Coating Equipment Market Trend Feature Innovation Technology Report 2017-2024
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The Global Coating Equipment Market accounted for USD 14.70 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Coating Equipment Market
Coating equipment is used for the precision application and curing of powder coatings, liquid paint, adhesives and sealants, and container coatings. The latest trend in this market is rapid industrialization across the Asia-Pacific region and growing construction sector.
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There is a growing demand for coating equipment in applications such as automotive & transportation, aerospace, industrial, and building & construction which is expected to drive market over the forecasted years.
Major Market Drivers:
- Growing construction sector due to increasing population and urbanization
- Rapid industrialization across Asia Pacific
- High cost of coating equipment
- Fluctuating raw material prices
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Global coating equipment market is segmented on the basis of
The coating equipment market is segmented on the basis of type into liquid coating equipment, powder coating equipment, and specialty coating equipment.
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On the basis of application, the market is segmented into automotive & transportation, aerospace, industrial, building & construction and others.
On the basis of geography, the coating equipment market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, Asia-Pacific is expected to dominate the market.
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Top Key Players are:
Some of the major players in coating equipment market include Buhler AG, PVD Products, Inc., BCI Blösch Group, Applied Materials, Inc., IHI Corporation, Singulus Technologies AG, Kolzer SRL, Scientific Vacuum Systems Ltd. (SVS), T-M Vacuum Products, Inc., ULVAC, Inc., CVD Equipment Corporation, AJA International, Semicore, OC Oerlikon, Miba Coating Group and many more.
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