Report Id: SNS/C&M/2262 | July 2022 | Region: Global | 130 Pages
Report Scope & Overview:
Coating Equipment Market Size was valued at USD 20.57 billion in 2022, and is expected to reach USD 31.57 billion by 2030, and grow at a CAGR of 5.5% over the forecast period 2023-2030.
Coating equipment is any piece of gear that is used to put a coating on a substrate. Coatings can be liquid, powder, or specialty coatings, depending on what kind of coating they are. These coatings are put on to keep them from rusting, breaking down, and corroding, which makes them last longer without having to be fixed or replaced. The automotive and transportation, aerospace, industrial, and building and construction industries are some of the most important end-use industries. In the same way, liquid coating equipment, powder coating equipment, and specialty coating equipment are the main types of equipment used to apply different types of coatings.
Rapid economic development.
Increasing demand from the growing market for electric car
For some uses, the availability of low-cost alternatives
Cost of raw materials going up.
Fluctuation in crude oil prices.
The making of new technologies.
Making coatings equipment less expensive.
Impact of Covid-19:
Because of the COVID-19 pandemic, manufacturing operations were stopped, the supply chain was messed up, and the demand for industrial goods went down. All of these things had a big effect on the market. But because of the COVID-19 pandemic, the demand for goods from the pharmaceutical industry has gone up. This, in turn, has helped the coating equipment market grow. At the same time, people around the world stock up on hygiene products because they are afraid, which drives the market. But the pandemic had an effect on the industries that make things like shoes and foam that are used by people.
IHI Ionbond AG, OC Oerlikon Management AG, Anest Iwata, Graco Inc., Nordson Corporation, SATA GmbH & Co. KG., C. Oerlikon, Wagner GmbH, ASAHI SUNAC CORPORATION, Carlisle Companies, and other players.
By Coating Type
Powder coating equipment
Liquid coating equipment
Specialty coating equipment
By End-Use Industry
Automotive & Transportation
Building & Infrastructure
The Coating Equipment market is biggest in Asia and the Pacific. Rapid growth in cities and the economy in this area are helping the market grow. During the period of the forecast, China is expected to have the highest CAGR. It is also the largest regional market. This growth is happening because more people are buying industrial equipment and other consumer goods. High industrial growth in India and Indonesia is another factor that helps growth. The second largest market is North America. In this area, the aerospace and defence industry, which is growing, is a big source of market revenue. Also, improvements in coating equipment technology are likely to help the market grow here. Europe's market is also growing very quickly. The biggest growth driver is progress in the automotive industry, especially in the market for electric cars. The growth of the market in this area is also helped by the fact that people in this area have a lot of money to spend on luxury items. Rapid growth of cities and improvements to infrastructure are happening in the Middle East. In turn, this is making more people want to buy coating equipment here.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 20.57 Billion|
|Market Size by 2030||US$ 31.57 Billion|
|CAGR||CAGR of 5.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Coating Type (Powder coating equipment, Liquid coating equipment, Specialty coating equipment)
• By End-Use Industry (Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure, Others)
• By Material (Polyester, Acrylic, PVC , Epoxy , Silicon)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||IHI Ionbond AG, OC Oerlikon Management AG, Anest Iwata, Graco Inc., Nordson Corporation, SATA GmbH & Co. KG., C. Oerlikon, Wagner GmbH, ASAHI SUNAC CORPORATION, Carlisle Companies, and other players.|
|DRIVERS||• Rising Urbanisation.
• Increasing demand from the growing market for electric cars
|Restraints||• For some uses, the availability of low-cost alternatives
• Cost of raw materials going up.
• Fluctuation in crude oil prices.
Frequently Asked Questions (FAQ) :
Ans: Polyester, Acrylic, PVC, Epoxy and Silicon are the sub-segments of by Material segment.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Because of the COVID-19 pandemic, manufacturing operations were stopped, the supply chain was messed up, and the demand for industrial goods went down. All of these things had a big effect on the market. But because of the COVID-19pandemic, the demand for goods from the pharmaceutical industry has gone up. This, in turn, has helped the coating equipment market grow. At the same time, people around the world stock up on hygiene products because they are afraid, which drives the market. But the pandemic had an effect on the industries that make things like shoes and foam that are used by people.
Ans: The making of new technologies are the opportunity for Coating Equipment Market.
Ans: Coating Equipment Market Size was valued at USD 19.5 billion in 2021, and expected to reach USD 28.3 billion by 2028, and grow at a CAGR of 5.5% over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Coating Equipment Market Segment, By Coating Type
8.1 Powder coating equipment
8.2 Liquid coating equipment
8.3 Specialty coating equipment
9.Coating Equipment Market Segment, By End-Use Industry
9.1 Automotive & Transportation
9.4 Building & Infrastructure
10.Coating Equipment Market Segment, By Material
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 IHI Ionbond AG
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 OC Oerlikon Management AG
12.3 Anest Iwata
12.4 Graco Inc.
12.5 Nordson Corporation
12.6 SATA GmbH & Co. KG.
12.7 C. Oerlikon
12.8 Wagner GmbH
12.9 ASAHI SUNAC CORPORATION
12.10 Carlisle Companies
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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