From GlobeNewswire: 2025-02-17 10:00:00

The cold gas spray coating market was valued at USD 1.04 billion in 2023, projected to reach USD 1.55 billion by 2032 with a CAGR of 4.6%. Cold gas spray technology offers low heat distortion, high bond requirements, and high deposition efficiency, driving market growth. Key companies include VRC Metal Systems, Bodycote, and Praxair S.T. Technology among others.

High-pressure cold gas spray systems held a 64% market share in 2023, offering increased adhesion to substrates and broader material application. It caters to aerospace, automotive, and oil and gas industries, providing superior coating performance in harsh conditions.

The transportation sector dominated the market with a 45.5% share in 2023 due to the demand for wear-resistant coatings. Cold spray coatings enhance properties of critical components, prolonging service life. The use of lightweight materials like aluminum and titanium further boosts demand for protective coatings.

North America accounted for 39.5% of the market in 2023, driven by aerospace and defense manufacturers. The U.S. leads with investments in military aircraft maintenance and space exploration. Strict regulations from FAA and DoD promote high-performance coatings, with companies like General Electric and Boeing leading research and development efforts.

In 2024, Praxair Surface Technologies introduced an advanced cold gas spray coating system for aerospace components, reducing maintenance costs. Oerlikon Metco launched cold gas spray coatings for the automotive industry, focusing on improving thermal conductivity and reducing material degradation.

SNS Insider is a leading market research agency providing clients with up-to-date market data and insights. For more information or customization options, contact [email protected]. 1. The stock market saw a significant increase today, with the S&P 500 reaching a record high of 4,200 points. This surge was driven by robust earnings reports from major tech companies like Apple and Microsoft.

2. In other news, the unemployment rate dropped to 5.8% in April, marking a steady decline in jobless claims. The economy added 266,000 jobs last month, showing signs of recovery as more businesses reopen and hiring picks up.

3. The CDC announced that fully vaccinated individuals no longer need to wear masks or social distance in most indoor and outdoor settings. This update comes as vaccination rates continue to rise and COVID-19 cases decline across the country.



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