Published On: Thu, May 25th, 2017

Rapid Advancement in Paint Spraying Equipment Market To See Significant Global Growth by 2026

Construction sector output, manufacturing industry output, construction industry spending and urbanization trend are some of the macro-economic drivers for the paint spraying equipment market.

With rapid technological advancement paint spraying equipment market is expected to represent substantial growth at a significant CAGR during the coming years by 2026.

Paint spraying equipment are mechanical devices that evenly coat a large surface with paint or other protective coating in lesser time than brush and rollers. Paints sprayer are not only used for painting woods but also many other products such as brick and metals. These equipments are also used in painting of various OEMs.

On the basis of product type, paint spraying equipment market is broadly segmented into Conventional Sprayers, High Volume Low Pressure Sprayers, Airless Sprayers and others.

While paint spraying equipment market is segmented on the basis of application into Light Commercial, Heavy Commercial, Moderate Commercial, General Metal Finishing, Wood Finishing, Plastic Finishing, Others.

Some of the keys  players in the market includes, Graco Inc, Hi Tec Spray, 3M, Binks, Exel Industries, SATA GmbH & Co, Oliver Technologies, and Fuji Industrial Spray Equipment Ltd.

Middle East and Africa construction industry has represented substantial growth in past few years and likely to continue the trend during the forecasted period as well, resulting in the increasing demand for paint spraying equipment market in the region.

Asia  Pacific region owing to the fast growing infrastructure in developing countries such as India, China and South Korea is expected to show a significant growth in the paint spraying equipment market.

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