The Global Thermal Spray Coating Market for Oil & Gas was valued at USD 8.2 Billion in 2023 and is projected to reach USD 12.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This expansion is fueled by increasing demand for corrosion-resistant solutions, aging oilfield infrastructure, and stringent environmental regulations requiring advanced protective technologies.

As the energy sector prioritizes asset longevity and operational efficiency, thermal spray coatings have become critical for safeguarding drilling equipment, pipelines, and refinery components. This blog profiles the Top 10 Companies in the Thermal Spray Coating for Oil & Gas Industry—the technology innovators and service providers setting the standard for equipment protection in extreme operating environments.

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🔟 1. Praxair Surface Technologies (Linde plc)

Headquarters: Indianapolis, Indiana, USA
Key Offering: HVOF coatings, plasma spray systems, wire arc solutions

Now operating under Linde plc, Praxair Surface Technologies is a global authority in protective coatings for oil & gas applications. The company specializes in high-performance solutions for drill collars, valves, and subsea equipment exposed to abrasive and corrosive conditions.

Technology Leadership:

• Pioneer in high-velocity oxygen fuel (HVOF) coating systems
• Patented materials for sour gas service (H₂S environments)
• Global technical centers with material testing labs

Download FREE Sample Report: Thermal Spray Coating For Oil And Gas Market – View in Detailed Research Report

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9️⃣ 2. Oerlikon Metco

Headquarters: Pfäffikon, Switzerland
Key Offering: Diamond Jet HVOF systems, arc spray technologies

Oerlikon Metco provides engineered coating systems that protect oil & gas assets from corrosion, erosion, and high-temperature oxidation. Their solutions are implemented across offshore platforms, pumping stations, and processing facilities worldwide.

Technology Leadership:

• Amperit® powder alloys specialized for oilfield conditions
• Integrated coating and precision machining services
• Smart coating monitoring with IoT sensors

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8️⃣ 3. Flame Spray Coating Company

Headquarters: Houston, Texas, USA
Key Offering: Field-applied thermal spray, compressor coatings

Specializing in onsite applications, FSC delivers mobile coating services for pipeline rehabilitation and equipment protection across North America’s energy sector, particularly in offshore and remote locations.

Technology Leadership:

• API-certified mobile coating units
• Rapid-cure formulations for field deployment
• ISO 21809-3 compliant pipeline coatings

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7️⃣ 4. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Metal alloy powders, thermal spray feedstock

As the world’s leading metal powder producer, Höganäs supplies high-performance materials that enhance coating durability in extreme oilfield conditions, from deep-sea environments to high-temperature processing.

Technology Leadership:

• Nanostructured powder formulations
• Low-porosity alloy systems
• Sustainable material production processes

Download FREE Sample Report: Thermal Spray Coating For Oil And Gas Market – View in Detailed Research Report

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6️⃣ 5. Metallization Ltd

Headquarters: Dudley, United Kingdom
Key Offering: Arc spray systems, corrosion protection coatings

With 95+ years of experience, Metallization provides specialized coating solutions for offshore structures and subsea equipment, with a focus on cathodic protection applications in marine environments.

Technology Leadership:

• Aluminum-zinc alloys for splash zone protection
• Automated robotic coating application
• Durable marine-grade coating systems

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5️⃣ 6. Wall Colmonoy Corporation

Headquarters: Madison Heights, Michigan, USA
Key Offering: Tribaloy® coatings, hardfacing solutions

Wall Colmonoy develops extreme-wear coatings for oilfield applications, particularly for drilling tools, pump components, and valve systems subjected to abrasive and impact wear.

Technology Leadership:

• Cobalt-based superalloy coatings
• Nickel-chrome boron formulations
• Thermal barrier coating systems

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4️⃣ 7. Precision Coatings, Inc.

Headquarters: Houston, Texas, USA
Key Offering: PTFE coatings, ceramic plasma sprays

PCI specializes in chemical-resistant and non-stick coatings for oilfield valves, pumps, and flow control equipment that must withstand corrosive fluids and prevent scaling.

Technology Leadership:

• Composite coating architectures
• Low-friction engineered surfaces
• AS9100 and ISO 9001 certified processes

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3️⃣ 8. TST Coatings, Inc.

Headquarters: Houston, Texas, USA
Key Offering: Tungsten carbide coatings, wear solutions

TST provides durable coatings for drilling tools, mud pumps, and completion equipment, helping operators extend service life in abrasive downhole environments.

Technology Leadership:

• WC-CoCr formulations for extreme wear resistance
• Field-repair coating technologies
• Custom thickness and hardness solutions

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2️⃣ 9. Montreal Carbide Co. Ltd.

Headquarters: Montreal, Canada
Key Offering: Carbide-based coatings, thermal spray powders

MCC develops ultra-hard coatings for oil sands equipment and arctic drilling applications where conventional materials fail under extreme abrasion and low-temperature conditions.

Technology Leadership:

• Sub-micron carbide powder technology
• Hybrid coating composites
• Cold spray application systems

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1️⃣ 10. MesoCoat (Abakan Inc.)

Headquarters: Euclid, Ohio, USA
Key Offering: PComP® nanocomposite coatings

MesoCoat’s advanced nanocomposite coatings provide unprecedented corrosion protection for offshore platforms and subsea equipment, dramatically reducing maintenance costs and downtime.

Technology Leadership:

• 700% improvement over traditional coatings
• High-speed application technology
• U.S. Navy-approved solutions

Get Full Report Here: Thermal Spray Coating For Oil And Gas Market – View in Detailed Research Report

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🌍 Outlook: Thermal Spray Coatings in the Energy Transition Era

The oil & gas coating sector faces growing demands for more durable, environmentally sustainable solutions as infrastructure ages and operating conditions become more severe. Thermal spray technology continues to evolve through advanced materials and application techniques.

📈 Key Market Developments:

• Smart coatings with embedded monitoring sensors
• Bio-based and low-VOC coating materials
• Automated and robotic coating application systems
• AI-driven predictive maintenance integration

Get Full Report Here: Thermal Spray Coating For Oil And Gas Market – View in Detailed Research Report

These industry leaders continue to push the boundaries of materials science, protecting critical energy assets while enabling safer, more efficient, and more sustainable operations across the oil & gas value chain.