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Coating Equipment Global Market Report 2025
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The coating equipment is used for the application of the coating to a substrate. Coating equipment is used to coat machines, tools, instruments, and other items or articles that are intended for specific functions, services, purposes, or activities in order to protect them from corrosion or degradation and to extend their life span with lower maintenance and part replacement costs.

The main types of coating equipment are powder coating equipment, liquid coating equipment, and specialty coating equipment. Powder coating refers to polymer resin systems combined with curatives, pigments, levelling agents, flow modifiers, and other additives. Powder spray guns and powder spray booths are generally used for the application of powder coatings. The different materials include polyester, polyurethane, acrylic, PVC, epoxy, and silicon and are used in various applications such as brushed, dipped, or sprayed surfaces, diffusion, laser processing, plating, thermal spraying, and vapor deposition. It is employed in several sectors, including automotive, medical, aerospace, industrial, building and construction, marine, electrical and electronics, and other end users.

The coating equipment market research report is one of a series of new reports from The Business Research Company that provides coating equipment market statistics, including coating equipment industry global market size, regional shares, competitors with a coating equipment market share, detailed coating equipment market segments, market trends and opportunities, and any further data you may need to thrive in the coating equipment industry. This coating equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The coating equipment market size has grown strongly in recent years. It will grow from $23.51 billion in 2024 to $25.32 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to construction industry growth, increased paints and coatings demand, industrial manufacturing, increased regulatory compliance, and increased environmental concerns.

The coating equipment market size is expected to see strong growth in the next few years. It will grow to $36 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increased semiconductor industry, infrastructure development, automotive industry, rapid urbanization, and emerging market growth. Major trends in the forecast period include industry 4.0 integration, high-performance coatings, powder coating technology, adaptive coating technologies, and introduction of customizable coating solutions.

The anticipated growth in demand for electric vehicles is expected to drive the expansion of the coating equipment market. Electric vehicles, which are powered either entirely or partially by electricity, are gaining popularity due to their minimal operating expenses and environmental friendliness. Coatings play a crucial role in preserving the substrates and components of electric vehicles, protecting them from rust and other damage, and influencing the aesthetics of these vehicles. In July 2023, the International Energy Agency reported exponential growth in the electric car market, with sales exceeding 10 million in 2022. The share of electric cars in total sales tripled in three years, reaching 14% in 2022, and is projected to achieve 14 million electric vehicle sales by the end of 2023. This surge in electric vehicle demand is a key driver for the growth of the coating equipment market.

The growing aerospace industry is also expected to contribute to the expansion of the coating equipment market. In the aerospace sector, coating equipment is utilized to apply protective coatings that enhance the performance, durability, and safety of various flight vehicles. These coatings protect against extreme temperatures and corrosion, improve overall performance and durability, and may include high-performance and customized coatings. According to a report from Airbus SE in February 2023, there were 1,078 gross orders for commercial aircraft in 2022, representing an increase from 771 in 2021. The growing aerospace industry's demand for coating equipment is driven by the need to provide protective and performance-enhancing coatings for aircraft and aerospace equipment.

A notable trend in the coating equipment market involves strategic agreements between coating equipment manufacturers and end-use industry players. Major companies in the coating equipment sector are actively pursuing strategic partnerships to reinforce their market position. For instance, in October 2021, Nordson Michelman, Inc. partnered with CMS Industrial Technologies, LLC to develop coating machinery, including various types of coaters. This collaboration aimed to enhance Michelman's coating equipment offerings, such as slide-angle testers, blade coaters, spray coaters, and rod and press rod coaters. Additionally, Michelman formed a partnership with CMS Industrial Technologies LLC to manufacture coating equipment and provide engineering, replacement parts, and support. Strategic agreements like these are contributing to the growth and innovation within the coating equipment market.

