Global Powder Coating Equipment Market Size, Trends & Growth Opportunity and By Type (Ovens, Powder Coat Guns, and Others), By Application (Architecture, Automotive, Consumer Goods, and Others), By Region and Forecast till 2027.
Report ID : IR100182 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 256
Global Powder Coating Equipment Market Size, Trends & Growth Opportunity and By Type (Ovens, Powder Coat Guns, and Others), By Application (Architecture, Automotive, Consumer Goods, and Others), By Region and Forecast till 2027.
Global Powder Coating Equipment Market
The Global Powder Coating Equipment Market is expected to grow from US$ 1.20 Billion in 2021 to US$ 1.63 Billion by 2027; it is estimated to grow at a CAGR of 5.24% from 2022 to 2027.
Market Overview
Powder coating equipments are preferred by companies due to its various features like maximized production, durable finish, improved efficiency, and high quality. Powder coating equipments are used for decorative as well as protective finish to products. Rise in technological advancements will drive the market growth.
Market Drivers
Multi-axis robots created specifically for powder coating applications are used in the powder coating business. Costs are decreased by increased efficiency, decreased labour costs, greater throughput, easier adjustment and storage, and better working conditions as a result of uniform and effective coating equipment. Powder coating booths also make it possible to perform flexible and effective coating tasks for both automated and manual powder coatings. Simple powder delivery arrangements and small, flexible footprints are made possible by the design. Additionally, plug-and-spray technology, which facilitates fast and simple installation of all electrical components, is included in express powder coating ovens and booths. These elements are anticipated to fuel an increase in market income.
Market Restraints
Filters, collector/color modules, canopy, and fan sections are included in powder coating booths and ovens to enable continuous and homogenous airflow. The administration of powder coating appliances and specialised applications has been made possible by technological advancements and the emergence of contemporary technologies like Artificial Intelligence (AI) and the Internet of Things (IoT). Automation of some spraying processes is becoming increasingly essential, as is the use of software to deliver real-time data on the quality and finish of powder coatings. As a result, adding sophisticated software to equipment to manage it and turn it on and off is expensive. Throughout the forecast period, these factors are anticipated to impede revenue development.
Market Segmentation
Segmentation By Type: Global Powder Coating Equipment Market is segmented on the basis of Type into Ovens, Powder Coat Guns, and Others. Due to the growing demand for superior curing and decreased blow-off, the ovens sector is anticipated to experience rapid revenue growth during the forecast period.
Segmentation By Application: Global Powder Coating Equipment Market is segmented on the basis of application into Architecture, Automotive, Consumer Goods, and Others. During the forecast period, the consumer goods sector is anticipated to post consistent revenue growth. Powder coating is frequently used in the consumer goods business because it uses fewer raw materials.
Segmentation By Region: Global Powder Coating Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of powder coating equipment, the APAC region will command the industry in 2021. Fast-paced urbanisation and expanding industrialization in the area, along with expanding public infrastructure and rising FMCG demand, particularly in countries like China, South Korea, and India, are the main causes expected to have a positive impact on market growth over the projection period.
Market Key Players
Various key players are discussed in this report such as Nordson Corporation, Sulzer Ltd., Graco Inc, Sata GmbH & Co. Kg, Gema Switzerland GmbH, Sames Technologies, MS Oberflächentechnik AG, Parker Ionics, and Asahi Sunac Corporation.
Industrial Development
• Graco introduced contemporary wireless spraying technology in February 2019. Numerous electric-powered airless sprayers that provide real-time location and spray quality & amount stats are included in this sprayer governance system. In order to meet the needs of business travellers, execs, and painters, it is accessible via Wi-Fi.
• Biocoat, Inc., a significant producer of hydrophilic biomaterial coatings and equipment for coating medical devices, announced in April 2022 the release of EMERGE, a domestic dip coating method for pharmaceutical equipment.
Market Taxonomy
By Type
• Ovens
• Powder Coat Guns
• Others
By Application
• Architecture
• Automotive
• Consumer Goods
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Powder Coating Equipment Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Powder Coating Equipment Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Powder Coating Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Powder Coating Equipment Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Powder Coating Equipment Market Share Analysis, By Type
5.3 Global Powder Coating Equipment Market Size and Forecast, By Type
5.3.1 Oven
5.3.2 Powder Coat Guns
5.3.3Others
6 Global Powder Coating Equipment Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Powder Coating Equipment Market Share Analysis, By Application
6.3 Global Powder Coating Equipment Market Size and Forecast, By Application
6.3.1 Architecture
6.3.2 Automotive
6.3.3Consumer Goods
6.3.4Others
7 Global Powder Coating Equipment Market, By Region
7.1 Global Powder Coating Equipment Market Share Analysis, By Region
7.2 Global Powder Coating Equipment Market Share Analysis, By Region
7.3 Global Powder Coating Equipment Market Size and Forecast, By Region
8. North America Powder Coating Equipment Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Powder Coating Equipment Market Share Analysis, By Type
8.3 North America Powder Coating Equipment Market Size and Forecast, By Application
8.4 North America Powder Coating Equipment Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Powder Coating Equipment Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Powder Coating Equipment Market Share Analysis, By Type
9.3 Europe Powder Coating Equipment Market Size and Forecast, By Application
9.4 Europe Powder Coating Equipment Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Powder Coating Equipment Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Powder Coating Equipment Market Share Analysis, By Type
10.3 Asia Pacific Powder Coating Equipment Market Size and Forecast, By Application
10.4 Asia Pacific Powder Coating Equipment Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Powder Coating Equipment Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Powder Coating Equipment Market Share Analysis, By Type
11.3 Latin America Powder Coating Equipment Market Size and Forecast, By Application
11.4 Latin America Powder Coating Equipment Market Size and Forecast, By Country
12 Middle East Powder Coating Equipment Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Powder Coating Equipment Market Share Analysis, By Type
12.3 Middle East Powder Coating Equipment Market Size and Forecast, By Application
12.4 Middle East Powder Coating Equipment Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 Nordson Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Sulzer Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Graco Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Sata GmbH & Co. Kg
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Gema Switzerland GmbH
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Sames Technologies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 MS Oberflächentechnik AG
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Parker Ionics
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Asahi Sunac Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies