Coating Equipment Market Worth US$27.7B By 2023

The powder coating equipment segment is projected to grow at the fastest rate during the forecast period.

The coating equipment market in the aerospace industry is projected to witness the highest growth during the forecast period. Strong growth of the aerospace industry coupled with the development of new aerospace coatings is expected to drive the demand for coating equipment in this segment.

APAC is projected to be the fastest-growing coating equipment market.