Global thermal spray coating market is expected to reach USD 12.29 billion by 2022, according to a new study by Grand View Research, Inc. Growing need for corrosion resistant coating in aerospace and industrial gas turbines (IGT) is expected to fuel demand over the next seven years. “Automobile Mission Plan” introduced by the Government of India in 2006 for a period of 10 years is expected to provide impetus to the automotive industry in turn positively impacting demand over the forecast period. Increasing application scope in medical, textile, and paper industry on account of superior properties such as enhanced traction, electrically conducive nature, biocompatibility oxidation and cavitation resistance is expected to promote market.
http://www.grandviewresearch.com/industry-analysis/thermal-spray-coatings-market
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