Africa Baby Care Products Market - Infinium Global Research Global Thermal Spray Coating Market - IGR 2021 | Page 3

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Some of the drivers in the global thermal spray coating market are need for
corrosion resistant coatings and as substitute of hard chrome in various
automotive, aerospace and industrial gas turbine applications. This is expected
to propel demand for thermal spray coating market over the forecast period.
Increasing investment in civil sector by developing countries will augment the
market as it demands wear and anti-corrosion products which can also
withstand high temperature. On the other hand, thermal spray coating market
is challenged by high cost of ownership which is repelling its growth.
Additionally, need for skilled labors, maintenance and monitoring of thermal
spray equipment requires high capital by end-users. Thermal spray coatings
market has growth opportunities in bioceramic coating that is bio-compatible
and has anti-corrosion properties. Due to stringent regulations in North
America and Europe, demand for eco friendly and sustainable coatings has
increased due to which bioceramic coatings market is expected to grow over
the forecast period.
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