Aerospace Thermal Processing Market | Size, Share, Trend, Industry Analysis

Q: What will the market growth CAGR be in the coming years

Aerospace thermal processing market size was USD 41 billion in 2024 and is expected to grow from USD 44 billion in 2025 to USD 53 billion in 2032 witnessing an impressive market growth CAGR of 27 during the forecast period 2025 2032

Q: Which region is estimated to be the fastest growing in the market in the coming years

Asia Pacific is estimated to remain the fastest growing market for aerospace thermal processing in the foreseeable future owing to the Asia Pacific regions rapid economic growth expanding aerospace industry technological advancements rising defense expenditure government support and emerging space industry

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Report Summary

Table of contents

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aerospace Thermal Processing Market

The annual demand for aerospace thermal processing was USD 4.1 billion in 2024 and is expected to reach USD 4.4 billion in 2025, up 7.3% than the value in 2024.
During the forecast period (2025-2032), the aerospace thermal processing market is expected to grow at a CAGR of 2.7%. The annual demand will reach USD 5.3 billion in 2032.

High-Growth Market Segments:

North America generated the highest demand with the largest market share of >50% in 2024, whereas Asia-Pacific is likely to grow at the fastest rate.
By platform type, Commercial aircraft is anticipated to remain the biggest demand generator for thermal processing during the forecast period.
By method type, Surface technology is expected to dominate the thermal processing market in the forecasted period.

Market Statistics

Have a look at the sales opportunities presented by the aerospace thermal processing market in terms of growth and market forecast.

Aerospace Thermal Processing Market Data & Statistics
Market Statistics	Value (in USD Billion)	Market Growth (%)
Annual Market Size in 2023	USD 3.7 billion	-
Annual Market Size in 2024	USD 4.1 billion	YoY Growth in 2024: 10.9%
Annual Market Size in 2025	USD 4.4 billion	YoY Growth in 2025: 7.3%
Annual Market Size in 2032	USD 5.3 billion	CAGR 2025-2032: 2.7%
Top 10 Countries’ Market Share in 2024	USD 3.2 billion +	> 80%
Top 10 Company’s Market Share in 2024	USD 2.0 billion to USD 2.8 billion	50% - 70%

Market Dynamics

Introduction:

Thermal processing involves the application of controlled heat treatments and thermal technologies to modify the properties of materials used in the manufacturing of aerospace components. The process encompasses a range of processes such as heat treatment, hot isostatic pressing, and surface technologies. The goal is to enhance the mechanical properties, durability, and performance of aerospace materials, ensuring they meet stringent industry standards for safety, reliability, and efficiency. Thermal processing plays a critical role in optimizing the microstructure of materials, minimizing stress, and achieving desired material properties for components like engine parts, landing gear, and structural elements.

Market Drivers:

The following factors drive the market. Firstly, the industry's continuous drive for lightweight yet high-strength materials has propelled the need for precise thermal processing. This is essential to optimize the microstructure of alloys, ensuring they meet specific strength-to-weight ratios crucial for components used in the aerospace industry.
Secondly, as aerospace components become more complex and advanced, thermal processing plays a vital role in tailoring material properties, addressing factors such as hardness, fatigue resistance, and stress distribution.
Thirdly, the stringent regulatory requirements and safety standards in the aerospace industry necessitate precise control over material properties, making thermal processing a critical step in achieving and maintaining compliance.

Segments' Analysis

Segmentations	List of Sub-Segments	Dominant and Fastest-Growing Segments
Platform-Type Analysis	Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, and Spacecraft	Commercial aircraft are anticipated to remain the biggest demand generator for thermal processing during the forecast period.
Method Analysis	Heat Treatment, Hot Isostatic Pressing, and Surface Technology	Surface technology is expected to dominate the thermal processing market in the forecasted period.
Regional Analysis	North America, Europe, Asia-Pacific, and Rest of the World	North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.

By Platform Type

“Commercial aircraft is anticipated to remain the biggest demand generator for thermal processing during the forecast period.”

Based on the platform type, the aerospace thermal processing market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, UAV, and spacecraft.
Commercial aircraft is expected to remain the largest platform in the market during the forecast period owing to the continual growth in the aviation industry, increased demand for fuel-efficient and lightweight components, and the ongoing emphasis on safety and reliability.
The expanding commercial aircraft production, coupled with the need for advanced materials and precise thermal treatments to meet stringent aviation standards, positions this segment at the forefront of the thermal processing market.
The aerospace industry’s relentless pursuit of innovation, efficiency, and compliance further solidifies the dominance of commercial aircraft as the primary platform driving the demand for thermal processing.

