Global Coating Equipment Market, By Type (Liquid coating equipment, Powder coating equipment, Specia

Published Date: | Report Code : EQ1958457

X

Increasing demand from industrial expansion is expected to drive the growth of coating equipment market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Also known as a substratum, a coating is applied to any object's surface. Coating can be used for decorative, functional or both purposes. The equipment which is used for covering the surface of an object is known as coating equipment. Coating can be all-over coating, full covered surface or a part of substrate. Coating equipment includes raw material resourcing, manufacturing and supply of coating equipment.

The market size of coating equipment is expected to witness an increase in demand due to increased end-use applications in various industries, including aerospace, automotive, industrial, transport and construction. Rising automotive sales in conjunction with growing population, rapid infrastructure industry boom, and rising consumer purchasing power in emerging economies will boost market growth in demand for coating equipment.

Heavy machinery used in various industries uses different layering devices to provide tool resistance from corrosion, abrasion, rusting and wear and tear, which in turn increases the lifespan of these tools. Rising industrialization in developing countries ' construction and manufacturing industries will boost the market for coating equipment. Growing use of heavy machinery will also increase the market in the manufacturing sector. Increasing layering utilization in household appliances, cars, and bicycles will ensure further product growth.

Key Factors Impacting Market Growth:

  • Increasing demand from industrial expansion

  • Requirement to replace existing coating systems

  • Availability of Low-Cost Alternatives for Some Applications

Regional Analysis:

Major regions for coating equipment market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for coating equipment owing to strong presence of industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be automotive, medical, aerospace, industrial, building & construction, marine, electrical & electronics, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing transition in terms of product development and production methods. These factors are expected to drive the demand for coating equipment market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others.

Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, automotive, medical, aerospace, industrial, building & construction, marine, electrical & electronics, and others are estimated to register high demand for coating equipment market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of coating equipment market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for coating equipment market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Nordson Corporation, Anest Iwata, Graco Inc., O.C. Oerlikon, IHI Ionbond AG, and SATA GmbH & Co. KG...

Market Segmentation:

By Type:

  • Liquid coating equipment

  • Powder coating equipment

  • Specialty coating equipment

  • Others

By Applications:

  • Automotive

  • Medical

  • Aerospace

  • Industrial

  • Building & Construction

  • Marine

  • Electrical & Electronics

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Applications

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Type

    • By Applications

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Applications

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Type

    • By Applications

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Type

    • By Applications

  • Rest of the World

    • By Region (Latin America, Brazil, Rest of the World)

    • By Type

    • By Applications

Reasons To Buy This Report:

  • Market size estimation of the coating equipment market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

For more information, contact: [email protected]

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

Get Regional Report USD 2000 Only

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy