Forecast: Sold Production of Metallic Coating by Thermal Spraying in Spain

The sold production of metallic coating by thermal spraying in Spain exhibited fluctuations from 2013 to 2023, varying between a low of 30.028 million euros in 2014 and peaking at 41.228 million euros in 2018. In 2023, the value was 39.341 million euros, reflecting a 5.65% increase from the previous year. Over the last two years, the value has shown volatility, with a decrease of 8.83% in 2022 followed by a recovery in 2023. The 5-year CAGR leading up to 2023 was -0.93%, indicating overall stagnation despite short-term variances.

Future trends to watch for include:

• Technological advancements in thermal spraying methods.

• Increasing demand in industries such as automotive, aerospace, and energy.

• Potential regulatory changes affecting production processes and costs.

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