Spray Gun Market

Global Spray Gun Market

  • CM-5326
  • 4.9 Rating
  • 208 Pages
  • 10-03-2023
  • 65 Reviews
  • PDF Excel PPT
Raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Rucha

Editor :

Rucha Phatak

Spray Gun Market Outlook

The global spray gun market was valued at USD 1,295.8 million in 2021 and is projected to reach USD 2,098.6 million by 2030, expanding at a CAGR of 5.5% during the forecast period. A spray gun is a device consisting of a container from which paint or other liquid is sprayed through a nozzle by air pressure from a pump.

Originally, it was created from the airbrush, which is used for less delicate tasks like putting shellac, paints, lacquers, varnishes, and other finishes to manufactured items. Sprayers can be used as stationary equipment to paint automobiles, furniture, and appliances.  

Spray Gun Market Market Outlook

Spray Gun Market Dynamics

Market Driver- Growing demand for spray gun in automotive production

The growing demand for spray guns in the automotive industry due to their applications is projected to boost the market during the forecast period. The market growth is attributed to the production of automobiles which has increased in the past few years. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), the production of passenger cars and commercial vehicles increased in 2021 by 3% from 2020.

The total production of these vehicles was 77,621,582 units in 2021. On the other hand, 80,145,988 units of passenger and commercial vehicles were sold in 2021. Thus the increasing production of vehicles is growing year on year and the for the demand for vehicle painting is also growing which in turns it creating demand for spray guns.

Market Driver- Increasing adoption of spray guns for building & construction industry

The rapid growth of the construction industry owing to increasing population, rising disposable income among populations, and changing lifestyle preferences such as living in individual houses & apartments and growing interest in painting for the aesthetic appeal of buildings is creating demand for spray guns for efficient and quick painting which is expected to boost the market growth during the forecast period.

As per Oxford economics the construction industry was valued at USD 10.7 trillion in 2017 and is expected to reach the value of USD 15.2 trillion by 2030 with a growth of 42.2%, which is expected to reflect the growth of spray guns.

Market Restrain- Government’s stringent regulations for spray painting

The use of spray guns poses a risk to the environment, due to the release of volatile organic compounds (VOCs) into the atmosphere. Exposure to VOC vapors can cause a variety of health issues, including eye, nose, & throat irritation; headaches & loss of coordination; nausea; and damage to the liver, kidneys, or central nervous system.

Therefore, many countries have implemented stringent environmental regulations that restrict the use of certain types of spray guns, which limits the growth of the market. For instance, the European Union (EU) has implemented strict regulations on the use of VOCs in paint and coatings.

Market Opportunity- Growing demand for spray guns in aircraft painting

The aviation industry is one of the major end-users of spray guns, as there is a growing demand for spray painting and coating applications in aircraft maintenance and refurbishment. Aircraft painting is done not just for aesthetic reasons, but also for protection against weathering, corrosion, and other environmental factors.

Advanced aircraft require complex coatings to protect them from the elements and reduce wear & tear. Spray painting is a cost-effective way to apply these coatings, as it allows for quick and precise application of the desired finish. Additionally, spray painting is resistant to corrosion, which is essential for aircraft that may be exposed to harsh weather or other environmental conditions. Due to this, the adoption of the spray gun for aircraft painting is increasing extensively.

Market Opportunity- Growing popularity of high volume low pressure (HVLP) spray gun

High Volume Low Pressure (HVLP) spray guns are more efficient than traditional spray guns, which allow for more paint to be applied in less time. This results in a fast painting process, which helps to reduce labor costs. Additionally, HVLP spray guns produce less overspray, which means less material is wasted.

These spray guns produce a fine finish, resulting in a better-quality end product. HVLP spray guns help in reducing material costs and creating a high-quality final product. Thus, the adoption of HVLP spray guns is growing in automotive and aircraft painting applications.