Major players in the coating equipment market are strategically focusing on introducing new lines of coating equipment to secure a competitive advantage. These innovative equipment lines are designed to offer superior protection against abrasion, impact, and chemical exposure, catering to diverse industries, including the medical devices sector. For instance, in April 2022, Biocoat Incorporated, a US-based specialty manufacturer specializing in hydrophilic biomaterial coatings, services, and dip-coating equipment, launched the EMERSE coating equipment line. This line features an in-house dip coating system specifically designed for coating medical devices and facilitating the entire production process. The EMERSE hydrophilic dip coating system is crafted to meet the stringent standards required for coating products in pharmaceuticals, biotechnology, medical devices, and the life sciences sectors.

In August 2021, Odyssey Investment Partners, a US-based private equity investment firm, made a strategic move by acquiring Painters Supply & Equipment Co. for an undisclosed amount. This acquisition is expected to generate recurring revenue for Odyssey while delivering exceptional value to both vendor partners and customers. Painters Supply & Equipment Co., a US-based company, specializes in offering a diverse range of specialty coatings and services. This strategic acquisition positions Odyssey Investment Partners to strengthen its presence in the coating equipment market and leverage the offerings of Painters Supply & Equipment Co. to enhance its portfolio of specialty coatings and related services.

Major companies operating in the coating equipment market include IHI Corporation, AJA INTERNATIONAL, ANEST IWATA Corporation, ASAHI SUNAC CORPORATION, Axalta Coating Systems, Blosch AG, Buhler AG, Carlisle Companies, CVD Equipment Corporation, Exel Industries, Fujimi Corporation, Gema USA Inc., Graco Inc., Guangdong HuiCheng Vacuum Technology Co.Ltd., KOLZER SRL, Miba AG, Nordson Corporation, OC Oerlikon Management AG, Oxford Instruments, Picosun Oy, PVD Products Inc., SATA GmbH & Co. KG, Semicore Equipment Inc., Singulus Technologies AG, T-M VACUUM PRODUCTS INC., ULVAC Inc., Wagner Group, Carlisle Fluid Technologies, Bystronic Lenhardt GmbH, Chemetall India Pvt. Ltd., DeVilbiss Automotive Refinishing, Durr AG, Ecco Sko A/S

Asia-Pacific was the largest region in the coating equipment market in 2024. North America was the second-largest market in the coating equipment market share. The regions covered in the coating equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the coating equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The coating equipment market consists of sales of standard coating pans and fluidized bed coaters. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Coating Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on coating equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Where is the largest and fastest growing market for coating equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The coating equipment market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Scope

Table of Contents

1. Executive Summary

2. Coating Equipment Market Characteristics

3. Coating Equipment Market Trends And Strategies

4. Coating Equipment Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Coating Equipment Growth Analysis And Strategic Analysis Framework

6. Coating Equipment Market Segmentation

7. Coating Equipment Market Regional And Country Analysis

8. Asia-Pacific Coating Equipment Market

9. China Coating Equipment Market

10. India Coating Equipment Market

11. Japan Coating Equipment Market

12. Australia Coating Equipment Market

13. Indonesia Coating Equipment Market

14. South Korea Coating Equipment Market

15. Western Europe Coating Equipment Market

16. UK Coating Equipment Market

17. Germany Coating Equipment Market

18. France Coating Equipment Market

19. Italy Coating Equipment Market

20. Spain Coating Equipment Market

21. Eastern Europe Coating Equipment Market

22. Russia Coating Equipment Market

23. North America Coating Equipment Market

24. USA Coating Equipment Market

25. Canada Coating Equipment Market

26. South America Coating Equipment Market

27. Brazil Coating Equipment Market

28. Middle East Coating Equipment Market

29. Africa Coating Equipment Market

30. Coating Equipment Market Competitive Landscape And Company Profiles

31. Coating Equipment Market Other Major And Innovative Companies

32. Global Coating Equipment Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Coating Equipment Market

34. Recent Developments In The Coating Equipment Market

35. Coating Equipment Market High Potential Countries, Segments and Strategies

36. Appendix

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