Coating Equipment Market With Liquid, Powder, Specialty Coating Equipment Segments, Growth By 2025

Coating Equipment Market – Coating is a covering that is applied on a surface to improve its functional or aesthetic properties. Paints is a major type of coatings. Paints are used in a wide variety of applications in automotive, industrial, building & construction, marine, medical, electrical & electronics, utility, and oil & gas sectors. Coatings are applied on all kinds of substrates including polymers, glasses, metals, and ceramics. The use of coatings is increasing all over the world as companies are adopting a prevention-based approach in order to decrease the costs incurred by rusting of equipment.

A wide range of techniques to apply coatings on a substrate, which use different equipment, are available. A good coating equipment device ensures that there is even distribution of the coating material over the substrate, proper mixing of different components of the material being coated, optimum drying, and presence of an efficient exhaust system to remove the residual solvent vapors. Rising consumption of coatings across the world is likely to, in turn, raise the demand for coating equipment in the next few years.

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Coating Equipment Market: Drivers and Restraints

Increasing demand from key end-user sectors such as automotive, industrial, medical, and building & construction is likely to be a key driver for the coating equipment market during the forecast period. The use of coatings to provide protection to different products as well as impart functional properties to the product surfaces is increasing in these sectors. Several companies in unorganized sectors in emerging economies, which were using non-standard methods for applying coatings earlier, are shifting toward the use of standard coating equipment. This shift is taking place due to increasing availability of capital for purchasing the equipment led by economic growth as well as more stringent governmental regulations.

The use of solvent-based coatings has been restricted in several countries. This would have a negative effect on equipment for solvent-based coatings in the near future. However, the use of water-based coatings is increasing at a rapid pace, which would increase the demand for related coating equipment in the next few years. Increasing costs of raw materials such as plastics, metal parts, electric components and electronic circuits is expected to be a restraint for growth of the coating equipment market during the forecast period.

Coating Equipment Market: Segmentation

Based on type, the coating equipment market can be segmented into:

Liquid coating equipment, Powder coating equipment, Speciality coating equipment, Others

Based on application, the coating equipment market can be divided into:

Automotive, Medical, Aerospace, Industrial, Building & Construction, Marine, Electrical & Electronics, Others

The medical segment of the coating equipment market is anticipated to expand at a rapid pace in the next decade, due to growing use of these equipment in drug delivery applications. Rising urbanization and industrialization in several regions of the world is likely to boost the demand for coating equipment in these regions in the near future.

Based on material characteristics and method of application, the coating equipment market can be segmented into liquid coating equipment, powder coating equipment, and specialty coating equipment.

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Coating Equipment Market: Region-wise Outlook

Based on geography, the global coating equipment market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a highly attractive market for coating equipment during the forecast period. Industrial growth and rapid urbanization in countries such as China, India, and Indonesia is likely to boost the demand for coating equipment in these countries in the next decade. The coating equipment markets in mature economies in Western Europe and North America are likely to witness sluggish growth in the next decade. Demand for coating equipment in several developing countries such as Mexico, South Africa, and Russia is likely to remain high in the next few years.

Coating Equipment Market: Key Players

Nordson Corporation, Anest Iwata,Graco Inc., C. Oerlikon, IHI Ionbond AG, SATA GmbH & Co. KG

Anti-Graffiti Coating Market – Technological Advancements In Nanotechnology, Research By 2025

Graffiti has become a global concern, as it has resulted into the defacement of public or private property with a wide range of markings, etchings, and paintings. Rising prevalence of graffiti in many countries across the world has negatively impacted the state and local governments, local communities, police, public transport, and utility providers. Therefore, graffiti has been considered as one of the most visible forms of community crime and anti-social behavior. It is commonly found on trains, subways, buses, vehicles, walls facing streets, traffic signs, statues and monuments, bridges, park benches, trees, and billboards. The motives of graffiti include anger, psychological need, or hostility towards society.

Rising criminological research for graffiti offences and offenders have led to development of crime prevention strategies by government, and opportunities for various chemical companies to develop anti-graffiti products. Rising popularity for graffiti, despite government initiatives has resulted into the increasing need for graffiti removal, which is driving the demand for anti-graffiti coatings. Anti-graffiti coatings are invisible coatings that prevent the graffiti paint from adhering to the surface. These coatings are paints developed using nanoparticles and polymers, which function as water and oil repellent when added on the existing paint. Companies are focusing on developing anti-graffiti coatings with increased durability, transparency, and dirt resistance.

