Thermal Spray Market Size and Share

Thermal Spray Market (2025 - 2030)
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Thermal Spray Market Analysis by Mordor Intelligence

The Thermal Spray Market size is estimated at USD 11.87 billion in 2025, and is expected to reach USD 14.72 billion by 2030, at a CAGR of 4.41% during the forecast period (2025-2030). Demand is rising as aerospace, medical-device, and next-generation automotive manufacturers replace legacy surface treatments with high-performance coatings that extend part life and improve thermal management. Investments in automated equipment and real-time process monitoring continue to ease skilled-labor constraints, while the shift to electric energy spray techniques aligns with tightening environmental regulations. The Asia-Pacific manufacturing base is expanding rapidly, driving regional consumption of both coating materials and turnkey spray cells aimed at electronics and e-powertrain components.

Key Report Takeaways

  • By product type, coatings dominated with 77.31% of thermal spray market share in 2024, while equipment is forecast to post the fastest 6.31% CAGR through 2030.
  • By coating technology, combustion processes held 45.91% of the thermal spray market size in 2024, whereas electric energy methods are expected to expand at a 4.60% CAGR over the same period.
  • By end-user industry, aerospace led with 35.30% revenue share in 2024; electronics is projected to register the highest 6.25% CAGR to 2030.
  • By geography, Asia-Pacific accounted for 33.91% of global sales in 2024 and is advancing at the quickest 5.15% CAGR through 2030.

Segment Analysis

By Product Type: Equipment Automation Drives Market Evolution

The equipment category is projected to expand at a 6.31% CAGR through 2030, surpassing consumables in growth momentum even though coatings retained a 77.31% share of the overall thermal spray market in 2024. Automated cells equipped with six-axis robots and closed-loop mass-flow control reduce coat-to-coat variance below 2 µm, a requirement set by turbine OEMs aiming for zero unplanned downtime.

Recurring revenues from powders and wires remain pivotal, as every kilogram deposited creates a pull-through effect for replacement nozzles and plasma electrodes. Tungsten carbide-cobalt powders continue to dominate wear-protection formulas, but scarcity and price volatility have sparked process recipes that extend tip life or recycle overspray. Suppliers now promote modular feeder units that switch between fine and coarse fractions in under 10 minutes, enhancing shop flexibility. Noise-attenuating booths and cyclone-based dust collectors clock double-digit growth rates, an ancillary but lucrative niche aligned with factory-safety mandates in Germany and South Korea. 

Thermal Spray Market: Market Share by Product Type
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By Thermal Spray Coatings and Finishes: Electric Energy Processes Gain Momentum

Electric energy methods, spearheaded by plasma spray and twin-wire arc, are forecast to advance at 4.60% CAGR, steadily eroding the 45.91% share still held by combustion techniques in 2024. Semiconductor fabs rely on ultra-clean plasma chambers that demand less than 5 ppm contamination, a specification achievable only with closed-loop gas controls and high-purity argon used in electric-arc systems.

Combustion-based HVOF remains indispensable for oversized mining drills and steel-rolling equipment that require thick layers at rapid deposition rates. Still, hybrid gun designs now offer on-the-fly switching between kerosene and hydrogen fuels, improving versatility while cutting CO₂ output by 20%. Europe’s Fit-for-55 package is projected to levy higher carbon prices on propane-based flame cells, gradually tipping procurement toward electrically heated plasma torches. This progressive mix shift underscores how sustainability agendas intersect with performance-driven purchasing, reshaping supplier playbooks in the thermal spray market.

By End-User Industry: Electronics Sector Drives Innovation

Electronics is projected to register a 6.25% CAGR to 2030, the fastest among end-users, even though aerospace commanded 35.30% of 2024 revenue. Chip-fabrication plants deploy yttria and alumina coatings on etch chambers to shield silicon wafers from particle contamination that would otherwise force costly rework. Volume expansions underway in Taiwan and the United States multiply repeat orders for high-purity powders, tilting raw-material flows toward white-ceramic lines rather than metallic blends. 

