What Happened
Global Market Expands as Energy Transition and Aerospace Drive Demand
The global thermal spray service market is expanding due to rising demand from energy transition infrastructure and the increasing installation of gas turbines across power generation systems. The market was valued at $6.29 billion in 2025 and is expected to grow at a CAGR of 6.6% to reach $12.05 billion by 2035. Major companies operating in the market include Oerlikon Metco, TOCALO, StandardAero, Linde Surface Technologies, and Chromalloy. The market’s growth is driven by the adoption of advanced coating technologies across the aerospace, electric vehicle manufacturing, and electronics industries, as reported by Research and Markets.