Canada Cold Gas Spray Coating Market Size & Outlook
Canada cold gas spray coating market, 2018-2030 (US$M)
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Canada cold gas spray coating market highlights
- The Canada cold gas spray coating market generated a revenue of USD 121.0 million in 2022 and is expected to reach USD 174.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.6% 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.
Cold gas spray coating market data book summary
| Market revenue in 2022 | USD 121.0 million |
| Market revenue in 2030 | USD 174.0 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | High-pressure |
| Fastest growing segment | Low-Pressure |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 12.0% of the global cold gas spray coating market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cold gas spray coating market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 298.0 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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Canada 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 52.07% in 2022. Horizon Databook has segmented the Canada cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for cold gas spray coating in the country is primarily driven by the development of automobiles and aerospace among other key manufacturing industries. Increased application of advanced materials in various industries such as aerospace, automobile, defense, and electrical & electronics among others is boosting the demand for cold gas spray coating in the country.
The automobile is anticipated to be the largest end-use segment in Canada's cold gas spray coating market. The presence of prominent automobile manufacturers such as Fiat Chrysler Automobiles, General Motors, Ford Motor Company, and Toyota Motor Corporation; rising urbanization; and high disposable income are the major factors driving the automobile industry in the country.
Additionally, according to the International Trade Administration, Canada is the 2nd largest automotive market in North America with the new light vehicle market witnessing an increase of 6.6% accounting for 1.64 million units in 2021.
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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 country-level data and insights on the Canada cold gas spray coating market , including forecasts for subscribers. This country databook contains high-level insights into Canada cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada cold gas spray coating market size, by technology, 2018-2030 (US$M)
Canada Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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