, ultimately, increase the company's production of thermal spray materials.
- In June 2021, Oerlikon Metco purchased Inglass S.p.A. The acquisition of INglass speeds its expansion into markets with high growth potential. It will widen the customer base in other industries and launch the thermal spray processing industry on a completely new growth path.
Market Opportunities and Challenges
Opportunities: Advancements in material science and thermal spray technologies are moving the industry forward. There is an increasing demand for improved resistance to wear, cavitation, chemical resistance, and abrasion erosion, which is supporting market expansion. In addition, important firms are concentrating on growing their manufacturing capacity and global reach to capitalize on opportunities in emerging markets. Furthermore, the expansion in industrial output across several end-user verticals presents a significant opportunity for the market. As energy and power demand grows, there is a greater emphasis on renewable energy. As a result, shafts, wind turbines, and fans are increasingly used, and thermal spray coatings are widely used to protect these components from wear and corrosion. All of these reasons will boost the thermal spray coatings market throughout the projected period.
Challenges: The thermal spray coating procedure produces a high-precision surface coating. Furthermore, buyers of this method want the highest quality results. As a result, specialists in this process must be skilled in selecting the best suspension particles in order to provide better-nanostructured coatings for advanced applications. The technique also uses equipment and sensors to evaluate particle velocity in order to provide high-quality outcomes for substrate materials. Thus, the ability to work with light alloys at controlled temperatures in large engineering projects is an essential talent for technicians. Such issues can make thermal spray coatings difficult to apply on a large scale, limiting market expansion.
Market Competitive Landscape
The Middle East and Africa thermal spray market is largely fragmented. The Asia-Pacific, Middle-East, and Africa thermal spray markets are somewhat fragmented, with a few large manufacturers. Some of the market's leading manufacturers are OC Oerlikon Management AG, Linde plc, Chromalloy Gas Turbine LLC, Bodycote, and Kennametal Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Thermal Spray Coatings and Finishes, By End User Industry
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| Regions covered | Saudi Arabia, South Africa, UAE, Rest of Middle East & Africa
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| Companies Covered | Aisher APM LLC, AMETEK Inc, Castolin Eutectic GmbH, CENTERLINE (WINDSOR) LIMITED (Supersonic Spray Technologies), CRS Holdings LLC, Fisher Barton, H.C. Starck Inc, Hunter Chemical LLC, Kennametal Inc, Linde PLC, Oerlikon Metco, Saint-Gobain, Sandvik AB6, Thermion.
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COVID-19 Impact on Middle East & Africa Thermal Spray Market
The global thermal spray market has been greatly influenced by the COVID-19 outbreak. The virus's global spread caused operational disruptions in a variety of industries, including aerospace, automotive, and energy. Lockdowns, supply chain disruptions, and reduced manufacturing capacity all led to lower demand for thermal spray coatings. Furthermore, the pandemic's economic difficulties prompted some businesses to postpone or abandon projects that might have otherwise used these coatings. Despite these challenges, the industry remained resilient, particularly in the healthcare sector, where demand for specialized coatings on medical devices and equipment increased.
Key Target Audience:
- Aerospace Companies
- Automotive Manufacturers
- Energy & Power Sector
- Industrial Equipment Manufacturers
- Marine Industry
- Medical Device Manufacturers
- Oil & Gas Companies
- Original Equipment Manufacturers (OEMs)
- Repair & Maintenance Service Providers
- Research & Development Institutions
Our in-depth analysis of the Middle East & Africa Thermal Spray Market includes the following segments:
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By Product Type:
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Coatings
Materials
Thermal Spray Equipment
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By Thermal Spray Coatings and Finishes:
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Combustion
Electric Energy
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By End User Industry:
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Aerospace
Industrial Gas Turbines
Automotive
Electronics
Oil and Gas
Medical Devices
Energy and Power
Others
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Key Topics Covered in the Report:
- Middle East & Africa Thermal Spray Market Size (FY’2024-FY’2033)
- Overview of Middle East & Africa Thermal Spray Market
- Segmentation of Middle East & Africa Thermal Spray Market By Product Type (Coatings, Materials, Thermal Spray Equipment)
- Segmentation of Middle East & Africa Thermal Spray Market By Thermal Spray Coatings and Finishes (Combustion, Electric Energy)
- Segmentation of Middle East & Africa Thermal Spray Market By End User Industry (Aerospace, Industrial Gas Turbines, Automotive, Electronics, Oil and Gas, Medical Devices, Energy and Power)
- Statistical Snap of Middle East & Africa Thermal Spray Market
- Expansion Analysis of Middle East & Africa Thermal Spray Market
- Problems and Obstacles in Middle East & Africa Thermal Spray Market
- Competitive Landscape in the Middle East & Africa Thermal Spray Market
- Impact of COVID-19 and Demonetization on Middle East & Africa Thermal Spray Market
- Details on Current Investment in Middle East & Africa Thermal Spray Market
- Competitive Analysis of Middle East & Africa Thermal Spray Market
- Prominent Players in the Middle East & Africa Thermal Spray Market
- SWOT Analysis of Middle East & Africa Thermal Spray Market
- Middle East & Africa Thermal Spray Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East & Africa Thermal Spray Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East & Africa Thermal Spray Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East & Africa Thermal Spray Market
7. Middle East & Africa Thermal Spray Market, By Product Type (USD Million) 2020-2033
7.1. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Coatings
7.4. Materials
7.5. Thermal Spray Equipment
8. Middle East & Africa Thermal Spray Market, By Thermal Spray Coatings and Finishes (USD Million) 2020-2033
8.1. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By Thermal Spray Coatings and Finishes, 2020-2026
8.2. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By Thermal Spray Coatings and Finishes, 2027-2033
8.3. Combustion
8.4. Electric Energy
9. Middle East & Africa Thermal Spray Market, By End User Industry (USD Million) 2020-2033
9.1. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By End User Industry, 2020-2026
9.2. Middle East & Africa Thermal Spray Market Size, Share and Forecast, By End User Industry, 2027-2033
9.3. Aerospace
9.4. Industrial Gas Turbines
9.5. Automotive
9.6. Electronics
9.7. Oil and Gas
9.8. Medical Devices
9.9. Energy and Power
9.10. Others
10. Middle East & Africa Thermal Spray Market Forecast, 2020-2033 (USD Million)
10.1. Middle East & Africa Thermal Spray Market Size and Market Share
11. Middle East & Africa Thermal Spray Market, By Region, 2020-2033 (USD Million)
11.1. Middle East & Africa Thermal Spray Market Size and Market Share By Region (2020-2026)
11.2. Middle East & Africa Thermal Spray Market Size and Market Share By Region (2027-2033)
11.3. Saudi Arabia
11.4. South Africa
11.5. UAE
11.6. Rest of Middle East & Africa
12. Company Profile
12.1. Aisher APM LLC
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. AMETEK Inc
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Castolin Eutectic GmbH
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. CENTERLINE (WINDSOR) LIMITED (Supersonic Spray Technologies)
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. CRS Holdings LLC
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Fisher Barton
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. H.C. Starck Inc
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Hunter Chemical LLC
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Kennametal Inc
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Linde PLC
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Oerlikon Metco
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Saint-Gobain
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Sandvik AB
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Thermion
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links