China Cold Spray Technology Market Size & Outlook
China cold spray technology market, 2018-2030 (US$M)
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China cold spray technology market highlights
- The China cold spray technology market generated a revenue of USD 51.6 million in 2024 and is expected to reach USD 81.5 million by 2030.
- The China market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating material in 2024.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
Cold spray technology market data book summary
| Market revenue in 2024 | USD 51.6 million |
| Market revenue in 2030 | USD 81.5 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Titanium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nickel, Copper, Aluminum, Titanium, Magnesium |
Other key industry trends
- In terms of revenue, China accounted for 4.9% of the global cold spray technology market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cold spray technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47.9 million by 2030.
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Cold Spray Technology Market Scope
Cold Spray Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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China cold spray technology 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 spray technology market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 31.01% in 2024. Horizon Databook has segmented the China cold spray technology market based on nickel, copper, aluminum, titanium, magnesium covering the revenue growth of each sub-segment from 2018 to 2030.
China has been a prominent contributor to the growth of the cold spray technology market in the Asia Pacific region. The increasing demand for cold spray technology various industries, such as aerospace, automotive, utility, electronics among others, is positively influencing the growth of the market.
According to the China Association of Automobile Manufacturers (CAAM), in June 2021, China’s vehicle production and sales increased by 28.2 % and 23.8%, respectively compared to 2020. According to International Trade Administration, China is the world’s largest automobile market with local production to surpass 35 million automobiles by 2025.
Growing new developments of NEVs, a stringent limit on fuel consumption, and technological developments are projected to fuel the demand for automotive. These factors are expected to lead to growth in the production output of the automobile industry, which, in turn, is expected to drive the demand for cold spray technology in the automobile sector.
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Our clientele includes a mix of cold spray technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China cold spray technology market , including forecasts for subscribers. This country databook contains high-level insights into China cold spray technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cold spray technology market size, by material, 2018-2030 (US$M)
China Cold Spray Technology Market Outlook Share, 2024 & 2030 (US$M)
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