Market Size of Middle-East and Africa Thermal Spray Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Thermal Spray Market Analysis
The Middle East and Africa Thermal Spray Market are anticipated to register a CAGR greater than 4% during the forecast period.
During the COVID-19 pandemic, there was a negative impact on the thermal spray market in the Middle East and Africa region as the aerospace industry was significantly affected. However, growth in the automotive segment is improving in the area, which would assist the market development. In the Middle East and Africa, the thermal spray market has recovered from the pandemic and is growing significantly.
- Over the short term, the increasing usage of thermal spray coatings in medical devices, the rising popularity of thermal spray ceramic coatings, the replacement of hard chrome coatings, and the growing use of thermal spray coatings in the aerospace industry. Are projected to fuel market growth throughout the forecast period.
- However, the emergence of alternate substitutes, such as hard trivalent coating and process reliability and consistency issues, will likely hamper the growth of the Middle East and Africa thermal spray market size.
- Nevertheless, progress in solution precursor plasma spraying of ceramic and metal composites (cermets), recycling of thermal spray processing materials, industrial-scale production of environmental barrier coatings (EBC) thermal spray powders, and oil and gas industry growth prospects are the significant growth opportunity for the Middle-East and Africa thermal spray market over the forecast period.
