Germany Thermal Spray Coatings Market Size & Outlook

The thermal spray coatings market in Germany is expected to reach a projected revenue of US$ 920.1 million by 2030. A compound annual growth rate of 4.9% is expected of Germany thermal spray coatings market from 2024 to 2030.
Revenue, 2023 (US$M)
$656.5
Forecast, 2030 (US$M)
$920.1
CAGR, 2024 - 2030
4.9%
Report Coverage
Germany

Germany thermal spray coatings market highlights

  • The Germany thermal spray coatings market generated a revenue of USD 656.5 million in 2023 and is expected to reach USD 920.1 million by 2030.
  • The Germany market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
  • In terms of segment, ceramics was the largest revenue generating material in 2023.
  • Ceramics 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 656.5 million
Market revenue in 2030USD 920.1 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentCeramics
Fastest growing segmentCeramics
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, Germany accounted for 6.3% 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 Europe, Germany thermal spray coatings market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 920.1 million by 2030.

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

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

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

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