粉体塗装装置市場 – 2030年までの世界予測

Powder Coating Equipment Market - Global Forecast To 2029

粉体塗装装置市場 - コンポーネントの種類(ニーダー、押出機、冷却装置、粉砕機)、樹脂の種類(ポリエステル、ハイブリッド、エポキシ、ポリウレタン、アクリル)、最終用途の産業と地域別 - 2030年までの世界予測
Powder Coating Equipment Market by Component Type (Kneader, Extruders, Cooling Equipment, Grinders), Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Acrylic), End-Use Industry & Region- Global Forecast to 2030
出版社MarketsandMarkets
出版年月2024年8月
ページ数228
図表数199
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

 Report Overview

The Powder Coating Equipment market is estimated at USD 0.41 billion in 2024 and is projected to reach USD 0.54 billion in 2030, at a CAGR of 5.0% from 2024 to 2030.

粉体塗装装置市場は、2024年に4億1,000万米ドルと推定され、2024年から2030年までCAGR 5.0%で、2030年には5億4,000万米ドルに達すると予測されています。

Powder coating equipment market is witnessing a growth as the demand for powder coating from the end use industries is rising. Polyester resin-based powder coatings are the most favoured option for many coating applications because of its superior properties like weather resistance, chemical and corrosion resistance, and aesthetic versatility.

粉体塗装装置市場 - 2030年までの世界予測

‘‘In terms of value, Extruder component to register the highest CAGR in the overall Powder Coating Equipment Market.’’

Twin screw extruders are renowned for their superior mixing capabilities. The co-rotating screws provide excellent distributive and dispersive mixing, which is crucial for achieving a uniform distribution of pigments and additives throughout the resin. These machines also offer flexibility in processing parameters, such as speed, residence time, and throughput rate. This increased adaptability allows manufacturers to optimize the extrusion process for different formulations, enhancing product efficiency.

‘‘In terms of value, appliances end use industry to register the highest CAGR in the overall Powder Coating Equipment Market.’’

The market for powder coating in appliance end use industry is expected to grow, driven by the increasing demand for powder coating in various household appliances and consumer goods. As various countries are experiencing rising middle-class population and industrial development the market for this end use industry is growing exponentially, thus driving the powder coating equipment market.

粉体塗装装置市場 - 2030年までの世界予測 ecosystem

“During the forecast period, the Powder Coating Equipment Market in Asia Pacific region is expected to register the highest CAGR.”

Asia Pacific is the fastest-growing market for powder coating equipment. The market for powder coating equipment in the region is driven by the rapid urbanization and increasing investments from government in infrastructure development in many countries in this region. With economic contraction and saturation in the European and North American markets, the market is shifting to Asia Pacific. Manufacturers of powder coating equipment are targeting this region as it has a rapidly advancing construction industry, accounting for approximately 40% of the construction spending, according to the World Bank.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:

  • By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
  • By Designation- C Level- 50%, Director Level- 30%, and Executives- 20%
  • By Region- North America- 15%, Europe- 50%, Asia Pacific (APAC) – 20%, South America -10%, Middle East & Africa -5%.

粉体塗装装置市場 - 2030年までの世界予測 region

The report provides a comprehensive analysis of company profiles:

Prominent companies include Hillenbrand Inc. (Coperion GmbH, Germany), BUSS AG (Switzerland), Hosokawa Micron Group (Japan), Yantai Wutai Chemical Equipment Co., Ltd. (China), Xtrutech Ltd. (UK), Chongqing Degold Machine Co., Ltd. (China), Vortex Mixing Technology (China), Moriyama Corporation (Japan), BBA Innova AG (Switzerland), Yantai Donghui Powder Processing Equipment Co., Ltd. (China), CPM Extrusion Group (US), Polimer Teknik (Turkey), IPCO AB (Sweden), and Tiermax Inc. (Canada).

Research Coverage

This research report categorizes the Powder Coating Equipment Market, By Component Type (Kneader, Extruders, Cooling Equipment, Grinders, and Other Components), Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Acrylic, and Others), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture, and Other end-use industries), & Region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the Powder Coating Equipment Market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the Powder Coating Equipment Market are all covered. This report includes a competitive analysis of upcoming startups in the Powder Coating Equipment Market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Powder Coating Equipment Market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (reduced carbon footprint and sustainable properties, rising demand for automotive parts and components, and growing preference for long lasting and sustainable coatings), restraints (high equipment and set up costs, environmental and energy consumption concerns), opportunities (adoption of powder coating on wood and plastic, rising application in shipbuilding and pipeline industries, and technological advancements and innovations), and challenges (limited substrate compatibility and maintenance and operational costs) influencing the growth of the powder coating equipment market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the powder coating equipment market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the powder coating equipment market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the powder coating equipment market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Hillenbrand, Inc. (Coperion GmbH, Germany), BUSS AG (Switzerland), Hosokawa Micron Group (Japan), Yantai Wutai Chemical Equipment Co., Ltd. (China), Xtrutech Ltd. (UK), Chongqing Degold Machine Co., Ltd. (China), Vortex Mixing Technology (China), Moriyama Corporation (Japan), BBA Innova AG (Switzerland), Yantai Donghui Powder Processing Equipment Co., Ltd. (China), CPM Extrusion Group (US), Polimer Teknik (Turkey), IPCO AB (Sweden), and Tiermax Inc. (Canada) among others in the powder coating equipment market

