Global Paint Booth Industry (2020 to 2027) - Market Trajectory & Analytics
Dublin, May 13, 2021 (GLOBE NEWSWIRE) -- The "Paint Booth - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Paint Booth estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 3.9% over the period 2020-2027.
Automotive, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Automotive segment is readjusted to a revised 2.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $526.2 Million, While China is Forecast to Grow at 3.6% CAGR
The Paint Booth market in the U.S. is estimated at US$526.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$413.8 Million by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Select Competitors (Total 34 Featured):
ABB Ltd.
Airblast Eurospray
Blowtherm USA
Durr AG
Eisenmann SE
FANUC Corp.
Giffin, Inc.
Global Finishing Solutions LLC
Kawasaki Heavy Industries Ltd.
Nordson Corp.
Nova Verta International SpA
RelyOn Technologies
Standard Tools and Equipment Co., Inc.
Staubli International AG
YASKAWA Electric Corp.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 34
For more information about this report visit https://www.researchandmarkets.com/r/2vpbzs
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