Aerospace maintains leadership through entrenched engine overhauls and strict certification that favor incumbents with longstanding airworthiness approvals. More-electric aircraft architectures bring lightweight aluminum housings that must be cold-sprayed with copper alloys to manage stray currents, giving rise to incremental coating SKUs. Industrial gas turbines, automotive, and medical devices each contribute mid-single-digit growth, underpinned by grid upgrades, hydrogen pilot lines, and an aging demographic that spurs joint replacements. Oil-and-gas applications remain lumpy, tied to rig counts and price cycles, but deep-water subsea pumps still rely on cermet overlays, providing a dependable service revenue stream for the thermal spray market.

Thermal Spray Market: Market Share by End-user Industry
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Geography Analysis

Asia-Pacific contributed 33.91% of the thermal spray market in 2024 and is forecast to climb at a 5.15% CAGR, reflecting aggressive onshoring of semiconductor fabs in China and advanced battery plants in Japan. Regional governments channel subsidies into smart-machinery imports, lowering payback barriers for automated spray booths. Still, the skilled-labor gap persists, pushing OEMs to partner with vocational institutes in India and Malaysia that offer operator certification under ISO 14924 standards.

North America and Europe are underpinned by legacy aerospace fleets and strict occupational safety guidelines favoring chrome-free overlays. The United States remains the largest single-country buyer of tungsten carbide powders, while Germany leads in plasma-torch exports. Both regions invest in research and development focused on hydrogen-compatible coatings.

South America and the Middle East and Africa trail in absolute revenues but post steady double-digit equipment orders linked to petrochemical plant upgrades and mining conveyor refurbishments. Each geography therefore plays to distinct end-market triggers, yet converges on a common trajectory of digitalized and environmentally compliant surface-engineering solutions within the global thermal spray market.

Thermal Spray Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market shows moderate fragmentation. Bodycote invests in HIP-plus-spray packages that combine densification with wear coatings, delivering turnkey post-processing for additive parts. Linde PLC focuses on high-purity gas delivery skids, bundling them with plasma controllers to lock in consumables pull-through. Midsize players pursue regional niches. Praxair Surface Technologies licenses a cold-spray cell to Mexican gearbox rebuilders, while Wall Colmonoy pitches nickel-base rods tailored for sugar-mill shredder refurbishment in Brazil. Start-ups such as Keronite develop plasma-electrolytic oxidation hybrids that blur the boundary between spray and anodizing, challenging incumbents on light metals. Across tiers, software-driven quality control and predictive maintenance emerge as key differentiators, rewarding vendors that integrate sensors and cloud analytics into their equipment portfolios.

Thermal Spray Industry Leaders

  1. BODYCOTE

  2. Linde PLC

  3. OC Oerlikon Management AG

  4. Castolin Eutectic

  5. Kennametal Inc

  6. *Disclaimer: Major Players sorted in no particular order
Thermal Spray Market - Market Concentration
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Recent Industry Developments

  • July 2024: Oerlikon and MTU Aero Engines began building a smart thermal spray factory to digitalize aerospace coating, integrating inline analytics for traceability.
  • June 2024: Oerlikon Group opened an Advanced Coating Technology Center for turbine components, expanding research and development capacity.