Table of Contents

1            INTRODUCTION            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION   23

1.3         STUDY SCOPE  24

1.3.1      MARKET COVERED       24

1.3.2      YEARS CONSIDERED     25

1.3.3      INCLUSIONS AND EXCLUSIONS 25

1.4         CURRENCY CONSIDERED          26

1.5         STAKEHOLDERS            26

2            RESEARCH METHODOLOGY     27

2.1         RESEARCH APPROACH 27

2.1.1      SECONDARY DATA       28

2.1.1.1   Key data from secondary sources     28

2.1.2      PRIMARY DATA 29

2.1.2.1   Key data from primary sources         29

2.1.2.2   Breakdown of primaries     30

2.1.2.3   Key primary interview participants   30

2.1.2.4   Key industry insights          31

2.2         MARKET SIZE ESTIMATION       31

2.2.1      BOTTOM-UP APPROACH           32

2.2.2      TOP-DOWN APPROACH             32

2.3         BASE NUMBER CALCULATION  33

2.3.1      APPROACH 1: SUPPLY-SIDE ANALYSIS  33

2.3.2      APPROACH 2: DEMAND-SIDE ANALYSIS             33

2.4         MARKET FORECAST      34

2.4.1      SUPPLY SIDE    34

2.4.2      DEMAND SIDE  34

2.5         DATA TRIANGULATION             34

2.6         FACTOR ANALYSIS        36

2.7         RESEARCH ASSUMPTIONS         36

2.8         RESEARCH LIMITATIONS           37

2.9         RISK ASSESSMENT         37

3            EXECUTIVE SUMMARY 38

4            PREMIUM INSIGHTS      42

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN POWDER COATING EQUIPMENT MARKET  42

