Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Coating Equipment Market Research Report -
Coating Equipment Market 2018
Coating Equipment Market Share, Size, Trends, And Business Opportunity Analysis Report 2018
include historic data, with forecast data to 2022. Coating Equipment Market 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
Global Coating Equipment Market Information Report by Type (Liquid Coating Equipment,
Powder Coating Equipment, and Specialty Coating Equipment), by End-user (Automotive,
Aerospace, Industrial, and Construction) and by Region - Global Forecast to 2022
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Market Highlights
A coating is also known as substrate which is applied to the surface of any object. Coating has
different purpose, it may be used for decorative, functional or for both. The equipment which is
used for covering the surface of an object is known as coating equipment. The major drivers of
coating equipment are increasing demand by industries such automotive & transportation,
aerospace, building & infrastructure. The other growth drivers are growing demand for new
vehicles and aircraft, increase in industrialization and increase in the acceptance of coating
equipment.
Asia-Pacific region has been accounted for the highest CAGR for the forecast year due to huge
demand for coating equipment. Various manufacturing facilities, distribution centers, research
& development are been setup by the global companies to make presence in Asia-Pacific
region. Asia-Pacific region is expected to grow at highest CAGR during the forecast period
because of the growing demand for various industrial products and consumer goods. The global
coating equipment market is expected to grow at a CAGR of approximately 5%.
Market Scenario
A coating is also known as substrate which is applied to the surface of any object. Coating has
different purpose, it may be used for decorative, functional or for both. The equipment which is
used for covering the surface of an object is known as coating equipment. Coating can be all-
over coating, full covered surface or a part of substrate. The coating equipment includes
resourcing of raw material, manufacturing and supply of coating equipment. The market is
expected to cross USD 20 billion by 2022, at a CAGR of approximately 5% for the forecasted
period.