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Coating Equipment Market: Rapid Demand in Industrialization Across Global and Dominated by Top Competitors like (Buhler AG, PVD Products Inc., BCI Blösch Group, Applied Materials Inc., IHI Corporation) Forecast 2024

Data Bridge Market Research statistical surveying broadcasts the expansion of a spic and span record to its great estimated inventory of market knowledge inquire about The record considers the worldwide Coating Equipment Marketand offers a careful 2018-2024 assess of the commercial center.

Global Coating Equipment Market- Industry Trends and Forecast to 2025” new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it

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Global Coating Equipment Market provides an in-depth analysis of the market in terms of revenue and emerging market trends. Market accounted for USD 14.70 billion in 2018 and is projected to grow at a CAGR of 6.0% during the forecast period of 2018 to 2024. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2024.

Different factors such as expanding episodes of immune system issue, expanding government assistance, enhancing administrative structure, expanding computerization of research centers and rising subsidizing and repayment are persistently adding to the development of the Global Coating Equipment Market

Major Market Competitors:  

  • Buhler AG,
  • PVD Products Inc.,
  • BCI Blösch Group,
  • Applied Materials Inc.,
  • IHI Corporation,
  • Singulus Technologies AG,
  • Kolzer SRL,
  • CVD Equipment Corporation,
  • AJA International,
  • Semicore,
  • OC Oerlikon,
  • Miba Coating Group and many more. 

Market Definition: Global 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. 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. 

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Competitive Landscape: Global Coating Equipment Market 

The global coating equipment market is consolidated with the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Drivers:

  • Growing construction sector due to increasing population and urbanization
  • Rapid industrialization across Asia Pacific

Market Segmentation: Global Coating Equipment Market 

The coating equipment market is segmented on the basis of type into liquid coating equipment, powder coating equipment, and specialty coating equipment. The Liquid Coating Equipment is sub segmented into conventional spray guns, airless spray gun, airless air-assisted gun, electrostatic spray gun, hot spray, roller coating, curtain coating, and dip coating.

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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