07-Oct-2024 | Zion Market Research
According to analysts at Zion Market Research, the global coatings and application technologies for robotics market are projected to show a large growth rate in the forecasted period (2024–2032). As per Zion Market Research report, global demand for coatings and application technologies for robotics market was valued at approximately USD 1382.9 Million in 2023. The market is forecast to reach USD 2454 Million by 2032, growing at a compound annual growth rate (CAGR) of 6.58% during the forecast period 2024-2032.
Some of the key players in the market are Axalta Coating Systems, Akzo Nobel N.V., The Sherwin Williams Company, PPG Industries, The Lubrizol Corporation, HMG Paints Limited, U.S. Paint Corporation, Yashm Paint and Resin Industries, Bernardo Ecenarro SA, Kansai Paint Co. Ltd., Sheboygan Paint Company, Nippon Paint Holdings Co., Ltd., Alps Coating Sdn. Bhd., Beckers Group, WEG SA, NOROO Paint and Coatings Co., Ltd., Tikkurila, and Reichhold LLC.
The Water Borne Coating Technology Section To Boost The Global Coatings and Application Technologies Robotics Market
In the coating technology type, the waterborne section is likely to show outstanding market valuation by 2026. This section ruled the global market in regards to volume & value during 2015–2016 and is likely to maintain its position throughout the forecasted period. The water borne section is anticipated to expand at a strong rate during the estimated period. This sector is likely to lead the global coatings and application technologies for robotics market in the future. The water borne coating technology is widely utilized to separate resins that are utilized in making paints. These are extensively used in different applications owing to their shiny finish and protection against corrosion.
The global coatings and application technologies robotics market is bifurcated on the basis of type, applications, and regional analysis. Based on the type, the market is divided into resin, coating technology, and coating layer. The resin segment is sub-divided into acrylics, polyurethanes, alkyd, epoxy, and polyester. The coating technology segment is sub-divided into water borne, solvent borne, UV cure, and powder. The coating layer segment is sub-divided into base coat, primer, clear coat, and top coat. Based on the application, the market is divided into agriculture, mining, healthcare, manufacturing, and construction.
Japan To Witness Massive Growth In The Global Coatings and Application Technologies Robotics Market
Based on geographical analysis, the global coatings and application technologies robotics market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The Japan region is exceedingly attractive for the deployment of coatings and application technologies in robotics. The market across this region is likely to attain a value of over US$ 648 million by 2025. In contrast, the Asia Pacific region excluding Japan is anticipated to show high development in this market.
Browse the full “Coatings and Application Technologies for Robotics Market Type of Resin (Polyurethanes, Acrylics, Alkyd, Epoxy, and Polyester), Coating Layer (Primer, Base Coat, Top Coat, and Clear Coat), Coating Technology (Solvent Borne, Powder, UV Cure and Water Borne), End-Users (Healthcare, Agriculture, Construction, Mining, and Manufacturing): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/coatings-application-technologies-robotics-market
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