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Key Trends Reshaping the Spray Gun Market: Innovative Products In The Spray Gun Market Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Spray Gun Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the spray gun market has experienced robust growth. The market, currently valued at $1.51 billion in 2024, is projected to increase to $1.59 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. The former growth can be linked to the proliferation of different industries, the development of the automotive sector, the rising use of powder coating, the imposition of stricter environmental rules, and the surge in construction and real estate sectors.
How Will the Spray Gun Market Size Evolve and Grow by 2029?
The market for spray guns is predicted to experience robust expansion in the upcoming years, with its value escalating to $2.02 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 6.1%. This projected growth for the forecast period can be linked to the increasing necessity for accurate painting and coating, swift urban growth and infrastructure progress, and the widespread use of spray guns across diverse industrial sectors. Notable trends for the forecast period encompass the rise in automation, the adoption of environmentally friendly solutions, improved ergonomics, integration of digital technology, and versatility in material use.
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What Drivers Are Propelling the Growth of Spray Gun Market Forward?
The spray gun market is expected to grow due to a surge in construction activities. This term encompasses the stages of planning, designing, constructing, and maintaining infrastructure such as buildings, roads, bridges, and dams. The escalation in these activities is attributable to the rising need for urbanization and infrastructure development in order to accommodate growing populations and facilitate economic growth. Spray guns play a crucial role in construction by facilitating the efficient use of paint, coatings, and sealants, ensuring proper coverage and exact finishing, which, in turn, improves the durability and appearance of structures. To illustrate, the Office for National Statistics, a government agency in the UK, reported in November 2023, that the value of new construction work in Great Britain increased by 15.8% to a historically high value of roughly $165.5 billion in 2022, propelled by increases in work in the private ($17.5 billion) and public sectors ($5.1 billion). Furthermore, new construction orders rose 11.4% to roughly $100.2 billion due to growth in private infrastructure, private commercial projects, and other non-housing public sectors, with a decline seen only in the private industrial sector. Hence, the upswing in construction activities is a driving force for the growth of the spray gun market.
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What Trends Will Shape the Spray Gun Market Through 2029 and Beyond?
Leading corporations in the spray gun market are redirecting their attention to the development of innovative products, such as light spray guns, in a bid to maintain their market standing. These lightweight spray tools, designed for handheld operation, are widely utilized across various sectors for the application of thin layers of coatings like paint, stain, or varnish with utmost precision and control. For example, a painting equipment manufacturer based in Japan, ANEST IWATA Corp, in August 2022, introduced two spray gun kits in Blue and Red Editions, each fitted with the unique North American W-400-LV-WBX spray gun. The Blue Edition comprises the WBX spray gun, nozzle needles of 1.2-mm, 1.3-mm, and 1.5-mm, a gravity paint cup, an air regulator, spray gun lubricant, a brush, and a wrench. On the other hand, the Red Edition kit comes with the WBX spray gun, nozzle needle sizes of 1.3-mm, 1.5-mm, and 1.8-mm, a gravity paint cup, an air regulator, spray gun lubricant, a brush, and a wrench. The Blue Edition kit suits fine to medium viscosity materials, such as sealers and basecoats, whereas the Red Edition kit is crafted for diverse, general-purpose spraying spanning a variety of nozzle sizes. With the capacity to work with both fine and heavy coatings with ease, the Red Edition kit is developed for comprehensive project coverage.
What Are the Key Segments in the Spray Gun Market?
The spray gunmarket covered in this report is segmented -
1) By Product Type: High Volume Low Pressure (HVLP), Airless, Pneumatic, Electrostatic, Low Volume Low Pressure (LVLP)
2) By Application: Metal Finishing, Wood Finishing, Plastic Finishing, Other Applications
3) By End-User: Hospital, Pharmaceutical And Biotechnological Industry, Research And Development Centers, Other End Users
Subsegments:
1) By High Volume Low Pressure (HVLP): Gravity Feed HVLP Spray Guns, Suction Feed HVLP Spray Guns, Pressure Feed HVLP Spray Guns
2) By Airless: Airless Paint Spray Guns, Airless Texture Spray Guns
3) By Pneumatic: Pneumatic Air Spray Guns, Pneumatic Pressure Spray Guns
4) By Electrostatic: Manual Electrostatic Spray Guns, Automatic Electrostatic Spray Guns
5) By Low Volume Low Pressure (LVLP): Gravity Feed LVLP Spray Guns, Suction Feed LVLP Spray Guns
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Who Are the Key Players Shaping the Spray Gun Market's Competitive Landscape?
Major companies operating in the spray gun market are The Home Depot Inc., 3M Company, PPG Industries Inc., Nordson Corporation, Graco Inc., EXEL Industries, Anest Iwata Corporation, Kremlin Rexson, SATA GmbH & Co. KG, Campbell Hausfeld, Walther Pilot, Elcometer Limited, Carlisle Fluid Technologies, HomeRight, Titan Tool Inc., Tekna, WAGNER Group GmbH, Astro Pneumatic Tool Company, Fuji Industrial Spray Equipment Ltd., DeVilbiss Automotive Refinishing, SprayMax, Asahi Sunac Corporation, Carlisle Fluid Technologies, Apollo Sprayers International Inc., Auarita, Sharpe Manufacturing Company, Zinsser
What Geographic Markets Are Powering Growth in the Spray Gun Market?
North America was the largest region in the spray gun market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in spray gun report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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