Growing demand for passenger automobiles, commercial vehicles, and two-wheelers is allowing industrial paint booth manufacturers to tap into hitherto untapped development potential. However, the coronavirus outbreak has had a negative influence on the worldwide corporate economy.
To stop COVID-19 from spreading, most countries have implemented complete lockdowns. This has slowed economic growth, similar to the subprime mortgage crisis of 2008. The majority of industrial paint booth production plants are currently closed. Furthermore, the disruption of supply networks caused by the lockdown has resulted in a lack of raw materials, which has considerably slowed production.
Key Segments of the Industrial Paint Booth Market
- Cross draft Paint Booth
- Semi Downdraft Paint Booth
- Side Draft Paint Booth
- Downdraft Paint Booth
- Open Face Paint Booth
- Bench Paint Booth
- Construction & Agriculture
Crossdraft Goes Head-to-Head With Downdraft and Wins Because of the simple installation
Crossdraft paint booths are a popular choice since they require little maintenance and are simple to install, with expected volume sales of 37,909 units by the end of 2018. Despite the fact that downdraft paint booths are widely considered as the’state-of-the-art’ in high-quality finishing jobs, crossdraft paint booths are progressively overshadowing the former in terms of volume sales, owing to the cost-effectiveness and convenience they provide.
The pace of installation of industrial paint booths in the automobile industry is also at an all-time high, according to the survey. This is evidenced by the fact that, in terms of volume sales, the automobile industry remains the largest and most promising end user industry, both in 2017 and 2018.