Asia Pacific Coating Equipment Market Size & Outlook
Asia Pacific coating equipment market, 2018-2030 (US$M)
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Asia Pacific coating equipment market highlights
- The Asia Pacific coating equipment market generated a revenue of USD 7,846.7 million in 2022.
- The market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, specialty coating equipment was the largest revenue generating type in 2022.
- Specialty Coating Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 7,846.7 million |
| Market revenue in 2030 | USD 12,516.7 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Specialty coating equipment |
| Fastest growing segment | Specialty Coating Equipment |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder Coating Equipment, Specialty Coating Equipment, Liquid Coating Equipment |
| Key market players worldwide | Nordson Corp, Graco Inc, Anest Iwata, Carlisle Companies Inc, IHI Corp, Statfield Equipments, Pittsburgh Spray Equipment, Reliant Finishing Systems, J. Wagner, SAMES KREMLIN, The Eastwood Company, Redline Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 45.5% of the global coating equipment market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,516.7 million by 2030.
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Coating Equipment Market Scope
Coating Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific coating equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coating equipment market will help companies and investors design strategic landscapes.
Specialty coating equipment was the largest segment with a revenue share of 61.74% in 2022. Horizon Databook has segmented the Asia Pacific coating equipment market based on powder coating equipment, specialty coating equipment, liquid coating equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Growing construction industry in emerging economies of Asia Pacific coupled with increased infrastructure spending in current fiscal budget by Indian and Chinese governments is a key factor responsible for high demand along with driving the market over the forecast period.
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Target buyers of Asia Pacific coating equipment market databook
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Our clientele includes a mix of coating equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific coating equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific coating equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific coating equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Coating Equipment Market Outlook Share, 2022 & 2030 (US$M)
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