4.2         POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY AND REGION    43

4.3         POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE         44

4.4         POWDER COATING EQUIPMENT MARKET, BY COMPONENT     44

4.5         POWDER COATING EQUIPMENT MARKET, BY COUNTRY           45

5            MARKET OVERVIEW     46

5.1         INTRODUCTION            46

5.2         MARKET DYNAMICS     46

5.2.1      DRIVERS            47

5.2.1.1   Low carbon footprint and excellent properties             47

5.2.1.2   Rising demand for automobile parts and components  47

5.2.1.3   Growing preference for long-lasting and sustainable coatings    48

5.2.2      RESTRAINTS     48

5.2.2.1   High capital investment and set-up costs        48

5.2.2.2   Environmental and energy consumption concerns associated with powder coating equipment           49

5.2.3      OPPORTUNITIES           49

5.2.3.1   Rising use of powder coatings on wood and plastics     49

5.2.3.2   Increasing applications in shipbuilding and pipeline industries   49

5.2.3.3   Technological advancements and innovations in powder coating equipment              50

5.2.4      CHALLENGES   50

5.2.4.1   Limited substrate compatibility       50

5.2.4.2   High maintenance and operational costs        50

5.3         PORTER’S FIVE FORCES ANALYSIS         51

5.3.1      THREAT OF NEW ENTRANTS    52

5.3.2      THREAT OF SUBSTITUTES         52

5.3.3      BARGAINING POWER OF SUPPLIERS     52

5.3.4      BARGAINING POWER OF BUYERS           52

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 53

5.4         KEY STAKEHOLDERS AND BUYING CRITERIA    53

5.4.1      KEY STAKEHOLDERS IN BUYING PROCESS         53

5.4.2      BUYING CRITERIA         54

5.5         MACROECONOMICS INDICATORS         54

5.5.1      INTRODUCTION            54

5.5.2      GDP TRENDS AND FORECAST  54

5.5.3      TRENDS IN GLOBAL CONSTRUCTION INDUSTRY           57

5.5.4      TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY 57

5.5.5      TRENDS IN GLOBAL APPLIANCE INDUSTRY      59

5.6         SUPPLY CHAIN ANALYSIS          60

5.6.1      RAW MATERIAL ANALYSIS         61

5.6.2      MANUFACTURING EQUIPMENT ANALYSIS        61

5.6.3      FINAL PRODUCT ANALYSIS       61

5.7         VALUE CHAIN ANALYSIS            62

5.8         ECOSYSTEM ANALYSIS 63

5.9         PRICING ANALYSIS        65

5.9.1      PRICING ANALYSIS OF COMPONENTS, BY KEY PLAYER 65

5.9.2      PRICING ANALYSIS OF COMPONENTS, BY SIZE 66

5.10       TRADE ANALYSIS          66

5.10.1    IMPORT SCENARIO (HS CODE 8474)      66

5.10.2    EXPORT SCENARIO (HS CODE 8474)      67

5.11       TECHNOLOGY ANALYSIS           69

5.11.1    KEY TECHNOLOGIES    69

5.11.1.1 Low cure technology          69

5.11.1.2 Nano technology 70

5.11.2    COMPLEMENTARY TECHNOLOGIES     71

5.11.2.1 Waterborne powder coating technology         71

5.11.3    ADJACENT TECHNOLOGIES      72

5.11.3.1 Precision application method           72

5.12       IMPACT OF AI/GEN AI ON POWDER COATING EQUIPMENT MARKET              72

5.12.1    TOP USE CASES AND MARKET POTENTIAL        73

5.12.2    BEST PRACTICES IN POWDER COATING EQUIPMENT MARKET 73

5.12.3    CASE STUDIES OF AI IMPLEMENTATION IN POWDER COATING EQUIPMENT MARKET  74

5.12.4    INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS           74

5.12.5    CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN POWDER COATING EQUIPMENT MARKET            74

5.13       PATENT ANALYSIS        75

5.13.1    INTRODUCTION            75

5.13.2    METHODOLOGY           75

5.13.3    DOCUMENT TYPE         75

5.13.4    INSIGHTS          76

5.13.5    LEGAL STATUS OF PATENTS    77

5.13.6    JURISDICTION ANALYSIS           77

5.13.7    TOP APPLICANTS          78

5.13.8    LIST OF PATENTS BY AGC INC. 78

5.13.9    LIST OF PATENTS BY BLH TECH INC.    79

5.13.10  LIST OF PATENTS BY GEMA SWITZERLAND GMBH        79

5.14       REGULATORY LANDSCAPE       80

5.14.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND

OTHER ORGANIZATIONS          80

5.15       KEY CONFERENCES AND EVENTS, 2024–2025     82

5.16       CASE STUDY ANALYSIS 83

5.16.1    HILLENBRAND, INC. (COPERION GMBH) INTRODUCED ZSK 43 MV PLUS TWIN SCREW EXTRUDER 83

5.16.2    XTRUTECH LTD. AND INTELLIGENT PROJECT SOLUTIONS PARTNERED TO EXPAND BUSINESS IN INDIA    84

5.16.3    AKZONOBEL AND COATMASTER PARTNERED WITH COATINGAI AG              84

5.17       TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              85

5.18       INVESTMENT AND FUNDING SCENARIO            86

6            POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE         87

6.1         INTRODUCTION            88

6.2         POLYESTER      91

6.2.1      ADVANCEMENTS IN COMPOUNDING TECHNOLOGIES TO DRIVE MARKET            91

6.3         HYBRID (EPOXY POLYESTER)   92

6.3.1      HIGH-END PROPERTIES OF HYBRID RESIN POWDER COATINGS TO BOOST DEMAND           92

6.4         EPOXY 93

6.4.1      HIGH RESISTANCE TO HARSH CHEMICALS AND CORROSION TO FUEL DEMAND           93

6.5         ACRYLIC            94

6.5.1      RISING USE OF ACRYLIC RESIN POWDER COATING EQUIPMENT IN CONSUMER GOODS, ARCHITECTURE, AND AUTOMOTIVE INDUSTRIES TO DRIVE MARKET 94

6.6         POLYURETHANE           95

6.6.1      ABRASION RESISTANCE AND DURABILITY FEATURES OF POLYURETHANE TO DRIVE MARKET    95

6.7         OTHER RESIN TYPES     96

7            POWDER COATING EQUIPMENT MARKET, BY COMPONENT     98

7.1         INTRODUCTION            99

7.2         KNEADERS        100

7.2.1      UNIFORM SHEARING, HIGH FILLING, HIGH DISPERSION, AND STRETCHING MELT CHARACTERISTICS TO DRIVE DEMAND     100

7.3         EXTRUDERS      101

7.3.1      HIGH SHEAR MIXING PROPERTIES TO DRIVE DEMAND 101

7.4         COOLING EQUIPMENT 102

7.4.1      FOCUS ON REDUCING CARBON FOOTPRINT AND ADHERING TO STRICTER ENVIRONMENTAL REGULATIONS TO DRIVE DEMAND          102

7.5         GRINDERS         103

7.5.1      DEPLOYMENT OF AUTOMATION AND ADVANCED TECHNOLOGIES IN PRODUCTION LINES TO FUEL DEMAND            103

7.6         OTHER COMPONENTS 104

8            POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY              106

8.1         INTRODUCTION            107

8.2         APPLIANCE       108

8.2.1      REQUIREMENT FOR COATINGS WITH HIGH DURABILITY, HEAT RESISTANCE, AND CHEMICAL RESISTANCE PROPERTIES TO DRIVE MARKET              108

8.3         AUTOMOTIVE  110

8.3.1      RISING DEMAND FOR HIGH-PERFORMANCE COATINGS IN AUTOMOTIVE INDUSTRY TO BOOST MARKET GROWTH           110

8.4         GENERAL INDUSTRIAL 111

8.4.1      ADOPTION OF SUSTAINABLE POWDER COATING MANUFACTURING PRACTICES TO DRIVE MARKET 111

8.5         ARCHITECTURE            112

8.5.1      GROWING NEED FOR HIGH-PERFORMANCE, AESTHETICALLY ATTRACTIVE COATINGS TO BOOST MARKET GROWTH             112

8.6         FURNITURE      113

8.6.1      CHANGING LIFESTYLES AND RISING DEMAND FOR COATING EQUIPMENT THAT CAN DELIVER CONSISTENT, HIGH-QUALITY RESULTS TO DRIVE MARKET 113

8.7         OTHER END-USE INDUSTRIES  114

9            POWDER COATING EQUIPMENT MARKET, BY REGION 115

9.1         INTRODUCTION            116

9.2         ASIA PACIFIC    116

9.2.1      CHINA  120

9.2.1.1   Industrial growth and urbanization to drive market      120

9.2.2      INDIA   121

9.2.2.1   Rapid growth of automotive industry to drive market   121

9.2.3      JAPAN  122

9.2.3.1   Increasing demand for advanced coating solutions to drive market           122

9.2.4      THAILAND        123

9.2.4.1   Increasing investments in public infrastructure development to drive market              123

9.2.5      SOUTH KOREA 124

9.2.5.1   Government-led initiatives for promoting adoption of new technologies to drive market   124

9.2.6      INDONESIA       125

9.2.6.1   Increasing investments in construction industry to drive market 125

9.2.7      MALAYSIA         126

9.2.7.1   Growing demand for protective and aesthetically appealing finishes in automotive sector to drive market        126

9.2.8      REST OF ASIA PACIFIC  127

9.3         EUROPE             127

9.3.1      GERMANY         131

9.3.1.1   Rising demand for EVs to drive market          131

9.3.2      ITALY   132

9.3.2.1   Surging industrial robot installations to drive demand  132

9.3.3      FRANCE             133

9.3.3.1   Economic growth and rising infrastructure development to drive market 133

9.3.4      UK         134

9.3.4.1   Increasing demand for SUVs and zero-emission vehicles to drive market 134

9.3.5      SPAIN   135

9.3.5.1   Increasing demand for various machinery and equipment to drive market 135

9.3.6      NETHERLANDS 136

9.3.6.1   Supportive regulatory environment and incentives for eco-friendly practices to drive market        136

9.3.7      TURKEY             137

9.3.7.1   Developing industrial base and growing emphasis on innovative coating technologies to drive market            137