Table of Contents for Thermal Spray Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing use of thermally-sprayed hydroxyapatite coatings in orthopedic and dental implants
    • 4.2.2 Replacement of hard-chrome plating in rotating equipment and hydraulic rods
    • 4.2.3 Demand for high-temperature lightweight alloys in next-gen narrow-body aircraft engines
    • 4.2.4 Automotive shift toward hydrogen ICE and e-powertrains requiring wear-resistant cylinder coatings
    • 4.2.5 Adoption of high-entropy alloy (HEA) coatings for extreme geothermal and space applications
  • 4.3 Market Restraints
    • 4.3.1 Emergence of hard trivalent chrome coatings with lower CAPEX
    • 4.3.2 Process repeatability and skilled-operator shortage in Asia and LATAM job-shops
    • 4.3.3 Volatile pricing and supply risk for critical feedstocks (WC-Co, rare-earth oxides)
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product Type
    • 5.1.1 Coatings
    • 5.1.2 Materials
    • 5.1.2.1 Coating Materials
    • 5.1.2.1.1 Powders
    • 5.1.2.1.1.1 Ceramics
    • 5.1.2.1.1.2 Metals
    • 5.1.2.1.1.3 Polymers and Other Powders
    • 5.1.2.1.2 Wires/Rods
    • 5.1.2.1.3 Other Coating Materials
    • 5.1.2.2 Supplementary Materials (Auxiliary Material)
    • 5.1.3 Thermal-Spray Equipment
    • 5.1.3.1 Thermal Spray Coating Systems
    • 5.1.3.2 Dust Collection Equipment
    • 5.1.3.3 Spray Guns and Nozzles
    • 5.1.3.4 Feeder Equipment
    • 5.1.3.5 Spare Parts
    • 5.1.3.6 Noise-reducing Enclosures
    • 5.1.3.7 Other Thermal Spray Equipment
  • 5.2 By Thermal Spray Coatings and Finishes
    • 5.2.1 Combustion
    • 5.2.2 Electric Energy
  • 5.3 By End-user Industry
    • 5.3.1 Aerospace
    • 5.3.2 Industrial Gas Turbines
    • 5.3.3 Automotive
    • 5.3.4 Electronics
    • 5.3.5 Oil and Gas
    • 5.3.6 Medical Devices
    • 5.3.7 Energy and Power
    • 5.3.8 Other End-user Industries
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Malaysia
    • 5.4.1.6 Thailand
    • 5.4.1.7 Indonesia
    • 5.4.1.8 Vietnam
    • 5.4.1.9 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 NORDIC Countries
    • 5.4.3.7 Turkey
    • 5.4.3.8 Russia
    • 5.4.3.9 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 Qatar
    • 5.4.5.3 United Arab Emirates
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Egypt
    • 5.4.5.6 South Africa
    • 5.4.5.7 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Thermal Spray Coatings Companies
    • 6.4.1.1 APS Materials, Inc.
    • 6.4.1.2 ASB Industries Inc
    • 6.4.1.3 BODYCOTE
    • 6.4.1.4 CHROMALLOY GAS TURBINE LLC
    • 6.4.1.5 Curtiss-Wright Corporation
    • 6.4.1.6 Fisher Barton
    • 6.4.1.7 FM Industries
    • 6.4.1.8 Lincotek Trento S.p.A.
    • 6.4.1.9 Linde PLC
    • 6.4.1.10 OC Oerlikon Management AG
    • 6.4.1.11 Thermion
    • 6.4.1.12 TOCALO Co., Ltd.
    • 6.4.2 Thermal Spray Equipment Companies
    • 6.4.2.1 Aimtek, Inc.
    • 6.4.2.2 Air Products and Chemicals, Inc.
    • 6.4.2.3 Arzell, Inc.
    • 6.4.2.4 Camfil
    • 6.4.2.5 Castolin Eutectic
    • 6.4.2.6 CenterLine (Windsor) Limited
    • 6.4.2.7 Donaldson Company, Inc.
    • 6.4.2.8 Flame Spray Technologies B.V.
    • 6.4.2.9 GTV Verschleißschutz GmbH
    • 6.4.2.10 HAI Inc
    • 6.4.2.11 Hannecard Roller Coatings, Inc. - ASB Industries
    • 6.4.2.12 Imperial Systems, Inc.
    • 6.4.2.13 Kennametal Inc
    • 6.4.2.14 Lincoteck Equipment SPA
    • 6.4.2.15 Linde PLC
    • 6.4.2.16 Metalizing Equipment Co Pvt Ltd
    • 6.4.2.17 Metallisation Limited
    • 6.4.2.18 OC Oerlikon Management AG
    • 6.4.2.19 Powder Feed Dynamics, Inc
    • 6.4.2.20 Progressive Surface
    • 6.4.2.21 Saint-Gobain
    • 6.4.2.22 Surface Technology Services BV
    • 6.4.2.23 Thermion
    • 6.4.3 Thermal Spray Materials Companies
    • 6.4.3.1 AIM MRO Holdings, LLC.
    • 6.4.3.2 Aimtek, Inc.
    • 6.4.3.3 AlSher APM, LLC
    • 6.4.3.4 AMETEK, Inc.
    • 6.4.3.5 C&M Technologies GmbH
    • 6.4.3.6 Castolin Eutectic
    • 6.4.3.7 CenterLine (Windsor) Limited
    • 6.4.3.8 Elmet Technologies
    • 6.4.3.9 Fisher Barton
    • 6.4.3.10 Global Tungsten & Powders
    • 6.4.3.11 HAI Inc
    • 6.4.3.12 Höganäs AB
    • 6.4.3.13 Hunter Chemical, LLC
    • 6.4.3.14 Kennametal Inc
    • 6.4.3.15 Linde PLC
    • 6.4.3.16 LSN Diffusion Limited
    • 6.4.3.17 Metallisation Limited
    • 6.4.3.18 Metallizing Equipment Co. Pvt. Ltd
    • 6.4.3.19 OC Oerlikon Management AG
    • 6.4.3.20 Polymet
    • 6.4.3.21 Powder Alloy Corporation
    • 6.4.3.22 Saint -Gobain
    • 6.4.3.23 Sandvik AB
    • 6.4.3.24 Thermion

