Market Overview
The Global Cold Gas Spray Coating Market is expected to reach a valuation of USD 1,101.6 Million in 2023, and it is anticipated to experience a CAGR of 4.8% for the forecast period (2023-2032).
Introduction Cold gas spray (CGS) coating is a novel process that utilizes compressed gas to accelerate powdered feedstock materials towards substrates to deposit dense and thick coatings at lower temperatures relative to thermal spray methods.
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Market Demand Drivers
- Aerospace industry generating majority of demand for cold spray coatings for aircraft engine and airframe part repair
- Growth in applicability for corrosion resistance, wear resistance, thermal barriers, and electric insulation across industries
- Lightweight coating thickness capability allowing usage on temperature-sensitive substrates
Market Leading Players
By Technology
• Low Pressure
• High Pressure
By End-Use
• Electrical Electronics
o Electric Motors Generations
o Electrical Contacts
o Circuit Boards
o Refrigeration units
o Power Electronic Heat Sinks
o Transformers
o Semi-Conductors Displays
o Electro-plating
o Bus Bars Fluid Handling
• Transportation
o Aerospace
Rocket Motor Nozzles
Jet Engine parts
Exhaust systems
Satellites
Pumps
Gearboxes
Landing Gears
o Automotive
Exhaust Systems
Pistons Cylinders
Manifolds
Piston Ring Heat Exchangers
Break
Crankshafts
Valve seats
Heated Glass
• Oil Gas
o Gate Valves
o Drilling Components
• Utility
o Turbo Chargers
o Solar Heat Solar Energy Components
o Power Boilers
o Nuclear
o Gas Hydro-Steam Turbine
• Medical
o Dental Implants
o Orthopedic Prostheses
o Others
• Others
o Agriculture
o Agricultural Harvesting Components
Market Top Players
• Bodycote plc
• Flame Spray Technologies B.V
• Plasma Giken Co., Ltd.
• VRC Metal Systems, LLC
• ASB Industries, Inc.
• Curtiss- Wright Surface Technologies
• Praxair S.T. Technology, Inc.
• WWG Engineering Pte. Ltd.
• Concurrent Technologies Corporation
• Other Key Players
Market Trends
- Adoption across the oil gas sector for protective anti-corrosion coatings and wear-resistant layers
- Automotive industry utilizing cold spray coatings for EMI/RFI shielding in EVs and autonomous vehicles
- Development of nanostructured coatings to improve hardness, strength and functionality
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Market Opportunities
- widening implementation potential for durable coatings in construction machinery, marine vessels, biomedical components
- Capability for additive repair of high-value metal components presenting cost savings over replacements
- Geographic expansion in Asia Pacific, Middle East and South America in line with industrial growth
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