9.3.8      REST OF EUROPE           138

9.4         NORTH AMERICA          138

9.4.1      US         141

9.4.1.1   Presence of major powder coating and related equipment manufacturers to drive market   141

9.4.2      CANADA            142

9.4.2.1   Rapid infrastructure development to drive market        142

9.5         LATIN AMERICA             143

9.5.1      MEXICO             146

9.5.1.1   Expanding automotive sector to drive market 146

9.5.2      BRAZIL 147

9.5.2.1   Increasing demand for modern, attractive, and sustainable building materials to drive market        147

9.5.3      ARGENTINA      148

9.5.3.1   Growing population and improved economic conditions to drive market  148

9.5.4      REST OF LATIN AMERICA          149

9.6         MIDDLE EAST & AFRICA             149

9.6.1      GCC COUNTRIES           152

9.6.1.1   UAE      152

9.6.1.1.1 Favorable economic conditions and rising chemical manufacturing and trade to boost market growth          152

9.6.1.2   Saudi Arabia        153

9.6.1.2.1 Government-led investments in chemical manufacturing to drive market 153

9.6.1.3   Rest of GCC countries       154

9.6.2      SOUTH AFRICA 154

9.6.2.1   Government-led investments in different industries to drive market        154

9.6.3      REST OF MIDDLE EAST & AFRICA           155

10          COMPETITIVE LANDSCAPE       157

10.1       OVERVIEW        157

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          157

10.3       REVENUE ANALYSIS      159

10.4       MARKET SHARE ANALYSIS         160

10.4.1    RANKING ANALYSIS      161

10.5       BRAND/PRODUCT COMPARISON          163

10.5.1    ZSK MV PLUS    164

10.5.2    PCS       164

10.5.3    WONDER KNEADER      164

10.5.4    CX/CXE 164

10.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   164

10.6.1    STARS  164

10.6.2    EMERGING LEADERS    164

10.6.3    PERVASIVE PLAYERS     165

10.6.4    PARTICIPANTS 165

10.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      166

10.6.5.1 Company footprint            166

10.6.5.2 Component footprint         167

10.6.5.3 Resin type footprint           168

10.6.5.4 End-use industry footprint 169

10.6.5.5 Region footprint  170

10.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          171

10.7.1    PROGRESSIVE COMPANIES       171

10.7.2    RESPONSIVE COMPANIES          171

10.7.3    DYNAMIC COMPANIES 171

10.7.4    STARTING BLOCKS       171

10.7.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             173

10.7.5.1 Detailed list of key startups/SMEs   173

10.7.5.2 Competitive benchmarking of key startups/SMEs        174

10.8       COMPANY VALUATION AND FINANCIAL METRICS        175

10.9       COMPETITIVE SCENARIOS        176

10.9.1    PRODUCT LAUNCHES  176

10.9.2    DEALS  177

10.9.3    EXPANSIONS    178

11          COMPANY PROFILES    179

11.1       KEY PLAYERS   179

11.1.1    HILLENBRAND, INC. (COPERION GMBH)            179

11.1.1.1 Business overview 179

11.1.1.2 Products/Solutions/Services offered 180

11.1.1.3 Recent developments         181

11.1.1.3.1            Product launches 181

11.1.1.3.2            Deals     182

11.1.1.4 MnM view           182

11.1.1.4.1            Key strengths/Right to win 182

11.1.1.4.2            Strategic choices  182

11.1.1.4.3            Weaknesses/Competitive threats     182

11.1.2    BUSS AG            183

11.1.2.1 Business overview 183

11.1.2.2 Products/Solutions/Services offered 183

11.1.2.3 Recent developments         184

11.1.2.3.1            Expansions          184

11.1.2.4 MnM view           184

11.1.2.4.1            Key strengths/Right to win 184

11.1.2.4.2            Strategic choices  184

11.1.2.4.3            Weaknesses/Competitive threats     185

11.1.3    HOSOKAWA MICRON GROUP    186

11.1.3.1 Business overview 186

11.1.3.2 Products/Solutions/Services offered 187

11.1.3.3 Recent developments         188

11.1.3.3.1            Product launches 188

11.1.3.3.2            Expansions          189

11.1.3.4 MnM view           189

11.1.3.4.1            Key strengths/Right to win 189

11.1.3.4.2            Strategic choices  189

11.1.3.4.3            Weaknesses/Competitive threats     189

11.1.4    YANTAI WUTAI CHEMICAL EQUIPMENT CO., LTD.        190

11.1.4.1 Business overview 190

11.1.4.2 Products/Solutions/Services offered 190

11.1.4.3 MnM view           191

11.1.4.3.1            Key strengths/Right to win 191

11.1.4.3.2            Strategic choices  191

11.1.4.3.3            Weaknesses/Competitive threats     191

11.1.5    XTRUTECH LTD.            192

11.1.5.1 Business overview 192

11.1.5.2 Products/Solutions/Services offered 192

11.1.5.3 Recent developments         193

11.1.5.3.1            Product launches 193

11.1.5.3.2            Deals     193

11.1.5.4 MnM view           194

11.1.5.4.1            Key strengths/Right to win 194

11.1.5.4.2            Strategic choices  194

11.1.5.4.3            Weaknesses/Competitive threats     194

11.1.6    CHONGQING DEGOLD MACHINE CO., LTD.      195

11.1.6.1 Business overview 195

11.1.6.2 Products/Solutions/Services offered 195

11.1.6.3 MnM view           196

11.1.6.3.1            Key strengths/Right to win 196

11.1.6.3.2            Strategic choices  196

11.1.6.3.3            Weaknesses/Competitive threats     196

11.1.7    VORTEX MIXING TECHNOLOGY            197

11.1.7.1 Business overview 197

11.1.7.2 Products/Solutions/Services offered 197

