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Powder Coating Equipment Market 2016-2024 SWOT Analysis by Top Key Players Nordson Corporation.,Gema Switzerland GmbH,Sames Technolgies,J. Wagner GmbH,Parker Ionics,MS Oberflächentechnik AG.

06-04-2019 09:28 AM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

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Powder Coating Equipment Market 2016-2024 SWOT Analysis by Top

General Metal segment is expected to gain a high market share of 460 BPS to account for a dominant share of 33.5% by 2024 end. The Automotive segment is expected to account for a market share of 15.2% by 2024 end. The thriving market for automotive components is expected to boost sales of powder coating equipment during the forecast period with Asia Pacific spearheading the demand for guns and booths in the next eight years.

Agricultural and Construction machinery, Architectural, and Furniture segments are expected to witness similar Y-o-Y growth during the forecast period. However, the Furniture segment is expected to witness significant growth post 2020 owing to increasing adoption of MDF for mainstream application. Agricultural and Construction segment is expected to witness moderate growth throughout the forecast period; however with a recuperating global economy and sector growth, the increase in machinery production is expected to boost the value and volume sales.

Persistence Market Research analyzes the global powder coating equipment market over an eight-year period, 2016-2024. According to a recent report outlook titled “Powder Coating Equipment Market: Global Industry Analysis and Forecast, 2016 - 2024,” the US$ 2,127.7 Mn market for powder coating equipment is likely to expand moderately over the forecast period, reaching a value of US$ 3,275.2 Mn by 2024 end.

Global Powder Coating Equipment Market Analysis, By Application

General Metal segment to gain high market share during the forecast period
General Metal segment is expected to gain a high market share of 460 BPS to account for a dominant share of 33.5% by 2024 end. The Automotive segment is expected to account for a market share of 15.2% by 2024 end. The thriving market for automotive components is expected to boost sales of powder coating equipment during the forecast period with Asia Pacific spearheading the demand for guns and booths in the next eight years.

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Agricultural and Construction machinery, Architectural, and Furniture segments are expected to witness similar Y-o-Y growth during the forecast period. However, the Furniture segment is expected to witness significant growth post 2020 owing to increasing adoption of MDF for mainstream application. Agricultural and Construction segment is expected to witness moderate growth throughout the forecast period; however with a recuperating global economy and sector growth, the increase in machinery production is expected to boost the value and volume sales.

General Metal

• General metal segment was estimated to be valued at nearly US$ 700 Mn by 2016 end and is projected to represent incremental dollar opportunity of nearly US$ 500 Mn between 2016 and 2024
• The segment is slated to be valued at nearly US$ 1,200 Mn by 2024, registering a CAGR of 6.6% over 2016 – 2024

Agricultural and Construction

• Agricultural and Construction segment was estimated to be valued at nearly US$ 300 Mn by 2016 end and is projected to represent incremental dollar opportunity of nearly US$ 100 Mn between 2016 and 2024
• The segment is slated to be valued at nearly US$ 400 Mn by 2024, exhibiting a CAGR of 4.3% over 2016 – 2024

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Appliance

• Appliances segment was estimated to be valued at nearly US$ 300 Mn by 2016 end and is projected to represent incremental dollar opportunity of nearly US$ 150 Mn between 2016 and 2024
• The segment is slated to be valued at nearly US$ 450 Mn by 2024, registering a CAGR of 5.0% over 2016–2024

Automotive

• Automotive segment was estimated to be valued at more than US$ 300 Mn by 2016 end and is projected to represent incremental dollar opportunity of nearly US$ 200 Mn between 2016 and 2024
• The segment is slated to be valued at nearly US$ 500 Mn by 2024, exhibiting a CAGR of 6.2% over 2016–2024

Key Driver Insights

• The consumption of powder coating equipment will possibly increase by 1.6X through the aforementioned period, attributed to soaring adoption by end-use industries.
• Although the market is expected to face extremely high competition from other surface treatment technologies, stringent favorable regulations will continue to sustain the sales in near future.
• Increasing preference for powder coating technique as a superior, economic, viable, operationally and functionally effective technology is identified to be the key factor fueling the demand for powder coating equipment over the next few years.
• In addition to surging adoption by various industries, prominent consumption by general metal and automotive manufacturing sectors will remain the crucial factors escalating the sales.

Key Trend & Opportunity Insights

• Soaring demand for automated powder coating systems for batch manufacturing is a growing trend.
• Increasing demand by architectural and furniture businesses will also push the sales.
• The market is likely to benefit from the introduction of color-handling solution to encompass a diverse range of commercial applications.
• Launch of vertical recirpocator units will also hold a positive influence on market growth.

Table Of Contents

1. Executive Summary

2. Market Introduction

2.1. Market Definition
2.2. Market Taxonomy
2.3. Parent/ Associated Market Overview

3. Powder Coating Equipment Market Analysis Scenario

3.1. Market Volume Analysis
3.1.1. Install Base By Region
3.1.2. Replacement Rate and Lifecycle Analysis
3.2. Pricing Analysis
3.2.1. Pricing Assumption
3.2.2. Price Projections Per Regions
3.3. Market Size (US$ Mn) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. Market Overview
3.4.1. Value Chain
3.4.2. Profitability Margins
3.4.3. List of Active Participants
3.4.3.1. Component Suppliers
3.4.3.2. Integrators
3.4.3.3. Manufacturers
3.4.3.4. Distributors/Retailers

4. Market Dynamics

4.1. Macro-economic Factors
4.2. Drivers
4.2.1. Supply Side
4.2.2. Demand Side
4.3. Restraint
4.4. Opportunity
4.5. Forecast Factors- Relevance and Impact

5. Global Powder Coating Equipment Market Analysis and Forecast, By Component

5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis By Component
5.1.2. Y-o-Y Growth Projections By Component
5.2. Market Value (US$ Mn) and Volume (Units) Forecast By Component
5.2.1. Guns
5.2.1.1. Corona
5.2.1.2. Tribo
5.2.2. Ovens
5.2.2.1. Electric Ovens
5.2.2.2. Fuel Fired Ovens
5.2.3. Powder Coating booths and Systems
5.2.3.1. Automatic Booths
5.2.3.2. Manual Spray System
5.2.4. Sieving System
5.2.5. Others
5.3. Market Attractiveness By Component
5.4. Prominent Trends

6. Global Powder Coating Equipment Market Analysis and Forecast, By End-Use Industry

6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis By End-Use Industry
6.1.2. Y-o-Y Growth Projections By End-Use Industry
6.2. Market Value (US$ Mn) and Volume (Units) Forecast By End-Use Industry
6.2.1. General Metals
6.2.2. Agricultural and Construction
6.2.3. Appliances
6.2.4. Automotive
6.2.5. Architectural
6.2.6. Furniture
6.2.7. Others
6.3. Market Attractiveness By End-Use Industry
6.4. Prominent Trends

7. Global Powder Coating Equipment Market Analysis and Forecast, By Region

7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By Region
7.1.2. Y-o-Y Growth Projections By Region
7.2. Market Value (US$ Mn) and Volume (Units) Forecast By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East & Africa
7.3. Market Attractiveness By Region
7.4. Prominent Trends

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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