Coating Equipment Market worth US$ 27.7 Billion by 2023 | Nordson Corp, IHI Corp, OC Oerlikon, SATA , Graco , ANEST IWATA, ASAHI Sunac Corp etc.

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The Coating Equipment Market size is estimated to be US$ 20.4 Billion in 2018 and is projected to reach US$ 27.7 Billion by 2023, at a CAGR of 6.3%.The market is driven by various factors such as growing end-use industries and need for the replacement for existing coating systems. Availability of low-cost alternatives for some applications is a key factor restraining the coating equipment market.

Top Key Players in the “Coating Equipment Market” include are
• Nordson Corp (US)
• IHI Corp. (Japan)
• OC Oerlikon (Switzerland)
• SATA (Germany)
• Graco (US)
• ANEST IWATA (JAPAN)
• ASAHI Sunac Corp (Japan)
• J. Wagner (Germany)
• Carlisle Companies (US)
• WIWA Wilhelm Wagner (Germany)

The powder coating equipment segment is projected to grow at the fastest rate during the forecast period. Powder coating is generally applied to metal surfaces. In powder coating, the excess material can be reclaimed, which decreases the amount of waste material that goes into the waste stream. Although the use of powder coating equipment requires a large initial investment, the cost of applying powder is less than a liquid system in the long-term

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APAC is projected to be the fastest-growing coating equipment market. The emerging countries in the region are witnessing high population growth and industrial development. Increase in demand for automobiles and growing demand for coatings with better efficiency from end-use industries in the region is driving the coating equipment industry.

The Study Objectives of this report are:

• To analyze and forecast the market size on the basis of type and application

• To forecast the market size of different segments with respect to five main regions, namely, North America, Europe & Russia, Asia Pacific (APAC), South America, and the Middle East & Africa

• To provide detailed information regarding the significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

• To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market

• To analyze the competitive developments, such as expansion, merger & acquisition, agreement, and new product development in the market

• To strategically profile the key players and comprehensively analyze their growth strategies

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Table of Contents
• Introduction
• Research Methodology
• Executive Summary
• Market Overview
• Coating Equipment Market, By Type
• Coating Equipment Market, By End-Use Industry
• Coating Equipment Market, By Region
• Competitive Landscape
• Company Profiles
• Appendix

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