11.1.7.3 MnM view           198

11.1.7.3.1            Key strengths/Right to win 198

11.1.7.3.2            Strategic choices  198

11.1.7.3.3            Weaknesses/Competitive threats     198

11.1.8    MORIYAMA CORPORATION      199

11.1.8.1 Business overview 199

11.1.8.2 Products/Solutions/Services offered 199

11.1.8.3 MnM view           200

11.1.8.3.1            Key strengths/Right to win 200

11.1.8.3.2            Strategic choices  200

11.1.8.3.3            Weaknesses/Competitive threats     200

11.1.9    BBA INNOVA AG            201

11.1.9.1 Business overview 201

11.1.9.2 Products/Solutions/Services offered 201

11.1.9.3 Recent developments         202

11.1.9.3.1            Product launches 202

11.1.9.4 MnM view           202

11.1.9.4.1            Key strengths/Right to win 202

11.1.9.4.2            Strategic choices  202

11.1.9.4.3            Weaknesses/Competitive threats     202

11.1.10  YANTAI DONGHUI POWDER PROCESSING EQUIPMENT CO., LTD.              203

11.1.10.1             Business overview 203

11.1.10.2             Products/Solutions/Services offered 203

11.1.10.3             MnM view           204

11.1.10.3.1          Key strengths/Right to win 204

11.1.10.3.2          Strategic choices  205

11.1.10.3.3          Weaknesses/Competitive threats     205

11.1.11  CPM EXTRUSION GROUP           206

11.1.11.1             Business overview 206

11.1.11.2             Products/Solutions/Services offered 206

11.1.11.3             MnM view           207

11.1.11.3.1          Key strengths/Right to win 207

11.1.11.3.2          Strategic choices  207

11.1.11.3.3          Weaknesses/Competitive threats     207

11.1.12  POLIMER TEKNIK          208

11.1.12.1             Business overview 208

11.1.12.2             Products/Solutions/Services offered 208

11.1.12.3             MnM view           209

11.1.12.3.1          Key strengths/Right to win 209

11.1.12.3.2          Strategic choices  209

11.1.12.3.3          Weaknesses/Competitive threats     209

11.1.13  IPCO AB             210

11.1.13.1             Business overview 210

11.1.13.2             Products/Solutions/Services offered 210

11.1.13.3             Recent developments         211

11.1.13.3.1          Deals     211

11.1.13.4             MnM view           212

11.1.13.4.1          Key strengths/Right to win 212

11.1.13.4.2          Strategic choices  212

11.1.13.4.3          Weaknesses/Competitive threats     212

11.1.14  TIERMAX INC    213

11.1.14.1             Business overview 213

11.1.14.2             Products/Solutions/Services offered 213

11.1.14.3             MnM view           214

11.1.14.3.1          Key strengths/Right to win 214

11.1.14.3.2          Strategic choices  214

11.1.14.3.3          Weaknesses/Competitive threats     214

11.2       OTHER PLAYERS           215

11.2.1    DONGSUN POWDER PROCESSING EQUIPMENT CO., LTD.          215

11.2.2    YANTAI YUANLI MACHINERY MANUFACTURING CO., LTD.        216

11.2.3    LEISTRITZ EXTRUSIONSTECHNIK GMBH           217

11.2.4    SHANDONG SHENGSHIDA TECHNOLOGY CO., LTD.      217

11.2.5    YANTAI LINGYU POWDER MACHINERY CO., LTD.          218

11.2.6    MICRO POWDER TECH 218

11.2.7    SBS STEEL BELT SYSTMES S.R.L.             219

11.2.8    STEER WORLD 219

11.2.9    SK TOOLS          220

12          APPENDIX         221

12.1       DISCUSSION GUIDE      221

12.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             224

12.3       CUSTOMIZATION OPTIONS      226

12.4       RELATED REPORTS       226

12.5       AUTHOR DETAILS         227

LIST OF TABLES

TABLE 1             GLOBAL ELECTRIC VEHICLE STOCK, BY KEY COUNTRY, 2020–2023 (MILLION) 48

TABLE 2             POWDER COATING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS         51

TABLE 3             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY     53

TABLE 4             KEY BUYING CRITERIA, BY END-USE INDUSTRY             54

TABLE 5             GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2029              55

TABLE 6             TRENDS OF GLOBAL AUTOMOTIVE INDUSTRY, 2022–2023              58

TABLE 7             ROLES OF COMPANIES IN POWDER COATING EQUIPMENT ECOSYSTEM     64

TABLE 8             PRICING ANALYSIS OF COMPONENTS RELATED TO POWDER COATING EQUIPMENT, BY SIZE, 2023 (USD/UNIT)         66

TABLE 9             LEADING IMPORTERS OF HS CODE 8474-COMPLIANT PRODUCTS IN

2023 (USD MILLION)     67

TABLE 10           LEADING EXPORTERS OF HS CODE 8474-COMPLIANT PRODUCTS IN

2023 (USD MILLION)     68

TABLE 11           TOP USE CASES AND MARKET POTENTIAL        73

TABLE 12           BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES              73

TABLE 13           POWDER COATING EQUIPMENT MARKET: CASE STUDIES RELATED TO GEN AI IMPLEMENTATION           74

TABLE 14           INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS         74

TABLE 15           POWDER COATING EQUIPMENT MARKET: TOTAL NUMBER OF PATENTS, JANUARY 2014–JULY 2024 75

TABLE 16           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 17           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81

TABLE 18           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 19           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          82

TABLE 20           POWDER COATING EQUIPMENT MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025             82

