Market Overview:
The global industrial coating equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial coatings from various end-use industries, such as automotive & transportation, building & infrastructure, and aerospace. In addition, the growing demand for powder coatings is also contributing to the growth of this market. The liquid coating equipment segment is expected to dominate the global industrial coating equipment market during the forecast period owing to its high adoption rate in various end-use industries. The specialty coating equipment segment is projected to grow at a higher CAGR than other segments during the forecast period due its increasing demand from various end-use industries.
Product Definition:
Industrial coating equipment is used to apply a protective or decorative coating to a variety of industrial products. This equipment can include spray guns, dip tanks, and ovens. The purpose of industrial coatings is to protect the product from corrosion or wear, improve its appearance, and extend its life.
Liquid Coating Equipment:
Liquid coating equipment is used for applying a liquid coating on metal or plastic parts. It is also known as slurry coating and usually done with epoxy resins, polyurethanes, acrylics & alkyd resins among others. Coating materials are selected depending upon the type of machine to be coated (aesthetics only or functional too), the environment where the machines will be used (temperature range & corrosion resistance), and lastly consumer preference for certain color shades.
Specialty Coating Equipment:
Specialty coating equipment is used in the industrial coating equipment market to provide various specialty finishes such as anti-corrosion, electrostatic, powder coatings and others. The specialty coating process involves different types of machinery which are used to apply a wide range of paints & varnishes on steel structures or metal products. Specialty Coating Equipment consists of Primer Unit, Paint System (Paint Rollers), Powder Coating System and End Use Application Machine.
Application Insights:
The automotive & transportation application segment led the global industrial coating equipment market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for liquid coatings, which are used on various components including doors, roofs, interiors and exteriors of vehicles. Specialty coatings such as powder-coated steel are also gaining popularity due to their low cost and easy application process.
Building & infrastructure was the second largest segment accounted for revenue share of 17% in 2017 owing to rising use of specialty paints that offer better protection against environmental factors such as UV rays, moisture etc., leading to increased product consumption across this sector over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing foreign investments in economies such as China, India, and Japan. In addition, rising industrialization coupled with growing infrastructure activities is likely to drive regional demand for coatings & printing ink products which are majorly served by coating machinery manufacturers.
The European market was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing high product adoption across various end-use industries including automotive, aerospace & defense among others due high economic stability within the region along with technological advancements made by research centers across Europe has led it being a prominent regional market for industrial coatings machinery over the forecast period.
Growth Factors:
- Increasing demand for industrial coatings from the automotive and aerospace industries due to the need for corrosion protection and improved aesthetics.
- Rising demand from the construction industry due to growth in infrastructure development projects around the world.
- Growing popularity of powder coatings, which offer superior performance characteristics compared to traditional liquid coatings, is driving market growth.
- Rapid expansion of manufacturing facilities in developing countries such as China and India is providing a boost to the market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Coating Equipment Market Research Report
By Type
Liquid Coating Equipment, Specialty Coating Equipment, Powder Coating Equipment
By Application
Industrial, Automotive & Transportation, Building & Infrastructure, Aerospace, Others
By Companies
Nordson Corporation, Anest Iwata, Graco Inc, C. Oerlikon, IHI Ionbond AG, SATA GmbH & Co. KG., Gema USA Inc, Axalta Coating Systems, Cardinal, Praxair S.T. Technology, Nordson Corporation, Praxair Surface Technologies, Wagner Systems Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Coating Equipment Market Report Segments:
The global Industrial Coating Equipment market is segmented on the basis of:
Types
Liquid Coating Equipment, Specialty Coating Equipment, Powder Coating Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Automotive & Transportation, Building & Infrastructure, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nordson Corporation
- Anest Iwata
- Graco Inc
- C. Oerlikon
- IHI Ionbond AG
- SATA GmbH & Co. KG.
- Gema USA Inc
- Axalta Coating Systems
- Cardinal
- Praxair S.T. Technology
- Nordson Corporation
- Praxair Surface Technologies
- Wagner Systems Inc.
Highlights of The Industrial Coating Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Coating Equipment
- Specialty Coating Equipment
- Powder Coating Equipment
- By Application:
- Industrial
- Automotive & Transportation
- Building & Infrastructure
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Coating Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial coating equipment is a type of machinery used to apply coatings, such as paint or varnish, to various objects. The equipment typically includes a spray gun that applies the coating material in a fine mist, and an applicator pad that spreads the material over the object.
Some of the major players in the industrial coating equipment market are Nordson Corporation, Anest Iwata, Graco Inc, C. Oerlikon, IHI Ionbond AG, SATA GmbH & Co. KG., Gema USA Inc, Axalta Coating Systems, Cardinal, Praxair S.T. Technology, Nordson Corporation, Praxair Surface Technologies, Wagner Systems Inc..
The industrial coating equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Coating Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Coating Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Coating Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Coating Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Coating Equipment Market Size & Forecast, 2020-2028
4.5.1 Industrial Coating Equipment Market Size and Y-o-Y Growth
4.5.2 Industrial Coating Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid Coating Equipment
5.2.2 Specialty Coating Equipment
5.2.3 Powder Coating Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive & Transportation
6.2.3 Building & Infrastructure
6.2.4 Aerospace
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Coating Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Coating Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid Coating Equipment
9.6.2 Specialty Coating Equipment
9.6.3 Powder Coating Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive & Transportation
9.10.3 Building & Infrastructure
9.10.4 Aerospace
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid Coating Equipment
10.6.2 Specialty Coating Equipment
10.6.3 Powder Coating Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive & Transportation
10.10.3 Building & Infrastructure
10.10.4 Aerospace
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid Coating Equipment
11.6.2 Specialty Coating Equipment
11.6.3 Powder Coating Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive & Transportation
11.10.3 Building & Infrastructure
11.10.4 Aerospace
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid Coating Equipment
12.6.2 Specialty Coating Equipment
12.6.3 Powder Coating Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive & Transportation
12.10.3 Building & Infrastructure
12.10.4 Aerospace
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid Coating Equipment
13.6.2 Specialty Coating Equipment
13.6.3 Powder Coating Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive & Transportation
13.10.3 Building & Infrastructure
13.10.4 Aerospace
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Coating Equipment Market: Competitive Dashboard
14.2 Global Industrial Coating Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordson Corporation
14.3.2 Anest Iwata
14.3.3 Graco Inc
14.3.4 C. Oerlikon
14.3.5 IHI Ionbond AG
14.3.6 SATA GmbH & Co. KG.
14.3.7 Gema USA Inc
14.3.8 Axalta Coating Systems
14.3.9 Cardinal
14.3.10 Praxair S.T. Technology
14.3.11 Nordson Corporation
14.3.12 Praxair Surface Technologies
14.3.13 Wagner Systems Inc.
