As per Zion Market Research report, global demand for coatings and application technologies for robotics market was valued at approximately USD 1,071.74 Million in 2019, and is expected to generate revenue of around USD 1,681.96 Million by end of 2026, growing at a CAGR of around 6.7% between 2020 and 2026.
As per Zion Market Research report, global demand for coatings and application technologies for robotics market was valued at approximately USD 1,071.74 Million in 2019, and is expected to generate revenue of around USD 1,681.96 Million by end of 2026, growing at a CAGR of around 6.7% between 2020 and 2026.
Global Coatings and Application Technologies for Robotics Market: Overview
A coating is a layer of covering applied on the surface of an item, which is generally called a substrate. Coatings are usually applied for functional or decorative purposes or both. The global coatings and application technologies for robotics market is anticipated to gain popularity in the upcoming years due to the development of various industries, such as mining, construction, healthcare, manufacturing, etc.
Global Coatings and Application Technologies for Robotics Market: Growth Factors
The major growth driver in the global coatings and application technologies for robotics market is its extensive use for dispersing resins used for manufacturing paints. These coating and application technologies are used for their beneficial characteristics, such as ensuring protection against corrosion, giving a glossy finish, etc. Water borne coatings are anticipated to gain popularity in the upcoming years, due to their extensive use, as they enable dispersing of resins that are essential in manufacturing paints.
These coatings and application technologies cause pollution along with producing VOCs, which adversely affect the ozone layer, among factors, might hamper the growth of the global coatings and application technologies for robotics market.
Global Coatings and Application Technologies for Robotics Market: Segmentation
The global coatings and application technologies for robotics market can be divided based on the resin type, a coating layer, coating technology, and end-users. On the basis of the type of resin, the market for coatings and application technologies for robotics can be segmented into acrylics, polyurethanes, polyester, epoxy, and alkyd. Based on the coating layer, the coatings and application technologies for robotics market has been classified into top coat, base coat, clear coat, and primer. In terms of coating technology, the coatings and application technologies for robotics market is fragmented into powder, UV cure, water borne, and solvent borne. The end-users industries of the coatings and application technologies for robotics market are construction, manufacturing, mining, agriculture, and healthcare.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Global Coatings and Application Technologies for Robotics Market: Regional Analysis
In the Asia Pacific region, developed economies, like Japan, are projected to show good growth potential in the global coatings and application technologies for robotics market in the upcoming years. This is due to development of various industries, such as healthcare, construction, etc. The North American region is anticipated to hold a substantial share of the market for coatings and application technologies for robotics in future ahead owing to the extensive use of water borne coatings for dispersing resins in this region.
Global Coatings and Application Technologies for Robotics Market: Competitive Players
Some main participants of the global market for coatings and application technologies for robotics include Tikkurila, Reichhold, Alps Coating, WEG, NOROO Paint & Coatings, Beckers Group, Bernardo Ecenarro, Nippon Paint Holdings, Sheboygan Paint Company, Kansai Paint Company, U.S. Paint Corporation, Yashm Paint & Resin Company, The Lubrizol Corporation, HMG Paints, The Sherwin Williams Company, PPG Industries, Axalta Coating Systems, and AkzoNobel, among several others.
