China Coating Equipment Market Size & Outlook, 2022-2030
China coating equipment market, 2018-2030 (US$M)
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China coating equipment market highlights
- The China coating equipment market generated a revenue of USD 3,379.6 million in 2022 and is expected to reach USD 5,547.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.4% 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.
Coating equipment market data book summary
| Market revenue in 2022 | USD 3,379.6 million |
| Market revenue in 2030 | USD 5,547.4 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Specialty coating equipment |
| Fastest growing segment | Specialty Coating Equipment |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 19.6% of the global coating equipment market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China coating equipment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,322.2 million by 2030.
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Coating Equipment Market Scope
Coating Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 60.75% in 2022. Horizon Databook has segmented the China 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.
Rapid growth in automotive industry in China on account of urbanization along with high demand for SUVs and sedans is expected to propel market growth. Abundant availability of raw materials such as polymers and metals in China also acts as a favorable factor to promote new investments in the automobile industry.
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Target buyers of China 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 country-level data and insights on the China coating equipment market , including forecasts for subscribers. This country databook contains high-level insights into China coating equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China coating equipment market size, by type, 2018-2030 (US$M)
China Coating Equipment Market Outlook Share, 2022 & 2030 (US$M)
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