Global Cold Gas Spray Coating Market to Grow at 2.97% During 2024-2032, Facilitated by Increasing Applications Across Numerous Industries

December 06, 2022 | Chemical & Materials

IMARC Group’s latest report, titled “Cold Gas Spray Coating Market Report by Technology (High Pressure, Low Pressure), End Use Industry (Transportation, Electrical and Electronics, Oil and Gas, Utility, Medical, and Others), and Region 2024-2032,” finds that the global cold gas spray coating market is anticipated to exhibit a CAGR of 2.97% during the forecast period (2024-2032). Cold gas spray (CGS) coating refers to a novel thermal spray technique wherein a supersonic compressed gas jet accelerates powder particles at extremely high speeds below their melting points. It offers low porosity, oxide-free coating, superior coating bond strength, and excellent deposition efficiency. It can deposit various materials, including composites, polymers, metals, and ceramics. It is widely used to repair corrosive and structural components that cannot be performed with welding. As a result, CGS coating finds extensive applications across the automotive, aerospace, and electronics industries and in dimensional restoration, corrosion protection, and pre-placement of solders.

Global Cold Gas Spray Coating Market Trends:

The increasing applications of CGS coating across numerous industries represent the primary factor driving the market growth. For instance, high-pressure CGS coating is widely used for surface repair and coating of metallic components to enhance performance and prolong the working life of industrial equipment. Moreover, in the automotive sector, CGS coating is employed to extend the service life and improve the performance of vehicles by protecting low-cost base materials and parts against wear, corrosion, fretting, and erosion. Consequently, the shifting inclination toward lightweight and high-performance materials in automobile production to improve fuel efficiency has accelerated product adoption rates. In addition, CGS coating is gaining traction over traditional thermal spray processes as it increases hardness, reduces porosity, enhances adhesion strength, and retains feedstock powder properties. Along with this, the growing usage of CGS coating in automotive aftermarket and aerospace repair and maintenance services has augmented the product demand. Besides this, the escalating product demand for the protection of aircraft and satellite components is acting as another significant growth-inducing factor. Furthermore, the leading players are focusing on developing new material systems with improved properties, such as a range of essential surface functionalities, which is expected to expand product applications. Other factors, including the rising usage of amorphous and nanostructured materials in advanced electrical equipment production, favorable government initiatives, elevating sales of consumer electronics, and emerging medical applications, are also providing a positive impact on the market growth.

Market Summary:

  • Based on technology, the market has been bifurcated into high and low pressures.
  • The market has been classified based on the end use industry into transportation, electrical and electronics, oil and gas, utility, medical, and others.
  • Region-wise, the market has been segregated into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being Air Products and Chemicals Inc., ASB Industries Inc., Bodycote plc, Compagnie de Saint-Gobain S.A., Curtiss-Wright Corporation, Flame Spray Technologies B.V., Fujimi Incorporated, Kennametal Inc., Oerlikon Metco, Polymet Corporation, Praxair Surface Technologies Inc. (Linde plc), and TOCALO Co. Ltd.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Technology, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Air Products and Chemicals Inc., ASB Industries Inc., Bodycote plc, Compagnie de Saint-Gobain S.A., Curtiss-Wright Corporation, Flame Spray Technologies B.V., Fujimi Incorporated, Kennametal Inc., Oerlikon Metco, Polymet Corporation, Praxair Surface Technologies Inc. (Linde plc) and TOCALO Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Cold Gas Spray Coating Market to Grow at 2.97% During 2024-2032, Facilitated by Increasing Applications Across Numerous Industries
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