Press release
Powder Coating Equipment Market Size to Surpass USD 4.33 Billion by 2030
Powder Coating Equipment Market 2023-2030
The global powder coating equipment market is projected to grow from USD 2.93 Billion in 2022 to USD 4.33 Billion by 2030, at a CAGR of 5.0% for the same period. The growth of the powder coating equipment market is being driven by a number of factors, including the increasing demand for powder coatings, the growing popularity of powder coating in various industries, and the rising focus on sustainability.
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Powder coating equipment plays a crucial role in the surface finishing industry by providing an efficient and environmentally friendly method of applying a durable and attractive coating to various products. This research report provides a comprehensive analysis of the powder coating equipment market, including market trends, growth factors, challenges, and future prospects.
Market Trends
The following are some of the key trends in the powder coating equipment market:
• Increasing demand for powder coatings
• Growing popularity of powder coating in various industries
• Rising focus on sustainability
• Development of new powder coating technologies
Market Key Players
• Nordson Corporation.
• Gema Switzerland GmbH
• Sames Technolgies
• J. Wagner GmbH
• Parker Ionics
• MS Oberflächentechnik AG
• Asahi Sunac Corporation
• Koryo Coating Machine Industrial Co. Ltd.
• Mitsuba Systems (India) Pvt. Ltd.
• Hangzhou Color Powder Coating Equipment Co., Ltd
• Others
Recent Developments
• Nordson acquired Gema in 2023. This acquisition will strengthen Nordson's position in the global powder coating equipment market.
• SAMES KREMLIN launched a new line of powder coating ovens in 2022. These ovens are designed to improve the efficiency and productivity of powder coating applications.
• J. Wagner developed a new type of powder coating gun that is more user-friendly and efficient.
• Parker Ionics introduced a new powder coating coating technology that is more environmentally friendly.
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Market Segmentation
The powder coating equipment market can be segmented based on equipment type, coating method, end-use industry, and geography.
Equipment Type
• Powder Coating Booths
• Powder Coating Guns
• Powder Coating Ovens
• Powder Coating Systems
Coating Method
• Electrostatic Spray Coating
• Fluidized Bed Coating
• Electrostatic Fluidized Bed Coating
• Others
End-Use Industry
• Automotive
• Furniture
• Appliances
• Architecture
• General Industrial
• Others
Geography
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Here are some additional developments that have taken place in the powder coating equipment market in recent years:
• The increasing demand for powder coatings has led to the development of new powder coating technologies, such as electrostatic powder coating and fluidized bed powder coating.
• The growing popularity of powder coating in various industries has led to the development of new powder coating equipment, such as powder coating robots and powder coating conveyors.
• The rising focus on sustainability has led to the development of more environmentally friendly powder coating equipment, such as powder coating ovens that use less energy and powder coating guns that emit less VOCs.
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