Market Overview:
The global powder coating machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for powder coating machines from various end-use industries, such as automotive, aerospace, and construction. In terms of type, the thermoset powder coating segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its properties such as high resistance to corrosion and abrasion. In terms of application, indoor usage is projected to be one of the fastest-growing segments during the forecast period owing to its growing demand from various end-use industries such as automotive and furniture manufacturing.
Product Definition:
The powder coating machine is a device used to apply a protective coating to metal parts. The powder coating is applied as a dry powder and then heated, causing it to melt and adhere to the metal part. This provides protection from rust and corrosion.
Thermoset Powder Coating:
Thermoset powder coating is a material that has high resistance to heat and chemicals. It's major applications are in the automotive industry, but it is also used in various other industries such as aerospace & defense, marine, industrial machinery equipment and consumer goods. Thermoset materials have a higher service temperature than thermoplastics; however they are more difficult to transform from their solid form into the liquid state.
Thermoplastic Powder Coating:
Thermoplastic powder coating is a type of plastic that can be heated and molded into various shapes and colors. It has high resistance to solvents, acids, alcohols, oils as well as heat. Thermoplastics are soft at room temperature but get hard when they are hot or cold.
Application Insights:
The others application segment includes construction, aerospace & defense, and industrial usage. The demand for the product in other applications such as automotive industry is expected to witness significant growth over the forecast period due to increasing use of powder coated products in this sector. In addition, growing preference for lightweight materials with corrosion resistance is expected to drive the market further.
Indoor usage accounted for a major share of more than 50% in 2017 owing to rising demand from end-use industries including building & construction and electrical & electronics among others. Powder coating offers cost-effective solutions compared with liquid or solid coatings which are used traditionally by painters working on walls, ceilings and furniture surfaces among others. These machines help reduce labor costs while improving quality resulting in increased adoption across various industries globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising investments by multinational companies in developing infrastructure, including buildings, roads and bridges. In addition, rapid industrialization coupled with increasing foreign investments is also expected to drive demand for powder coating machines in this region.
The European market was valued at USD X billion in 2017 owing to growing construction industry coupled with an increase in automotive production across countries such as Germany, France and Russia among others.
Growth Factors:
- Increasing demand from automotive and aerospace industries for powder coating of components to improve their durability and aesthetics.
- Growing popularity of powder coating as a low-emission, environmentally friendly finishing process over traditional liquid coatings.
- Rising demand for customized colors and finishes in the consumer durables segment.
- Technological advancements that have led to the development of new powder coating equipment and processes, making the process more efficient and cost effective.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powder Coating Machine Market Research Report
By Type
Thermoset Powder Coating, Thermoplastic Powder Coating
By Application
Indoor Usage, Outdoor/Architectural Usage, Automotive Industry, Others
By Companies
Sherwin-Williams, PPG Industries, Valspar Corporation, RPM International Inc, Masco, DowDuPont, Akzonobel(Rohm and Haas), TIGER Drylac, Midwest Industrial Coatings (MICI), Trimite Powders, Erie Powder Coatings, Nortek Powder Coating, 3M, American Powder Coatings, IFS Coatings, Allnex, Vogel Paint, Prismatic Powders
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Powder Coating Machine Market Report Segments:
The global Powder Coating Machine market is segmented on the basis of:
Types
Thermoset Powder Coating, Thermoplastic Powder Coating
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
Indoor Usage, Outdoor/Architectural Usage, Automotive Industry, 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:
- Sherwin-Williams
- PPG Industries
- Valspar Corporation
- RPM International Inc
- Masco
- DowDuPont
- Akzonobel(Rohm and Haas)
- TIGER Drylac
- Midwest Industrial Coatings (MICI)
- Trimite Powders
- Erie Powder Coatings
- Nortek Powder Coating
- 3M
- American Powder Coatings
- IFS Coatings
- Allnex
- Vogel Paint
- Prismatic Powders
Highlights of The Powder Coating Machine 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:
- Thermoset Powder Coating
- Thermoplastic Powder Coating
- By Application:
- Indoor Usage
- Outdoor/Architectural Usage
- Automotive Industry
- 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 Powder Coating Machine 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Powder coating machines are used to apply a thin layer of powder to a surface. The powder is then heated until it becomes liquid, and is sprayed onto the surface. This process creates a hard, durable finish that can be customized to match the specific needs of the project.
