Middle-East and Africa Thermal Spray Market Size (2024 - 2029)

The Middle East and Africa thermal spray market is experiencing growth, recovering from the pandemic's impact, particularly in the aerospace sector. The market size is being driven by increased use of thermal spray coatings in medical devices, the popularity of ceramic coatings, and the replacement of hard chrome coatings. Despite challenges such as the emergence of alternative substitutes and consistency issues, opportunities exist in advancements like solution precursor plasma spraying, recycling of materials, and industrial-scale production of thermal spray powders. The automotive segment's growth further supports the market's expansion prospects in the region.

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Market Size of Middle-East and Africa Thermal Spray Industry

Middle East and Africa Thermal Spray Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration Medium

Major Players

Middle East and Africa Thermal Spray Market Major Players

*Disclaimer: Major Players sorted in no particular order

MEA Thermal Spray Market Analysis

The Middle East and Africa Thermal Spray Market are anticipated to register a CAGR greater than 4% during the forecast period.

During the COVID-19 pandemic, there was a negative impact on the thermal spray market in the Middle East and Africa region as the aerospace industry was significantly affected. However, growth in the automotive segment is improving in the area, which would assist the market development. In the Middle East and Africa, the thermal spray market has recovered from the pandemic and is growing significantly.

  • Over the short term, the increasing usage of thermal spray coatings in medical devices, the rising popularity of thermal spray ceramic coatings, the replacement of hard chrome coatings, and the growing use of thermal spray coatings in the aerospace industry. Are projected to fuel market growth throughout the forecast period.
  • However, the emergence of alternate substitutes, such as hard trivalent coating and process reliability and consistency issues, will likely hamper the growth of the Middle East and Africa thermal spray market size.
  • Nevertheless, progress in solution precursor plasma spraying of ceramic and metal composites (cermets), recycling of thermal spray processing materials, industrial-scale production of environmental barrier coatings (EBC) thermal spray powders, and oil and gas industry growth prospects are the significant growth opportunity for the Middle-East and Africa thermal spray market over the forecast period.

MEA Thermal Spray Industry Segmentation

Thermal spraying is a method that enhances or repairs a solid material's surface. Coatings can be applied to various materials and components to resist wear, erosion, cavitation, corrosion, abrasion, or heat. The thermal spray market is segmented by product type, thermal spray coatings and finishes, end-user industry, and geography. The market is segmented by product type: coatings, materials, and thermal spray equipment. Thermal spray coatings and finishes segment the market into combustion and electric energy. By end-user industry, the market is segmented into aerospace, industrial gas turbines, automotive, electronics, oil and gas, medical devices, energy and power, and other end-user industries. The report also covers the market sizes and forecasts for the thermal spray market in 3 countries across the Middle East and Africa. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Product Type
Coatings
Materials
Thermal Spray Equipment
Thermal Spray Coatings and Finishes
Combustion
Electric Energy
End-user Industry
Aerospace
Industrial Gas Turbines
Automotive
Electronics
Oil and Gas
Medical Devices
Energy and Power
Other End-user Industries
Geography
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Middle-East and Africa Thermal Spray Market Size Summary

The Middle-East and Africa thermal spray market is poised for significant growth, driven by the recovery from the COVID-19 pandemic and increasing demand across various sectors. The market is experiencing a resurgence, particularly in the automotive segment, which is contributing to its expansion. The aerospace industry remains the largest end user, with thermal spray coatings being essential for protecting aircraft components from extreme conditions. The market is also benefiting from the rising use of thermal spray coatings in medical devices and the growing popularity of ceramic coatings. However, challenges such as the emergence of alternative substitutes and issues related to process reliability may impede growth. Despite these challenges, advancements in thermal spray technologies and the expansion of the oil and gas industry present substantial opportunities for market development.

Saudi Arabia plays a pivotal role in the Middle-East and Africa thermal spray market, with significant contributions to market share and revenue. The country's strategic investments in sectors like aerospace and automotive, along with its robust oil and gas industry, are expected to drive demand for thermal spray materials. The government's efforts to attract investments in vehicle production and the ongoing expansion of its space program are part of a broader economic diversification strategy. The market is characterized by a fragmented landscape with key players such as OC Oerlikon Management AG, Linde plc, and Kennametal Inc. Recent acquisitions, like Sandvik's purchase of Schenck Process Group's mining-related business, are expected to enhance production capabilities and broaden market reach. These factors collectively indicate a promising outlook for the thermal spray market in the region over the forecast period.

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Middle-East and Africa Thermal Spray Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Usage of Thermal Spray Coatings in Medical Devices

      2. 1.1.2 Rising Popularity of Thermal Spray Ceramic Coatings

      3. 1.1.3 Replacement of Hard Chrome Coating

      4. 1.1.4 Rising Use of Thermal Spray Coatings in the Aerospace Industry

    2. 1.2 Restraints

      1. 1.2.1 Emergence of Hard Trivalent Chrome Coatings

      2. 1.2.2 Issues Regarding Process Reliability and Consistency

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Product Type

      1. 2.1.1 Coatings

      2. 2.1.2 Materials

      3. 2.1.3 Thermal Spray Equipment

    2. 2.2 Thermal Spray Coatings and Finishes

      1. 2.2.1 Combustion

      2. 2.2.2 Electric Energy

    3. 2.3 End-user Industry

      1. 2.3.1 Aerospace

      2. 2.3.2 Industrial Gas Turbines

      3. 2.3.3 Automotive

      4. 2.3.4 Electronics

      5. 2.3.5 Oil and Gas

      6. 2.3.6 Medical Devices

      7. 2.3.7 Energy and Power

      8. 2.3.8 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Saudi Arabia

      2. 2.4.2 South Africa

      3. 2.4.3 Rest of Middle East and Africa

Middle-East and Africa Thermal Spray Market Size FAQs

The Middle-East and Africa Thermal Spray Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

OC Oerlikon Management AG, Linde plc, Kennametal Inc., Chromalloy Gas Turbine LLC and Bodycote are the major companies operating in the Middle-East and Africa Thermal Spray Market.

Middle-East and Africa Thermal Spray Report Snapshots

Middle-East and Africa Thermal Spray Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)