Powder Coating Equipment Market

As its name suggests, powder coating equipment is used to apply a powder coating to a substrate. The powder coating is a dry powder sprayed onto the substrate to form a durable finish, cured under heat. Metals, plastics, and even wood can be coated with powder coating equipment.

Typical powder coating equipment consists of an air compressor, a powder feeder, a spray gun, and a curing oven. The air compressor supplies the spray gun with pressurized air, which atomizes the powder into fine droplets. The powder feeder supplies the spray gun with powder, while the curing oven provides the powder coating with the necessary heat to cure. Equipment for powder coating can be utilized for both small and large-scale applications. For instance, it can coat car components or even entire automobiles. Additionally, it can be used to coat industrial components or products.

In 2018, the global powder coating equipment market was valued at USD XX billion and was projected to expand at a compound annual growth rate (CAGR) of XX% between 2018 and 2031. Increasing preference for powder coatings over liquid coatings, rising demand for powder coatings from the automotive industry, and rising environmental concerns are the key growth drivers for the powder coating equipment market.

Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries, Inc., BASF SE, DSM, Valspar, Arkema S.A., Bayer AG, and Asahi Sunac Corporation are the leading companies in the powder coating equipment market.