GlobalPowder Coating Market size was valued US$ XX and is estimated to reach US$XX at CAGR of about XX % during a forecast period.
The report includes the analysis of impact of COVID-19lock-down on the revenue of market leaders, followers, and disrupters. Sincelock down was implemented differently in different regions and countries,impact of same is also different by regions and segments. The report hascovered the current short term and long term impact on the market, same willhelp decision makers to prepare the outline for short term and long termstrategies for companies by region.
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Demand for powder coatings has increased owing to growingtechnological innovation and increasing demand from applications such asarchitectural, appliances, automotive. Advantages of powder coatings over wetpaint systems such as predefined film thickness and easy rework of poorlycoated areas are factors driving market demand over a forecast period. Powdercoating is conservative, durable, quality membrane, perfect toughness, andscratch resistance, shine retention, waterproof and impermeable to chalking.Powder coating performs well in extreme environmental conditions. It complieswith the American Automobile Manufacturers Association particulars and is aneco-friendly procedure. Powder coatings are cost-effective compared to othercoatings and contain no solvents and volatile organic compounds. Also powdercoating has the ability to be recovered and reused hence reducing by productwaste. These all factor drives the powder coating market.
Thermosets is dominating the powder coating market.Thermosets are generally preferred because they are resistant to elevatedtemperatures. Out of thermoset sub-segments, Polyester and polyurethanecomprises large market share. Epoxy polyester segment is seen to be rapidgrowing in powder coating. Electrostatic spray is the most employed coatingtechnique as it allows coating of complex shapes and does not requirepreheating of part to be coated. Electrostatic spray segment is expected tocontinue its dominance throughout the forecast period.
Growing product demand for various applications inducinghorns, wipers, radiator grills, door handles, wheel rims, metallic structuralcomponent, bumpers, and bicycle will propel market growth over the forecastperiod. Appliances segment to grow at high CAGR around XX.XX% the global powdercoating market comprising one fifth of the market share. Architectural coatingdominated the market followed by automotive held a significant portion ofworldwide utilization of powder coatings.
The report from Maximize market research provides the detailstudy of the market by various segments. The report covers a geographicbreakdown and a detailed analysis of each of the segments across North America,Europe, Asia Pacific, and LAMEA, and each countries under it.
Asia Pacific is estimated to be the dominant region onaccount of the robust growth of sectors in China and India. Asia Pacificcomprise one third of the global powder coating market. Europe experiences agood growth in the automotive category while Middle East & Africa areexpected to witness XX% growth in forecast period.
Global Powder Coating Market: Competition Landscape
The Global Powder Coating Market has the presence of a largenumber of players. Major players in the Global Powder Coating Market areconcentrating on developing new technologies to facilitate the industry withlowest time and low expenditure consuming technologies. In the recent yearsthere are many discoveries in the field of technologies with regards to GlobalPowder Coating Market, which in turn will help the industry to grow resultingin boost to the competition too. Detailed analysis of competition, newentrants, strategic alliances, mergers and acquisition in the Global PowderCoating Market is covered in the report.
The report covers the market leaders and followers in theindustry with the market dynamics by region. It will also help to understandthe position of each player in the market by region, by segment with theirexpansion plans, R&D expenditure and organic & in-organic growthstrategies. Long term association, strategic alliances, supply chain agreementand mergers & acquisition activities are covered in the report in detailfrom 2014 to 2019. Expected alliances and agreement in forecast period willgive future course of action in the market to the readers. All major &important players are profiled, benchmarked in the report on differentparameters that will help reader to gain insight about the market in minimumtime.
Global Powder Coating Market Objective of the Report:
The objective of the report is to present a comprehensiveanalysis of Global Powder Coating Market including all the stakeholders of theindustry. The past and current status of the industry with forecasted marketsize and trends are presented in the report with the analysis of complicateddata in simple language. The report covers all aspects of the industry with adedicated study of key players that includes market leaders, followers and newentrants by region. PORTER, SVOR, PESTEL analysis with the potential impact ofmicro-economic factors by region on the market are presented in the report.
External as well as internal factors that are supposed toaffect the business positively or negatively have been analyzed, which willgive a clear futuristic view of the industry to the decision-makers. The reportalso helps in understanding Global Powder Coating Market dynamics, structure byanalyzing the market segments and project the Global Powder Coating Marketsize. Clear representation of competitive analysis of key players by type,price, financial position, product portfolio, growth strategies, and regionalpresence in the Global Powder Coating Market make the report investor’s guide.
Scope of the Powder Coating Market: Inquire before buying
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 Global Powder Coating Market
• AkzoNobel
• Axalta Coating Systems
• PPG Industries
• IGP Pulvertechnik AG
• Sherwin-Williams
• BASF
• 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
• The Sherwin-Williams Company
• RPM Internationa• Dulux Powder & Industrial Coating
• Dupont Coating & Colour Technologies Group
• Marpol
• Protech Oxyplast
• Cloverdale Paint, Inc.
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