Saudi Arabia Thermal Spray Coatings Market Size & Outlook
The thermal spray coatings market in Saudi Arabia is expected to reach a projected revenue of US$ 455.3 million by 2030. A compound annual growth rate of 3.5% is expected of Saudi Arabia thermal spray coatings market from 2024 to 2030.
Revenue, 2023 (US$M)
$357.4
Forecast, 2030 (US$M)
$455.3
CAGR, 2024 - 2030
3.5%
Report Coverage
Saudi Arabia
Saudi Arabia thermal spray coatings market, 2018-2030 (US$M)
Related Markets
Saudi Arabia thermal spray coatings market highlights
- The Saudi Arabia thermal spray coatings market generated a revenue of USD 357.4 million in 2023 and is expected to reach USD 455.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.5% 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 2023 | USD 357.4 million |
| Market revenue in 2030 | USD 455.3 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Ceramics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metals, Ceramics, Intermetallics, Polymers, Carbides, Abradables |
| Key market players worldwide | Compagnie 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, Saudi Arabia accounted for 3.4% 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 Middle East & Africa, Saudi Arabia thermal spray coatings market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 455.3 million by 2030.
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Thermal Spray Coatings Market Scope
Thermal spray coatings market segmentation & scope
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Thermal Spray Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia thermal spray coatings market size, by material, 2018-2030 (US$M)
Saudi Arabia Thermal Spray Coatings Market Outlook Share, 2023 & 2030 (US$M)
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