Painting tools market to witness remarkable gains from the automotive applications, spray guns to prominently drive the product landscape
Considering the remarkable contribution of paints & coatings across myriad industrial domains, painting tools market is gaining popularity across the construction, automotive, packaging, and wood coatings sectors to fulfil the requirement of aesthetics via paint application. The advent of automation and the numerous technological advancements coming to the fore by the day have led to the introduction of improved painting techniques. For instance, various automotive giants have of late, attempted to implement robot assisted paint shops, subject to the complications arising in the manual painting process. In addition, robotic painting also reduces the elements of excess labor and toxicity, owing to which companies have been trying to invest in and commercialize robots for industrial painting, thereby augmenting painting tools market share. Such advancements in the operational processes may lead to an increase in productivity and enable convenient utilization of painting techniques, thereby boosting painting tools industry outlook over the years ahead.
North America Painting Tools Market, By Product, 2018 & 2025, (USD Million)
Growing industrialization and urbanization across the various regions of the globe are likely to fuel the demand for painting tools. Brushes, rollers, gun sprays, etc., are some of the crucial and commonly used painting tools. Various regional governments and private organizations across the globe have been investing heavily in infrastructure developments, subject to the requirement for paints that will prevent chemical attacks, abrasion, and enable protection from UV rays. Nowadays, different types of coatings are available for different kinds of surfaces, which necessitates the requirement of various types of tools. Increasing usage of paints is thus, likely to favor global paints and coatings market, and by extension, will impel painting tools industry share noticeably.
Painting tools market share from construction applications is predicted to witness a CAGR of 6% over 2019-2025, owing to the increasing industrialization and escalating housing need of the rapidly growing population. As per Global Market Insights, Inc., “Worldwide painting tools market will generate a revenue of more than USD 15 billion by 2025.”
Apart from the construction, the product finds applications in the automotive sector as well. Various automotive manufacturing companies such as Audi, Volkswagen, Opel, BMW, and Mercedes-Benz have been using painting tools to improve the appearance of the vehicle via painting. The products are prominently used across Europe, since the region has a strong base of automotive giants. Statistics claim Europe painting tools industry to have garnered a revenue of USD 2 billion in 2018.
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Industrial painting is a rather complex process and requires the usage of highly efficient tools. Painting tools industry giants have been focusing on development of eco-friendly and efficient spraying tools of late, to ease the process of painting. In fact, the electrostatic manual spray gun is one of the emergent technological advancements in spraying tools. With the introduction of new advanced materials such as the Graco designed FRP based spray gun, which is light, reliable, and low maintenance, the complications in the painting process for automobiles has considerably been reduced. Reportedly, spray guns held more than 20% of the painting tools product landscape in 2018, largely driven by their applications in automotive sector.
Industry giants are engaging in strategic collaborations and mergers & acquisitions to widen their customer base across numerous geographies. The key players in painting tools market are Braun Brush Co., Gordon Brush, Richard Tools, EPOS Egypt, Dura Paints, Purdy®, Milton Brushware, MAAN, Mill-Rose Company, Nespoli Group S.p.A, USA Tools, Anderson Products, Shawky Brush & Roller Factory, Harbor Freight Tools, Makinah, and Allway Tools, Inc.
Author Name : Sunil Hebbalkar
U.S. baghouse filters market for woodworking industry to produce massive income via lumber applications over 2016-2024, Texas to majorly push the regional demand
Strict norms enforced by NFPA and OSHA regarding the health of the workers in hazardous worksites will spur U.S. Baghouse Filters Market expansion for woodworking sectors. U.S wood products industry, worth USD 70 billion in 2015, is expected to massively influence the business trends. In addition, this product is witnessing an escalated demand from the construction sector, which is expected to generate profitable avenues for the business in the near future. According to Global Market Insights, Inc.,” U.S. baghouse filters industry size for woodworking segment is anticipated to cross a revenue of USD 85 million by 2024, registering a CAGR of more than 4% over 2016-2024.”
U.S. Baghouse Filters Market Share for Woodworking Industry, By Product, 2016
Taking into consideration the regional trends, Utah baghouse filters industry size for the woodworking sector across the furniture & fixture applications will grow at a CAGR of more than 4% over the coming seven years. Rise in infrastructural funding coupled with the escalating popularity of smart & cost-effective furniture in residential and commercial complexes in the region will augment the U.S. baghouse filters market expansion for woodworking industry.
U.S. baghouse filters market revenue in California from the architectural woodworking sector is expected to grow notably over the coming years. It is expected to make remarkable contributions toward the overall U.S. baghouse filters industry size for woodworking sector, on account of the rising customer expenditure on renovation activities and interior design.
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U.S. baghouse filters market share for woodworking segment in Florida is expected to record gains of more than 3.5% over the coming timeline, subject to the elevated presence of lumber producing firms across the region. Texas is also set to contribute more than USD 3.5 million toward U.S. baghouse filters market size for woodworking industry by 2024. Growing customer preference for fashionable furniture is projected to push the regional growth.
Pennsylvania industry is expected to make major contributions toward U.S. baghouse filters market share for woodworking industry. Rising awareness regarding the harmful effects of copious amount of dust released during woodworking processes along with modernizations in techniques of wood sawing, milling, and cutting will push the regional growth.
Baghouse filters find varied applications in flooring, veneer, cabinetry, architectural woodworking, lumber, industrial woodworking, windows & doors, composite panels, and furniture & fixtures. U.S. baghouse filters industry revenue for the woodworking sector in lumber applications is expected to surpass USD 20 million by 2024, owing to the large presence of saw mills coupled with easy transport access and efficient distribution channels.
Cabinetry applications are expected to grow at a CAGR of more than 4% over 2016-2024 and are expected to contribute significantly towards U.S. baghouse filters industry size for woodworking sector over the coming years. Extensive product use in construction and repairing activities will accelerate the growth. U.S. baghouse filters market for woodworking industry in veneer applications is anticipated to grow at a CAGR of more than 3.5% over the coming seven years.
Shaker, pulse jet, and reverse air are the major baghouse filter products. Reverse air baghouse filters are expected to generate more than USD 45 million revenue for U.S. baghouse filters market by 2024. The growth can be ascribed to the product’s ability to effectively carry out operations under intensive heat.
Pulse jet baghouse filters will contribute a revenue of more than USD 25 million toward U.S. baghouse filters market for woodworking industry by 2024. Wide product application across furniture manufacturing and veneer sectors are expected to boost the growth. Design and operational excellence of shaker baghouse filters are expected to contribute toward the overall market share.
Market players will try to enhance their ROI through product differentiation, new product development, and technological innovations. Clarcor Industries, Amerair Industries Incorporation, Griffin Filters, Aircon Corporation, Donaldson Company Incorporation, Airex Industries Incorporation, FLSmidth Incorporation, Nederman MikroPul GmbH, Imperial systems Incorporation, SLY Incorporation, U.S. Air Filtration Incorporation, Staclean Diffuser Company, Camcorp Incorporation, Mac Process, and Scientific Dust Collectors are the key participants of U.S. baghouse filters industry.
Author Name : Dhananjay Punekar