Press release
Coating Equipment Market Detailed In New Research Report 2024 | Nordson Corporation, Gema Switzerland GmbH, J.
Global Coating Equipment Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Coating Equipment Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.The global coating equipment market size was estimated at USD 16.63 billion in 2024 and is expected to expand at a compounded annual growth rate (CAGR) of 5.4% from 2025 to 2032.
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Coating Equipment Market Dynamics
Growth Drivers:
The demand for automation in coating applications is rapidly rising as manufacturers seek to improve productivity, quality, and consistency in their operations. Automated coating equipment significantly reduces the need for manual intervention, leading to greater accuracy, less material wastage, and faster production rates. This adoption is particularly prominent in sectors such as automotive, electronics, and aerospace, where precision is essential. For instance, automated systems by companies like Nordson and Durr facilitate precise control over coating thickness and coverage, resulting in consistent product quality and reduced defects. Additionally, automation minimizes labor costs and can handle complex coating requirements that would be challenging to achieve manually. As industries continue to modernize production facilities, the demand for advanced automated coating equipment is expected to further strengthen.
Restraints:
Despite the numerous advantages of advanced coating equipment, the high initial costs associated with purchasing and setting up this machinery remain a significant restraint. Sophisticated coating equipment, especially those with automation capabilities, require substantial capital investment, which can be prohibitive for small and medium-sized enterprises (SMEs). Additionally, these systems often involve complex technologies that demand regular maintenance and occasional updates, further adding to the operational costs. For instance, automated electrostatic coating systems may require specialized technicians for servicing and calibration, which can lead to increased expenses over time. This high cost factor can discourage potential adopters, particularly those with limited budgets, and may slow down the widespread adoption of advanced coating equipment across various industries.
Major Players in Coating Equipment Markets are:
Nordson Corporation, Gema Switzerland GmbH, J. Wagner GmbH, ANEST IWATA Corporation, Carlise Companies Inc, IHI Ionbond AG, Statfield, SAMES KREMLIN, The Eastwood Company, Graco Inc, RED LINE INDUSTRIES LIMITED, Pittsburgh Spray, Reliant Finishing Systems, ANEST IWATA USA, Inc., IHI HAUZE B.V.
Industry News:
July 2023: Austria-based Miba AG invested USD 17.6 million in opening a new manufacturing facility in South-Eastern Styria. The expansion aimed to double the production area from 3,000 square meters to 6,300 square meters. The facility was built to improve the production of coating systems and related equipment.
May 2023: Sames Kremlin launched a new electrostatic spray gun named Nanogun Airmix Xcite for automotive and wood coating applications. It was designed to deliver excellent performance during operation and was available in 3 pressure ranges: 120, 200, and 400 bar.
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Global Coating Equipment Market Segmentation:
By Product:
Specialty Coating Equipment
Powder Coating Equipment
Liquid Coating Equipment
By Application:
Automotive
Aerospace
Construction
Industrial
Others
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The following areas and countries are covered in the worldwide Coating Equipment Market file:
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
In 2023, the Asia Pacific region held the largest share of the coating equipment market globally. This regional dominance can be mainly attributed to the rapidly flourishing marine and aerospace industries in the region. Moreover, the Asia Pacific coating equipment market is anticipated to be the fastest growing region over the forecast time period, owing to the developing automotive industry across the region. China, Japan, and India are likely to be the rapidly growing countries in the region's coating equipment market in the future.
Detailed industry forecast-Brief Introduction to the research report:
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