The growing demand from application industries and high demand for powder coatings are driving the need for the market.
Market Size – USD 16.10 Billion in 2019, Market Growth – CAGR of 6.2%, Market Trends – Growing demand from end-use industries.
The global Coating Equipment market is forecast to reach USD 25.25 Billion by 2027, according to a new report by Reports and Data. The size of the coating equipment market is projected to experience a surge in demand due to increased end-use applications in various industries like aerospace, automotive, manufacturing, transport, and construction. An increase in car sales along with an increasing population, a rapid boom in the infrastructure industry, and increased consumer buying power in emerging economies would improve the market. Heavy machinery used in various sectors utilizes different layering techniques to provide tool protection from corrosion, abrasion, rusting, and wear & tear, which would, in turn, increases the lifetime of these tools. Growing industrialization in developing nations’ construction and manufacturing industries would improve the demand. Increasing layering use in household appliances, vehicles, and bicycles would ensure more product development.
Robust demand growth due to increased government spending, rapid population growth, and ongoing progress on infrastructure projects in Middle Eastern economies is likely to increase commodity usage in the residential sector. Africa ‘s residential industry is projected to see growth due to increased foreign direct investment and increased consumer purchasing willingness.
Continuous advances in coating processes and equipment drive the demand in various applications. The manufacturers are actively undertaking R&D and are designing advanced equipment to meet the needs of customers. New technical innovations enables to accomplish faster coating methods and long-lasting adhesives.
Key participants include Castolin Eutectic, Praxair S. T. Technology, Inc., J Wagner GmbH, Asahi Sunac Corporation, Anest Iwata, Graco Inc, C Oerlikon Corporation AG, Sata GmbH & Co.Kg, Sulzer Ltd, and Nordson Corporation, among others.
Get a sample of the report @ https://reportsanddata.com/sample-enquiry-form/3477
Further key findings from the report suggest
- Specialty coating systems are used for the application of specialty coatings. These include PVD and CVD devices and, among others, thermal sprays. The need for this equipment is growing in the developing countries of APAC and the Middle East & Africa due to the growing demand for long-lasting protective layers in several products.
- In the following years, aerospace is expected to record the fastest growth. The steady growth of the aerospace industry and the production of new aerospace coatings are factors that fuel the growth of this segment ‘s demand for coating machines.
- APAC is expected to be the fastest-growing market for coating appliances. The market is driven by high population growth, industrial development, increased demand for automobiles, and rising demand for coatings with better performance in the region. The region’s market is seeing tremendous growth owing to the emergence of growing economies like India, China, and ASEAN countries like Thailand and Indonesia.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/coating-equipment-market
For the purpose of this report, Reports and Data has segmented into the Global Coating Equipment market on the basis of Product, Distribution Channel, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Specialty coating equipment
- Powder coating equipment
- Liquid coating equipment
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Wholesale and Distributor Business Trend
- Retail Distribution Channel
Application Outlook (Revenue, USD Billion; 2017-2027)
- Automotive
- Aerospace
- Construction
- Industrial
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
Order Now: @ https://reportsanddata.com/checkout-form/3477
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Coating Equipment Market Segmentation & Impact Analysis
4.1. Coating Equipment Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand from application industries
4.2.2.2. High demand for powder coatings
4.2.3. Market restraints analysis
4.2.3.1. Volatile coatings price and high initial capital
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
….
Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Chapter 10. Company Profiles
10.1. Castolin Eutectic
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Praxair S. T. Technology, Inc.
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. J Wagner GmbH
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Asahi Sunac Corporation
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Anest Iwata
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
10.6. Graco Inc
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Technology Insights
10.6.4. Strategic Initiatives
Continue….
Thank you for reading our report. For customization inquiry or further information, please connect with us and we will ensure you get the report that meets your requirements.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Media Contact
Company Name: Reports and Data
Contact Person: John Watson
Email: Send Email
Phone: +1-212-710-1370
Address:40 Wall St. 28th floor
City: New York City
State: NY 10005
Country: United States
Website: https://www.reportsanddata.com/press-release/global-coating-equipment-market