Laser Cladding Materials Market, by Alloy Type (Nickel-based, Cobalt-based, Iron-based, Carbide & carbide blends, and others), by End User Industry (Power Generation, Automotive, Oil & Gas, Aviation, Mining, Construction, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
The global laser cladding materials market has witnessed a surge in market growth in the recent past, owing to its application in various end-user industries such as power, petrochemicals, mining, construction, oil & gas and others. This is primarily due to advantages of laser cladding which include its ability of cladding selective smaller areas and great flexibility during processing.