South Korea Coating Equipment Market Size & Outlook
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South Korea coating equipment market highlights
- The South Korea coating equipment market generated a revenue of USD 649.0 million in 2022 and is expected to reach USD 960.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 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.
Coating equipment market data book summary
| Market revenue in 2022 | USD 649.0 million |
| Market revenue in 2030 | USD 960.0 million |
| Growth rate | 5% (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, South Korea accounted for 3.8% 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 |
|---|---|---|---|---|
| Redline Industries | View profile | - | Chicago, Illinois, United States, North America | https://www.redlineind.com/ |
| The Eastwood Company | View profile | 101-250 | Pottstown, Pennsylvania, United States, North America | https://www.eastwood.com/ |
| SAMES KREMLIN | View profile | 501-1000 | Meylan, Rhone-Alpes, France, Europe | http://www.sames-kremlin.com |
| J. Wagner | View profile | 251-500 | Markdorf, Baden-Wurttemberg, Germany, Europe | https://www.wagner-group.com/ |
| IHI Corp | View profile | 28486 | 1-1, Toyosu 3-chome, Koto-ku, Tokyo, Japan, 135-8710 | http://www.ihi.co.jp |
| Pittsburgh Spray Equipment | View profile | 1-10 | Pittsburgh, Pennsylvania, United States, North America | https://www.pittsburghsprayequip.com |
| Reliant Finishing Systems | View profile | 11-50 | Somerville, Alabama, United States, North America | https://reliantfinishingsystems.com/ |
| Statfield Equipments | View profile | 51-100 | Pune, Maharashtra, India, Asia | https://statfieldequipments.com |
| Anest Iwata | View profile | 1001-5000 | Yokohama, Kanagawa, Japan, Asia | https://www.anest-iwata.co.jp/ |
| Graco Inc | View profile | 4000 | 88-11th Avenue Northeast, Minneapolis, MN, United States, 55413 | https://www.graco.com |
| Nordson Corp | View profile | 7900 | 28601 Clemens Road, Westlake, OH, United States, 44145 | https://www.nordson.com |
| Carlisle Companies Inc | View profile | 11000 | 16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.carlisle.com |
South Korea 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 63.05% in 2022. Horizon Databook has segmented the South Korea 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.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea 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 South Korea coating equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea coating equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea coating equipment market size, by type, 2018-2030 (US$M)
South Korea Coating Equipment Market Outlook Share, 2022 & 2030 (US$M)
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