Powder Coating Equipment Market Is Expected To Reach USD 1.58 Billion By 2030
The global powder coating equipment market size was USD 1.20 Billion in 2021 and is expected to register a revenue CAGR of 3.1% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is primarily driven by growing use of powder coatings in diverse applications including automobiles, construction, home appliances, and furniture. Powder coating equipment assures highest quality of powder coatings to guarantee superior finishes and extended durability. The automotive industry uses powder coating ovens for treating mechanical components and partially-fabricated vehicles. This equipment enables manufacturers to increase service life of mechanical parts and maintain uniformity of exterior bodywork. In addition, growing number of companies are using these vehicles to replace conventional spray-painting methods on automobile exteriors, reducing surface irregularities caused by liquid paints flowing from panels. Powder coating ovens...