Global Coating Equipment Market Research Report 2023(Status and Outlook)

Global Coating Equipment Market Research Report 2023(Status and Outlook)

Report Overview

Powder coating equipment is generally used to coat metal surfaces. Equipment used to apply powder coating is dependent on the shape of the object, size of the object, and Others parameters. The commonly used process for applying powder coating to metal surfaces is spraying powder coating by corona or tribo guns. The coated object is then cured in oven so as to form a uniform film of coatings. Various industries have started using powder coatings as they are free from volatile organic components. Moreover, increasing concerns about environment conservation and use of environment-friendly products are expected to fuel the demand for the powder coatings, thereby leading towards the growth of the powder coating equipment segment of the coating equipment market.

Major end-use industries of coating equipment are automotive, industrial, and aerospace. In 2017, the industrial segment accounted for the largest share of the coating equipment market, owing to increased use of industrial coatings in heavy machinery as well as chemical and manufacturing industries. The specialty coatings applied by specialty coating equipment are long-lasting, uniform, and offer required finish. Increasing demand for industrial coatings from different end-use industries is expected to drive the growth of the industrial segment of the coating equipment market during the forecast period.

The Global Coating Equipment Market Size was estimated at USD 17810.00 million in 2022 and is projected to reach USD 22812.99 million by 2029, exhibiting a CAGR of 3.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Coating Equipment market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Coating Equipment Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Coating Equipment market in any manner.

Global Coating Equipment Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Nordson Corporation

IHI Ionbond AG

IHI Hauzer Techno Coating B.V.

Sulzer Ltd.

OC Oerlikon Corporation AG

Sata GmbH & Co. Kg

Graco Inc.

Anest Iwata

Asahi Sunac Corporation

Wagner GmbH

Market Segmentation (by Type)

Liquid Coating Equipment

Powder Coating Equipment

Specialty Coating Equipment

Market Segmentation (by Application)

Semiconductor Industrial

Precision and Detection Optics

Lamp Applications

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Coating Equipment Market

Overview of the regional outlook of the Coating Equipment Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors