![\"powder](\"http:\/\/www.persistencemarketresearch.com\/images\/powder-coating-equipment-market.jpg\" "\\"Powder")
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Regional analysis concludes that Asia Pacific will remain a fertile market for powder coating equipment throughout the assessed period; it will possibly remain the largest as well as fastest growing regional market through 2024.<\/em><\/strong>A fundamental shift from liquid spray to powder coating is predicted to boost gradual sales of powder coating equipment during the period of forecast.<\/strong><\/p>\n <\/p>\n Persistence Market Research analyzes the globalpowder coating equipment marketover an eight-year period, 2016-2024. According to a recent report outlook titled “Powder Coating Equipment Market: Global Industry Analysis and Forecast, 2016 – 2024<\/em>,” the US$ 2,127.7 Mn market for powder coating equipment is likely to expand moderately over the forecast period, reaching a value of US$ 3,275.2 Mn by 2024 end.<\/p>\n To remain ‘ahead’ of your competitors, request for a sample >>>https:\/\/www.persistencemarketresearch.com\/samples\/8110<\/a><\/strong><\/p>\n <\/p>\n Key Driver Insights<\/strong><\/p>\n <\/p>\n <\/p>\n <\/p>\n Key Component Insights<\/strong><\/p>\n <\/p>\n By component, booths and system segment will remain dominant, accounting for over 38% share of the total revenues in 2024, followed by gun and oven segments. Booths and system segment will reportedly witness a relatively higher CAGR over 2016-2024. Within this segment, automatic sub-segment is likely to remain dominant but manual sub-segment will witness higher growth through 2024.<\/p>\n Key Application Insights<\/strong><\/p>\n <\/p>\n Based on application, general metal will continue to lead in terms of consumption, capturing a revenue share of more than 33% in 2024, witnessing a gain by 460 BPS over the forecast period. Automotive will continue to represent the second largest segment with over 15% market value share in 2024. Others, appliances, and agriculture and construction will be the next key application segments; however, the fastest growth will be seen in the general metal segment.<\/p>\n Key Region Insights<\/strong><\/p>\n <\/p>\n On the basis of regional analysis, with a gain of over 250 BPS during the assessment period, APAC will retain the top regional market position. This region will account for nearly 38% share of the total revenues in 2024. China, India, and ASEAN countries will remain the prominent markets within APAC. North America will also be a key market, followed by Europe.<\/p>\n Key Vendor Insights<\/strong><\/p>\n <\/p>\n Among the leading companies profiled in Persistence Market Research’s global powder coating equipment market report, tier 1 companies will continue to capture around half of the market revenue share.<\/p>\n For in-depth competitive analysis, buy now >>>https:\/\/www.persistencemarketresearch.com\/checkout\/8110<\/a><\/strong><\/p>\n Companies covered in Powder Coating Equipment Market Report<\/p>\n About Us:<\/strong> Contact Us<\/strong> <\/p>\n Tags: COVID-19 Effect On Industry<\/a>, Powder Coating Equipment Demand<\/a>, Powder Coating Equipment Market<\/a>, Powder Coating Equipment Market Growth<\/a>, Powder Coating Equipment Market Share<\/a>, Powder Coating Equipment Market Size<\/a>, Powder Coating Equipment Market Table of content<\/a>, Powder Coating Equipment Market Trends<\/a>, Powder Coating Equipment Sales<\/a>, Powder Coating Equipment Suppliers<\/a><\/p>\n Tags:<\/b> Contact Us Regional analysis concludes that Asia Pacific will remain a fertile market for powder coating equipment throughout the assessed period; it will possibly remain the largest as well as fastest growing regional market through 2024. A fundamental shift from liquid spray to powder coating is predicted to boost gradual sales of powder coating equipment during the … Continue reading Global Powder Coating Equipment Market to Record Significant Revenue growth During the COVID-19 Lockdown Period<\/span><\/a> Continue Reading \n
\nKey Trend & Opportunity Insights<\/strong><\/p>\n\n
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\nU.S. Sales Office
\n305 Broadway, 7th Floor
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– Canada Toll-Free: 800-961-0353
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