The Global Coating Equipment Market is forecast to reach USD 25.25 Billion by 2027, according to a new report by Reports and Data. The size of the Global Coating Equipment market is projected to experience a surge in demand due to increased end-use applications in various industries like aerospace, automotive, manufacturing, transport, and construction. An increase in car sales along with an increasing population, a rapid boom in the infrastructure industry, and increased consumer buying power in emerging economies would improve the market. Heavy machinery used in various sectors utilizes different layering techniques to provide tool protection from corrosion, abrasion, rusting, and wear tear, which would, in turn, increases the lifetime of these tools. Growing industrialization in developing nations' construction and manufacturing industries would improve the demand. Increasing layering use in household appliances, vehicles, and bicycles would ensure more product development.

Robust demand growth due to increased government spending, rapid population growth, and ongoing progress on infrastructure projects in Middle Eastern economies is likely to increase commodity usage in the residential sector. Africa 's residential industry is projected to see growth due to increased foreign direct investment and increased consumer purchasing willingness.

Continuous advances in coating processes and equipment drive the demand in various applications. The manufacturers are actively undertaking RD and are designing advanced equipment to meet the needs of customers. New technical innovations enables to accomplish faster coating methods and long-lasting adhesives.

Nevertheless, the emergence of low-cost alternatives like brushes rollers is estimated to restrict the expansion of the demand. The use of high-end Global Coating Equipment might not be an economically viable choice for applications requiring less rigid requirements and small volumes.

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Key companies profiled in the report are:

Castolin Eutectic, Praxair S. T. Technology, Inc., J Wagner GmbH, Asahi Sunac Corporation, Anest Iwata, Graco Inc, C Oerlikon Corporation AG, Sata GmbH Co.Kg, Sulzer Ltd, and Nordson Corporation, among others.

Further key findings from the report suggest

Specialty coating systems are used for the application of specialty coatings. These include PVD and CVD devices and, among others, thermal sprays. The need for this equipment is growing in the developing countries of APAC and the Middle East Africa due to the growing demand for long-lasting protective layers in several products.

In the following years, aerospace is expected to record the fastest growth. The steady growth of the aerospace industry and the production of new aerospace coatings are factors that fuel the growth of this segment 's demand for coating machines.

APAC is expected to be the fastest-growing market for coating appliances. The market is driven by high population growth, industrial development, increased demand for automobiles, and rising demand for coatings with better performance in the region. The region's market is seeing tremendous growth owing to the emergence of growing economies like India, China, and ASEAN countries like Thailand and Indonesia.

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The report also provides an insight about the manufacturing cost including upstream raw materials, overall production process, and industry chain analysis. The global Global Coating Equipment market research report provides a brief overview inclusive of competitive landscape and key developments, policies, manufacturing costs, and processes. It also covers analysis of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, corporate deals and partnerships, among others.

The chemicals and materials industry has witnessed significant revenue growth over the recent past owing to increasing demand for chemicals, raw materials, consumer products such as perfumes, soaps, and detergents, and plastics from various end-use industries. Chemicals and materials are widely used in various consumer goods and different sectors such as agriculture, construction, and petroleum refining, among others. Polymers occupy the largest revenue share of the global chemicals industry owing to increasing demand from packaging industry, construction markers, and home furnishing, among others. Increasing availability of raw materials at affordable costs, lower labor and energy costs, and rapid economic growth in developing regions is a key factors boosting revenue growth of the chemicals and materials industry and the trend is expected to continue going ahead.

The report further offers an in-depth analysis of key regions in the market along with the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue and gross margins. It also studies the presence of key players in each region along with macro- and micro-economic growth factors, regulatory framework, and investment and funding opportunities in each major region.

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Global Coating Equipment Market Segmentation by Type:

Specialty Global Coating Equipment

Powder Global Coating Equipment

Liquid Global Coating Equipment

Global Coating Equipment Market Segmentation by Application:

 Automotive

Aerospace

Construction

Industrial

Others

Major Regions Studied in the Report Include:

North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

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