Coating Machines Market: Introduction
Coating is layer applied on the surface of an object, the purpose of the coating is to make the object durable, decorative, functional or to protect the object which are used for various types of coatings on the various types of objects ranging from metal to non-metal types. Coating machines are used for film coating, formulation coating, plastic coating, nano-coatings and UV coatings and for various other types of coating. Coating Machines are extensively used in industries such as pharmaceuticals, paints, textile, automotive etc. Apart from the existing industrial sectors, coating machines have also found in new areas of application such as nanotechnology. The configuration of coating machines differs from one industry to another based upon the set of processes involved.
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Coating Machines Market: Dynamics
With the varied scope in end use industries including used in Paints, Plastics, Textiles, Pharmaceuticals, Automotive, Electronics, Glass, Ceramics, Paper and Printing, the Coatings Machines Market is expected to witness a fair share of growth during the forecast period. The coating machines market is also expected to witness significant growth from the pharmaceutical industry in particular.
With the continuous development in the field of nanotechnology in recent times, there will be increase in the use of coating machines in the said field thus leveraging its end use. Also, the sustained need for coating in the paint, plastic and textile industries is increasing and is projected to augment the demand for coating machines.
The growing construction industry and infrastructural development has led to the substantially increasing demand for the materials like glass, ceramics and paints. As coating provides durability and safety to these materials along with making it decorative which gives it an additional value, therefore importance of coating has also increased for the same thus creating additional growth opportunities for the of coating machines market.
Coating Machines Market: Segmentation
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Coating Machines Market: Regional Outlook
As there is growth in construction industries in the regions of Latin America, China, India, Southeast Asia and Pacific there is increase in the use coatings in construction industry which make these regions potential market for Coating machines. Regions like North America, Europe and Japan are focused on Infrastructural development which makes them a strong market for coating machines due to the need of coatings in infrastructure.
Looking at the growth of pharmaceutical and electronic industries in the regions Latin America, Europe, China, India, Middle East and Africa, Southeast Asia and Pacific there will be growth in the use of Coating machines in these regions. Considering the impact of coatings on the major industries across world the growth coating machines is expected to be global.
Coating Machines Market: Key Players
Some of the global participants in the Coating machines market are:
- APL Machinery Pvt Ltd.
- LACOM
- Toray Engineering Co. Ltd
- Thank Metal
- HU Grunig
- Sanity Co.
- Krishna Engineering Works
- DNK Pharmatech
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