The Business Research Company’s report on the Liquid Powder And Specialty Coating Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the liquid powder and specialty coating equipment market in recent years?
The growing automotive industry is expected to propel the growth of the liquid powder and specialty coating equipment market going forward. The automotive industry refers to the sector involved in the design, development, production, marketing, and sale of motor vehicles, including passenger cars, trucks, and commercial vehicles, along with related components and services. The automotive industry is rising due to factors such as expanding production capacities, government incentives, and increasing investments in electric and autonomous vehicles. The expanding automotive industry boosts demand for liquid, powder, and specialty coating equipment, essential for enhancing vehicle durability, aesthetics, and corrosion resistance. Advanced coatings also improve performance and efficiency, especially in electric and autonomous vehicles. For instance, in January 2025, according to Statistics Canada, a Canada-based government agency, the total number of road motor vehicles registered in Canada in 2022 was 26.3 million, a 0.3% increase from 2021. Therefore, the growing automotive industry is driving the growth of the liquid powder and specialty coating equipment market.
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What is the projected market size of the liquid powder and specialty coating equipment industry, and how is it expected to grow?
The liquid powder and specialty coating equipment market size has grown strongly in recent years. It will grow from $2.76 billion in 2024 to $2.91 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to an increasing focus on energy efficiency, increasing demand for lightweight and corrosion-resistant coatings, a rise in the automotive and aerospace industries, increasing adoption of liquid powder, and rising demand for protective and decorative coatings.
The liquid powder and specialty coating equipment market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to the rise in industrial automation, increasing demand for high-performance coatings, rise in demand for corrosion-resistant coatings, growth in the construction sector, and increasing adoption of nanotechnology. Major trends in the forecast period include nanotechnology, waterborne coatings, smart coating equipment, robotic coating systems, and automation integration.
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Who are the key players driving competition in the liquid powder and specialty coating equipment market?
Major companies operating in the liquid powder and specialty coating equipment market are Nordson Corporation, Graco Inc., Carlisle Fluid Technologies, Anest Iwata, Spraying Systems Co., SparyTek, SATA GmbH Co. KG, Gema Switzerland GmbH, Hentzen Coatings, ECE Canada Ltd., Titan Tool Inc., Crest Coating Inc., Sames, Mitsuba Systems, KCI Coating System, Kremlin Rexson, Groupe EXEL Industries, Linde AMT, Cardinal Paint, Qingdao Jobon Science & Tech Development Co. Ltd., Nirmal Tech Fab.
What key trends are expected to drive the liquid egg market during the forecast period?
Major companies operating in the liquid powder and specialty coating equipment market are focusing on developing advanced products, such as automatic spray guns, to enhance application efficiency and improve coating quality. Automatic spray guns are sophisticated devices that function autonomously, providing precise control over spray patterns, pressure, and fluid flow. This ensures consistent coverage and minimizes material waste. For instance, in April 2023, Wagner Group, a Germany-based manufacturer of application equipment for powder coating, launched the PEA-X1 and PER-X1 models with a modular design and a variety of accessories to enhance flexibility in powder coating processes. These guns are designed for both single-color and color-change systems, offering improved powder cloud quality, thinner coating thicknesses, and reduced powder consumption. They are compatible with various nozzles and can be easily retrofitted into existing systems, simplifying installation and maintenance to reduce service costs.
Which key geographies are driving the growth of the liquid powder and specialty coating equipment market?
North America was the largest region in the liquid powder and specialty coating equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid powder and specialty coating equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the liquid powder and specialty coating equipment market?
The liquid powder and specialty coating equipment market covered in this report is segmented –
1) By Product: Liquid Coating Equipment, Powder Coating Equipment, Specialty Coating Equipment
2) By Technology: Electrostatic Coating, Electrophoretic Coating, Thermal Spray Coating, Plasma Spray Coating, Vacuum Coating
3) By Automation Level: Manual, Semi-Automatic, Automatic, Fully Automated
4) By Application: Automotive, Industrial, Aerospace, Electronics, Medical
5) By End-User: Manufacturers, Job Shops, Original Equipment Manufacturers (OEMs)
Subsegments:
1) By Liquid Coating Equipment: Spray Guns, Electrostatic Liquid Coaters, High-Pressure Airless Coating Systems
2) By Powder Coating Equipment: Powder Spray Guns, Fluidized Bed Coaters, Electrostatic Powder Coating Systems
3) By Specialty Coating Equipment: Thermal Spray Coaters, Vacuum Coating Systems, Dip Coating Machines
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How is the liquid powder and specialty coating equipment market defined, and what are its core characteristics?
Liquid powder and specialty coating equipment refers to machinery designed for applying various types of coatings to surfaces across a wide range of industries. These coatings are often used for enhancing durability, aesthetic appeal, or protection against corrosion, and the equipment can be tailored to handle specific materials, processes, and production volumes, making it critical for industries.
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