Some of the major companies in the powder coating machine market are Sherwin-Williams, PPG Industries, Valspar Corporation, RPM International Inc, Masco, DowDuPont, Akzonobel(Rohm and Haas), TIGER Drylac, Midwest Industrial Coatings (MICI), Trimite Powders, Erie Powder Coatings, Nortek Powder Coating, 3M, American Powder Coatings, IFS Coatings, Allnex, Vogel Paint, Prismatic Powders.
The powder coating machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Powder Coating Machine 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 Powder Coating Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Powder Coating Machine 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 Powder Coating Machine 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 Powder Coating Machine Market Size & Forecast, 2018-2028 4.5.1 Powder Coating Machine Market Size and Y-o-Y Growth 4.5.2 Powder Coating Machine Market Absolute $ Opportunity
Chapter 5 Global Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Type
5.2.1 Thermoset Powder Coating
5.2.2 Thermoplastic Powder Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Applications
6.2.1 Indoor Usage
6.2.2 Outdoor/Architectural Usage
6.2.3 Automotive Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powder Coating Machine 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 Powder Coating Machine 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 Powder Coating Machine Analysis and Forecast
9.1 Introduction
9.2 North America Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Type
9.6.1 Thermoset Powder Coating
9.6.2 Thermoplastic Powder Coating
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 Powder Coating Machine Market Size Forecast by Applications
9.10.1 Indoor Usage
9.10.2 Outdoor/Architectural Usage
9.10.3 Automotive Industry
9.10.4 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 Powder Coating Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Type
10.6.1 Thermoset Powder Coating
10.6.2 Thermoplastic Powder Coating
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 Powder Coating Machine Market Size Forecast by Applications
10.10.1 Indoor Usage
10.10.2 Outdoor/Architectural Usage
10.10.3 Automotive Industry
10.10.4 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 Powder Coating Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Type
11.6.1 Thermoset Powder Coating
11.6.2 Thermoplastic Powder Coating
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 Powder Coating Machine Market Size Forecast by Applications
11.10.1 Indoor Usage
11.10.2 Outdoor/Architectural Usage
11.10.3 Automotive Industry
11.10.4 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 Powder Coating Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Powder Coating Machine 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 Powder Coating Machine Market Size Forecast by Type
12.6.1 Thermoset Powder Coating
12.6.2 Thermoplastic Powder Coating
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 Powder Coating Machine Market Size Forecast by Applications
12.10.1 Indoor Usage
12.10.2 Outdoor/Architectural Usage
12.10.3 Automotive Industry
12.10.4 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) Powder Coating Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Powder Coating Machine 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) Powder Coating Machine Market Size Forecast by Type
13.6.1 Thermoset Powder Coating
13.6.2 Thermoplastic Powder Coating
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) Powder Coating Machine Market Size Forecast by Applications
13.10.1 Indoor Usage
13.10.2 Outdoor/Architectural Usage
13.10.3 Automotive Industry
13.10.4 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 Powder Coating Machine Market: Competitive Dashboard
14.2 Global Powder Coating Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sherwin-Williams
14.3.2 PPG Industries
14.3.3 Valspar Corporation
14.3.4 RPM International Inc
14.3.5 Masco
14.3.6 DowDuPont
14.3.7 Akzonobel(Rohm and Haas)
14.3.8 TIGER Drylac
14.3.9 Midwest Industrial Coatings (MICI)
14.3.10 Trimite Powders
14.3.11 Erie Powder Coatings
14.3.12 Nortek Powder Coating
14.3.13 3M
14.3.14 American Powder Coatings
14.3.15 IFS Coatings
14.3.16 Allnex
14.3.17 Vogel Paint
14.3.18 Prismatic Powders