Latin America Cold Gas Spray Coating Market Size & Outlook
Latin America cold gas spray coating market, 2018-2030 (US$M)
Related Markets
Latin America cold gas spray coating market highlights
- The Latin America cold gas spray coating market generated a revenue of USD 137.4 million in 2022.
- The market is expected to grow at a CAGR of 3.4% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 137.4 million |
| Market revenue in 2030 | USD 180.1 million |
| Growth rate | 3.4% (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, Latin America region accounted for 13.7% 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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Latin America 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 50.44% in 2022. Horizon Databook has segmented the Latin America cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
The cold gas spray coating market in Central and South America is projected to experience notable expansion due to enhanced industrial investments in the transportation sector. Notably, prominent manufacturers such as General Motors, Volkswagen, and Groupe PSA have disclosed their plans to expand their existing manufacturing facilities in the region to raise production in response to the growing demand.
Additionally, the demand for cold gas spray coatings is expected to surge during the projected period due to the growth in the usage of home appliances resulting from rapid urbanization, technological advancements, and increased purchasing power of consumers in the region.
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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 Latin America cold gas spray coating market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cold gas spray coating market size, by country, 2018-2030 (US$M)
Latin America Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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