Coating Equipment Market Is Expected To Reach USD 20 Billion By 2022

Global Coating Equipment Market Information Report by Type (Liquid Coating Equipment, Powder Coating Equipment, and Specialty Coating Equipment), by End-user (Automotive, Aerospace, Industrial, and Construction) and by Region - Global Forecast to 2022

Market Scenario:
A coating is also known as substrate which is applied to the surface of any object. Coating has different purpose, it may be used for decorative, functional or for both. The equipment which is used for covering the surface of an object is known as coating equipment. Coating can be all-over coating, full covered surface or a part of substrate. The coating equipment includes resourcing of raw material, manufacturing and supply of coating equipment. The market is expected to cross USD 20 billion by 2022, at a CAGR of approximately 5% for the forecasted period.

On the basis of type, powder coating is expected to grow at a highest CAGR for the forecast period because it is the most common type which is applied to the metal surface. On the basis of end-user, industrial sector is expected to lead the coating equipment market by 2022. The demand for the coating equipment in the industrial segment is fueling up due to the increasing use of coating in heavy machinery. Asia-Pacific is expected to account for the largest market share for the forecast period.

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Key Players of Coating Equipment Market:
• Nordson Corporation (U.S.)
• Anest Iwata (Japan)
• Graco Inc. (U.S.)
• O.C. Oerlikon (Switzerland)
• IHI Ionbond AG (Switzerland)
• SATA GmbH & Co. KG. (Germany)

Market Research Analysis:
The market is highly application based. The industrial sector is dominating the coating equipment market by end-user, due to increasing need for the personalized coating equipment in various end-use industries. There is continues R&D carried out so as to develop new and advanced equipment.
There is also seen an increase in demand of the coating equipment from the industries, which is backed by the rapid industrialization, building and infrastructures. Furthermore such coating equipment is used for coating heavy machines.

There are various restraints which hinders the growth of the coating equipment markets such as high cost of coating equipment and fluctuation in the crude oil prices.

Scope of the Report:
This study provides an overview of the global coating equipment market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global coating equipment market by its type, end-user and Region.

By Type
• Liquid Coating Equipment
• Powder Coating Equipment
• Specialty Coating Equipment

By End-Use
• Automotive
• Aerospace
• Industrial
• Construction

By Region
• North America
• Europe
• Asia-Pacific
• ROW

Brief TOC:
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Coating Equipment: By Type
1.3.2 Global Coating Equipment: By End-Userr
1.3.3 Global Coating Equipment: By Region
2 Research Methodology
2.1 Research Type
2.2 Primary Researchpt
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
Continue…

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