Based on application , the coating equipment market can be divided into : Automotive , Medical , Aerospace , Industrial , Building & Construction , Marine , Electrical & Electronics , Others
The medical segment of the coating equipment market is anticipated to expand at a rapid pace in the next decade , due to growing use of these equipment in drug delivery applications . Rising urbanization and industrialization in several regions of the world is likely to boost the demand for coating equipment in these regions in the near future .
Based on material characteristics and method of application , the coating equipment market can be segmented into liquid coating equipment , powder coating equipment , and specialty coating equipment .
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Coating Equipment Market : Region-wise Outlook
Based on geography , the global coating equipment market can be segregated into North America , Asia Pacific , Latin America , Europe , and Middle East & Africa . Asia Pacific is anticipated to be a highly attractive market for coating equipment during the forecast period . Industrial growth and rapid urbanization in countries such as China , India , and Indonesia is likely to boost the demand for coating equipment in these countries in the next decade . The coating equipment markets in mature economies in Western Europe and North America are likely to witness sluggish growth in the next decade . Demand for coating equipment in several developing countries such as Mexico , South Africa , and Russia is likely to remain high in the next few years .
Coating Equipment Market : Key Players Nordson Corporation , Anest Iwata , Graco Inc ., C . Oerlikon , IHI Ionbond AG , SATA GmbH & Co . KG
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