Brazil Thermal Spray Coatings Market Size & Outlook

The thermal spray coatings market in Brazil is expected to reach a projected revenue of US$ 948.2 million by 2030. A compound annual growth rate of 5.5% is expected of Brazil thermal spray coatings market from 2024 to 2030.
Revenue, 2023 (US$M)
$652.3
Forecast, 2030 (US$M)
$948.2
CAGR, 2024 - 2030
5.5%
Report Coverage
Brazil

Brazil thermal spray coatings market highlights

  • The Brazil thermal spray coatings market generated a revenue of USD 652.3 million in 2023 and is expected to reach USD 948.2 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
  • In terms of segment, ceramics was the largest revenue generating material in 2023.
  • Abradables is the most lucrative material segment registering the fastest growth during the forecast period.

Thermal spray coatings market data book summary

Market revenue in 2023USD 652.3 million
Market revenue in 2030USD 948.2 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentCeramics
Fastest growing segmentAbradables
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMetals, Ceramics, Intermetallics, Polymers, Carbides, Abradables
Key market players worldwideCompagnie de Saint-Gobain SA, Carpenter Technology Corp, Fujimi Inc, Powder Alloy Corporation, GTV Wear Protection, Praxair Surface Technologies, Hoganas, H.C. Starck Ceramics, Castolin Eutectic, Wall Colmonoy, Kennametal Stellite, Oerlikon

Other key industry trends

  • In terms of revenue, Brazil accounted for 6.2% of the global thermal spray coatings market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil thermal spray coatings market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 948.2 million by 2030.

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Thermal Spray Coatings Market Companies

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Brazil thermal spray coatings market size, by material, 2018-2030 (US$M)

Brazil Thermal Spray Coatings Market Outlook Share, 2023 & 2030 (US$M)

Brazil thermal spray coatings market size, by material, 2018-2030 (US$M)

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