Spraying & Plastering Machine Market Trends, Top Vendors, Regional Outlook and Forecast by 2030

The spraying and plastering machine market has been growing steadily in recent years, driven by increasing demand from the construction industry. These machines are used to spray or apply various materials such as plaster, mortar, concrete, and coatings on walls, ceilings, and other surfaces. The primary advantage of using a spraying or plastering machine is that it saves time and labor compared to traditional methods, as it can cover a large area quickly and efficiently.

The Spraying & Plastering Machine Market was valued at $2.5 billion in 2020, and is expected to reach $4.5 billion by 2030, registering a CAGR of 6.1% from 2021 to 2030.

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Top Companies
The major players profiled in the spraying & plastering machine market include ACME Equipment Pte Ltd, FILAMOS, s. r. o., IMER International SpA, Kappa Building Machines Pvt. Ltd, Normet, Sany Group (Putzmeister), Schwing Stetter Group, Sika AG, Titan Ltd and Zhengzhou Sincola Machinery Co., Ltd..

Major companies in the market have adopted product launch and business expansion as their key developmental strategy to offer better products and services to customers in the spraying & plastering machine market.

In addition to the construction industry, the spraying and plastering machine market also serves the automotive and aerospace industries, where these machines are used for surface coating and finishing. The growing trend towards automation in various industries is also driving demand for these machines as they can be integrated into automated production lines.

The spraying & plastering machine market is mainly driven by factors such as increase in government expenditures for infrastructural development, such as improvement of tunnels, mining operations, and other construction activities has been expected to increase. Thus, rapid urbanization and industrialization in developing countries have given rise to construction activities. In addition, development in manufacturing technology for construction activities is one of the major driving factors of the market, which ultimately saves construction time and delivers better results.

Moreover, lack of skilled labor in developed countries is a major problem, which is easily tackled by using spraying & plastering machine. However, spraying & plastering machines are construction equipment that are expensive compared to labor cost in countries such as India and Brazil. Moreover, use of alternative eco-friendly material instead of concrete has led to decrease in demand for spraying & plastering machines in the market. Furthermore, outbreak of the COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering growth of the spraying & plastering machine market. However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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On the contrary, use of spraying & plastering machine saves a lot of construction time and manpower thus fulfilling the need for reduced construction time and cost-effective products of the market.

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