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Showing posts with the label Thermal Spray Coatings Market Revenue

Thermal Spray Coatings Market Size To Hit USD 14.1 Billion By 2028

  San Francisco, 7 May 2021:   The Report  Thermal Spray Coatings Market  Size, Share & Trends Analysis Report By Product (Ceramic, Abradables), By Application (Aerospace, Medical), By Technology (Plasma, Flame Sprays), And Segment Forecasts, 2021 - 2028 The global thermal spray coatings market size is projected to reach USD 14.1 billion by 2028, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. The global market is anticipated to be driven by the increasing product application scope owing to advantages, such as wear and corrosion protection, low toxic gas emissions, thickness capability, and electrical resistance. Thermal spraying is used to improve or restore the surface of a solid material. It can also be used for applying coatings to a wide range of components and materials for better resistance against cavitation, wear, abrasion erosion, and heat. Approximately, 40 to 45% of paints & coatings produced globally are u