Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Coating Equipment Market by Aafreen
Coating Equipment Market To Accumulate Revenues Worth USD 20 Billion By 2022
Coating Equipment Market To Diversify Owing To Changing Requirements From
End Users
Global Coating Equipment Market
Coating Equipment Market Share, Size, Trends, Analysis, Research, Review, Applications and Business Opportunity Analysis
Report 2019 include historic data, with forecast data to 2022. Coating Equipment Industry report is helpful for future
strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share,
Growth, Trends, key players forecast to 2022.
The coating market has picked up momentum due to rising industrialization around the globe. Reports that evaluate the
industrial and automation equipment industry have been made available by Market Research Future which creates
reports on several industry verticals that review the market growth and prospects. The market is on track to gain USD 20
billion in revenue by 2022 while expanding at a CAGR of roughly 5% in the forecast period.
The escalation in the use of coatings for decorative and functional purposes is expected to accelerate the expansion of the
market. The requirement for precise application and curing of powder coatings, ambient temperature adhesives and
sealants, liquid paint, and food and beverage container production is anticipated to lead to the progress of the coating
equipment in the coming years.
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Segmental Analysis
The segmentation of the coating equipment market is carried out on the basis of type, end-user, and region. By Type, the
coating equipment market is segmented into powder coating equipment, liquid coating equipment, and specialty coating
equipment. Based on end-user, the coating equipment market is segmented into industrial, automotive, aerospace, and
construction. By Region, the coating equipment market is segmented into North America, Europe, Asia Pacific and the
Rest of the World.
Detailed Regional Analysis
The evaluation of the regions in the coating equipment market comprises of regions such as North America, Europe, Asia
Pacific and Rest of the World. The Asia Pacific region is anticipated to lead the coating equipment market globally. In the
Asia Pacific region, China is responsible for the principal market share and is projected to be the fastest growing nation
during the forecast period. The growth in the region is owing to the boost in demand from diverse consumer goods and
industrial products.