Asia Pacific Cold Gas Spray Coating Market Size & Outlook
Asia Pacific cold gas spray coating market, 2018-2030 (US$M)
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Asia Pacific cold gas spray coating market highlights
- The Asia Pacific cold gas spray coating market generated a revenue of USD 179.8 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, high-pressure was the largest revenue generating technology in 2022.
- Low-Pressure is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 179.8 million |
| Market revenue in 2030 | USD 271.3 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | High-pressure |
| Fastest growing segment | Low-Pressure |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Pressure, Low-Pressure |
| Key market players worldwide | Curtiss-Wright Corp, Linde PLC, Bodycote PLC, VRC Metal Systems, ASB Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.9% of the global cold gas spray coating market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 271.3 million by 2030.
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Cold Gas Spray Coating Market Scope
Cold Gas Spray Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific cold gas spray coating market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold gas spray coating market will help companies and investors design strategic landscapes.
High-pressure was the largest segment with a revenue share of 52.56% in 2022. Horizon Databook has segmented the Asia Pacific cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
In the Asia Pacific market, the increase in the use of cold gas spray coating in the medical and transportation industries is the primary driving force. The mounting demand for lightweight components in various industries such as aerospace, electrical & electronics, and medical, backed by the secure production infrastructure of the automotive industry in China, Japan, and India, represents new opportunities for growth among cold gas spray coating manufacturers in the region.
Cold gas spray coatings are utilized primarily for the repair and coating of metal and polymer components and for extending their operational life and durability. Thus, due to the increasing adoption of lightweight components in the automotive and aerospace sectors, a surge in demand for cold gas spray coating products is likely in the forecast period.
The medical industry is expected to be the fastest-growing end-use segment over the forecast period. The growth is attributed to the rising use of cold gas spray coatings in dental implants and orthopedic prostheses to provide corrosion-resistant and biocompatible implants to various substrates without compromising their chemical and physical properties.
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Our clientele includes a mix of cold gas spray coating market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cold gas spray coating market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cold gas spray coating market size, by country, 2018-2030 (US$M)
Asia Pacific Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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