Growing industrialization and urbanization across the various regions of the globe are likely to fuel the demand for Painting Tools Market. 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 czhemical 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.
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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.
Painting tools market is highly competitive in nature owing to the presence of several global and regional players. Major companies present in the industry include:
- Asian Paints
- Gordon Brush
- Dura Paints
- Nespoli Group
- Mill-Rose Company
- Braun Brush
- Anderson Products
- Milton Brushware
- Richard Tools
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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.”
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.
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