Coatings and Application Technologies for Robotics Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Coatings and Application Technologies for Robotics Market
FIG. 6 Global Coatings and Application Technologies for Robotics Market Attractiveness, By Type of Resin
FIG. 7 Global Coatings and Application Technologies for Robotics Market Attractiveness, By Coating Layer
FIG. 8 Global Coatings and Application Technologies for Robotics Market Attractiveness, By Coating Technology
FIG. 9 Global Coatings and Application Technologies for Robotics Market Attractiveness, By End-Users
FIG. 10 Global Coatings and Application Technologies for Robotics Market Attractiveness, By End-User
FIG. 11 Company Share Analysis, 2019
FIG. 12 Global Coatings and Application Technologies for Robotics Market Revenue Share, by Type of Resin, 2019 & 2026
FIG. 13 Global Coatings and Application Technologies for Robotics Market for Polyurethanes, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Coatings and Application Technologies for Robotics Market for Acrylics, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Coatings and Application Technologies for Robotics Market for Alkyd, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Coatings and Application Technologies for Robotics Market for Epoxy, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Coatings and Application Technologies for Robotics Market for Polyester, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Coatings and Application Technologies for Robotics Market Revenue Share, by Coating Layer, 2019 & 2026
FIG. 19 Global Coatings and Application Technologies for Robotics Market for Primer, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Coatings and Application Technologies for Robotics Market for Base Coat, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Coatings and Application Technologies for Robotics Market for Top Coat, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Coatings and Application Technologies for Robotics Market for Clear Coat, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Coatings and Application Technologies for Robotics Market Revenue Share, by Coating Technology, 2019 & 2026
FIG. 24 Global Coatings and Application Technologies for Robotics Market for Solvent Borne, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Coatings and Application Technologies for Robotics Market for Powder, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Coatings and Application Technologies for Robotics Market for UV Cure, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Coatings and Application Technologies for Robotics Market for Water Borne, Revenue (USD Million) 2016 - 2026
FIG. 28 Global Coatings and Application Technologies for Robotics Market Revenue Share, by End-Users, 2019 & 2026
FIG. 29 Global Coatings and Application Technologies for Robotics Market for Healthcare, Revenue (USD Million) 2016 - 2026
FIG. 30 Global Coatings and Application Technologies for Robotics Market for Agriculture, Revenue (USD Million) 2016 - 2026
FIG. 31 Global Coatings and Application Technologies for Robotics Market for Construction, Revenue (USD Million) 2016 - 2026
FIG. 32 Global Coatings and Application Technologies for Robotics Market for Mining, Revenue (USD Million) 2016 - 2026
FIG. 33 Global Coatings and Application Technologies for Robotics Market for Manufacturing, Revenue (USD Million) 2016 - 2026
FIG. 34 Global Coatings and Application Technologies for Robotics Market Revenue Share, by Region, 2019 & 2026
FIG. 35 North America Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 36 Europe Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 37 Asia Pacific Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 38 Latin America Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 39 The Middle-East and Africa Coatings and Application Technologies for Robotics Market Revenue, 2016 - 2026 (USD Million)
FIG. 40 Tikkurila Business Segment Revenue Share, 2018 (%)
FIG. 41 Tikkurila Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Coatings and Application Technologies for Robotics Market: Snapshot
TABLE 2 Drivers of the Coatings and Application Technologies for Robotics Market: Impact Analysis
TABLE 3 Restraints for the Coatings and Application Technologies for Robotics Market: Impact Analysis
TABLE 4 Global Coatings and Application Technologies for Robotics Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Coatings and Application Technologies for Robotics Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Coatings and Application Technologies for Robotics Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 7 North America Coatings and Application Technologies for Robotics Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 8 North America Coatings and Application Technologies for Robotics Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 9 U.S. Coatings and Application Technologies for Robotics Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 10 U.S. Coatings and Application Technologies for Robotics Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 11 U.S. Coatings and Application Technologies for Robotics Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 12 Rest of North America Coatings and Application Technologies for Robotics Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 13 Rest of North America Coatings and Application Technologies for Robotics Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 14 Rest of North America Coatings and Application Technologies for Robotics Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 15 Europe Coatings and Application Technologies for Robotics Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Coatings and Application Technologies for Robotics Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 17 Latin America Coatings and Application Technologies for Robotics Market Revenue, by Country, 2016 – 2026 (USD Million)
Coatings and Application Technologies for Robotics market is driven majorly by extensive use for dispersing resins that are used for manufacturing paints. Moreover, its beneficial characteristics including ensuring protection against corrosion, and giving a glossy finish, among others is driving the market growth.
According to Zion Market Research, global demand for coatings and application technologies for robotics market is expected to generate revenue of around USD 1681.96 Million by end of 2026, growing at a CAGR of around 6.7 % between 2020 and 2026.
Asia Pacific region is expected to be the fastest growing market over the forthcoming years is due to development of various industries, such as healthcare, construction, etc.
Some main participants of the global market for coatings and application technologies for robotics include Tikkurila, Reichhold, Alps Coating, WEG, NOROO Paint & Coatings, Beckers Group, Bernardo Ecenarro, Nippon Paint Holdings, Sheboygan Paint Company, Kansai Paint Company, U.S. Paint Corporation, Yashm Paint & Resin Company, The Lubrizol Corporation, HMG Paints, The Sherwin Williams Company, PPG Industries, Axalta Coating Systems, and AkzoNobel, among several others.
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