Coating Equipment Market Report 2026

The coating equipment market size has grown strongly in recent years. It will grow from $24.9 billion in 2025 to $27.15 billion in 2026 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to growth of automotive manufacturing, expansion of industrial machinery production, increasing use of protective coatings, availability of automated coating equipment, rising demand for surface finishing solutions.

The coating equipment market size is expected to see strong growth in the next few years. It will grow to $37.86 billion in 2030 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing investments in smart manufacturing, rising demand for durable and lightweight components, expansion of aerospace and medical device coatings, growing focus on sustainable coating processes, increasing integration of robotic coating systems. Major trends in the forecast period include increasing automation of coating lines, rising adoption of powder coating systems, growing use of precision spray technologies, expansion of corrosion-resistant coatings, enhanced focus on process efficiency.

The growth in demand for electric vehicles is expected to propel the expansion of the coating equipment market going forward. Electric vehicles are automobiles powered entirely or partly by electric motors using energy stored in rechargeable batteries, rather than relying solely on internal combustion engines. The rising adoption of electric vehicles is driven by increasing environmental awareness, as more consumers and governments seek cleaner transportation options to reduce emissions and combat climate change. Coating equipment supports EV manufacturing by enabling precise, uniform, and efficient application of protective layers, improving product quality and production efficiency. For instance, in 2023, according to the International Energy Agency, France-based global electric car sales reached over 2.3 million units in the first quarter, marking a 25% increase compared to the same period in 2022. By the end of 2023, electric car sales are projected to reach 14 million, representing a 35% year-on-year increase and accounting for around 18% of all new car sales worldwide. Therefore, the rising demand for electric vehicles is driving the growth of the coating equipment market.

Major companies operating in the coating equipment market focus on developing technological advancements, such as tablet coaters, to improve efficiency, reduce environmental impact, and enhance the quality of coatings across various applications. A tablet coater is pharmaceutical equipment used to apply a protective or functional coating to tablets, enhancing their appearance, stability, and release characteristics. For instance, in November 2023, ACG Engineering, a US-based integrated solutions provider for pharmaceutical companies, launched the SMARTCOATER X ONE series. The SMARTCOATER X ONE is engineered for rapid tablet coating, prioritizing process speed, efficiency, and ease of operation. Its innovative baffle design allows for the fastest processing times for batches ranging from 10% to 100%. Key features include a unique airflow pattern that optimizes drying, a fully perforated coating drum, closed dust-free charging, integrated discharge baffles, an active purging temperature sensor, a high-performance spray arm, and a 2 spray nozzle designed with an anti-bearding cap. Additionally, it includes ACG's X ONE command and control system, ensuring compliance with cGMP standards.

In May 2024, Tencarva Machinery, a US-based industrial machinery distributor, acquired Tri-State Coating & Machine for an undisclosed amount. The acquisition aims to enhance Tencarva's value-added service offerings in the industrial sector. Tri-State Coating & Machine is a US-based company specializing in providing thermal coating services and related parts to the industrial market.

Major companies operating in the coating equipment market are Nordson Corporation, Graco Inc., Wagner Group, Dürr AG, ANEST IWATA Corporation, Gema Switzerland GmbH, SAMES Kremlin, Exel Industries, Asahi Sunac Corporation, SATA GmbH & Co. KG, Carlisle Fluid Technologies, Bystronic Lenhardt GmbH, ABB Ltd., FANUC Corporation, KUKA AG, Yaskawa Electric Corporation, Mitsuba Systems Co., Ltd., Tecno Spray S.r.l., HangOn A/S, Lesta GmbH.

Asia-Pacific was the largest region in the coating equipment market in 2025. North America was the second-largest market in the coating equipment market share. The regions covered in the coating equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coating equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The coating equipment market consists of sales of standard coating pans and fluidized bed coaters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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