Press release
Manual Spray Guns Market to Hit $2.6 Billion by 2032 | Key Growth Drivers & Opportunities
Prime determinants of growthThe demand for manual spray guns, which are mostly used for painting consumer durables, has increased because of this need, particularly in developing nations like India, China, and Vietnam. Additionally, there is a greater need for manual spray guns from car manufacturers due to the rising demand for automobiles around the world, particularly in industrialized nations like Europe and North America.
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Due to their ease of use, airless spray guns are widely used. In addition, it is projected that DIYers would employ paint sprayers to repair and maintain their own possessions as well as buildings and other objects.
According to the report, the global manual spray guns market was valued at $1.8 billion in 2020, and is projected to reach $2.6 billion by 2032, registering a CAGR of 2.8% from 2023 to 2032.
Professional painters and do-it-yourselfers alike utilize paint spray guns to coat a variety of surfaces by spraying paint onto them. Paint sprayers atomize liquid paint using pressure from an external source before spraying it on the desired surface.
Paint spray guns can be used by both professional and non-professional users due to the market's availability of a wide range of sizes, capacities, and operating principles. Due to its beneficial characteristics, such as speedier paint application, blemish-free paint layer, and ability to access difficult-to-reach voids and places, the paint spray gun has seen an increase in popularity.
The paint segment maintained its leadership status throughout the forecast period.
Based on material, the paint segment held the highest market share in 2022, accounting for more than two-thirds of the manual spray guns market revenue and is estimated to maintain its leadership status throughout the forecast period, these paint spray guns are highly versatile and are used to paint any surface in any given conditions. The coating segment is projected to manifest the highest CAGR of 3.4% from 2022 to 2032, owing to increasing concern about environmental rules and regulation, it has driven the demand for eco-friendly coating system solutions.
The pneumatic segment maintained its leadership status throughout the forecast period.
Based on power source, the pneumatic segment held the highest market share in 2022, accounting for nearly two-thirds of the manual spray guns market revenue and estimated to maintain its leadership status throughout the forecast period, pneumatic manual spray guns have various advantageous features that make them ideal choice for various applications. The gas powered segment is projected to manifest the highest CAGR of 3.6% from 2022 to 2032, gas powdered manual gun spray has several advantages of portability, enable users to operate them in outdoor or isolated environments.
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The automotive segment maintains its lead position during the forecast period.
Based on end user industry, automotive segment accounted for the largest share in 2022, contributing to nearly two-fifths of the manual spray guns market revenue, Along with basic features such as engine, transmission, and steering, the sales of cars and other vehicles are also dependent on their looks. The woodworking segment is expected to portray the largest CAGR of 4.9% from 2022 to 2032, Owing to the increase in number of vehicles, developing economies are witnessing exponential growth..
Asia-Pacific to maintain its dominance by 2032.
Based on region, Asia Pacific held the highest market share in terms of revenue in 2022, accounting for more than half of the manual spray guns market revenue, owing to developing nations such as India and China which is pulling the focus towards the new construction projects. However, LAMEA is expected to witness the fastest CAGR of 5.2% from 2022 to 2032, owing to rising construction and infrastructure sectors in developing countries such as India, China, and others.
Top Players:
The key companies profiled in the manual spray guns market analysis report include 3M Company, ANEST IWATA CORPORATION, Graco, Inc., SATA GmbH & Co, Wagner Spray Tech Corporation, Fuso Seiki Co., Ltd., Exel Industries SA, Tritech Industries, Inc., Prowin Tools Company Ltd., and Rongpeng Air Tools Co., Ltd.
Key Benefits for Stakeholders
The report provides an extensive analysis of the current and emerging manual spray guns market growth and dynamics.
In-depth manual spray gun market analysis is conducted by constructing market estimations for key market segments between 2020 and 2032.
Extensive analysis of the manual spray gun market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The manual spray guns market forecast analysis from 2023 to 2032 is included in the report.
The key players within the manual spray guns market opportunity are profiled in this report and their strategies are analyzed thoroughly, which helps us understand the competitive outlook of the manual spray gun industry.
Leading Market Players: -
3M Company
ANEST IWATA CORPORATION
Graco, Inc.
SATA GmbH & Co
Wagner Spray Tech Corporation
Fuso Seiki Co., Ltd.
Exel Industries SA
Tritech Industries, Inc.
Prowin Tools Company Ltd.
Rongpeng Air Tools Co., Ltd.
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