Global Powder Coating Equipment Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Powder Coating Equipment industry revenue is expected to be around $2.9 billion in 2025 and expected to showcase growth with 9.2% CAGR between 2025 and 2034. The growth of the powder coating equipment industry is driven by a mix of factors such as advancements and the rising need for durable finishes, across different sectors.
Powder coating machinery comprises tools utilized to evenly apply a dry finishing technique to surfaces. The main aspects include producing an long lasting coating that surpasses traditional painting methods. This technique finds use in industries like automotive, maintenance and construction equipment, aerospace and manufacturing equipment. Several modern developments such as automated powder coating setups the incorporation of technology for improved effectiveness and accuracy and advancements, in the curing process are influencing the evolution of the powder coating equipment sector.
Market Key Insights
- The Powder Coating Equipment market is projected to grow from $2.6 billion in 2024 to $6.3 billion in 2034. This represents a CAGR of 9.2%, reflecting rising demand across Automotive Industry, Household Appliances and Architectural And Construction Industry.
- Nordson Corporation, Hangzhou Color Powder Coating Equipment Co Ltd, Gema Switzerland GmbH are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Powder Coating Equipment market and are expected to observe the growth CAGR of 6.7% to 9.7% between 2024 and 2030.
- Emerging markets including Vietnam, Indonesia and Brazil are expected to observe highest growth with CAGR ranging between 8.8% to 11.5%.
- Transition like Advancements in Technology is expected to add $164 million to the Powder Coating Equipment market growth by 2030.
- The Powder Coating Equipment market is set to add $3.7 billion between 2024 and 2034, with manufacturer targeting Aerospace & Industrial Goods Applications projected to gain a larger market share.
- With Rising demand in the automobile industry, and Industrial advancement in protective and marine coatings, Powder Coating Equipment market to expand 141% between 2024 and 2034.