U.S. Cold Gas Spray Coating Market Size & Outlook
U.S. cold gas spray coating market, 2018-2030 (US$M)
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U.S. cold gas spray coating market highlights
- The U.S. cold gas spray coating market generated a revenue of USD 205.0 million in 2022 and is expected to reach USD 298.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.8% 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.
Cold gas spray coating market data book summary
| Market revenue in 2022 | USD 205.0 million |
| Market revenue in 2030 | USD 298.0 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | High-pressure |
| Fastest growing segment | Low-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, U.S. accounted for 20.4% 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 North America, U.S. cold gas spray coating market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 298.0 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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U.S. 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 54.63% in 2022. Horizon Databook has segmented the U.S. cold gas spray coating market based on high-pressure, low-pressure covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North American cold gas spray coating market and is expected to be one of the fastest-growing markets in the region. The rising product demand from the transportation and automotive sectors in the U.S. is expected to drive the market over the forecast period.
The growth of the U.S. aerospace industry in recent years is due to the rapid expansion of the commercial aerospace sector and increased government spending in the defense sector. Geopolitical threats have led to a rise in government spending, particularly in foreign markets where allies seek access to American technology.
Notably, the Aerospace Industries Association reported a 2.1% increase in the industry's total revenue, reaching USD 892 billion in 2022. Additionally, aerospace and defense exports surged by 11.2% in 2022 compared to the previous year, driven by the demand for aircraft components and new commercial aircraft in both domestic and international markets.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. cold gas spray coating market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cold gas spray coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cold gas spray coating market size, by technology, 2018-2030 (US$M)
U.S. Cold Gas Spray Coating Market Outlook Share, 2022 & 2030 (US$M)
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