Laser Cladding Material and Powder Market Report 2023 (Global Edition)

Global Laser Cladding Material and Powder Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Laser Cladding Material and Powder Industry growth. Laser Cladding Material and Powder market has been segmented with the help of its Type, Application , and others. Laser Cladding Material and Powder market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Type analysis of Global Laser Cladding Material and Powder market.

Cobalt Base Alloy

The Cobalt Base Alloy segment Revenue will be USD 75.64 Million by 2028.

Cobalt-based alloys are materials having a cobalt base that are alloyed with chromium, tungsten, nickel, and iron. Laser cladding commonly employs cobalt-based alloy materials and powders. The cobalt-based alloy powder used for laser cladding is corrosion resistant and has a high stiffness. After treatment, the laser-cladding layer has the benefits of being devoid of cracks, air holes, and contaminants, as well as being compact in organization, fine in crystalline grain, etc. It is ideal for wear applications, corrosive, hot environments, and difficult operating circumstances like high-parameter valve sealing surfaces

Nickel Base Alloy

Nickel-based alloys are materials made mostly of nickel with a few additional alloys mixed. Laser cladding of nickel-based alloys can be either single-layer or multilayer. It can influence the wear mechanism of materials during friction and wear, thereby reducing abrasive wear and increasing material wear resistance. The wear resistance of components used in the metal casting, automotive, aerospace, and electrical equipment sectors. The nickel-based cladding materials and powders layer produced by laser cladding is extensively utilized in moulds, cast iron, nickel alloy, steel, stainless steel components, crankshafts, rolls, bushings, bearing seats, eccentric wheels, and other parts.

Iron Base Alloy

Iron alloys are metal alloys having a high percentage of iron (Fe) and a minor number of other metals. The iron-base alloy laser cladding powder has the benefits of being simple to prepare, appropriate to mass production, good in wear resistance, low in residual stress, high in fatigue strength, and so on. Laser cladding powder made of Fe-based alloys is used to seal the surfaces of nuclear valves. It is also utilized in the aerospace, energy, petrochemical, mining, and oil and gas exploration and extraction sectors.

Stainless Steel

A stainless-steel cladding metal or alloy materials and powders creates a thin layer of stainless steel in the form of a veneer that is integrally attached to one or both of the substrate's surfaces. It offers the requisite corrosion, abrasion, and oxidation resistance. Its supporting material adds structural strength and increases the composite's fabric ability and heat conductivity. Stainless-steel particles are similarly employed in materials to produce a nonporous and impenetrable barrier against strong corrosives by laser cladding. Stainless steel laser cladding metals come in a variety of shapes and sizes, including plate, strip, tube, rod, and wire.

Carbides and Carbide Blends

Carbides are chemically bonded compounds made up of carbon and other less electronegative elements (ionic, covalent). Carbide particles are utilized in the laser cladding to provide wear resistance and toughness. Likewise, tungsten carbides, alumina-based titanium carbide composites, and a variety of others also utilized. These mixes serve as a substrate for abrasion-resistant coatings, resulting in tougher coatings that provide good wear resistance. Mining knives, excavator replacement parts, gears, asphalt milling cutters, and other applications are some of the examples of carbides and carbide mixes laser cladding applications.

Others

Other metal powders utilized in laser cladding include tool steel, martensitic steel, pure titanium and titanium alloys, aluminium alloys, copper-based alloys, and so on. Due to its superior mechanical qualities, such as high weldability, sound castability, and great corrosion resistance, laser cladding with aluminium-based alloys has a wide range of applications in the automobile, household, and aerospace sectors. Laser cladding of titanium alloys also has high-temperature, wear, and corrosion resistance qualities, and adheres to the substrate readily

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Laser Cladding Material and Powder Market, by Application

Aviation

The Aviation segment Revenue in Laser Cladding Material and Powder will be USD 16.73 Million by 2028.

The aerospace sector was one of the first to use laser cladding completely. Parts damage from corrosion, wear, or debris impact is becoming increasingly common in aged aircraft. Replacement of these damaged parts may be costly and time-consuming, putting a strain on inventory availability and maintenance expenditures. In this case, laser cladding powder technology is considered an advanced technology. Non-critically structural aviation components are repaired or refurbished using laser cladding. It can also save money on aircraft engine maintenance. Laser cladding technique may be used to repair engine blades in three dimensions.

