Middle East & Africa Cold Gas Spray Coating Market Size & Outlook
Middle East & Africa cold gas spray coating market, 2018-2030 (US$M)
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MEA cold gas spray coating market highlights
- The MEA cold gas spray coating market generated a revenue of USD 90.1 million in 2022.
- The market is expected to grow at a CAGR of 2.5% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 90.1 million |
| Market revenue in 2030 | USD 110.2 million |
| Growth rate | 2.5% (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, MEA region accounted for 9.0% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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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Middle East & Africa 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 52.16% in 2022. Horizon Databook has segmented the Middle East & Africa 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 this region is likely to be driven by the expanding oil & gas industry and rising healthcare expenditure in the region. The Middle East oil & gas industry has been witnessing a major shift since recent years with rising investment in more diverse range of projects including technical offshore and LNG projects.
This trend is expected to continue in the coming years as major players in the market are expanding their presence in the region and are engaged in long-term projects such as Upper Zakum, a production capacity enhancement project in the UAE; Zubair Oil Field - Rehabilitation Phase and Enhanced Re-Development Phase in Iraq; and Yanbu, a crude oil-to-chemicals complex project in Saudi Arabia.
This positive scenario of oil & gas industry is expected to drive the demand for cold gas spray coating in oil & gas end-use segment over the forecast period. Moreover, the flourishing healthcare sector in countries such as Saudi Arabia, Qatar, and other GCC countries is likely to boost the growth of medical device end-use segment over the forecast period.
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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 Middle East & Africa cold gas spray coating market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA cold gas spray coating market size, by country, 2018-2030 (US$M)
Middle East & Africa Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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