NEW
YORK, July 5, 2024 /PRNewswire/ -- The global
spray gun market size is estimated to grow by USD 229.8 million from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
3.2% during the forecast period. Growing paints and
coatings market is driving market growth, with a trend
towards leveraging e-commerce to increase market penetration.
However, adverse effects of paints and coatings on health and
environment poses a challenge. Key market players include
3M Co., ANEST IWATA Corp., Asahi
Sunac Corp., Bullows Paint Equipment Pvt. Ltd., Carlisle Companies
Inc., Everest Industrial Corp., Fuji Industrial Spray Equipment
Ltd., Graco Inc., J Wagner GMBH, JMD International, Ningbo Lis
Industrial Co. Ltd., Nordson Corp., Prowin Tools Co., SATA GmbH and
Co. KG, Sindhu Enterprises, Technochem Industries, V. R. Coatings
Pvt. Ltd. , Willson Enterprise, Zhejiang Auarita Pneumatic
Tools LLC, and Zhejiang Rongpeng Air Tools Co. Ltd..
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Spray Gun Market
Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
3.2%
|
Market growth
2024-2028
|
USD 229.8
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
3.07
|
Regional
analysis
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 33%
|
Key
countries
|
US, China, India,
Germany, and Canada
|
Key companies
profiled
|
3M Co., ANEST IWATA
Corp., Asahi Sunac Corp., Bullows Paint Equipment Pvt. Ltd.,
Carlisle Companies Inc., Everest Industrial Corp., Fuji Industrial
Spray Equipment Ltd., Graco Inc., J Wagner GMBH, JMD International,
Ningbo Lis Industrial Co. Ltd., Nordson Corp., Prowin Tools Co.,
SATA GmbH and Co. KG, Sindhu Enterprises, Technochem Industries, V.
R. Coatings Pvt. Ltd. , Willson Enterprise, Zhejiang Auarita
Pneumatic Tools LLC, and Zhejiang Rongpeng Air Tools Co.
Ltd.
|
Market Driver
The global spray gun market has yet to fully embrace
technological advancements and e-retailing. However, with the
significant rise in e-commerce sales, particularly in developing
and underdeveloped countries, vendors and suppliers in various
industries are seizing this opportunity. The expanding internet
penetration and mobile app usage are driving B2B and B2C
transactions, creating a vast market for spray gun manufacturers
and distributors. Advanced technologies, such as GPS and secure
payment gateways, are attracting more consumers to shop online. To
expand their customer base, spray gun vendors and distributors are
increasingly selling their products on e-commerce platforms like
Amazon and eBay. The convenience of easy payment, packaging, and
tracking options offered by e-commerce is expected to attract more
buyers and vendors during the forecast period. This shift towards
online sales channels will significantly contribute to the growth
of the global spray gun market.
The Spray Gun market is thriving in sectors like Construction
and Manufacturing, with applications in Wood, Metal, Stone, Fabric,
and more. Airless spray guns and electrostatic technology lead
trends. The Automotive sector and Luxury furnishing products
utilize external power sources. Nitrogen spray guns and manual,
automatic, and water spray guns cater to various industries.
Aerospace and painting sectors prioritize durability and
aesthetics. Paint spray guns offer quick, blemish-free surface
finishes, while touchless processes reduce health hazards.
Hospitals and production lines use robotic arms for efficient
painting. Versatility, affordability, and training are essential
factors. Weaknesses include the need for raw materials and
potential health risks. Automobile and building construction
sectors drive demand. Urbanization fuels growth in consumer
durables and quick painting solutions. Microprocessor-based
controls, flow regulators, and airbrushes enhance functionality.
The Motor Grader market also relies on spray guns for paint
application.
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Market Challenges
- The global spray gun market may face challenges due to the
health and environmental concerns associated with the harmful
chemicals used in paints and coatings. Isocyanates, solvents, and
pigments, commonly found in these products, can negatively impact
air quality and pose health risks. Isocyanates, for instance, are
hazardous to humans, even in small quantities, causing occupational
asthma and other respiratory issues. Approximately 5-20% of the
global population is allergic or sensitized to isocyanates.
Exposure to these chemicals can lead to symptoms such as itchy
eyes, skin rashes, and difficulty breathing. Although not everyone
may be allergic, continuous exposure can lead to permanent lung
damage and respiratory problems. Workers using spray guns for
coating and painting tasks are particularly vulnerable to these
health risks, potentially hindering the growth of the global spray
gun market.
- The Spray Gun market faces several challenges in various
industries like Aerospace and automotive. Durability and aesthetics
are key concerns in painting applications. Traditional tools like
paint brushes and rollers are being replaced by touchless spray
guns for quicker production and blemish-free surface finishes.
