APEJ to Accumulate Majority Chunk of Revenue Pie in Global Paint Booth Market – Fact.MR Study


250 Pages Paint Booth Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.

The report offers actionable and valuable market insights of Paint Booth. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Paint Booth Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Paint Booth market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Paint Booth

industrial paint booth market

This newly published and insightful report sheds light on Market Insights of Paint Booth, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Paint Booth Market.

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Key Segments of the Paint Booth Market

Fact.MR’s study on the Paint Booth market offers information divided into two key segments-product, and end use across six major regions. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Product

  • Cross draft Paint Booth
  • Semi Downdraft Paint Booth
  • Side Draft Paint Booth
  • Downdraft Paint Booth
  • Open Face Paint Booth
  • Bench Paint Booth

End Use

  • Automotive
  • Industrial
  • Aerospace
  • Construction & Agriculture
  • Others

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East & Africa (MEA)

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Acquisitions to Inject Growth as Market Rebounds

The global Paint Booth market is highly consolidated. Leading manufacturers are focusing on mergers and acquisitions in order to stimulate growth in the global market. For instance, in June 2017, the U.S.-based manufacturer, Col-Met Engineered Finishing Solutions, acquired RP Paint Arrestors, and with this acquisition, the company achieved product portfolio expansion.

Key Comapnies Profiled

  • Accudraft
  • Spray Systems Inc.
  • Global Finishing Solutions LLC
  • Standard Tools and Equipment Co. Inc.
  • RelyOn Technologies
  • Airblast Eurospray
  • Nova Verta International SpA
  • CELIBER Cabinas y Bancadas, S.A.
  • Rohner
  • Epcon Industrial Systems LP
  • Dürr AG
  • Eisenmann SE.

Key Takeaways of Paint Booth Market Study

  • The global Paint Booth market is anticipated to create an absolute $ opportunity of more than US$ 178 Mn by the end of the forecast period (2020 – 2030).
  • By product type, downdraft paint booth segment is anticipated to accumulate the majority share in terms of value, growing at a value CAGR of 2.5% during the forecast period.
  • In the end user segment, the automotive industry is projected to show sluggish growth, poised to create an absolute $ opportunity of more than US$ 76.4 million by the end of forecast period.
  • Asia Pacific Excluding Japan (APEJ) is projected to create an absolute $ opportunity of more than US$ 78 million and  is expected to hold 41.1% market share in terms of value in the global Paint Booth market by the end of the forecast period.

“The downtrend witnessed in end-use sectors amid COVID-19 pandemic is projected to hinder growth of the global Paint Booth market in near future. However, in the long run, when the leading countries regain economic stability, the market will gain moderate traction” says a Fact.MR analyst.

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Key Question answered in the survey of Paint Booth market report:

  • Sales and Demand of Paint Booth
  • Growth of Paint Booth Market
  • Market Analysis of Paint Booth
  • Market Insights of Paint Booth
  • Key Drivers Impacting the Paint Booth market
  • Which are the Key drivers impacted by Paint Booth market
  • Restraints Shaping Market Growth
  • Market Survey of Paint Booth

More Valuable Insights on Paint Booth Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Paint Booth, Sales and Demand of Paint Booth, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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