San Francisco, 3 January 2019: The Report Coating Equipment Market Analysis By Product (Specialty Coating equipment, Powder
Coating Equipment, Liquid Coating Equipment), By Application, By Region, And
Segment Forecasts, 2018 - 2025
The global coating
equipment market is
expected to reach USD 22.23 billion by 2025, according to a new report by Grand
View Research, Inc. The industry is expected to witness significant growth on
account of high application scope coupled with growing consumption from the
automotive application.
Robust
growth in the consumption owing to rising government spending, fast-growing
population, and continued progress on infrastructure projects in Middle Eastern
economies is likely to augment product utilization in the residential
sector.Africa residential sector is expected to witness growth on account of
increasing foreign direct investments and rising consumer’s willingness to
spend.
Governments
of Middle East have framed favourable policies to promote investments in the
automotive sector. In addition, expansion of road networks along with urban
population growth has played a crucial role in increasing sales of automotive
vehicles in Middle East countries such as Saudi Arabia and United Arab
Emirates.
The
global coating equipment market is expected to witness significant competitive
rivalry due to the presence of numerous players across the industry. As a
result of changing consumer trend, various companies are launching new products
to expand their product offerings and put up with the competition in the
market.
Access
Research Report of Coating Equipment Market @ www.grandviewresearch.com/industry-analysis/coating-equipment-market
Further key findings
from the report suggest:
· Powder
coating equipment accounted for a share of 38.7% of global market revenue in
2016 owing to low cost as compared to specialty coatings
· Powder
coating equipment has the ability to produce thin films which are utilized by
aerospace and automotive industry due to their lightweight
· Development
and utilization of machinery in agriculture sector has witnessed significant
growth globally which is anticipated to provide positive scope for product
demand as the machinery typically requires coating
· South
Korea is expected to show high growth in the construction industry owing to
private and public investments in commercial, industrial, and infrastructure
projects
· Key
players in the industry perform distribution directly to the end user rather
than distributing the product through third party sources. Wide distribution
channel in the market is achieved through both physical retail stores and
online retailing.
· In
March 2017, Oerlikon acquired novel technologies which enabled the company to
strengthen its business position in coatings & equipment market
· In
December 2016, Sata GmbH & Co.Kg introduced Satajet 4800 K spray mix to
serve high pressure applications
Browse more
reports of this category by Grand View Research at: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand
View Research has segmented the global coating equipment market on the basis of
product, application, and region:
Coating Equipment Product Outlook
(Revenue, USD Million, 2014 - 2025)
·
Specialty
coating equipment
·
Powder
coating equipment
·
Liquid
coating equipment
Coating Equipment Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Automotive
·
Aerospace
·
Construction
·
Industrial
·
Other
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North
America
·
Europe
·
Asia
Pacific
·
Central
& South America
·
Middle East &
Africa
Access
Press Release of Coating Equipment Market@
www.grandviewresearch.com/press-release/global-coating-equipment-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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