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City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Coating Equipment market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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 other 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 was 13800 million US$ in 2017 and is expected to 21100 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Coating Equipment in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Liquid Coating Equipment
Powder Coating Equipment
Specialty Coating Equipment
By the end users/application, this report covers the following segments
Automotive & Transportation
Aerospace
Industrial
Building & Infrastructure
Others
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