Powder Coatings Equipment Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025
WiseGuyReports.com adds “Global Powder Coatings Equipment Market Professional Survey Report 2019” reports to its database.
Pune, India – December 17, 2019 /MarketersMedia/ —
Powder Coatings Equipment Market:
Executive Summary
Taking about Powder Coating Equipment, this is a piece of specialized equipment or machines which are extensively used to carry out powder coating. The demand for such coating is quite high in various industries. The global market for such equipment is expected to grow at the highest rate in the coming years. As per this market research report, the market is projected to grow at around 6.7 percent Compound Annual Growth Rate. Besides, by the end of 2025, it will cross USD 17 billion.
Powder coating was first introduced during the 1960s, and this, in general, is a dry finishing process. The powder is used on the different types of products, and such coating is widely preferred by companies as it comes with some useful features, such as maximized production, high-quality, better efficiency, better finish, and more. Besides, powder coating can be used as a protective and decorative finish. It has been observed that advancement in technology has increased the performance of Powder Coating Equipment. This, in turn, will drive the market growth during the forecast period.
Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/4632778-global-powder-coatings-equipment-market-professional-survey-report-2019
In this market analysis report, the market experts have predicted that the market is anticipated to grow at a decent CAGR owing to favorable environment rules in various countries. On the other side, rising demand for automotive components and the need for powder coating in construction, furniture, and architecture segment are also forecasted to propel this market towards growth in the coming years. However, it has also predicted that local regulatory policies, strict regulations, high capital investment, etc. are some factors that can slow down market growth.
Market Key player are covered:
Carlisle
Eastwood
Eisenmann
Gema Switzerland GmbH
Hangzhou Color Powder Coating Equipment
Mitsuba Systems
Nordson Corporation
Oven Empire Manufacturing
Parker Ionics
PB Metal Finishing Systems
Pittsburgh Spray Equipment
Powder X Coating Systems
Red Line Industries
Reliant Finishing Systems
Spark Engineering
Statfield Equipment
WAGNER
Market Segmentation Overview
The global Powder Coating Equipment market is segmented on the basis of product type, application, and region. Based on product type, this market is split into Ovens, guns, sieving systems, powder coating booths and systems, and others. Furthermore, the gun segment is divided into Tribo and corona gun. On the other side, the oven segment is split into electric and full fired ovens. The gun segment is projected to witness maximum market share in terms of revenue. Now, on the basis of application, the market is divided into furniture, general metal, automotive, appliance, agriculture & construction, architectural, and more. Among these, the general metal segment is expected to dominate this segment.
Regional Segmentation Overview
The Powder Coating Equipment market across the globe, based on region, is segmented into the Middle East & Africa, Europe (both Western Europe and Eastern Europe), Asia Pacific, Latin America, and North America. Apart from this, the market is also segmented on the basis of the country. It is divided into the United States, Italy, Brazil, France, Mexico, India, China, Canada, Hong Kong, the United Kingdom, North and South Africa, Southeast Asia, Turkey, GCC Countries, and others. In 2018, Asia-Pacific’s regional market covered the largest market share and is forecasted to dominate the market during the forecast period. However, North America may emerge as the fastest-growing market.
Industry Updates
In November 2019, Nordson, a leading industrial coating solution and equipment supplier, launched its new Nordson Encore Engage powder coating system and controller. This is designed and developed by Nordson ICS- Industrial Coating Systems. As per the company’s statement, this is a next-generation coating controller technology which will offer better result, control and boost productivity.
Continuous…
For further information on this report, visit – https://www.wiseguyreports.com/reports/4632778-global-powder-coatings-equipment-market-professional-survey-report-2019
Contact Info:
Name: Norah Trent
Email: Send Email
Organization: Wiseguyreports
Address: Office No. 528/524, Amanora Chambers, Magarpatta Road, Hadapsar Pune, Maharashtra 411028
Phone: +1 (339) 368 6938 (US) +44 208 133 9349 (UK)
Website: https://www.wiseguyreports.com/reports/4632778-global-powder-coatings-equipment-market-professional-survey-report-2019
Source: MarketersMedia
Release ID: 88939774
Copyright © 1999-2013 SproutNews.com
