Global Thermal Spray Coating For Oil & Gas market cagr 15.0%

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Thermal Spray Coating For Oil & Gas Market

Thermal Spray Coating For Oil & Gas Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Thermal Spray Coating For Oil & Gas Market Size and Growth

The Thermal Spray Coating market for the Oil & Gas sector is projected to grow significantly, driven by increased exploration and production activities. The market size reached approximately USD 1.2 billion in 2022, with a forecasted CAGR of 5.5% through 2030, reflecting rising demand for corrosion and wearresistant coatings.

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Companies Covered

(Covid 19 Impact Covered)

◍ Praxair Surface Technologies, Inc.

◍ Höganäs AB

◍ Precision Coatings, Inc.

◍ Metallization Ltd.

◍ Oerlikon Metco

◍ Flame Spray Coating Co.

◍ Fujimi Incorporated

◍ Kennametal Inc.

◍ Montreal Carbide Co. Ltd.

◍ Wall Colmonoy Corporation

◍ MesoCoat Inc.

◍ TST Coatings, Inc.

◍ Powder Alloy Corporation

◍ A&A Thermal Spray Coatings

◍ John Wood Group PLC

◍ Bodycote plc

◍ Compagnie de Saint-Gobain S.A.

The Thermal Spray Coating market for Oil & Gas features key players like Praxair, Höganäs, and Oerlikon Metco. These companies enhance performance, reduce wear, and improve corrosion resistance, driving market growth.

Notable sales figures include:

- Praxair: ~$3 billion

- Bodycote: ~$1 billion

- Kennametal: ~$2 billion

Their innovations support efficiency and longevity in harsh environments.

◍ TWI Ltd.

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Market Segmentation

By Application

Cold Spray

Flame Spray

Plasma Spray

HVOF

Electric Arc Spray

Others

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By Product

Metals

Ceramics

Intermetallics

Polymers

Carbides

Abradables

Others

Market Growth

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$ X Billion USD

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