TABLE 21           APPLICATIONS AND PROPERTIES OF POWDER COATING RESINS 88

TABLE 22           POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE,

2022–2030 (USD MILLION)          90

TABLE 23           POLYESTER: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          92

TABLE 24           HYBRID: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          93

TABLE 25           EPOXY: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          94

TABLE 26           ACRYLIC: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          95

TABLE 27           POLYURETHANE: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          96

TABLE 28           OTHER RESIN TYPES: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          97

TABLE 29           POWDER COATING EQUIPMENT MARKET, BY COMPONENT,

2022–2030 (USD MILLION)          99

TABLE 30           KNEADERS: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          101

TABLE 31           EXTRUDERS: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          102

TABLE 32           COOLING EQUIPMENT: POWDER COATING EQUIPMENT MARKET, BY REGION, 2022–2030 (USD MILLION)            103

TABLE 33           GRINDERS: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          104

TABLE 34           OTHER COMPONENTS: POWDER COATING EQUIPMENT MARKET, BY REGION, 2022–2030 (USD MILLION)            105

TABLE 35           POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          108

TABLE 36           APPLIANCE: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          109

TABLE 37           AUTOMOTIVE: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          110

TABLE 38           GENERAL INDUSTRIAL: POWDER COATING EQUIPMENT MARKET, BY REGION, 2022–2030 (USD MILLION)            111

TABLE 39           ARCHITECTURE: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          112

TABLE 40           FURNITURE: POWDER COATING EQUIPMENT MARKET, BY REGION,

2022–2030 (USD MILLION)          113

TABLE 41           OTHER END-USE INDUSTRIES: POWDER COATING EQUIPMENT MARKET,

BY REGION, 2022–2030 (USD MILLION)  114

TABLE 42           POWDER COATING EQUIPMENT MARKET, BY REGION, 2022–2030 (USD MILLION)     116

TABLE 43           ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET, BY COUNTRY,

2022–2030 (USD MILLION)          118

TABLE 44           ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET, BY COMPONENT,

2022–2030 (USD MILLION)          118

TABLE 45           ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE,

2022–2030 (USD MILLION)        119

TABLE 46           ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 119

TABLE 47           CHINA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          120

TABLE 48           INDIA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          121

TABLE 49           JAPAN: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          122

TABLE 50           THAILAND: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 123

TABLE 51           SOUTH KOREA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 124

TABLE 52           INDONESIA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 125

TABLE 53           MALAYSIA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)         126

TABLE 54           REST OF ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET,

BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        127

TABLE 55           EUROPE: POWDER COATING EQUIPMENT MARKET, BY COUNTRY,

2022–2030 (USD MILLION)          129

TABLE 56           EUROPE: POWDER COATING EQUIPMENT MARKET, BY COMPONENT,

2022–2030 (USD MILLION)          129

TABLE 57           EUROPE: POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE,

2022–2030 (USD MILLION)          130

TABLE 58           EUROPE: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          130

TABLE 59           GERMANY: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)         131

TABLE 60           ITALY: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          132

TABLE 61           FRANCE: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          133

TABLE 62           UK: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          134

TABLE 63           SPAIN: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          135

TABLE 64           NETHERLANDS: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 136

TABLE 65           TURKEY: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          137

TABLE 66           REST OF EUROPE: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        138

TABLE 67           NORTH AMERICA: POWDER COATING EQUIPMENT MARKET, BY COUNTRY,

2022–2030 (USD MILLION)          139

TABLE 68           NORTH AMERICA: POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE,

2022–2030 (USD MILLION)          140

TABLE 69           NORTH AMERICA: POWDER COATING EQUIPMENT MARKET, BY COMPONENT, 2022–2030 (USD MILLION)      140

TABLE 70           NORTH AMERICA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        141

TABLE 71           US: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          142

TABLE 72           CANADA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          143

TABLE 73           LATIN AMERICA: POWDER COATING EQUIPMENT MARKET, BY COUNTRY,

2022–2030 (USD MILLION)          144

TABLE 74           LATIN AMERICA: POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE,

2022–2030 (USD MILLION)          144

TABLE 75           LATIN AMERICA: POWDER COATING EQUIPMENT MARKET, BY COMPONENT,

2022–2030 (USD MILLION)          145

TABLE 76           LATIN AMERICA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        145

TABLE 77           MEXICO: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          146

TABLE 78           BRAZIL: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          147

TABLE 79           ARGENTINA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 148

TABLE 80           REST OF LATIN AMERICA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION)     149

TABLE 81           MIDDLE EAST & AFRICA: POWDER COATING EQUIPMENT MARKET, BY RESIN TYPE, 2022–2030 (USD MILLION)      150

TABLE 82           MIDDLE EAST & AFRICA: POWDER COATING EQUIPMENT MARKET,

BY COMPONENT, 2022–2030 (USD MILLION)      150

TABLE 83           MIDDLE EAST & AFRICA: POWDER COATING EQUIPMENT MARKET,

BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        151

TABLE 84           MIDDLE EAST & AFRICA: POWDER COATING EQUIPMENT MARKET,

BY COUNTRY, 2022–2030 (USD MILLION)            151

TABLE 85           UAE: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY,

2022–2030 (USD MILLION)          152

TABLE 86           SAUDI ARABIA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 153

