Press release
Finishing Lines Market: Robust Growth, Drivers and Upcoming Trends
The finishing lines market continues to show strong growth, driven by industry shifts, advancements in application techniques, globalization, and environmental regulations.What Is The Projected Market Size Of The Global Finishing Lines Market And Its Growth Rate?
• The market grew from $7.67 billion in 2024 to $8.12 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 5.9%. This rapid growth is primarily due to increasing customer expectations and advancements in global market expansion.
• Looking forward, the market is expected to surge to $10.38 billion in 2029, with a CAGR of 6.3%. Drivers such as industry 4.0, smart manufacturing, advanced coating materials, automation and robotics, and adaptability are some of the factors contributing to this trend.
What Is Driving The Growth In The Finishing Lines Market?
A notable driver of the finishing lines market is the growth of the automotive sector. The increasing production and sale of both conventional and electric vehicles have led to an increased usage of finishing lines, especially with the use of coatings for refinishing purposes. According to a report from the International Energy Agency, EV sales were around 6.6 million in 2021 and surged to 2 million in Q1 2022 - a 75% increase compared to the same period in the previous year. This promotes the growth of the finishing lines market.
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Who Are the Key Players Driving Finishing Lines Market Growth?
• Graco Inc.
• J. Wagner GmbH
• Nordson Corporation
• Spray Equipment & Service Center Inc.
• Wewin Finishing Equipments Private Limited
• Reliant Finishing Systems LLC
• Blasdel Enterprises Inc.
• Crescent Bronze Powder Co. Inc.
• Finish Line Industries Inc.
• Industrial Finishes and Systems Inc.,
• Valmont Industries Inc.,
• Cornerstone Building Brands Inc.,
• Steel Technologies LLC,
• Precoat Metals Inc.,
• Worthington Industries Inc.,
• ABB Ltd.,
• Fives Group,
• Bühler Group,
• Eisenmann SE,
• Andritz AG,
• Cefla Finishing Group S.p.A.,
• Dürr AG,
• Valco Melton Inc.,
• Colordyne Technologies LLC,
• Komax Holding AG,
• X-Rite Incorporated,
• KraussMaffei Group GmbH,
• Körber AG,
• Marel hf.,
• LVD Company nv,
• Atlas Copco AB,
• Metso Outotec Corporation,
• Reiter Group GmbH,
• FANUC Corporation,
• Fette Compacting GmbH,
• Müller Martini Holding AG,
• Rittal GmbH & Co. KG,
• Bystronic Laser AG,
• Krones AG,
• Marabu GmbH & Co. KG,
• The Bradbury Co. Inc.
What Are The Key Trends In The Finishing Lines Market?
• Material innovation and adaptability
• Safety and compliance focus
• Digitalization and data-driven solutions
• Automation and Robotics
• Advanced coating technologies
What Are The Segments Of The Global Finishing Lines Market?
1) By Component: Pre-Treatment Plants, Ovens, Paint Booths, Conveyor Systems, Control Systems, Other Components
2) By Application: Automotive Parts, Engine And Motors, Electronics And Control Panels, Furniture, Machinery, Household Appliances, Other Applications
Which Region Leads The Finishing Lines Market?
Asia-Pacific was the largest region in the finishing lines market in 2024, followed by Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The region's dominance can be attributed to large-scale industrialization and the growing automotive sector.
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What Is Covered In The Finishing Lines Market Global Market Report?
- Market Size Analysis: Analyze the Finishing Lines Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Finishing Lines Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Finishing Lines Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Finishing Lines Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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