By Method Type

“Surface technology is expected to dominate the thermal processing market in the forecasted period.”

Based on the method type, the market is segmented into heat treatment, hot isostatic pressing, and surface technology. Surface Technology is expected to remain the dominant method in the market during the forecast period.
Surface technologies, such as coatings, plating, and chemical processing, are effective in protecting against corrosion. This protection extends the service life of critical components and structures, reducing maintenance costs.

Regional Analysis

“North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.”

In terms of regions, North America is expected to remain the largest market for aerospace thermal processing during the forecast period as the region boasts a robust aerospace & defense industry, where precise thermal treatments are critical for manufacturing high-performance components. With a significant presence of key aerospace players and defense contractors, the demand for thermal processing remains consistently high.
Stringent quality standards and regulatory requirements in the aerospace industry further reinforce the reliance on precise thermal processing, solidifying North America's dominant position in the global market.
Asia-Pacific is anticipated to be the fastest-growing market during the forecast period due to the expanding aerospace industry, expanding aircraft fleet size, and rising defense expenditure.

Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aerosapce thermal processing market -

Bodycote Plc
Valence Surface Technologies
Aalberts Surface Technologies
Curtiss-Wright Surface Technologies
Lincotec Surface Technologies
Linde Gas & Equipment Incorporation
Oerlikon Surface Solutions
Bluewater Thermal Solutions
Nihon Parkerizing Company Limited
DOWA Thermotech Company Limited
Novaria Group

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
COVID-19 impact and its recovery curve.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.

Market Study Period	2019-2032
Base Year	2024
Forecast Period	2025-2032
Trend Period	2019-2023
Number of Tables & Figures	>100
Number of Segments Analysed	3 (Platform Type, Method Type, and Region)
Number of Regions Analysed	4 (North America, Europe, Asia-Pacific, Rest of the World)
Countries Analysed	15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)
Free Customization Offered	10%
After Sales Support	Unlimited
Report Presentation	Complimentary
Market Dataset	Complimentary
Further Deep Dive & Consulting Services	10% Discount

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aerospace thermal processing market is segmented into the following categories.

Aerospace Thermal Processing Market, by Platform Type

Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
UAV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aerospace Thermal Processing Market, by Method Type

Heat Treatment
(Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
(Source-Type Analysis: In-house vs Outsource)
(Treatment-Type Analysis: Vacuum Heat Treatment and Controlled Atmosphere)
Hot Isostatic Pressing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Surface Technology
(Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
(Source-Type Analysis: In-house vs Outsource)
(Technology-Type Analysis: Thermal Spray Coating, Shot Peening, Paint & Spray Coating, Chemical Processing, Plating, and Others)

Aerospace Thermal Processing Market, by Region

North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aerospace thermal processing market realities and future market possibilities for the forecast period.
The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

Frequently Asked Questions

What will the market growth (CAGR) be in the coming years?

Aerospace thermal processing market size was USD 4.1 billion in 2024 and is expected to grow from USD 4.4 billion in 2025 to USD 5.3 billion in 2032, witnessing an impressive market growth (CAGR) of 2.7% during the forecast period (2025-2032).

Who are the key players in the market?

Bodycote Plc, Valence Surface Technologies, Aalberts Surface Technologies, Curtiss-Wright Surface Technologies, Lincotec Surface Technologies, and Linde Gas & Equipment Incorporation are the leading players in the aerospace thermal processing market.

Which region is estimated to be dominant in the market in the coming years?

North America is estimated to remain dominant in the aerospace thermal processing market in the foreseeable future due to its advanced aerospace industry hub, strategic partnerships, and robust research ecosystem, fostering innovation and the adoption of cutting-edge technologies in materials processing for aerospace applications.

Which region is estimated to be the fastest growing in the market in the coming years?

Asia-Pacific is estimated to remain the fastest-growing market for aerospace thermal processing in the foreseeable future owing to the Asia-Pacific region's rapid economic growth, expanding aerospace industry, technological advancements, rising defense expenditure, government support, and emerging space industry.

Which method is estimated to be dominant in the market in the coming years?

Surface technology is anticipated to maintain its dominance in the thermal processing market, driven by its versatility and widespread application in enhancing material properties. The method's effectiveness in optimizing surfaces for durability and performance positions it as a key technology in meeting the evolving demands of various industries.

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Aerospace Thermal Processing Market Report

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