Pune, India -- (SBWIRE) -- 02/01/2018 -- Market Research Future published a research report on "Global Coating Equipment Market Research Report- Forecast 2022" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Highlights

A coating is also known as substrate which is applied to the surface of any object. Coating has different purpose, it may be used for decorative, functional or for both. The equipment which is used for covering the surface of an object is known as coating equipment. The major drivers of coating equipment are increasing demand by industries such automotive & transportation, aerospace, building & infrastructure. The other growth drivers are growing demand for new vehicles and aircraft, increase in industrialization and increase in the acceptance of coating equipment.

The coating equipment market is expected to grow over the CAGR of around 5% during the period 2016 to 2022.

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Asia-Pacific region has been accounted for the highest CAGR for the forecast year due to huge demand for coating equipment. Various manufacturing facilities, distribution centers, research & development are been setup by the global companies to make presence in Asia-Pacific region. Asia-Pacific region is expected to grow at highest CAGR during the forecast period because of the growing demand for various industrial products and consumer goods. The global coating equipment market is expected to grow at a CAGR of approximately 5%.

Key Players

The key players of global coating equipment market are Nordson Corporation (U.S.), Anest Iwata (Japan), Graco Inc. (U.S.), O.C. Oerlikon (Switzerland), IHI Ionbond AG (Switzerland), and SATA GmbH & Co. KG. (Germany).

Intended Audience

- Coating equipment manufacturers
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities

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Market Research Analysis

The market is highly application based. The industrial sector is dominating the coating equipment market by end-user, due to increasing need for the personalized coating equipment in various end-use industries. There is continues R&D carried out so as to develop new and advanced equipment.

There is also seen an increase in demand of the coating equipment from the industries, which is backed by the rapid industrialization, building and infrastructures. Furthermore such coating equipment is used for coating heavy machines.

There are various restraints which hinders the growth of the coating equipment markets such as high cost of coating equipment and fluctuation in the crude oil prices.

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The report for Global Coating Equipment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Scope of the Report

This study provides an overview of the global coating equipment market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global coating equipment market by its type, end-user and Region.

By Type
- Liquid Coating Equipment
- Powder Coating Equipment
- Specialty Coating Equipment

By End-Use
- Automotive
- Aerospace
- Industrial
- Construction

By region
- North America
- Europe
- Asia-Pacific
- ROW

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