Global Spray Pyrolysis Market Size, Share, and COVID-19 Impact Analysis, By Device Type (Ultrasonic Spray Pyrolysis System, High-Throughput Spray Pyrolysis System, Flame-Assisted Spray Pyrolysis System, and Vacuum Spray Pyrolysis System), By End-Use Industry (Energy & Utilities, Electronics & Semiconductors, and Other End-Use Industries), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Spray Pyrolysis Market Insights Forecasts to 2035

• The Global Spray Pyrolysis Market Size Was Estimated at USD 166.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.97% from 2025 to 2035
• The Worldwide Spray Pyrolysis Market Size is Expected to Reach USD 349.5 Million by 2035
• North America is Expected to Grow the fastest during the forecast period.

The Global Spray Pyrolysis Market Size was worth around USD 166.5 Million in 2024 and is Predicted to grow to around USD 349.5 million by 2035 with a compound annual growth rate (CAGR) of 6.97% from 2025 to 2035. The growing application of spray pyrolysis in batteries for electric vehicles and renewable energy storage, as well as demand for advanced materials & thin film coatings in diverse sectors, including electronics, energy, and material science, are driving the spray pyrolysis market.

Market Overview

The spray pyrolysis market is the industry for equipment and materials used in the spray pyrolysis process, which is a method of synthesizing thin films and powders. Spray pyrolysis is a chemical synthesis technique used for the deposition of thin films by spraying a precursor solution onto a heated substrate. There is a growing application of spray pyrolysis systems in the electronics & semiconductor as well as pharmaceutical & biotechnology industries. Further, its solar efficiency and manufacturing scalability of the technology are driving market growth in the solar sector. Further, the increasing use of spray pyrolysis for the synthesis of thin films & coatings, and nanoparticles wide variety in the drug delivery systems, biosensors, and biocompatible implant coatings is driving the market. The development of nanotechnology and biomedical materials is offering new market opportunities for spray pyrolysis.

Report Coverage

This research report categorizes the spray pyrolysis market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the spray pyrolysis market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the spray pyrolysis market.

Driving Factors

The demand for batteries in electric vehicles, renewable energy storage, and portable electronics is responsible for propelling the spray pyrolysis market demand. Spray pyrolysis is used in the manufacturing of high-purity and well-controlled cathodes, anodes, and solid electrolytes for improving battery performance, higher energy sensitivity, and extending the life cycle. Further, the proliferation of smartphones, tablets, and wearable devices that drive the demand for advanced coatings and films results in propelling the market demand for spray pyrolysis. In addition, the availability of low-cost raw materials and labour is also responsible for driving market growth.

Restraining Factors

The increased competition of spray pyrolysis with alternative technologies including chemical vapor deposition (CVD) and sol-gel methods which provide superior performance thin film coating and nanoparticle synthesis is challenging the market growth. Further, high cost of equipment and shortage of skilled professionals may be responsible for hampering the market.

Market Segmentation

The spray pyrolysis market share is classified into device type and end-use industry.

• The ultrasonic spray pyrolysis system segment accounted for a significant share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the device type, the spray pyrolysis market is divided into ultrasonic spray pyrolysis system, high-throughput spray pyrolysis system, flame-assisted spray pyrolysis system, and vacuum spray pyrolysis system. Among these, the ultrasonic spray pyrolysis system segment accounted for a significant share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Ultrasonic spray pyrolysis is an aerosol synthetic technique used for the synthesis of nano-materials like thin films or nanoparticles. Its widespread application in electronics, energy storage, catalysis, and biomedicine is propelling the market.  

• The energy & utilities segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the end-use industry, the spray pyrolysis market is divided into energy & utilities, electronics & semiconductors, and other end-use industries. Among these, the energy & utilities segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Spray pyrolysis technique is used for producing thin films and powders for diverse applications like solar cells, sensors, and energy storage devices. The application of the system in renewable energy and battery storage systems is driving the market growth.

Regional Segment Analysis of the Spray Pyrolysis Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the spray pyrolysis market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the spray pyrolysis market over the predicted timeframe. The rising demand for spray pyrolysis in energy & utilities, electronics & semiconductors, pharmaceutical & biotechnology and chemical industries is contributing to drive the market in the region. Further, the increased focus on nanotechnology, increased funding & investment for innovation in material science, and government policies & schemes are contributing to bolster the market growth for spray pyrolysis.

North America is expected to grow at a substantial CAGR in the spray pyrolysis market during the forecast period. The strong presence of key market players, along with the growing technological advancements, is responsible for driving regional market growth for spray pyrolysis. Further, the increasing nanotechnology, advanced coatings, and renewable energy solutions which leads to the spray pyrolysis adoption in countries like US and Canada results in propelling the regional market.

Europe accounted for a significant share of the spray pyrolysis market during the forecast period. The expanding application of spray pyrolysis in the field of energy, electronics, pharmaceuticals, and biotechnology is responsible for driving the market growth. Further, the growth in the battery and electronics sector is predicted to propel the market for spray pyrolysis.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the spray pyrolysis market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hansun
• Sono-Tek Corporation
• MTI Corporation
• Zhengzhou CY Scientific Instrument Co., Ltd.
• Acmefil Engineering Systems Pvt. Ltd.
• Holmarc Opto-Mechatronics Ltd.
• Cheersonic Ultrasonic Equipments Co., Ltd.
• Siasonic
• Navson Technologies Pvt. Ltd.
• Shanghai Huashao Intelligent Equipment Co., Ltd.
• Prizma
• Shenyang Kejing Auto-Instrument Co., Ltd.
• Sonaer Inc.
• Xiamen Lith Machine Limited
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In February 2021, Sono-Tek Corporation, the leading developer and manufacturer of ultrasonic coating systems, announced the sale of its 300^th ultrasonic coating system for manufacturing fuel cells and electrolyzers.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the spray pyrolysis market based on the below-mentioned segments: 

Global Spray Pyrolysis Market, By Device Type

• Ultrasonic Spray Pyrolysis System
• High-Throughput Spray Pyrolysis System
• Flame-Assisted Spray Pyrolysis System
• Vacuum Spray Pyrolysis System

Global Spray Pyrolysis Market, By End-Use Industry

• Energy & Utilities
• Electronics & Semiconductors
• Other End-Use Industries

Global Spray Pyrolysis Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa