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Finishing Lines Market Overview 2023-2032: Size, Share, Segments And Trends | Graco Inc., J. Wagner GmbH, Nordson Corporation, Spray Equipment & Service, Wewin Finishing Equipments Private Limited
Finishing Lines Market
Finishing Lines Market Size, Growth Rate, And Forecast
The global finishing lines market size is expected to grow from $6.90 billion in 2022 to $7.32 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global finishing lines market size is expected to reach $9.08 billion in 2027 at a CAGR of 5.5%.
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Finishing Lines Market Drivers
The growth of the automotive sector is expected to propel the growth of the finishing lines market going forward. The automotive sector is involved in the manufacturing and sale of vehicles and includes conventional as well as electric vehicles. Automotive body shops and repair facilities use coatings with polyurethane, acrylic, or alkyd bases as refinishing agents.
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Finishing Lines Market Segments
• By Component: Pre-Treatment Plants, Ovens, Paint Booths, Conveyor Systems, Control Systems, Other Components
• By Application: Automotive Parts, Engine and Motors, Electronics and Control Panels, Furniture, Machinery, Household Appliances, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Finishing Lines market.
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Finishing Lines Market Key Players
Major competitors in the finishing lines market include Graco Inc., J. Wagner GmbH, Nordson Corporation, Spray Equipment & Service, Wewin Finishing Equipments Private Limited, Reliant Finishing Systems.
The Business Research Company's "Global Finishing Lines Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Finishing Lines Market Include:
1. Executive Summary
2. Finishing Lines Market Characteristics
3. Finishing Lines Market Trends And Strategies
4. Finishing Lines Market - Macro Economic Scenario
5. Finishing Lines Market Size And Growth
……
26. Africa Finishing Lines Market
27. Finishing Lines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Finishing Lines Market
29. Finishing Lines Market Future Outlook and Potential Analysis
30. Appendix
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