TABLE 87           REST OF GCC COUNTRIES: POWDER COATING EQUIPMENT MARKET,

BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        154

TABLE 88           SOUTH AFRICA: POWDER COATING EQUIPMENT MARKET, BY END-USE INDUSTRY, 2022–2030 (USD MILLION) 155

TABLE 89           REST OF MIDDLE EAST & AFRICA: POWDER COATING EQUIPMENT MARKET,

BY END-USE INDUSTRY, 2022–2030 (USD MILLION)        155

TABLE 90           POWDER COATING EQUIPMENT MARKET: KEY STRATEGIES ADOPTED

BY MAJOR POWDER COATING EQUIPMENT MANUFACTURERS 157

TABLE 91           POWDER COATING EQUIPMENT MARKET: DEGREE OF COMPETITION, 2023     160

TABLE 92           POWDER COATING EQUIPMENT MARKET: COMPONENT FOOTPRINT      167

TABLE 93           POWDER COATING EQUIPMENT MARKET: RESIN TYPE FOOTPRINT      168

TABLE 94           POWDER COATING EQUIPMENT MARKET: END-USE INDUSTRY FOOTPRINT 169

TABLE 95           POWDER COATING EQUIPMENT MARKET: REGION FOOTPRINT      170

TABLE 96           POWDER COATING EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES   173

TABLE 97           POWDER COATING EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        174

TABLE 98           POWDER COATING EQUIPMENT MARKET: PRODUCT LAUNCHES, JANUARY 2018–JANUARY 2024          176

TABLE 99           POWDER COATING EQUIPMENT MARKET: DEALS, JANUARY 2018–JANUARY 2024       177

TABLE 100         POWDER COATING EQUIPMENT MARKET: EXPANSIONS,

JANUARY 2018–JANUARY 2024   178

TABLE 101         HILLENBRAND, INC. (COPERION GMBH): COMPANY OVERVIEW        179

TABLE 102         HILLENBRAND, INC. (COPERION GMBH):

PRODUCTS/SOLUTIONS/SERVICES OFFERED   180

TABLE 103         HILLENBRAND, INC. (COPERION GMBH): PRODUCT LAUNCHES       181

TABLE 104         HILLENBRAND, INC. (COPERION GMBH): DEALS            182

TABLE 105         BUSS AG: COMPANY OVERVIEW             183

TABLE 106         BUSS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 183

TABLE 107         BUSS AG: EXPANSIONS 184

TABLE 108         HOSOKAWA MICRON GROUP: COMPANY OVERVIEW    186

TABLE 109         HOSOKAWA MICRON GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED   187

TABLE 110         HOSOKAWA MICRON GROUP: PRODUCT LAUNCHES    188

TABLE 111         HOSOKAWA MICRON GROUP: EXPANSIONS      189

TABLE 112         YANTAI WUTAI CHEMICAL EQUIPMENT CO., LTD.: COMPANY OVERVIEW        190

TABLE 113         YANTAI WUTAI CHEMICAL EQUIPMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   190

TABLE 114         XTRUTECH LTD.: COMPANY OVERVIEW            192

TABLE 115         XTRUTECH LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          192

TABLE 116         XTRUTECH LTD.: PRODUCT LAUNCHES            193

TABLE 117         XTRUTECH LTD.: DEALS            193

TABLE 118         CHONGQING DEGOLD MACHINE CO., LTD.: COMPANY OVERVIEW        195

TABLE 119         CHONGQING DEGOLD MACHINE CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED   195

TABLE 120         VORTEX MIXING TECHNOLOGY: COMPANY OVERVIEW              197

TABLE 121         VORTEX MIXING TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   197

TABLE 122         MORIYAMA CORPORATION: COMPANY OVERVIEW       199

TABLE 123         MORIYAMA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   199

TABLE 124         BBA INNOVA AG: COMPANY OVERVIEW             201

TABLE 125         BBA INNOVA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              201

TABLE 126         BBA INNOVA AG: PRODUCT LAUNCHES             202

TABLE 127         YANTAI DONGHUI POWDER PROCESSING EQUIPMENT CO., LTD.:

COMPANY OVERVIEW  203

TABLE 128         YANTAI DONGHUI POWDER PROCESSING EQUIPMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED       203

TABLE 129         CPM EXTRUSION GROUP: COMPANY OVERVIEW           206

TABLE 130         CPM EXTRUSION GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          206

TABLE 131         POLIMER TEKNIK: COMPANY OVERVIEW           208

TABLE 132         POLIMER TEKNIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED          208

TABLE 133         IPCO AB: COMPANY OVERVIEW             210

TABLE 134         IPCO AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210

TABLE 135         IPCO AB: DEALS             211

TABLE 136         TIERMAX INC: COMPANY OVERVIEW    213

TABLE 137         TIERMAX INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              213

TABLE 138         DONGSUN POWDER PROCESSING EQUIPMENT CO., LTD.: COMPANY OVERVIEW  215

TABLE 139         YANTAI YUANLI MACHINERY MANUFACTURING CO., LTD.: COMPANY OVERVIEW  216

TABLE 140         LEISTRITZ EXTRUSIONSTECHNIK GMBH: COMPANY OVERVIEW        217

TABLE 141         SHANDONG SHENGSHIDA TECHNOLOGY CO., LTD.: COMPANY OVERVIEW  217

TABLE 142         YANTAI LINGYU POWDER MACHINERY CO., LTD.: COMPANY OVERVIEW        218

TABLE 143         MICRO POWDER TECH: COMPANY OVERVIEW 218

TABLE 144         SBS STEEL BELT SYSTEMS S.R.L.: COMPANY OVERVIEW 219

TABLE 145         STEER WORLD: COMPANY OVERVIEW  219

TABLE 146         SK TOOLS: COMPANY OVERVIEW          220

LIST OF FIGURES

FIGURE 1           POWDER COATING EQUIPMENT MARKET SEGMENTATION              24

FIGURE 2           POWDER COATING EQUIPMENT MARKET: RESEARCH DESIGN              27

FIGURE 3           POWDER COATING EQUIPMENT MARKET: BOTTOM-UP APPROACH       32

FIGURE 4           POWDER COATING EQUIPMENT MARKET: TOP-DOWN APPROACH       32

FIGURE 5           DATA TRIANGULATION             35

FIGURE 6           EXTRUDERS SEGMENT TO RECORD FASTEST GROWTH DURING FORECAST PERIOD     39

FIGURE 7           HYBRID SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030              39

