Global Industrial Coating Equipment Market 2019-2023

Below are some of the key findings from this industrial coating equipment market analysis report

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Global industrial coating equipment industry overview

The high demand for industrial powder coating equipment has led to the expansion of the global industrial coating equipment market. The industrial powder coating is more environment- friendly and has high durability, owing to its high resistance to abrasion and corrosion. Moreover, industrial powder coating is also used as a base and finishing coat on automobiles, owing to its ability to reflect the UV radiation and high operating life. The numerous advantages offered by industrial powder coating has increased the demand for it as well as its equipment, in turn, driving the expansion of the market.

Also, the rising adoption of automated coating systems is positively impacting the market. Several end-users are adopting automated industrial coating equipment, owing to the rising awareness of its benefits and declining cost of the automation solutions. The high demand for industrial powder coating equipment coupled with the rising adoption of automated coating systems is driving the industrial coating equipment market growth at a CAGR of more than 4% during the forecast period.

Top industrial coating equipment companies covered in this report

The global industrial coating equipment market is highly fragmented. The market is in the late stage of growth phase and the competition is expected to become more intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market's competitive landscape and offers information on the products offered by various leading companies. Additionally, this industrial coating equipment market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading industrial coating equipment companies including:

• Graco 
• IHI Corporation (IHI Ionbond)
• Nihon Parkerizing
• Nordson Corporation
• Oerlikon Group
• Praxair Technology

 Industrial coating equipment market segmentation based on end-users

• Discrete industry
• Process industry

The discrete industry was the largest end-user of the global industrial coating equipment market in 2018. The market share of this segment will continue to dominate the market throughout the next five years.

Industrial coating equipment market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest industrial coating equipment market share in 2018. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global industrial coating equipment market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the industrial coating equipment market during the next five years
• Precise estimation of the global industrial coating equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial coating equipment industry across the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of industrial coating equipment companies

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