What Is The Current and Historic Market Size Analysis Of The Liquid Powder And Specialty Coating Equipment Market?
The liquid powder and specialty coating equipment market has seen considerable growth due to a variety of factors.
• In recent times, there has been a robust growth in the market size of liquid powder and specialty coating equipment. The market, which was valued at $2.76 billion in 2024, is projected to escalate to $2.91 billion in 2025, registering a compound annual growth rate (CAGR) of 5.4%.
Factors that have contributed to this historical growth include an augmented emphasis on energy efficiency, a surge in the demand for coatings that are lightweight and resistant to corrosion, growth in the automotive and aerospace sectors, increasing adoption of liquid powder, and a climbing demand for protective and decorative coatings.
What are the Market Size and Expected Growth Rates for the Liquid Powder And Specialty Coating Equipment Market?
The liquid powder and specialty coating equipment market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the liquid powder and specialty coating equipment market is anticipated to indicate significant growth, expanding to a market size of $3.55 billion by 2029 with a compound annual growth rate (CAGR) of 5.1%.
The expansion during the estimated period can be credited to the escalation of industrial automation, heightened demand for high-performance coatings, an uptick in the requirement for corrosion-resistant coatings, development in the construction sector, and the growing utilization of nanotechnology. Noteworthy trends during this prospective period involve nanotechnology, waterborne coatings, intelligent coating equipment, robotic coating systems, and the incorporation of automation.
Which Key Drivers Are Propelling The Liquid Powder And Specialty Coating Equipment Market's Growth?
The liquid powder and specialty coating equipment market is set to expand due to the development in the automotive sector. This industry includes the creation, design, production, marketing, and selling of motor vehicles such as passenger cars, trucks, and commercial vehicles, along with any associated services or components. Growth in this sector is fueled by increased production capacities, government incentives, and more investments in autonomous and electric vehicles. As the automotive industry grows, there is a heightened demand for liquid, powder, and specialty coatings that improve a vehicle's durability, aesthetics, and corrosion resistance. These advanced coatings are particularly valuable for enhancing the performance and efficiency of electric and autonomous vehicles. As per the data provided by Statistics Canada, a government agency from Canada, in January 2025, there was a 0.3% rise in the total number of road motor vehicles registered in Canada in 2022, reaching 26.3 million. Hence, progress in the automotive industry is a major factor fueling growth for the liquid powder and specialty coating equipment market.
What Are The Key Segments Within The Global 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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Which Emerging Market Trends Are Altering The Liquid Powder And Specialty Coating Equipment Industry?
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.
Who Are the Key Players 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 Are The Regional Insights Into 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.