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Increasing technological advancements in nanotechnology and high investments by companies to manufacture ultra-thin, non-toxic, environment-friendly coatings are key factors that are fueling the expansion of the anti-graffiti coatings market significantly. Nanotechnology has been improving the physical, chemical, mechanical, thermal, and corrosion properties of anti-graffiti coatings at low costs. Furthermore, anti-graffiti coatings are increasingly employed by automobile manufacturers to offer additional protection to the vehicle body. The rapidly increasing global demand for automobiles and increasing incorporation of anti-graffiti coatings in automotive manufacturing processes are key factors driving the expansion of the market.

Strict government regulations imposed on the usage of the petrochemicals, which form a major part of the anti-graffiti coatings restrain the expansion of the market. Chemical companies are focusing on employing bio-based coatings, which are in line with the current trend of environmental safety, to create potential growth opportunities for the anti-graffiti market.

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In terms of geography, the anti-graffiti market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Increasing advancements in nanotechnology and presence of key chemical companies in North America and Europe have led to the regions accounting prominent share of the global anti-graffiti coatings market. However, stricter legislative environment imposed by the government incurs high costs for the companies to develop products in these strict compliances, which results in sluggish expansion of the market in these regions. The Asia Pacific region is characterized by rising infrastructure, lenient public and environmental laws, rapidly expanding automobile industry, and increasing expansion of major chemical companies in this region due to abundant availability of raw materials and low cost labor. These factors lead to considerable expansion for the anti-graffiti coatings market.

Key companies operating in the anti-graffiti coatings market are E. I. du Pont de Nemours and Company, BASF SE, the 3M Company, Akzo Nobel N.V., the Sherwin-Williams Company, Hydron Protective Coatings, the Valspar Corporation, Sika AG, Protective Coatings International Ltd., and CSL Silicones Inc.

Hydrophilic Coatings Market: Rising Usage in Medical Devices to Remain Key Growth Factor, TMR

The global hydrophilic coatings market features a highly fragmented competitive landscape owing to the presence of a large number of vendors, with the leading five vendors accounting cumulatively for only around 20% of the overall market in 2016, states a recent report by Transparency Market Research (TMR). Exhibiting a high level of competition, standing of companies in the market is highly influenced by their focus on R&D activities aimed at keeping deliverables technologically advanced and improvised as per changing consumer demands.

Strategic acquisitions aimed at expanding geographical presence and adding new products to portfolios are also popular strategies adopted by companies to stay ahead of competition. In instance is the January 2016 alliance between AdvanSource Biomaterials Corp. and Medibrane Ltd., a leading Israeli coating technology company. AdvanSource Biomaterials entered into the collaboration.

Transparency Market Research estimates that the global market for hydrophilic coatings was valued at US$481.6 mn in 2016 and will reach US$1,026.6 mn in 2025, expanding at a CAGR of 8.8% between 2017 and 2025.

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Polymers to Remain Most Preferred Substrate for Coating Hydrophilic Coatings

On the basis of the type of substrate on which hydrophilic coatings are applied, the segment of polymers accounted for the dominant share of around 48% of the overall market in 2016. The vast usage of polymers coated with hydrophilic coatings in the medical devices industry is expected to keep the demand for polymers as a substrate high in the global hydrophilic coatings market over the forecast period as well. In terms of geography, North America has been dominating the hydrophilic coatings market over the past few years. The region held over 35% share of the global demand for hydrophilic coatings in 2016 and the trend is projected to continue during the forecast period as well.

Rising Demand for High-end Medical Devices to Boost Global Consumption

One of the key forces driving the global market for hydrophilic coatings is the increasing usage of these coatings in the field of medical devices. The controlled level of lubricity allowed by hydrophilic coatings to medical devices, which assuages the natural resistance that vascular inner surfaces exhibit as a result of striction, making their usage more convenient when in use across vascular operations, makes them more preferable as compared to other coatings.

These coatings also decrease the possibility of infection due to the presence of antimicrobial agents and increase the ease with which a medical device is inserted into the body. The vast rise in expenditure on healthcare due to rising demand for better medical and healthcare facilities, especially across emerging economies boasting a rapidly rising middle class with high disposable incomes, will boost the consumption of medical devices, which, in turn, is expected to drive the market for hydrophilic coatings.

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Strict Regulatory Compliances to Negatively Affect Market Growth

Although the global hydrophilic coatings market has excellent growth prospects, some factors are expected to hinder its growth to a certain extent over the forecast period. These include stringent government regulations related to medical devices and the high processing costs involved in coating medical devices with hydrophilic coatings. Stringent regulations such as the FDA 510 K Clearance Act refrain new hydrophilic coatings manufacturers from entering the market. Additionally, the high costs associated with processing and licensing hydrophilic coatings compel manufacturers to look for inexpensive alternatives, hampering the growth prospects of the global hydrophilic coatings market to a certain extent.

