Global Laser Cladding Material Market Research Report 2024

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.

The global Laser Cladding Material market was valued at US$ 125 million in 2023 and is anticipated to reach US$ 195.3 million by 2030, witnessing a CAGR of 6.5% during the forecast period 2024-2030.

The major players in global Laser Cladding Material market include Oerlikon Metco, Höganäs AB, Praxair S.T. Technology, etc. The top 3 players occupy about 65% shares of the global market. Europe and North America are main markets, they occupy about 85% of the global market. Nickel Based Alloys is the main type, with a share about 65%. Aviation is the main application, which holds a share about 40%.

This report aims to provide a comprehensive presentation of the global market for Laser Cladding Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laser Cladding Material.

Report Scope

The Laser Cladding Material market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Laser Cladding Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Laser Cladding Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Oerlikon Metco

Höganäs AB

Praxair S.T. Technology

Wall Colmonoy

FST

DURUM

Kennametal Stellite

Sentes-BIR

Hongbo Laser

AMC Powders

Henan Igood


Segment by Type


Cobalt Based Alloys

Nickel Based Alloys

Iron Based Alloys

Carbides and Carbide blends

Others


Segment by Application


Aviation

Power Generation

Automotive and Transportation

Petrochemical processing

Mining

Others


Production by Region



North America

Europe

China

Japan

Mid East & Africa


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Laser Cladding Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Laser Cladding Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Laser Cladding Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions