Powder coating equipments are preferred by companies due to its various features like maximized production, durable finish, improved efficiency, and high quality. Powder coating equipments are used for decorative as well as protective finish to products. Rise in technological advancements will drive the market growth.
Rise in demand for automotive components is the key driving factor which is expected to boost the global powder coating equipment market growth. Furthermore, increase in demand for powder coating equipments from the architecture, furniture, and construction will have the positive impact on market growth. Moreover, increase in population and rising urbanization is expected to propel the market growth in near future. Also, increase in demand for powder coatings as an alternative to liquid paints has surged the development of extensive range of resin systems and coating equipments will fuel the market growth.
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However, high capital investment, and material prices are restraining factors which are expected to hamper the global powder coating equipment market growth. Also, stringent regulations and environmental policies will affect the market growth.
Global Powder Coating Equipment Market is segmented into type such as Ovens, Powder Coat Guns, and Others. Further, market is segmented into application such as Architecture, Automotive, Consumer Goods, and Others.
Also, Global Powder Coating Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as
- Nordson Corporation
- Sulzer Ltd.
- Graco Inc
- Sata GmbH & Co. Kg
- Gema Switzerland GmbH
- Sames Technologies
- MS Oberflächentechnik AG
- Parker Ionics
- Asahi Sunac Corporation
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