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Thermal Spray Market Report Scope

Thermal spraying is an industrial coating process where a consumable is applied as a spray of finely divided semi-molten or molten droplets to produce coatings and then deposit them onto a surface. It is a technology that improves or restores the surface of a solid material. Thermal spraying aids in applying coatings to various materials and components to resist wear, corrosion, cavitation, abrasion, or heat. 

The thermal spray market is segmented by product type, thermal spray coatings and finishes, end-user industry, and geography. By product type, the market is segmented into coatings, materials, and thermal spray equipment. By thermal spray coatings and finishes, the market is segmented into combustion and electric energy. By end-user industry, the market is segmented into aerospace, industrial gas turbines, automotive, electronics, oil and gas, medical devices, energy and power, steel making, textile, and printing and paper. The report also covers the market sizes and forecasts for the thermal spray market in 27 countries across major regions. For each segment, the market size and forecast are provided based on revenue (USD).

By Product Type
Coatings
Materials Coating Materials Powders Ceramics
Metals
Polymers and Other Powders
Wires/Rods
Other Coating Materials
Supplementary Materials (Auxiliary Material)
Thermal-Spray Equipment Thermal Spray Coating Systems
Dust Collection Equipment
Spray Guns and Nozzles
Feeder Equipment
Spare Parts
Noise-reducing Enclosures
Other Thermal Spray Equipment
By Thermal Spray Coatings and Finishes
Combustion
Electric Energy
By End-user Industry
Aerospace
Industrial Gas Turbines
Automotive
Electronics
Oil and Gas
Medical Devices
Energy and Power
Other End-user Industries
By Geography
Asia-Pacific China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
NORDIC Countries
Turkey
Russia
Rest of Europe
South America Brazil
Argentina
Colombia
Rest of South America
Middle-East and Africa Saudi Arabia
Qatar
United Arab Emirates
Nigeria
Egypt
South Africa
Rest of Middle-East and Africa
By Product Type Coatings
Materials Coating Materials Powders Ceramics
Metals
Polymers and Other Powders
Wires/Rods
Other Coating Materials
Supplementary Materials (Auxiliary Material)
Thermal-Spray Equipment Thermal Spray Coating Systems
Dust Collection Equipment
Spray Guns and Nozzles
Feeder Equipment
Spare Parts
Noise-reducing Enclosures
Other Thermal Spray Equipment
By Thermal Spray Coatings and Finishes Combustion
Electric Energy
By End-user Industry Aerospace
Industrial Gas Turbines
Automotive
Electronics
Oil and Gas
Medical Devices
Energy and Power
Other End-user Industries
By Geography Asia-Pacific China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
NORDIC Countries
Turkey
Russia
Rest of Europe
South America Brazil
Argentina
Colombia
Rest of South America
Middle-East and Africa Saudi Arabia
Qatar
United Arab Emirates
Nigeria
Egypt
South Africa
Rest of Middle-East and Africa
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Key Questions Answered in the Report

What was the global thermal spray market value in 2025?

The market reached USD 11.87 billion in 2025.

Which end-user segment is expanding fastest?

Electronics is projected to grow at a 6.25% CAGR through 2030 thanks to semiconductor thermal-management needs.

Why are electric-energy spray methods gaining share?

Plasma and electric-arc systems provide tighter contamination control and lower emissions, aligning with environmental regulations.

Which region leads in market growth?

Asia-Pacific combines a 33.91% revenue share with a 5.15% CAGR, driven by electronics and battery manufacturing expansion.

How are regulations affecting chrome plating alternatives?

REACH and OSHA restrictions on hexavalent chromium are pushing industry toward HVOF and other thermal spray coatings.

What competitive factor is most critical for suppliers today?

Integrated automation, digital monitoring and predictive maintenance capabilities have become decisive differentiators.

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