Canada markets open in 4 hours 28 minutes
  • S&P/TSX

    20,231.32
    +73.67 (+0.37%)
     
  • S&P 500

    4,246.59
    -8.56 (-0.20%)
     
  • DOW

    34,299.33
    -94.42 (-0.27%)
     
  • CAD/USD

    0.8211
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    72.25
    +0.13 (+0.18%)
     
  • BTC-CAD

    48,799.87
    +13.05 (+0.03%)
     
  • CMC Crypto 200

    996.09
    -14.52 (-1.44%)
     
  • GOLD FUTURES

    1,861.30
    +4.90 (+0.26%)
     
  • RUSSELL 2000

    2,320.07
    -6.07 (-0.26%)
     
  • 10-Yr Bond

    1.4990
    0.0000 (0.00%)
     
  • NASDAQ futures

    14,045.50
    +15.25 (+0.11%)
     
  • VOLATILITY

    17.27
    +0.88 (+5.37%)
     
  • FTSE

    7,176.32
    +3.84 (+0.05%)
     
  • NIKKEI 225

    29,291.01
    -150.29 (-0.51%)
     
  • CAD/EUR

    0.6767
    +0.0002 (+0.03%)
     

$1.8 Billion Worldwide Paint Booth Global Market to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

·2 min read

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/i8yrn9

View source version on businesswire.com: https://www.businesswire.com/news/home/20210512005527/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900