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Global surface treatment equipment market is expected to reach $19 billion 330 million in 2021

Article source:The station Upload time:2017-02-24

Surface treatment equipment market is expected to reach $19 billion 330 million in 2021, the compound annual growth rate of 2016 to between 2021 to 5.8%. Customer demand for rapid delivery of products is increasing, requiring a shorter warranty period, as well as requiring excellent surface treatment, which may be the cause of the market growth.
Customer demand for customized surface treatment equipment is also increasing in the automotive industry, transportation and aerospace industries. These industries provide opportunities for surface treatment equipment. They continue to develop new advanced equipment to meet the diverse needs of customers. The new technology of surface treatment equipment nowadays can not only make the whole surface treatment process accelerated, also ensure that the coating can be a long time to maintain the original.
The Asia Pacific region is the largest market for surface treatment equipment. China accounted for the largest proportion of the region's market, followed by Japan and India.