Coating Equipment Market by Type (Liquid Coating Equipment, Powder Coating Equipment, and Specialty Coating Equipment), End User Industry (Automotive & Transportation, Aerospace, Industrial, and Building & Infrastructure) - Global Forecast to 2021

Published by MarketsandMarkets on 8th February 2017 | Ref: 190420 | This Product Is In Stock

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$5650 | Single User
$6650 | Multi User
$8150 | Corporate License
$10000 | Enterprise License

Introduction

“The coating equipment market is projected to grow at a CAGR of 5.8% during the forecast period, 2016 to 2021.”

The coating equipment market is projected to reach USD 19.33 billion by 2021, at a CAGR of 5.8% between 2016 and 2021. Growth of this market can be attributed to increasing requirements of customers for quick delivery of products, reduction in industrial maintenance time, and good finish. Thus, increasing acceptance of coating equipment to cater these requirements of customers is expected to drive the demand for coating equipment during the forecast period.

Increasing need for customized coating equipment in varied end-use industries, such as automotive & transportation, and aerospace, among others is providing growth opportunities for manufacturers of coating equipment. They are continuously carrying out R&D activities to develop new and advanced equipment that can meet varied requirements of customers. New technological advancements taking place in coating equipment not only expedite coating processes, but also ensure long-lasting coatings.

“Among end-use industries, the industrial segment of the coating equipment market is projected to grow at the highest CAGR during the forecast period.”

Demand for coating equipment is expected to increase during the forecast period, owing to rapid industrialization taking place in emerging economies. Increased application of coating materials in various end-use industries is fueling the demand for industrial coatings, thereby leading towards growth of the industrial segment of the coating equipment market. Rising demand for high end coating equipment is another reason for the growth of the coating equipment market in heavy machinery and manufacturing industries.

“Among types, the powder coating equipment segment of the coating equipment market is projected to grow at the highest CAGR during forecast period.”

Growing concerns for environmental conservation are driving the demand for the environment-friendly products. This has led to reduction in the use of coatings containing volatile organic components. Powder coatings are preferred over coatings containing volatile organic components. Growing acceptance of powder coatings in varied end-use industries is boosting the demand for powder coating equipment. Hence, increasing concerns about environment and use of coatings free from volatile organic components are expected to lead towards increasing demand for the powder coating equipment, which, in turn is expected to contribute to the growth of the coating equipment market during the forecast period.

“The Asia-Pacific region is the largest market for coating equipment.”

The Asia-Pacific region is the largest market for coating equipment. The Asia-Pacific coating equipment market is projected to grow at the highest CAGR during the forecast period. The growth of the coating equipment market in the region can be attributed to increased demand for coating equipment from various countries, such as Japan, China, and India. China is the largest market for coating equipment in the Asia-Pacific region, followed by Japan and India. The India coating equipment is projected to grow at the highest CAGR during the forecast period.

Extensive primary interviews have been conducted to determine and verify the market size for several segments and subsegments.

The break-up of primary interviews is given below.

• By Company Type: Tier 1 – 50%, Tier 2 – 37%, and Others – 13%

• By Designation: C level – 46%, Director level – 31%, and Others – 23%

• By Region: North America – 33%, Europe – 28%, Asia-Pacific – 22%, Middle-East & Africa – 11%, and South America – 6%

The companies profiled in this report are Nordson Corporation (U.S.), Anest Iwata (Japan), Graco Inc. (U.S.), O.C. Oerlikon (Switzerland), IHI Ionbond AG (Switzerland), SATA GmbH & Co. KG. (Germany), among others.

Research Coverage:

This research report categorizes the coating equipment market on the basis of type, end-use industry, and region. The report includes detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities influencing the growth of the coating equipment market. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments associated with the market.

Reasons to Buy the Report:

The report will help market leaders/new entrants in this market in the following ways:

1. This report segments the coating equipment market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across different regions.

