Powder Coatings Equipment Market Report

Powder Coatings Equipment Market Analysis By Product (Ovens & Booths, Powder Coat Guns), By Application (Consumer Goods, Architectural, Automotive, General Industries, Furniture), By Region, And Segment Forecasts, 2018 - 2024

  • Published Date: Nov, 2016
  • Base Year for Estimate: 2015
  • Report ID: GVR-1-68038-295-2
  • Format: Electronic (PDF)
  • Historical Data: 2013 - 2015
  • Number of Pages: 95

Industry Insights

The global powder coatings equipment market size was USD 1.14 billion in 2015 and is expected to witness growth over the next eight years on account of growing automotive and construction industries in China, India, Mexico, South Korea and Singapore.

Powder coatings equipment will witness significant demand as they offer high transfer efficiency, enhances reliability, ease of use, and provides high efficiency. Increasing usage in various applications including home appliances, automotive, architecture, and furniture will increase industry expansion over the upcoming years.

APAC powder coatings equipment market, by application, 2013 - 2024 (USD Million)

Asia Pacific powder coatings equipment market

Growing demand for passenger cars coupled with increasing number of automotive manufacturing plants in Asia Pacific and Latin America is likely to stimulate the industry development. In addition, rising usage of powder coatings in home appliances such as refrigerators, washing machines, dishwashers, microwave ovens and air conditioners in light of growing population and rising income levels will propel industry growth.

Abundant availability of raw materials such as iron ore, stainless steel, glass, and plastics in the U.S., Australia, India, and China will augment its demand over the next eight years. However, price fluctuation of these raw materials is expected to adversely impact industry growth over the forecast period.

Manufacturers are continuously investing in research for the development of lightweight, compact, flexible, and easy to clean powder coating spray equipment to address issues such as space constraints and flexibility of coating complex shapes. The inception of thermal powder spray equipment is expected to create new opportunities over the forecast period.

Companies are focusing on new product development to increase their presence globally. Nordson developed Encore HD automatic dense-phase powder coating guns that provide consistent performance, excellent transfer efficiency, and high coating deposition rates for efficient powder application, which will fuel the industry growth over the upcoming years.

Application Insights

Consumer goods segment was the largest application segment accounting for 22.1% of the global share. Consumer goods such as refrigerators, microwave, water heaters, dryer drums, vacuum cleaners, dishwashers, and freezer cabinets are expected to grow on account of rising population, rapid urbanization, increasing disposable incomes, developing level of employment and changing lifestyles.

Global powder coatings equipment market share, by application, 2015 (%)

Global powder coatings equipment market

The architectural application will witness significant growth at a CAGR of 7.3% from 2016 to 2024 on account of high usage in aluminum extrusions used in windows, doorframes, building facades, kitchen, bathroom and electrical fixtures.

Product Insights

Ovens & booths are expected to show significant growth at a CAGR of 7% from 2016 to 2024 on account of advantages such as superior curing and minimized blow off. Oven ensures proper baking of the coatings creating a smooth fused layer on surfaces, which in turn will propel growth.

Powder coat guns are used for spraying coatings on metal, ceramic, glass and plastic objects and surfaces. Rising demand for furniture and architectural applications such as windows are expected to fuel the demand for equipment in the near future.

Regional Insights

Asia Pacific dominated the global market and accounted for 38.2% of the share in 2015. This trend is projected to continue on account of the growth of the automotive industry in countries including China, Japan, India and South Korea. Moreover, growing population, developing lifestyles, and rising disposable income will augment industry growth.

The presence of manufacturers including Mitsuba Systems Pvt. Ltd., Statfield Equipment Pvt. Ltd. and Spark Engineering in the region will increase the market size. Furthermore, high investment initiatives for the construction sector in the emerging countries such as China, Japan, India and Indonesia will open up new growth avenues over the forecast period.

North America accounted for USD 235 million in 2015 and is expected to witness steady growth on account of new product launches by GM, Cadillac and Ford Motors along with automobile production growth in the U.S. Capacity addition and plant expansion by automotive companies in the U.S. will augment the demand over the forecast period.

Competitive Insights

The industry is highly fragmented in nature on account of the presence of numerous manufacturers on a global as well as regional level. Nordson Corporation, Carlisle, WAGNER, Hangzhou Color Powder Coating Equipment Co., Ltd. are some of the key industry players.

Report Scope 



Base year for estimation


Actual estimates/Historic data

2013 - 2015

Forecast period

2016 - 2024

Market representation

Revenue in USD Million & CAGR from 2016 to 2024

Regional scope

North America, Europe, Asia Pacific, Latin America & MEA

Country scope

U.S., Germany, China, Brazil

Report coverage             

Revenue, company share, competitive landscape, growth factors, trends

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Segments covered in the report

Grand View Research has segmented the powder coatings equipment market by product, application, and region.

  • Product Outlook (Revenue, USD Million, 2013 - 2024)
    • Ovens & booths

    • Powder coat guns

    • Others

  • Application Outlook (Revenue, USD Million, 2013 - 2024)
    • Consumer goods

    • Architectural

    • Automotive

    • General industries

    • Furniture

    • Others

  • Regional Outlook (Revenue, USD Million, 2013 - 2024)
    • North America

      • U.S.

    • Europe

      • Germany

    • Asia Pacific

      • China

    • Latin America

      • Brazil

    • MEA

Key questions answered by the report
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