Spray Gun Market 2020: Current COVID-19 Impact And Future Market Landscape Analysis 2026

This report on the global Spray Gun Market Research Report 2019 is detailed research that helps answer business questions related to competitive intelligence, market analysis, and market trends. It also highlights each of the prominent factors responsible for the growth of the market are; demographics, increasing purchasing power, increasing demand, regulatory policies, product standards, and manufacturing standards.

According to the study, the global Spray Gun market is valued at 1323.7 million US$ in 2020 is expected to reach 1609.5 million US$ by the end of 2026, growing at a CAGR of 2.8% during 2021-2026.

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Key Players:

Finishing Brands, EXEL Industries, Graco, Anest Iwata, J. Wagner, SATA, Nordson, 3M, Asahi Sunac, Lis Industrial, Rongpeng, Walther Pilot, Zhejiang Refine Wufu Air Tools, NingBo Navite, Ecco Finishing, Auarita, Prowin Tools, Fuji Spray, Yeu Shiuan, Prona, request sample for complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among the players will help the industry aspirants in planning their strategies.

Summary

Spray gun is a small, air-operated tool that sprays various media including ink and dye, but most often paint by a process of nebulization. Spray guns were developed from the airbrush and are still considered a type of airbrush.
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government policy and the high sales of spray gun in the international market, the current demand for spray gun product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.

Spray gun is mainly manufactured and sold by Finishing Brands, Exel, Graco and ANEST IWATA; and these companies occupied about 43.31% market share in 2016.

Geographically, China is the largest sales market in the world, which took about 27.27 percent of the global consumption volume in 2016. But North America shared 31.19% of global total sales revenue.

Although sales of spray gun brought a lot of opportunities, the study recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the spray gun field hastily.

News and Updates

-February 13, 2020, MINNEAPOLIS - Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, is pleased to announce the launch of its Fusion ProConnect (PC) spray gun. Designed for spray foam and polyurea applications, the Fusion PC gun combines 13 components into a single, disposable cartridge that offers contractors the ability to perform gun service quickly and easily in the field while avoiding costly downtime.

- Paris, February 3, 2020 - EXEL Industries has finalized today the acquisition of 100% of the company Eisenmann Intec GmbH & Co. KG, after approval of the competition authorities in Germany. Intec becomes a subsidiary of Sames Kremlin, the EXEL Industries' subsidiary specialized in applications of paints and high-viscosity products. The Intec site at Erftstadt, near Cologne, will be retained with all the staff in Germany and abroad. Established on the agriculture, industry and consumer markets, EXEL Industries continues to expand on the industry market abroad.

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Market Segmentation by types, Applications and regions:

On the basis of Types, market is segmented into:

Manual Spray Guns
Automatic Spray Guns

Based on application market is segmented into:

Metal Finishing
Wood Finishing
Plastic Finishing
Others

Market Segment by Regions:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

Frequently Asked Questions about Global market :

What will the Spray Gun market size/ forecast be in 2025?
What is the growth rate (CAGR) of the Spray Gun market?
Who are the key players/top companies in the Spray Gun market?
What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Spray Gun market?
What are the challenges to growth and the new opportunities in the Spray Gun market?
Which is the highest growing region or country for the Spray Gun market?
Which is the top growing segment/application/end-user industry?
What will be the impact of COVID-19 Pandemic (Coronavirus) on industry?
Note:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Sources/references:

-https://www.businesswire.com/news/home/20200213005696/en/Graco-Launches-Fusion-ProConnect-Spray-Gun

- https://www.globenewswire.com/news-release/2020/02/03/1978912/0/en/EXEL-Industries-has-finalized-the-acquisition-of-Eisenmann-Intec-in-Germany.html

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This release was published on openPR.