Press release
The Growing Manual Spray Guns Market Expected to Reach $2.6 Billion: Spraying Towards the Future
In the world of coatings and finishes, manual spray guns have emerged as a powerful tool, offering both professionals and DIY enthusiasts the ability to achieve a seamless, blemish-free paint coat on various surfaces. A recent report published by Allied Market Research titled "Manual Spray Guns Market" reveals the remarkable growth in this industry. The market was valued at $1.8 billion in 2020 and is projected to reach $2.6 billion by 2032, boasting a steady compound annual growth rate (CAGR) of 2.8% from 2023 to 2032. Let's explore the factors driving this growth and the sectors benefiting from it.Download PDF Sample: https://www.alliedmarketresearch.com/request-sample/111362
The Magic of Manual Spray Guns
Manual spray guns are an essential painting tool that uses an external source of pressure to atomize liquid paint and spray it onto surfaces. These guns come in various sizes, capacities, and working principles, making them suitable for industrial, professional, and non-professional users. What sets manual spray guns apart is their ability to deliver paint quickly, create a blemish-free finish, and access challenging areas and voids with ease.
The Role of Housing and Furniture
The growth of the housing market, an increase in disposable income, and the booming e-commerce sector have fueled the demand for furniture. Over the past decade, the furniture industry has witnessed substantial growth, with giants like IKEA and 3M experiencing substantial increases in revenue. Manual spray guns play a vital role in the furniture sector due to their ability to evenly distribute paint, enhancing the overall quality of finished products. As the demand for furniture continues to rise, so does the demand for manual spray guns.
Efficiency and Cost Savings
One of the advantages of manual spray guns is their economic efficiency. These tools can cover a large surface area quickly while minimizing material waste, including drips and spills. The paint stays fresh and usable in the gun's canister, reducing waste. Additionally, manual spray guns offer a superior finish compared to traditional brushes, moving processes closer to automation and contributing to cost savings. This efficiency has led to increased adoption in various industries, further propelling the growth of the manual spray guns market.
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Aerospace and High-Quality Finishes
In the aerospace sector, achieving the highest quality finish on aircraft components is critical. Properly applied paint not only enhances the aesthetics but also provides a functional anti-corrosion layer, protecting the aircraft's parts. As the aerospace sector continues to expand, the demand for high-quality aircraft grows. Manual spray guns, capable of painting various components quickly and efficiently, are increasingly being adopted in the industry. The worldwide aerospace sector witnessed a substantial 15% expansion between 2021 and 2022, further boosting the manual spray guns market.
Asia-Pacific: A Hub for Manufacturing
The Asia-Pacific region has emerged as a significant manufacturing hub for various industries, including automobiles. Countries like South Korea, China, and Japan are home to major automakers, and the industrial and construction sectors are thriving in nations like India, Bangladesh, Vietnam, and Indonesia. For example, India's construction industry saw a 15% increase since 2021. This surge in construction activity contributes to the growth of the manual spray guns market in the region.
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Key Findings
The report provides valuable insights into the manual spray guns market:
The paint segment was the largest revenue generator in 2020 by material.
The fire protection segment generated the highest revenue in 2020 by coating type.
Air spray guns (HVLP) were the dominant type in 2020.
The automotive segment dominated the manual spray guns market in 2020 by end-user industry.
Dealers and distributors were the primary sales channel in 2020.
Asia-Pacific led the revenue generation in 2020.
In conclusion, the manual spray guns market is on a growth trajectory, driven by various industries seeking efficient and cost-effective painting solutions. With the housing, furniture, aerospace, and manufacturing sectors contributing to its expansion, the manual spray guns market is poised to become an indispensable part of the finishing and coating industry. As environmental concerns and the demand for high-quality finishes continue to rise, manual spray guns are proving to be the go-to solution for a wide range of applications.
https://www.alliedmarketresearch.com/manual-spray-guns-market-A110878
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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