Latest research report on “Laser Cladding Material Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Laser cladding is a process in which a metal coating is applied onto the surface of a part using a laser as the heat source. The process is often used to create a protective coating for increased functionality, as well as restore damaged or worn surfaces. Laser cladding allows extended life of equipment and machinery in which parts are exposed to corrosion, wear or impact. For example, the construction equipment industry applies this technology to their products to increase wear resistance and keep equipment in service longer.
This report contains market size and forecasts of Laser Cladding Material in global, including the following market information:
Global Laser Cladding Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Laser Cladding Material Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Laser Cladding Material companies in 2021 (%)
The global Laser Cladding Material market was valued at 128.6 million in 2021 and is projected to reach US$ 196.2 million by 2028, at a CAGR of 6.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cobalt Based Alloys Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Laser Cladding Material include Oerlikon Metco, Höganäs AB, Praxair S.T. Technology, Wall Colmonoy, FST, DURUM, Kennametal Stellite, Sentes-BIR and Hongbo Laser, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Laser Cladding Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Laser Cladding Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Laser Cladding Material Market Segment Percentages, by Type, 2021 (%)
– Cobalt Based Alloys
– Nickel Based Alloys
– Iron Based Alloys
– Carbides and Carbide blends
Global Laser Cladding Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Laser Cladding Material Market Segment Percentages, by Application, 2021 (%)
– Power Generation
– Automotive and Transportation
– Petrochemical processing
Global Laser Cladding Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Laser Cladding Material Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Laser Cladding Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Laser Cladding Material revenues share in global market, 2021 (%)
Key companies Laser Cladding Material sales in global market, 2017-2022 (Estimated), (MT)
Key companies Laser Cladding Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Oerlikon Metco
– Höganäs AB
– Praxair S.T. Technology
– Wall Colmonoy
– Kennametal Stellite
– Hongbo Laser
– AMC Powders
– Henan Igood
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