Coating Equipment Market Growth Analysis, Industry Trends, Development Status and Forecast by 2027

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.

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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.

Nevertheless, the emergence of low-cost alternatives like brushes & rollers is estimated to restrict the expansion of the demand. The use of high-end coating equipment might not be an economically viable choice for applications requiring less rigid requirements and small volumes.

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.

Top players profiled in the report 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.

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

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Geographic Segment Covered in the Report:

The Coating Equipment report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (the USA and Canada)
  • Europe (UK, Germany, France, and the rest of Europe)
  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  • Latin America (Brazil, Mexico, and the rest of Latin America)
  • the Middle East and Africa (GCC and the rest of the Middle East and Africa)

Summary of the Coating Equipment Market Research Report:

• Insightful information regarding the global Coating Equipment market
• Strategic recommendations for the investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Thorough SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis

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