News on market MCrAlY Alloy Powder Market | Page 2

Moreover, it can be deployed as a bond coat or as an anti-corrosion coating in order to enhance the
performance level of Thermal Barrier Coating (TBC) systems that is needed by numerous industrial as
well as aircraft gas turbine parts. The coating offers proper protection to the parts from oxidation.
Due to rising benefits and applications across various sectors, the MCrAlY Alloy Powder market is
attaining huge popularity globally.
The factors that are playing a key role in raising the share of the MCrAlY Alloy Powder market may
include robust industrialization, urbanization, burgeoning requirements, rising applications and
benefits of the material, rising demands from the aviation and industrial sector, and augmenting
awareness among the end users regarding the usage.
MCrAlY Alloy Powder Market is segmented by type as Co-Based, Ni-Based, Fe-Based, and others.
MCrAlY Alloy Powder Market is categorized by application as Aviation application, Industrial
application, and others. MCrAlY Alloy Powder Market is divided by geography as North America,
Europe, China, Japan, Southeast Asia, and India.
Geographically, North America is lately covering a considerable share of the market and it is
anticipated that the region will rise at a greater CGAR till the next couple of years, owing to burgeoning
applications across various sectors particularly aviation sector, and rise in the investments by the
leading manufacturers.
On the other hand, it is estimated that Asia Pacific and Europe are also expanding and taking up a
prominent position in the overall MCrAlY Alloy Powder market due to augmenting market growth
opportunities in these regions. The key manufacturers that are involved in the development of
MCrAlY Alloy Powder Market are recognized as Praxair, H.C. Starck, Powder Alloy Corporation,
Oerlikon Metco, Metal Powder and Process, and Sandvik.
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Market Segment:
The major players in global MCrAlY Alloy Powder market include
• Powder Alloy Corporation
• Praxair
• H.C. Starck