2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product launches/developments, mergers & agreements.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION 14

1.1 OBJECTIVES OF THE STUDY 14

1.2 MARKET DEFINITION 14

1.3 STUDY SCOPE 14

1.4 CURRENCY 16

1.5 LIMITATIONS 16

1.6 STAKEHOLDERS 16

2 RESEARCH METHODOLOGY 17

2.1 RESEARCH DATA 17

2.2 MARKET SIZE ESTIMATION 21

2.3 DATA TRIANGULATION 23

2.4 RESEARCH ASSUMPTIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 28

4.1 ATTRACTIVE OPPORTUNITIES IN COATING EQUIPMENT MARKET 28

4.2 ASIA-PACIFIC COATING EQUIPMENT MARKET, 2015 28

4.3 CHINA PROJECTED TO LEAD COATING EQUIPMENT MARKET, DURING FORECAST PERIOD 30

4.4 ASIA-PACIFIC PROJECTED TO LEAD COATING EQUIPMENT MARKET, DURING FORECAST PERIOD, (2016-2021) 30

5 MARKET OVERVIEW 31

5.1 INTRODUCTION 32

5.2 MARKET SEGMENTATION 32

5.3 MARKET DYNAMICS 34

6 INDUSTRY TRENDS 38

6.1 INTRODUCTION 38

6.2 VALUE CHAIN ANALYSIS 39

6.3 PORTER’S FIVE FORCE ANALYSIS 40

6.4 MACROECONOMIC OVERVIEW 42

7 COATING EQUIPMENT MARKET, BY TYPE 48

7.1 INTRODUCTION 49

8 COATING EQUIPMENT MARKET, BY END-USE INDUSTRY 58

8.1 INTRODUCTION 59

8.2 AUTOMOTIVE & TRANSPORTATION 60

8.3 AEROSPACE 62

8.4 INDUSTRIAL 63

8.5 BUILDING & CONSTRUCTION 65

8.6 OTHERS 66

9 COATING EQUIPMENT MARKET, BY REGION 67

9.1 INTRODUCTION 68

9.2 NORTH AMERICA 69

9.3 EUROPE 76

9.4 ASIA-PACIFIC 85

9.5 MIDDLE EAST & AFRICA 96

9.6 SOUTH AMERICA 100

10 COMPETITIVE LANDSCAPE 104

10.1 OVERVIEW 104

10.2 NEW PRODUCT LAUNCHES: THE MOST POPULAR GROWTH STRATEGY BETWEEN 2013 AND 2016 106

10.3 MARKET SHARE ANALYSIS 107

10.4 NEW PRODUCT LAUNCHES 108

10.5 EXPANSIONS 110

10.6 AGREEMENTS & PARTNERSHIPS 111

10.7 MERGERS & ACQUISITIONS 112

11 COMPANY PROFILES 113

(Overview, Products and Services, Financials, Strategy & Development)*

11.1 NORDSON CORPORATION 113

11.2 IHI IONBOND AG 116

11.3 IHI HAUZER TECHNO COATING B.V. 118

11.4 SULZER LTD. 120

11.5 OC OERLIKON CORPORATION AG 123

11.6 SATA GMBH & CO. KG 126

11.7 GRACO INC. 128

11.8 ANEST IWATA 130

11.9 ASAHI SUNAC CORPORATION 132

11.10 WAGNER GMBH 133

11.11 OTHER KEY PLAYERS IN THE MARKET 134

*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies

12 APPENDIX 135

12.1 INSIGHTS FROM INDUSTRY EXPERTS 135

12.2 DISCUSSION GUIDE 136

12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 139

12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 141

12.5 AVAILABLE CUSTOMIZATIONS 142

12.6 RELATED REPORTS 143

12.7 AUTHOR DETAILS 144

Additional Details

Publisher

MarketsandMarkets

Publisher Information

Reference

190420 | CH 4994

Number of Pages

146

Report Format

PDF

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06-02-2017

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