Scope of Spray Gun Market Report

The report on the global spray gun market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Spray Gun Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2021

Historic Data

2015-2020

Forecast Period

2022–2030

Segmentation

Type (Manual Spray Gun, Automatic Spray Gun), Application (Metal Finishing, Wood Finishing, Plastic Finishing, Others

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

3M, ANEST IWATA USA, Inc, ASAHI SUNAC CORPORATION, Carlisle Companies Inc, EXEL Industries, Graco Inc., J Wagner GmbH, Navite, Ningbo Lis Industrial Co., Ltd, Nordson Corporation, PronaTools, PROWIN TOOLS, Rongpeng Air Tools Co.,Ltd, SATA GmbH & Co. KG, Titan Tool Inc, TriTech, Walther Pilot, wufu air tools, ZHEJIANG AUARITA PNEUMATIC TOOLS L.L.C.

Spray Gun Market Segmental Outlook

The global Spray Gun market is segmented on the basis of by type, and by application.
Based on type, the global spray gun market is divided into manual spray gun, automatic spray gun. The manual spray gun is anticipated to dominate the market during the forecast period. The growth of the market is attributed to the ease of handling in constructions. Furthermore, this manual spray gun is lightweight and transportable easily.

 

Spray Gun Market Type

Based on application the global spray gun market is fragmented into metal finishing, wood finishing, plastic finishing, others. The growth of the this segment is attributed to increasing demand for spray painting for metal surfaces specially in automotive, aircraft, and other industries.

Spray Gun Market Application

Regional Outlook

Asia Pacific is anticipated to dominate the market during the forecast period. The increasing population especially in China and India creating significant demand for automotive and construction sector. The increasing investments in various industries such as constructions, and automotives industries significantly creating the demand for spray guns for painting applications in automotive and construction sector.

Spray Gun Market Region

Key Benefits for Industry Participants & Stakeholders

-    In-depth Analysis of the Global Shelving Market
-    Historical, Current, and Projected Market Size in terms of Value and Volume
-    Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
-    Industry Drivers, Restraints, and Opportunities Covered in the Study
-    Recent Industry Trends and Developments
-    Competitive Landscape & Strategies of Key Players
-    Neutral Perspective on Global Shelving Market

Segments

By Type

  • Manual Spray Gun
  • Automatic Spray Gun

By Application             

  • Metal Finishing
  • Wood Finishing
  • Plastic Finishing
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Market Players profiled in the report

  • 3M
  • ANEST IWATA USA, Inc.
  • ASAHI SUNAC CORPORATION
  • Carlisle Companies Inc
  • EXEL Industries
  • Graco Inc.
  • J Wagner GmbH
  • Navite
  • Ningbo Lis Industrial Co., Ltd.
  • Nordson Corporation
  • PronaTools
  • PROWIN TOOLS
  • Rongpeng Air Tools Co.,Ltd.
  • SATA GmbH & Co. KG
  • Titan Tool Inc
  • TriTech, Walther Pilot
  • wufu air tools
  • ZHEJIANG AUARITA PNEUMATIC TOOLS L.L.C.

Competitive Landscape

  • Top players in the market include 3M, ANEST IWATA USA, Inc, ASAHI SUNAC CORPORATION, Carlisle Companies Inc, EXEL Industries, Graco Inc., J Wagner GmbH, Navite, Ningbo Lis Industrial Co., Ltd, Nordson Corporation, PronaTools, PROWIN TOOLS, Rongpeng Air Tools Co.,Ltd, SATA GmbH & Co. KG, Titan Tool Inc, TriTech, Walther Pilot, wufu air tools, ZHEJIANG AUARITA PNEUMATIC TOOLS L.L.C..
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the spray gun market.

