Global Thermal Spray Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Thermal Spray Coating Systems, Dust Collection Equipment, Spray Guns And Nozzles, Feeder Equipment, Spare Parts, Noise-Reducing Enclosures, and Others

By Material;

Metals, Ceramics, Polymers, Composites, and Alloys

By Process;

Combustion and Electric Energy

By End-User;

Aerospace, Industrial Gas Turbines, Automotive, Electronics, Oil & Gas, Medical Devices, Energy & Power and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn765890484 Published Date: May, 2025 Updated Date: June, 2025

Thermal Spray Equipment Market Overview

Thermal Spray Equipment Market (USD Million)

Thermal Spray Equipment Market was valued at USD 10,074.49 million in the year 2024. The size of this market is expected to increase to USD 15,349.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Global Thermal Spray Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 10,074.49 Million
Market Size (2031)USD 15,349.52 Million
Market ConcentrationMedium
Report Pages339
10,074.49
2024
15,349.52
2031

Major Players

  • Oerlikon
  • Praxair S.T. Technology, Inc.
  • Saint-Gobain
  • Donaldson Company Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Thermal Spray Equipment Market

Fragmented - Highly competitive market without dominant players


The thermal spray equipment market is experiencing robust demand as industries increasingly prioritize durability, corrosion resistance, and high-temperature performance. These systems are now integral to various manufacturing processes, with over 55% of applications relying on thermal spraying to extend equipment lifespan. This growing demand is driven by the need for advanced coating solutions that enhance operational reliability.

Industrial Utilization Driving Equipment Demand
Thermal spray equipment finds broad utility across industries including aerospace, automotive, energy, and healthcare. Over 50% of the demand originates from sectors that require thermal efficiency and protective layering, particularly in aerospace turbine components and power systems. The technology’s capacity to deliver consistent coating thickness and reduce maintenance costs is a key driver of its expanding adoption.

Technology Innovation Enhancing Market Performance
The market is being shaped by significant advancements in automated spray systems, high-velocity equipment, and plasma spray methods. Over 40% of new product innovations focus on energy-efficient, precise, and faster coating applications. These developments are helping manufacturers achieve better operational control and productivity, positioning thermal spray as a high-value industrial process.

Capital Expansion and R&D Paving the Way Forward
Investments in technological upgrades and infrastructure development are reinforcing the market’s upward trajectory. These strategic initiatives are expected to enhance both coating performance and equipment efficiency, fostering long-term market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Process
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Thermal Spray Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities PEST Analysis
      1. Drivers
        1. Industrial automation driving equipment upgrades
        2. Increased demand in turbine manufacturing
        3. Rise in thermal spray job shops
        4. Technological advances in plasma spray systems
      2. Restraints
        1. High upfront investment costs
        2. Maintenance challenges and equipment downtime
        3. Limited standardization across industries
        4. Training needs for technical operation
      3. Opportunities
        1. Adoption in EV battery component manufacturing
        2. Innovation in portable spray equipment
        3. Growth in Asia-Pacific manufacturing sectors
        4. Integration with robotic coating systems
      4. Political Analysis
      5. Economic Analysis
      6. Social Analysis
      7. Technological Analysis
    2. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Thermal Spray Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Thermal Spray Coating Systems
      2. Dust Collection Equipment
      3. Spray Guns And Nozzles
      4. Feeder Equipment
      5. Spare Parts
      6. Noise-Reducing Enclosures
      7. Other
    2. Thermal Spray Equipment Market, By Material, 2021 - 2031 (USD Million)
      1. Metals
      2. Ceramics
      3. Polymers
      4. Composites
      5. Alloys
    3. Thermal Spray Equipment Market, By Process, 2021 - 2031 (USD Million)
      1. Combustion
      2. Electric Energy
    4. Thermal Spray Equipment Market, By End-User, 2021 - 2031 (USD Million)
      1. Aerospace
      2. Industrial Gas Turbines
      3. Automotive
      4. Electronics
      5. Oil & Gas
      6. Medical Devices
      7. Energy & Power
      8. Others
    5. Thermal Spray Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Oerlikon Metco
      2. Praxair Surface Technologies (Linde plc)
      3. Kennametal Inc.
      4. Curtiss-Wright Corporation
      5. Saint-Gobain
      6. Höganäs AB
      7. Bodycote
      8. Ador Fontech
      9. Lincoln Electric
      10. Wall Colmonoy
  7. Analyst Views
  8. Future Outlook of the Market