Global Powder Coatings Equipment Market Overview:
The Powder coating is a coating that is applied to the job in the powder form, it requires powder coating equipment. Currently, the powder coating is very wide applications in the sheet material components for the purpose of better looking as well as protection. These components are steel cabinet of Computers, Panel Boards of sophisticated equipment, VCR, VCP, metal components in Telecom Industries, steel furniture, domestic appliances, auto parts, architectural section, hardware, and machine parts. This anticipated the growth of the powder coatings equipment market in the forecast period.
Growth Drivers
- Growing Automobile Industry and Increasing Demand for Passenger Vehicles Worldwide
- Increasing Population and Rising Income Levels of People in Emerging Economies
Roadblocks
- Initial High Investment in the Powder Coating Equipment
Opportunities
- Technological Advancement in Powder Coating and Rising in Spending Power of Consumer
Competitive Landscape:
Some of the key players profiled in the report are Nordson Corporation (United States), J. Wagner GmbH (Germany), Parker Ionics (United States), Gema Switzerland GmbH (Switzerland), Sames Technologies (France), MS Oberflächentechnik AG (Switzerland), Asahi Sunac Corporation (Japan), Koryo Coating Machine Industrial Co. Ltd. (Korea), Eastwood Company (United States) and Hangzhou Color Powder Coating Equipment Co., Ltd (China). The Manufacturers having a strong hold in the market are Nordson Corporation, J. Wagner GmbH, Parker Ionics, and Gema Switzerland GmbH. Additionally, following companies can also be profiled that are part of our coverage like Mitsuba Systems (India) Pvt. Ltd. (India) and Statfield Equipments (India). Analyst at AMA Research see Asian Manufacturers to retain maximum share of Global Powder Coatings Equipment market by 2026. Considering Market by Equipment Type, the sub-segment i.e. Ovens & Booths will boost the Powder Coatings Equipment market.
Latest Market Insights:
Recently, Carlisle Companies Incorporated announced that it has acquired MS Oberflächentechnik AG (MS), a Swiss-based developer and manufacturer of powder coating systems and related components.
What Can be Explored with the Powder Coatings Equipment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Powder Coatings Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Powder Coatings Equipment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Powder Coatings Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Powder Coatings Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Powder Coatings Equipment Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.