FIGURE 8           APPLIANCE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       40

FIGURE 9           ASIA PACIFIC TO DOMINATE POWDER COATING EQUIPMENT MARKET DURING FORECAST PERIOD   41

FIGURE 10         SURGING DEMAND FOR POWDER COATING EQUIPMENT IN EMERGING ECONOMIES TO OFFER LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS         42

FIGURE 11         APPLIANCE SEGMENT AND ASIA PACIFIC ACCOUNTED FOR LARGEST SHARES OF POWDER COATING EQUIPMENT MARKET IN 2023              43

FIGURE 12         POLYESTER SEGMENT TO REGISTER HIGHEST CAGR IN POWDER COATING EQUIPMENT MARKET DURING FORECAST PERIOD 44

FIGURE 13         EXTRUDERS SEGMENT TO EXHIBIT HIGHEST CAGR IN POWDER COATING EQUIPMENT MARKET DURING FORECAST PERIOD 44

FIGURE 14         INDIA TO REGISTER HIGHEST CAGR IN POWDER COATING EQUIPMENT MARKET DURING FORECAST PERIOD       45

FIGURE 15         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES RELATED TO POWDER COATING EQUIPMENT MARKET            46

FIGURE 16         POWDER COATING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS         51

FIGURE 17         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY     53

FIGURE 18         KEY BUYING CRITERIA, BY END-USE INDUSTRY             54

FIGURE 19         POWDER COATING EQUIPMENT MARKET: SUPPLY CHAIN ANALYSIS          60

FIGURE 20         POWDER COATING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS          62

FIGURE 21         POWDER COATING EQUIPMENT ECOSYSTEM ANALYSIS              63

FIGURE 22         PARTICIPANTS IN POWDER COATING EQUIPMENT ECOSYSTEM     63

FIGURE 23         PRICING ANALYSIS OF COMPONENTS RELATED TO POWDER COATING EQUIPMENT OFFERED BY KEY PLAYERS, 2023 (USD/UNIT)    65

FIGURE 24         IMPORT DATA RELATED TO HS CODE 8474-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)          67

FIGURE 25         EXPORT DATA RELATED TO HS CODE 8474-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)          68

FIGURE 26         PATENT ANALYSIS, BY DOCUMENT TYPE, JANUARY 2014–JULY 2024      76

FIGURE 27         PATENT PUBLICATION TREND, 2014−2024       76

FIGURE 28         POWDER COATING EQUIPMENT MARKET: LEGAL STATUS OF PATENTS,

JANUARY 2014–JULY 2024           77

FIGURE 29         JURISDICTION OF CHINA REGISTERED HIGHEST NUMBER OF PATENTS BETWEEN JANUARY 2014 AND JULY 2024        77

FIGURE 30         TOP PATENT APPLICANTS, JANUARY 2014–JULY 2024    78

FIGURE 31         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS          85

FIGURE 32         POWDER COATING EQUIPMENT MARKET: INVESTMENT AND FUNDING SCENARIO OF MAJOR PLAYERS, 2024 (USD BILLION) 86

FIGURE 33         HYBRID RESIN SEGMENT TO HOLD LARGEST SHARE OF POWDER COATING EQUIPMENT MARKET IN 2024          88

FIGURE 34         CHARACTERISTICS OF THERMOSET POWDER COATINGS              89

FIGURE 35         ASIA PACIFIC TO DOMINATE POWDER COATING EQUIPMENT MARKET FOR POLYESTERS DURING FORECAST PERIOD            91

FIGURE 36         EXTRUDER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       99

FIGURE 37         ASIA PACIFIC TO DOMINATE POWDER COATING EQUIPMENT MARKET FOR KNEADERS DURING FORECAST PERIOD  100

FIGURE 38         APPLIANCE SEGMENT TO DOMINATE POWDER COATING EQUIPMENT MARKET DURING FORECAST PERIOD       107

FIGURE 39         ASIA PACIFIC TO DOMINATE POWDER COATING EQUIPMENT MARKET FOR APPLIANCE SEGMENT DURING FORECAST PERIOD          109

FIGURE 40         ASIA PACIFIC: POWDER COATING EQUIPMENT MARKET SNAPSHOT        117

FIGURE 41         EUROPE: POWDER COATING EQUIPMENT MARKET SNAPSHOT        128

FIGURE 42         NORTH AMERICA: POWDER COATING EQUIPMENT MARKET SNAPSHOT        139

FIGURE 43         POWDER COATING EQUIPMENT MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 (USD MILLION)       159

FIGURE 44         POWDER COATING EQUIPMENT MARKET SHARE ANALYSIS, 2023      160

FIGURE 45         POWDER COATING EQUIPMENT MARKET: RANKING OF TOP FIVE PLAYERS  161

FIGURE 46         POWDER COATING EQUIPMENT MARKET: BRAND/PRODUCT

COMPARATIVE ANALYSIS          163

FIGURE 47         POWDER COATING EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      165

FIGURE 48         POWDER COATING EQUIPMENT MARKET: COMPANY FOOTPRINT (14 COMPANIES)   166

FIGURE 49         POWDER COATING EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 172

FIGURE 50         POWDER COATING EQUIPMENT MARKET: EV/EBITDA OF KEY MANUFACTURERS        175

FIGURE 51         POWDER COATING EQUIPMENT MARKET: YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY MARKET PLAYERS           175

FIGURE 52         HILLENBRAND, INC. (COPERION GMBH): COMPANY SNAPSHOT        180

FIGURE 53         HOSOKAWA MICRON GROUP: COMPANY SNAPSHOT    187