HTF MI recently introduced Global Coating Equipment Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Nordson Corporation (United States), PPG Industries, Inc. (United States), Wagner SprayTech Corp. (United States), IHI Hauzer Techno Coating (Netherlands), Impact Coatings (Sweden), Sichuan Goldstone Orient New Material Equipment (China), VaporTech (United States), SDC Technologies, Inc. (United States), Valco Melton (United States), Linden Industries, LLC (United States), VTD Vakuumtechnik Dresden (Germany), Satisloh (Switzerland), Alliance Concept (France).
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According to HTF Market Intelligence, the Global Coating Equipment Market is expected to grow from USD19.7% billion in 2023 to USD 30.5 billion by 2030, with a CAGR of 6.3% from 2024 to 2030.
Definition:
Powder coating equipment is generally used to coat metal surfaces. Equipment used to apply powder coating is dependent on the shape of the object, size of the object, and Others parameters. The commonly used process for applying powder coating to metal surfaces is spraying powder coating by corona or tribo guns. The coated object is then cured in oven so as to form a uniform film of coatings. Various industries have started using powder coatings as they are free from volatile organic components. Moreover, increasing concerns about environment conservation and use of environment-friendly products are expected to fuel the demand for the powder coatings, thereby leading towards the growth of the powder coating equipment segment of the coating equipment market.
Market Trends:
- Customization and Specialized Coating Needs ●Sustainability and Eco-Friendly Solutions
Market Drivers:
- Industrial Growth and Expansion ●Convenience
Market Opportunities:
- Automation and Robotics ●Smart Coating Technologies
Dominating Region:
- North America
Fastest-Growing Region:
- Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Coating Equipment market segments by Types: Powder coating equipment, Liquid coating equipment, Specialty coating equipment
Detailed analysis of Coating Equipment market segments by Applications: Automotive & Transportation, Aerospace, Indutrial, Building & Infrastructure, Other
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Coating Equipment Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Coating Equipment Market:
Chapter 01 – Coating Equipment Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Coating Equipment Market – Pricing Analysis
Chapter 05 – Global Coating Equipment Market Background or History
Chapter 06 — Global Coating Equipment Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Coating Equipment Market
Chapter 08 – Global Coating Equipment Market Structure & worth Analysis
Chapter 09 – Global Coating Equipment Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Coating Equipment Market Research Methodology
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