Latin America Coating Equipment Market Size & Outlook
Latin America coating equipment market, 2018-2030 (US$M)
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Latin America coating equipment market highlights
- The Latin America coating equipment market generated a revenue of USD 1,457.9 million in 2022.
- The market is expected to grow at a CAGR of 5.5% 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, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,457.9 million |
| Market revenue in 2030 | USD 2,241.8 million |
| Growth rate | 5.5% (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, Latin America region accounted for 8.5% 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 |
|---|
Latin America 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 60.61% in 2022. Horizon Databook has segmented the Latin America 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.
Significant new investment in housing and public works is expected to improve infrastructure growth in Colombia will augment demand over the next eight years. Bogota Urban Renewal project consists of 50 skyscrapers, 500 high rises, and subway system which is expected to provide positive scope for market growth over the forecast period.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America coating equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America coating equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America coating equipment market size, by country, 2018-2030 (US$M)
Latin America Coating Equipment Market Outlook Share, 2022 & 2030 (US$M)
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