Global Coating Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Liquid Coating Equipment, Powder Coating Equipment, and Specialty Coating Equipment

By Coating Technology;

Spray Coating, Roller Coating, Brush Coating, and Dipping Coating

By Distribution Channel;

Wholesale Distributor and Retail Distributor

By End Use Industry;

Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn656148222 Published Date: May, 2025 Updated Date: June, 2025

Coating Equipment Market Overview

Coating Equipment Market (USD Million)

Coating Equipment Market was valued at USD 20,104.21 million in the year 2024. The size of this market is expected to increase to USD 39,678.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.


Global Coating Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.2 %
Market Size (2024)USD 20,104.21 Million
Market Size (2031)USD 39,678.77 Million
Market ConcentrationLow
Report Pages374
20,104.21
2024
39,678.77
2031

Major Players

  • Nordson Corporation
  • Ineos Group
  • Dow Inc.
  • Tosoh Corporation
  • IHI Corporation
  • OC Oerlikon Corporation AG
  • SATA GmbH & Co. KG
  • Graco Inc.
  • Anest Iwata
  • Asahi Sunac Corporation
  • J. Wagner GmbH
  • Carlisle Companies
  • Wiwa Wilhelm Wagner GmbH
  • Tritech Industries, Inc.
  • Larius
  • Titan Tool
  • Ningbo Dino-Power Machinery
  • Ingersoll-Rand
  • W.I.T. S.R.L.
  • Han Shin Painting System
  • Exel Industries

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Coating Equipment Market

Fragmented - Highly competitive market without dominant players


The coating equipment market is gaining strong momentum, driven by increasing usage in industries such as automotive, electronics, and manufacturing. These sectors rely heavily on advanced coating systems to enhance surface protection, longevity, and visual appeal. Notably, around 40% of total equipment usage stems from automotive applications, emphasizing this sector’s pivotal role in market growth.

Sustainability Driving Equipment Choices
Eco-conscious manufacturing practices are increasingly influencing equipment selection. The demand for environmentally sustainable coating systems those compatible with low-emission materials and energy-saving technologies is on the rise. More than 30% of current installations prioritize eco-friendly features, reflecting a clear move toward greener production standards.

Innovation Through Smart Technologies
Technological advancements are reshaping the coating equipment landscape, with integrated IoT connectivity, AI-driven controls, and real-time monitoring becoming standard in many setups. Approximately 25% of the latest systems now offer smart functionalities, enhancing process optimization, maintenance scheduling, and overall productivity.

Market Outlook and Investment Trends
Continued investment in modern manufacturing infrastructure and regulatory encouragement for advanced production techniques are fueling market expansion. Over 60% of industrial users are planning to upgrade their coating equipment, signaling strong forward momentum and reinforcing the market’s growth potential in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Coating Technology
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Coating Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization
        2. Urbanization
        3. Technological Advancements
        4. Environmental Regulations
      2. Restraints
        1. High Initial Investment
        2. Complex Maintenance Requirements
        3. Stringent Environmental Regulations
        4. Volatile Raw Material Prices
      3. Opportunities
        1. Technological Innovations
        2. Eco-friendly Coatings
        3. Automotive Industry Growth
        4. Aerospace Sector Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Coating Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Liquid Coating Equipment
      2. Powder Coating Equipment
      3. Specialty Coating Equipment
    2. Coating Equipment Market, By Coating Technology, 2021 - 2031 (USD Million)

      1. Spray Coating

      2. Roller Coating

      3. Brush Coating

      4. Dipping Coating

    3. Coating Equipment Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Wholesale Distributor
      2. Retail Distributor
    4. Coating Equipment Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Aerospace
      3. Industrial
      4. Building & Infrastructure
      5. Others
    5. Coating Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nordson Corporation
      2. Ineos Group
      3. Dow Inc.
      4. Tosoh Corporation
      5. IHI Corporation
      6. OC Oerlikon Corporation AG
      7. SATA GmbH & Co. KG
      8. Graco Inc.
      9. Anest Iwata
      10. Asahi Sunac Corporation
      11. J. Wagner GmbH
      12. Carlisle Companies
      13. Wiwa Wilhelm Wagner GmbH
      14. Tritech Industries, Inc.
      15. Larius
      16. Titan Tool
      17. Ningbo Dino-Power Machinery
      18. Ingersoll-Rand
      19. W.I.T. S.R.L.
      20. Han Shin Painting System
      21. Exel Industries
  7. Analyst Views
  8. Future Outlook of the Market