In 2023, Germany led the European sold production of metallic coating by thermal spraying with a significant value of 195.95 million euros, representing a modest year-on-year growth of 1.79%. Italy followed with a production value of 150.6 million euros and a minor increase of 0.3%. France and Hungary reported strong growth rates at 2.59% and 3.32%, respectively, while the United Kingdom and Spain showed negative growth, highlighting challenges in these markets with -5.78% and -0.93%, respectively. Notably, Lithuania experienced the highest year-on-year growth at 9.26%, despite a relatively small market size of 1.7887 million euros. Estonia faced the largest decline with -16.47%.
Going forward, Germany and Italy are expected to maintain leading positions due to their established industrial bases. Emerging trends to watch include technological advancements in thermal spraying techniques, increased demand for aerospace and automotive applications, and potential market expansion in Eastern European countries. Sustainability and cost-efficiency will likely drive innovation and market dynamics in this sector.
Top countries in Sold Production of Metallic Coating by Thermal Spraying by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 195,950,000 | 2023 | +7.97% | +1.79% | View data |
| 2 | 2 Italy | 150,600,000 | 2023 | +6.4% | +0.3% | View data |
| 3 | 3 France | 68,895,000 | 2023 | +4.8% | +2.59% | View data |
| 4 | 4 United Kingdom | 62,684,000 | 2023 | -2.18% | -5.78% | View data |
| 5 | 5 Spain | 39,341,000 | 2023 | +5.65% | -0.93% | View data |
| 6 | 6 Hungary | 19,937,000 | 2023 | +1.65% | +3.32% | View data |
| 7 | 7 Poland | 12,833,000 | 2023 | +0.51% | +0.15% | View data |
| 8 | 8 Finland | 10,464,000 | 2023 | +4.96% | +3.66% | View data |
| 9 | 9 Norway | 6,312,100 | 2023 | +3.95% | +0.72% | View data |
| 10 | 10 Lithuania | 1,788,700 | 2023 | +4.95% | +9.26% | View data |
