Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Coating Equipment Market

Coating Equipment Market 2018
Coating Equipment Market Share, Size, Trends, And Business Opportunity Analysis Report 2018
include historic data, with forecast data to 2022. Coating Equipment Market report is helpful
for future strategy development, and to know about Market Drivers, Restraints, Opportunities,
And Global market size, share, Growth, Trends, key players forecast to 2022
Global Coating Equipment Market Information Report by Type (Liquid Coating Equipment,
Powder Coating Equipment, and Specialty Coating Equipment), by End-user (Automotive,
Aerospace, Industrial, and Construction) and by Region - Global Forecast to 2022
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Coating equipment are heavy machineries that are deployed by different industries to coat
different items such as appliances, automobiles, and bicycles to protect them from abrasion,
corrosion, wear & tear and rust. Coatings increase the lifespan of tools and have different
purpose, decorative, functional or both. The global coating equipment market is projected to
expand at a CAGR of approximately 5% and attain USD 20 Bn over the next couple of years,
reveals a research report by Market Research Future (MRFR). The surge in demand for coating
equipment can be attributed to rising demand for customized coating equipment in end-users
industries, application in various industry verticals including construction, aerospace,
automotive, and industrial. Also, rapid industrialization in building and manufacturing in
developing nations aids in market growth. Growing use of layering in household appliances,
automobiles, and other products coupled with increasing use of heavy machineries in the
manufacturing sector will also augment the market for coating equipment. Developments in
the agriculture sector in terms of machineries also provides growth opportunities for the
market since machineries typically require coatings. The shift in many industries towards the
use of standardized coating equipment due to the availability of capital led by economic
development in emerging countries has augmented the market for coating equipment. Coatings
contain volatile organic compounds and rising environmental concerns relating to coatings have
resulted in reduced use of solvent-based coatings in several countries which is impeding the
market for coating equipment. This has, in turn, escalated the demand for powder coating