UK Cold Gas Spray Coating Market Size & Outlook, 2022-2030
UK cold gas spray coating market, 2018-2030 (US$M)
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UK cold gas spray coating market highlights
- The UK cold gas spray coating market generated a revenue of USD 32.0 million in 2022 and is expected to reach USD 45.0 million by 2030.
- The UK market is expected to grow at a CAGR of 4.4% 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 32.0 million |
| Market revenue in 2030 | USD 45.0 million |
| Growth rate | 4.4% (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, UK accounted for 3.2% 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 Europe, Germany cold gas spray coating market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 89.0 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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UK 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 53.13% in 2022. Horizon Databook has segmented the UK cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
The UK market is primarily driven by the growing product demand from the aerospace sector, especially for component repairing applications. According to the International Trade Administration, the UK aerospace industry is the 2nd largest in the world after the U.S. with a turnover of around USD 32 billion in 2021.
As of 2022, the country has more than 3,000 aerospace companies with domestic companies including Cobham, BAE Systems, GKN, Meggitt, and QinetiQ. The automotive industry in the country is about to witness a period of intense technological innovations, which is expected to shape the growth of the industry over the forecast period.
Initiatives toward new product development, including driverless cars, are expected to increase investments in the automotive industry. In addition, emerging trends to cut down vehicle emissions and develop cleaner cars are leading to the development of electric cars.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK cold gas spray coating market , including forecasts for subscribers. This country databook contains high-level insights into UK cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK cold gas spray coating market size, by technology, 2018-2030 (US$M)
UK Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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