The global industrial paint booth market report shares findings on the growth trajectory of the industry over a few years. In a latest research report published by Fact.MR on the industrial paint booth market, the market has been comprehensively analyzed for the timeline of 2018 to 2028. The report provides key insights of the industrial paint booth market for the forecast period and offers a deep dive into the segmental analysis, which is instrumental in gauging the overall growth potential of industrial paint booth market. Fact MR’s latest report on industrial paint booth market offers an exclusive coverage of all aspects emerging as predominant pacesetters of the global market growth. Rising clamor across industrial ecosystems to incorporate a controlled environment for paint applications has been cited as a key growth catalyst of the industrial paint booth market. These insights are compiled in a latest Fact.MR research that offers fact-based insights on the growth trajectory of industrial paint booth market. According to the report, the volume sales of industrial paint booth is likely to approach 126,968 units by 2018-end, with a positive upsurge from 122,525 units in 2017.
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Crossdraft Competes Head On With Downdraft, Gains Advantage Due to Easy Installation
Minimum maintenance entailed with easy installation makes crossdraft paint booths makes it a top-selling variant, with estimated volume sales worth 37,909 units by 2018-end. Though downdraft paint booth is widely recognized as the ‘state-of-the-art’ in high quality finishing jobs, crossdraft paint booths is steadily overshadowing the former in terms of volume sales, owing to the cost-effectiveness and convenience offered.
The report also cites that installation rate of industrial paint booth in the automotive industry is an all-time high. This can be gauged by the fact that the automotive remains the largest and most promising end user industry with regard to volume sales, both in 2017 as well as 2018. Industrial remains the second-largest end user application segment, with large-scale use of paint booth for paint spraying and coating applications.
“High reliability on productive and innovative booths is evolving as an overarching trend in the industrial paint booth market. This trend is further persuading manufacturers to proactively invest in R&D and craft well-furbished booths with technologically advanced attributes.” Senior Analyst, Fact.MR
The key differential strategies of stakeholders of the industrial paint booth market have been studied in detail in the research study, strengthening their footprint amid the competitive market space. Manufacturers of industrial paint booth are offering custom based booths tailored to the unique product requirements of the end users, finds the report. Moreover, key companies operating in the market space have been observed to enter into strategic partnerships with OEMs with an objective of expansion at a global scale. Moreover, manufacturers are also leveraging the potential of technologies, such as AutoCAD, to scale up the product efficiency and performance.
The industrial paint booth market has been segmented on the basis of region, product type, and end-user. By product type, the industrial paint booth market has been classified as crossdraft paint booths, semi downdraft paint booths, side draft paint booths, downdraft paint booths, open face paint booths, and bench paint booths.
Industrial Paint Booth Market- Competitive Landscape
The report on industrial paint booth market offers a comprehensive analysis of the profiles of all leading market players. The report on industrial paint booth market incorporates a dashboard view of industrial paint booth market players with details of their recent product innovations in the industrial paint booth market. Global expansion remains the key focal point of all the aspiring players in the industrial paint booth market, resulting in partnerships with OEMs, mergers, acquisitions, and collaborations.
Accudraft (SAIMA of North America Inc.), a leading player in the industrial paint booth market, entered into a strategic partnership with Spartan RV & Marine in Northeast Georgia, in 2017, for business expansion and improvement.
Global Finishing Solutions (GFS), a key player in the industrial paint booth market, expands its aftermarket service and support capabilities. This strategic move is to offer exceptional service and extended support to customers and distribution partners.
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