Paint Tester Market Analysis

Paint Tester Market: Drivers and Restraints

Changing climatic conditions are affecting the performance and ultimately damaging the parts of machines. Paint is used to coat the surfaces and paint tester is used to test these coatings. Also, various components of paint tester are used for measuring coating thickness, wet film thickness, porosity, adhesion, and others. These are some of the key parameters which are fuelling the demand for paint tester. The factors such as availability of paint tester equipment in compact size, easy to operate and handle, high accuracy is driving the paint tester market growth significantly. On the other hand, lack of technical knowledge required for operating paint tester in underdeveloped countries is one of the key challenges hindering the growth of the paint tester market.

Segmentation Based on Components:

On the basis of type, the market is segmented into coating thickness meter, holiday detector, pinhole detector, adhesion tester, accessories

Segmentation Based on Industry:

On the basis of industry, the market is segmented into oil and gas, energy, manufacturing, automotive, and others. These industries are using paint tester for testing quality of coatings applied on machines, cars, and other objects.

Paint Tester Market: Key Players

Leading manufacturers of paint tester are focusing on product innovations for improving the efficiency of products. Some of the leading manufacturers of paint tester include paint test equipment, Qualitest International Inc., Caltech Engineering Services, Specialized Coating Systems (Pty) Ltd., and others. These key players are focusing on the quality of their products so that they can deliver industry compliant products. For example, Paint Test Equipment company offers all the paint tester components with specified industry standards along with this the company also provides paint tester kit which is all in one tester kit. This kit includes all the components offered by the company which makes it easier for end users to test their paint effectively.

Paint Tester Market: Region-wise Outlook

Increasing usage of paints and coatings for covering and protecting surfaces is driving the global paint tester market growth. Considering revenue generation, North America region is dominating the paint tester market by holding the highest market share followed by Europe. Industries in North America are highly focused on asset protection and improving the lifespan of machines which is fuelling the adoption of paint tester in this region. Some of the prominent players in the paint tester market are present in Europe. APEJ region is expected to register significant CAGR growth rate over the forecast period in terms of demand for paint tester due to increasing industrialization in this region. MEA paint tester market is expected to grow at moderate CAGR due to the adoption of paint tester in oil and gas, energy industries.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved
• Technology
• Value Chain
• Market Drivers and Restraints

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)