Spray Gun Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spray Gun Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Spray Gun Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Spray Gun Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Spray Gun Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Spray Gun Market Size & Forecast, 2015-2030
      4.5.1 Spray Gun Market Size and Y-o-Y Growth
      4.5.2 Spray Gun Market Absolute $ Opportunity
Chapter 5 Global Spray Gun Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type


   5.2 Spray Gun Market Size Forecast By Type
      5.2.1 Manual Spray Guns
      5.2.2 Automatic Spray Guns
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Spray Gun Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Spray Gun Market Size Forecast By Application
      6.2.1 Metal Finishing
      6.2.2 Wood Finishing
      6.2.3 Plastic Finishing
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Spray Gun Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Spray Gun Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Spray Gun Analysis and Forecast
   9.1 Introduction
   9.2 North America Spray Gun Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Spray Gun Market Size Forecast By Type
      9.6.1 Manual Spray Guns
      9.6.2 Automatic Spray Guns
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Spray Gun Market Size Forecast By Application
      9.10.1 Metal Finishing
      9.10.2 Wood Finishing
      9.10.3 Plastic Finishing
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Spray Gun Analysis and Forecast
   10.1 Introduction
   10.2 Europe Spray Gun Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Spray Gun Market Size Forecast By Type
      10.6.1 Manual Spray Guns
      10.6.2 Automatic Spray Guns
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Spray Gun Market Size Forecast By Application
      10.10.1 Metal Finishing
      10.10.2 Wood Finishing
      10.10.3 Plastic Finishing
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Spray Gun Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Spray Gun Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Spray Gun Market Size Forecast By Type
      11.6.1 Manual Spray Guns
      11.6.2 Automatic Spray Guns
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Spray Gun Market Size Forecast By Application
      11.10.1 Metal Finishing
      11.10.2 Wood Finishing
      11.10.3 Plastic Finishing
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Spray Gun Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Spray Gun Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Spray Gun Market Size Forecast By Type
      12.6.1 Manual Spray Guns
      12.6.2 Automatic Spray Guns
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Spray Gun Market Size Forecast By Application
      12.10.1 Metal Finishing
      12.10.2 Wood Finishing
      12.10.3 Plastic Finishing
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Spray Gun Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Spray Gun Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Spray Gun Market Size Forecast By Type
      13.6.1 Manual Spray Guns
      13.6.2 Automatic Spray Guns
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Spray Gun Market Size Forecast By Application
      13.10.1 Metal Finishing
      13.10.2 Wood Finishing
      13.10.3 Plastic Finishing
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Spray Gun Market: Competitive Dashboard
   14.2 Global Spray Gun Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 3M
      14.3.2 ANEST IWATA USA, Inc
      14.3.3 ASAHI SUNAC CORPORATION
      14.3.4 Carlisle Companies Inc
      14.3.5 EXEL Industries
      14.3.6 Graco Inc.
      14.3.7 J Wagner GmbH
      14.3.8 Navite
      14.3.9 Ningbo Lis Industrial Co., Ltd
      14.3.10 Nordson Corporation
      14.3.11 PronaTools
      14.3.12 PROWIN TOOLS
      14.3.13 Rongpeng Air Tools Co.,Ltd
      14.3.14 SATA GmbH & Co. KG
      14.3.15 Titan Tool Inc
      14.3.16 TriTech
      14.3.17 Walther Pilot
      14.3.18 wufu air tools
      14.3.19 ZHEJIANG AUARITA PNEUMATIC TOOLS L.L.C.

Purchase Premium Report

FAQ Section

Some frequently asked questions about this report!

The base year considered for the global spray gun market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), Value has been provided in the report.

The market is expected to decrease in 2019 and 2020 owing to the COVID 19 pandemic is impacted the spray gun market.

Factors such as GDP, demand & supply, and technological advancements are analyzed in the final report.

According to this Growth Market Reports report, the global spray gun market is likely to register a CAGR of 5.5% during the forecast period 2022-2030, with an anticipated valuation of USD 2,098.6 million by the end of 2030.

Growing demand for spray gun in automotive production is driving the growth of the spray gun market during the forecast period.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst