North America Cold Gas Spray Coating Market Size & Outlook
North America cold gas spray coating market, 2018-2030 (US$M)
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North America cold gas spray coating market highlights
- The North America cold gas spray coating market generated a revenue of USD 384.0 million in 2022.
- The market is expected to grow at a CAGR of 4.5% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 384.0 million |
| Market revenue in 2030 | USD 548.0 million |
| Growth rate | 4.5% (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, North America region accounted for 38.2% 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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North 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 53.39% in 2022. Horizon Databook has segmented the North America cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
High demand for cold gas spray coating in North America is driven by the aerospace and automotive end-use sectors due to favorable government regulations promoting the use of high-performance and lightweight components as an alternative to alloys and metals in automotive end-use.
Despite the optimistic outlook, demand from non-automotive end-use sectors has been hit hard by the relocation of manufacturing industries, such as electronics and electrical, to Asian countries such as India and China which offer lower wages.
North America is one of the prominent markets for automotive manufacturing with the presence of leading automotive manufacturers such as Honda Motor Company, Volkswagen Group, and Fiat Chrysler Automobiles as well as several component manufacturers.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cold gas spray coating market , including forecasts for subscribers. This continent databook contains high-level insights into North America cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cold gas spray coating market size, by country, 2018-2030 (US$M)
North America Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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