Europe Cold Gas Spray Coating Market Size & Outlook
Europe cold gas spray coating market, 2018-2030 (US$M)
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Europe cold gas spray coating market highlights
- The Europe cold gas spray coating market generated a revenue of USD 213.0 million in 2022.
- The market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, high-pressure was the largest revenue generating technology in 2022.
- High-Pressure is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 213.0 million |
| Market revenue in 2030 | USD 312.0 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | High-pressure |
| Fastest growing segment | High-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, Europe region accounted for 21.2% 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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Europe 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 54.46% in 2022. Horizon Databook has segmented the Europe cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the leading manufacturers of automobiles and is expected to continue its dominance over the forecast period. The rising need for lightweight materials, owing to several EU regulations for low CO2 emissions and better fuel efficiency, has augmented the demand for advanced materials such as high-performance polymer and nanostructured material in the automotive industry.
This, in turn, is expected to drive the demand for cold gas spray coating technology over the forecast period. Furthermore, the demand for coatings in the aerospace and defense industries is on the rise due to countries like Russia, Germany, France, and the UK with high military and defense spending seeking coatings for the protection of aircraft and satellite components.
This creates significant prospects for cold gas spray coating manufacturers in the region. According to the Stockholm International Peace Research Institute (SIPRI), France, Russia, Germany, and the UK allocated 1.9%, 4.1%, 1.3%, and 2.2% of their total GDP in 2021, respectively, to military and defense spending.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cold gas spray coating market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cold gas spray coating market size, by country, 2018-2030 (US$M)
Europe Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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