The global thermal spray coatings market is expected to showcase an exponential growth by reaching USD 17,631.2 million by 2027. This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe. the market stood at USD 10,235.2 million in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027.

Source:

https://www.fortunebusinessinsights.com/thermal-spray-coatings-market-102388

What does the Report Include?

In addition to this, the report provides insights into the regional analysis. It includes the competitive landscape that involves leading companies and novel products as well as major collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.