However, the initial investment and training costs are high. Health
hazards from paint fumes and air quality are concerns in hospitals
and production lines. Robotic arms and HVLP (High Volume Low
Pressure) segments are gaining popularity for their versatility and
affordability. The automobile sector demands high-quality paint
jobs, leading to the need for quick painting and
microprocessor-based controls. In the building construction sector,
spray guns offer quicker application and cleanability. Weaknesses
include the need for raw materials, maintenance of airhead and
nozzle, and air pressure regulation. Onkar
Sumant, a leading player, offers a range of spray guns with
flow regulators and microprocessor-based controls. The motor grader
market also uses spray guns for Calcimine application.
Environmental goals require the use of eco-friendly paints and
efficient spraying techniques. The HVLP segment is expected to grow
due to its ability to provide a consistent spray pattern and
reduced overspray. The automotive segment's demand for quick
painting and blemish-free surface finish is driving the market.
Airbrushes are also gaining popularity for their ability to create
intricate designs. Air quality and paint tank capacity are crucial
factors in choosing the right spray gun. Air pressure and
environmental goals are also important considerations.
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Segment Overview
This spray gun market report extensively covers market
segmentation by
- Product Type
- 1.1 HVLP
- 1.2 Airless
- 1.3 Pneumatic
- 1.4 Electrostatic
- 1.5 LVLP
- Type
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 HVLP- The spray gun market is a significant
segment in the coatings industry. Companies manufacture and sell
various types of spray guns for different applications, such as
automotive, industrial, and architectural coatings. Key players
include Graco, Wagner, and DeVilbiss. Sales volume depends on
factors like product innovation, customer demand, and economic
conditions. Companies invest in research and development to launch
new products and expand their market share. Competition is intense,
requiring effective marketing strategies and efficient production
methods.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
The spray gun market encompasses a wide range of applications
across various industries, including wood, metal, stone, and
fabric. Two primary types of spray guns dominate the market:
Airless and electrostatic. Airless spray guns use compressed air to
propel paint, while electrostatic guns create an electric charge to
attract paint particles. Both types offer advantages, such as time
efficiency, durability, and improved aesthetics compared to
traditional tools like paint brushes and rollers. Spray guns are
used in production lines, automotive, aerospace, and other sectors
for large-scale painting projects. They come in manual, automatic,
and water varieties, with nitrogen spray guns used for specific
applications like powder coating. Durability, versatility,
affordability, and training are essential factors in choosing the
right spray gun. However, health hazards associated with paint
fumes and overspray are weaknesses that need to be addressed
through proper safety measures.
Market Research Overview
The Spray Gun market encompasses a wide range of applications
across various industries, including Construction and
Manufacturing, Automotive, Aerospace, and Luxury Furnishing. These
guns are used to apply a diverse range of materials such as paint,
coatings, and adhesives on Wood, Metal, Stone, Fabric, and other
surfaces. There are several types of spray guns available in the
market, including Airless, Electrostatic, Manual, Automatic, Water,
and Nitrogen spray guns. Durability and aesthetics are crucial
factors in the choice of spray guns for different applications. The
Automotive sector often uses external power sources
and touchless processes for vehicle painting, while the
Construction and Manufacturing sector may prefer manual or
automatic guns for painting production lines or building
structures. Spray guns offer advantages such as quick painting,
blemish-free surface finish, and cleanability. However, they also
come with challenges like health hazards, affordability, and the
need for training. Weaknesses include the requirement for raw
materials, maintenance of air quality, and environmental goals. The
market for spray guns includes various segments such as HVLP (High
Volume Low Pressure), HPLV (High Pressure Low Volume), and LVLP
(Low Volume Low Pressure). The market is driven by factors such as
urbanization, consumer durables, and the need for quick and
efficient painting processes. Accessories such as nozzles, paint
tanks, air pressure regulators, and microprocessor-based controls
are also essential components of the spray gun market. Companies
like Onkar Sumant, known for their
paint spray guns, offer a range of products catering to different
industries and applications. Calcimine and Motor Grader markets
also have a significant impact on the spray gun market due to their
applications in construction and manufacturing sectors. The Airless
spray gun segment holds a significant share in the market due to
its versatility and affordability. In conclusion, the Spray Gun
market is a dynamic and diverse industry that caters to various
applications and industries. Its growth is driven by factors such
as urbanization, consumer durables, and the need for quick and
efficient painting processes. The market offers a range of
products, from manual to automatic, and from water to nitrogen
spray guns, catering to different industries and applications. The
future of the market looks promising, with advancements in
technology and a growing demand for efficient and eco-friendly
painting solutions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product Type
-
- HVLP
- Airless
- Pneumatic
- Electrostatic
- LVLP
- Type
-
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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