Power Generation

Power equipment has a wide distribution and continuous operation in the power business, and its parts are prone to deterioration. In the operational environment, components of power production machinery are subjected to varied degrees of gas, high temperature, high pressure, and corrosive media testing. Long-term utilized equipment, such as impellers, water turbines, and axles in wind or hydro power equipment, may be partially destroyed owing to ageing. Laser cladding is used in this situation to repair expensive production equipment in order to extend its service life. Also, laser cladding technology eliminates a number of technical issues like thermal deformation, blade deterioration, and thermal fatigue damage that are unavoidable during traditional electric and argon arc welding processes.

Automotive & Transportation

Laser cladding for production components is becoming industry standard and is an important procedure for a variety of automotive & transportation applications. In comparison to uncoated parts, the service life of piston and synchronizer rings might be significantly prolonged by coating them. In the automobile sector, the creation and optimization of certain parts has become a critical issue. Cycle life this increased by employing laser cladding on essential components. Laser cladding's applications in automotive and transportation include brake discs, piston rings, cylinder liners, synchronization rings, crank shaft repairs, exhaust pipes, turbocharger, petrochemical processing, mining, construction, and many more

Petrochemical Processing

In the petrochemical sector because of the hostile production environment, it is easier to cause major corrosion and wear of parts and components, resulting in full scrapping of bigger and more expensive parts like drill collars, non-magnetic drill collars, centralizers, and vibrations. As a result of the laser cladding technical reproduction function, many of these components may be restored to their original functionality, and many parts' service life can be extended. Laser cladding is also widely used in the oil and gas sector for a variety of procedures, including oil refinery process plants, valve balls/seats, downhole stabilizers, sand valves, and hydraulic rods.

Mining

The most typical application of laser cladding is in the energy industry, which includes underground mining. Laser cladding is used in the mining sector to provide wear and corrosion-resistant coatings for drilling instruments. For many mining equipment components, erosion-corrosion wear is a prevalent failure mode. Laser cladding material and powders are utilized to cover them, thereby improving the column's anti-corrosion function and extending its service life. Similarly, hydraulic cylinders, such as those used in the mining sector, need to be coated to protect them against corrosion caused by the environment.

Construction

The laser cladding procedure is used in the construction sector to apply protective coatings and repair worn/damaged surfaces. It is used to coat numerous machinery and systems in the construction sector to protect them against corrosion, impact, and wear. The coatings developed lengthen the equipment's service life, lowering maintenance and replacement expenses for construction organizations. Laser cladding is also extensively utilized in urban railway construction to fix the tops of rails. 

Others

Several other usages of laser include the semiconductor, electronics, food and beverages, etc. In many cases 3D laser cladding helps solve wear and tear problems in food processing plants. The laser cladding also used to clad or otherwise adhere a coating to the medical device. Similarly, application of titanium alloys to mechanical and tribological components is growing rapidly in the biomedical field.

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Laser Cladding Material and Powder Market Regional Analysis

Region and country analysis section of Laser Cladding Material and Powder Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Laser Cladding Material and Powder market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile

OC Oerlikon Management AG

OC Oerlikon Management AG is a Switzerland based provider of surface solutions, advanced, materials and materials processing. The company operates through two business divisions; surface solutions division and manmade fibers division. The company owns various brands such as Oerlikon balzers, metco, am, barmag, neumag, nonwoven, and hrsflow. The products of the company are used by several industries including aerospace, automotive, energy, tooling, medical, additive manufacturing and others.

Hoganas AB

Hoganas AB is a Sweden based powder metals producer company. The company serves several industries such as aerospace & turbines, automotive & transportation, construction & mining, energy & thermal management, environmental and others. 

The company offers wide range of products and services including sintered components, electromagnetic applications, brazing, chemical and metallurgical, hot polymer filtration, iron fortification, friction, Glidcop, sintered stainless steel filters, surface coating and welding.

Top Companies Market Share in Laser Cladding Material and Powder Industry: (In no particular order of Rank)

• FST
• OC Oerlikon Management AG
• Oerlikon Metco
• Hoganas AB
• Praxair
• Wall Colmonoy
• DLSM
• DURUM
• Sentes-BIR
• Hongbo Laser
• AMC Powders
• Shandong Sitaili New Building Materials
• Henan Igood
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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