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Cold Gas Spray Equipment Market Trends

Report ID: GMI11788
Published Date: Oct 2024
Report Format: PDF

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Cold Gas Spray Equipment Market Trends

Cold gas spray technology adeptly deposits a variety of materials, such as metals, alloys, and composites, onto different substrates. Its versatility caters to a wide array of applications, spanning from manufacturing and maintenance to cutting-edge 3D printing, enhancing its market allure. As industrialization surges and manufacturing sectors expand in emerging economies—especially in Asia-Pacific and Latin America—the demand for advanced coating technologies intensifies. Consequently, cold gas spray equipment sees rising adoption in these regions, with industries aiming to elevate both production capabilities and product quality.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for cold gas spray equipment was surpassed USD 1.1 billion in 2023 and is projected to witness more than 4.5% CAGR from 2024 to 2032, driven by increased adoption in the aerospace and defense sectors.

The high-pressure cold spray segment was reached USD 622 million in 2023 and is expected to exceed USD 931 million by 2032. This technology propels particles at supersonic speeds, significantly enhancing their impact and adhesion on substrates, making it a crucial component of the market.

The aerospace sector held approximately 26% of the market share in 2023, with expectations to reach 27% by 2032. This growth is due to aerospace manufacturers prioritizing lightweight materials to improve fuel efficiency and reduce emissions.

In 2023, North America accounted for nearly 43% share of the cold gas spray equipment market and is projected to surpass USD 721 million by 2032. The United States, a key player in North America's aerospace and defense industry, is driving demand for advanced manufacturing techniques.

Key players in the cold gas spray equipment market include A&A Thermal Spray Coatings, Air Products and Chemicals, Inc., CenterLine (Windsor) Limited, Flame Spray Technologies B.V., Hannecard Roller Coatings, Inc., Hoganas AB, Impact Innovations GmbH, Kermetico, Inc., Linde PLC, Metallizing Equipment Co. Pvt. Ltd., OC Oerlikon Management AG, Plasma Giken Co., Ltd., Saint-Gobain, Titomic, and VRC Metal Systems.