Press release
Coating Equipment Market Size, Upcoming Trends and restraints impacting the dynamics 2019 -2026 | Nordson Corporation, Anest Iwata, Graco Inc., C. Oerlikon, IHI Ionbond AG
A Coating Equipment is also known as substrate which is applied to the surface of any object. Coating Equipment has different purpose, it may be used for decorative, functional or for both. The equipment which is used for covering the surface of an object is known as Coating Equipment equipment. Coating Equipment can be all-over Coating Equipment, full covered surface or a part of substrate. The Coating Equipment equipment includes resourcing of raw material, manufacturing and supply of Coating Equipment.On the basis of type, Coating Equipment is expected to grow at a highest CAGR for the forecast period because it is the most common type which is applied to the metal surface. On the basis of end-user, industrial sector is expected to lead the Coating Equipment market by 2026. The demand for the Coating Equipment in the industrial segment is fueling up due to the increasing use of Coating Equipment in heavy machinery.
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Coating Equipment Market size is expected to witness a surge in demand owing to increase in end use application in various industries including aerospace, automotive, industrial, transportation, and construction. Rise in automotive sales coupled with growing population, rapid boom of infrastructural industry and upsurging purchasing power of the consumers in emerging economies will boost the demand of Coating Equipment market growth.
Heavy machineries used in different industries employs various layering apparatus to provide tool resistance from corrosion, abrasion, rusting and wear & tear, which in turn increase the lifespan of these tools. Rise in industrialization in building and manufacturing industries in developing nations will upsurge Coating Equipment market. Growing application of heavy machines in manufacturing sector will also augment the market. Increase use of layering in household appliances, automobiles, and bicycle will ensure further product growth.
Coating Equipment Market Key Players:
Nordson Corporation, Anest Iwata, Graco Inc., C. Oerlikon, IHI Ionbond AG, SATA GmbH & Co. KG
Coating Equipment market Types:
Liquid Coating Equipment equipment
Powder Coating Equipment equipment
Specialty Coating Equipment equipment
Others
Coating Equipment market application:
Automotive
Medical
Aerospace
Industrial
Building & Construction
Marine
Electrical & Electronics
Others
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