India Cold Gas Spray Coating Market Size & Outlook
India cold gas spray coating market, 2018-2030 (US$M)
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India cold gas spray coating market highlights
- The India cold gas spray coating market generated a revenue of USD 35.0 million in 2022 and is expected to reach USD 54.0 million by 2030.
- The India market is expected to grow at a CAGR of 5.6% 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.
Cold gas spray coating market data book summary
| Market revenue in 2022 | USD 35.0 million |
| Market revenue in 2030 | USD 54.0 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | High-pressure |
| Fastest growing segment | High-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, India accounted for 3.5% 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 Asia Pacific, China cold gas spray coating market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 40.0 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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India 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 51.43% in 2022. Horizon Databook has segmented the India cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
The market in India is primarily driven by the rising application of cold gas spray coating in transportation and utility industries. The market is expected to witness high growth owing to the increased government efforts to improve public health conditions.
According to the India Brand Equity Foundation, the healthcare market of India accounted for USD 372 billion in 2022. Moreover, the government of India is planning to introduce a credit incentive program amounting to USD 6.8 billion to boost the healthcare infrastructure of the country.
Increasing private participation in the healthcare industry is expected to propel the demand for high-quality medical devices and components, which, in turn, is anticipated to fuel the demand for cold gas spray coatings in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India cold gas spray coating market , including forecasts for subscribers. This country databook contains high-level insights into India cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India cold gas spray coating market size, by technology, 2018-2030 (US$M)
India Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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