Paint Spray Guns Market Size, Share, Key Players, Revenue, Demand, and Forecast 2031

The global paint spray gun market size was US$ 1.53 billion in 2021. The global paint spray gun market size is estimated to reach US$ 2.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period from 2022 to 2030.

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A paint spray gun is a machine used to apply paint to a surface. Unlike the paintbrush and roller, it uses external pressure to break the paint into fine particles and direct them toward the surface as a spray. A typical paint spray gun consists of an airhead, nozzle, flow regulator, and paint tank.
A paint spray gun can paint the required surface faster, than paint brushes and rollers.

Factors Affecting Marketing Growth

Since spray painting is a touchless process, the paint finish is blemish free and of high quality. Such useful features are expected to drive the growth of the global market.
The expansions in the paint spray guns have enabled them to be light in weight, quickly cleanable, and include microprocessor-based controls, which are expected to drive the growth of the global market.
The manufacturing sector uses paint spray guns to paint the products, due to much-desired advantages, such as quick painting, and blemish-free surface finish. Thus, the increase in the manufacturing sector is expected to drive the growth of the global market.

Impact on COVID-19 Analysis

COVID-19 halted the production of many components of paint spray guns due to the lockdown. The economic slowdown initially resulted in reduced spending on automobiles and various residential and non-residential building construction projects. However, due to the introduction of various vaccines, the pandemic has significantly reduced. This has led to the full-fledged reopening of paint spray gun manufacturing companies at their full-scale capacities.

Regional Analysis

The Asia Pacific market is expected to hold the majority of the market share in 2021, due to the growth in the automotive and manufacturing industries. However, the existence of many potential vendors drives the growth of the global market in the region.

LAMEA is expected to grow with the highest CAGR throughout the forecast period. This is attributed to the high growth rate of disposable income and a particularly large untapped market in the region.

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Leading Competitors
The prominent players in the global paint spray gun market are:
Zhejiang Refine Wufu Air Tools
Tritech Industries, Inc.
Titan Tool Inc.
Rongpeng
SATA GmbH & Co. KG
Nordson
Lis Industrial
EXEL Industries
Auarita
Anest Iwata
Others

Segmentation Analysis
The global paint spray gun market segmentation focuses on Product Type, Technology, End-User Industry, and Region.

Segmentation on the basis of Product Type

Pneumatic
Airless
Electrostatic
LVLP
HVLP

Segmentation on the basis of Technology

Manual
Automatic

Segmentation on the basis of End User Industry

Manufacturing
Construction
Automotive
Other

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Segmentation on the basis of Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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This release was published on openPR.