For the study, the market has been segmented as follows:

Hydrophilic Coatings Market – Substrate Analysis

  • Polymers
  • Metals & Metal Alloys
  • Glass & Other Ceramics

Hydrophilic Coatings Market – Application Analysis

  • Automotive
  • Aerospace
  • Medical Devices
    • Cardiovascular
    • Urology
    • Neurology
    • General surgery
    • Others (Ophthalmology, gynecology, etc.)
  • Optical
  • Others (including Buildings, etc.)

This review of the global hydrophilic coatings market is based on a recent market research report, titled “Hydrophilic Coatings Market (Substrate Type – Polymers, Metals and Metal Alloys, and Glass and Other Ceramics; Application – Automotive, Aerospace, Medical Devices (Cardiovascular, Urology, Neurology, and General Surgery), Optical, and Buildings) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Silver Inks, Pastes, and Coatings Market Industrial Growth and Forecast By 2024

Silver has numerous technological applications beside its important economic role as a precious metal. Silver is an excellent conductor of electricity, which enables its use in a wide variety of applications in the electronics sector. Silver inks, pastes, and coatings, among other products, have been a staple in the manufacture of several objects and their demand is likely to be sustained in the coming years. Due to silver’s high electrical conductivity, it is perfect for use in conducting dyes. This allowed the silver inks, pastes, and coatings industry to sustain itself through the consumer electronics boom since the mid-1900’s and has also ensured demand in today’s technology-dominated age.

The report looks into various aspects of the global silver inks, pastes, and coatings market to provide readers with a comprehensive overview. The competitive dynamics of the silver inks, pastes, and coatings market are elaborated upon in the report. The market’s geographical hierarchy is also examined in the report in order to provide reliable projections regarding the regional markets likely to rise and fall in the coming years. The pricing structure of the production and distribution of silver inks, pastes, and coatings is also examined in the report to provide readers with an insight into the trajectory of the market in the coming years.

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The key applications of silver inks, pastes, and coatings include OLED lighting, desktop PCB printers, 3D antennas, 3D printed electronics, in-mold electronics, touchscreen edge electrodes, ITO replacement, e-textiles, silicon solar cells, automobiles, and RFID tags. As these are some of the most intensively researched areas at present, sustained demand from the global silver inks, pastes, and coatings market can be expected from most application sectors.

Global Silver Inks, Pastes, and Coatings Market: Trends and Opportunities

The rising demand for 3D printed manufacturing from various sectors has emerged as a key driver for the global silver inks, pastes, and coatings market. The convenience of 3D printing outstrips most conventional manufacturing technologies, which, allied to the cost benefits of 3D printing over manual or even robotic manufacturing, has driven the use of 3D printing in recent years. The electronics sector has been an early adopter of 3D printing and is likely to remain a major consumer of 3D printing devices and technology in the coming years, providing a steady sales channel for the global silver inks, pastes, and coatings industry.

Another key application area of silver inks, pastes, and coatings is LED lighting, which has become the leading lighting technology in many areas around the world, thus driving the demand for ancillary markets. LED technology provides cleaner and more efficient lighting than conventional incandescent lighting, which has also seen LED lighting being backed by several governments around the world. The steady regulatory support is likely to ensure steady growth of the LED lighting market in the coming years, thus boosting the silver inks, pastes, and coatings market.

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Global Silver Inks, Pastes, and Coatings Market: Geographical and Competitive Dynamic

The report looks into the performance of the silver inks, pastes, and coatings market in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America is the leading contributor to the global silver inks, pastes, and coatings market thanks to the strong presence of several leading innovators in the sector and the steady demand for technological advancements.

On the other hand, Asia Pacific is likely to become a key regional market for silver inks, pastes, and coatings in the coming years due to the rapid growth of the solar power sector in tropical and subtropical countries such as India and China. Solar power also enjoys steady government support in several countries in Europe and Latin America, ensuring the industry’s presence as a key consumer of silver inks, pastes, and coatings in the coming years.

The report also sheds light on the competitive dynamics of the global silver inks, pastes, and coatings market by profiling leading players such as AkzoNobel N.V., PPG Architectural Coatings, Creative Materials, Dow Chemical Company, BASF SE, ANP Lighting, Henkel, Methode Electronics, and Sun Chemical.

Zinc Phosphate Cement Market – New Tech Developments and Advancements to watch out for 2025!!

Zinc phosphate is used as a coating for corrosion resistance on various types of metal surfaces. Zinc phosphate is applied on metal surfaces as part of an electroplating process or they are directly applied as a primer pigment.

Plastic Coatings Market – Increasing Automobile Production to Offers Lucrative Opportunities By 2024

Plastic Coatings Market is driven by the Increase in demand for plastic coatings in the automotive end-use segment. Europe accounts for significant share of the plastic coatings market due to the rise in demand from automobile manufacturers concentrated in the region.