Global powder coating market (Business Opportunities - Marketing & Sales)

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Global powder coating market

Global powder coating market size was valued US$ 10.31 and is estimated to reach US$ 16.22 at CAGR of about 5.83 % during a forecast period.

Demand for powder coatings has increased owing to growing technological innovation and increasing demand from applications such as architectural, appliances, automotive. Advantages of powder coatings over wet paint systems such as predefined film thickness and easy rework of poorly coated areas are factors driving market demand over a forecast period. Powder coating is conservative, durable, quality membrane, perfect toughness, and scratch resistance, shine retention, waterproof and impermeable to chalking. Powder coating performs well in extreme environmental conditions. It complies with the American Automobile Manufacturers Association particulars and is an ecofriendly procedure. Powder coatings are cost-effective compare to other coatings, don't contain solvents and volatile organic compounds. Also powder coating has the ability to be recovered and reused hence reducing by product waste. These all factor drives the powder coating market.

Thermosets is dominating the powder coating market. Thermosets are generally preferred because they are resistant to elevated temperatures. Out of thermoset sub-segments Polyester and polyurethane comprises large share. Epoxy polyester segment is seen to be rapid growing in powder coating. Electrostatic spray is the most employed coating technique as it allows coating of complex shapes and does not require preheating of part to be coated. Electrostatic spray segment is expected to continue its dominance throughout the forecast period.

Scope of the Powder Coating Market:

Global Powder Coating Market By Resin Type:

• Thermoset
o Epoxy
o Polyester
o Epoxy Polyester Hybrid
o Acrylic
o polyurethane
• Thermoplastic
o Polyvinyl Chloride (PVC)
o Nylon
o Polyolefin
o Polyvinylidene Fluoride (PVDF)
Global Powder Coating Market By Coating Type:

• Electrostatic Spray
• Fluidized Bed
Global Powder Coating Market By Application Type:

• Appliances
• Automotive
• Architectural
• Furniture
• Agriculture
• Construction & Earthmoving Equipment
• Industrial
• Others
Global Powder Coating Market By Region:

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key Players Analysed in the Report:

• AkzoNobel
• Axalta Coating Systems
• PPG Industries
• IGP Pulvertechnik AG
• Sherwin-Williams
• Valspar Corporation
• Allnex Italy Srl
• TCI Powder Coatings
• Nippon Paint
• Evonik Industries
• Kansai Paint and Jotun
• Asian Paints Limited
• Berger Paints India Limited
• Jotun A/S
• Somar Corporation

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Target Nation: All Nations
Target City : Pune
Last Update : 17 July 2019
Number of Views: 42
Item  Owner  : Snehal Lokhande
Contact Email:
Contact Phone: +919607365656

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