Powder Coatings Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Powder Coatings market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Powder Coatings Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Powder Coatings Market are –
- Alpha Coating Technologies
- Asian Paints Limited
- Axalta Coating Systems
- BASF SE
- Benjamin Moore & Co
- Berger Paints India Limited
- IGP Pulvertechnik AG
- Kansai Paint Co.
- Manifa Paints and Powder Coatings Co. Ltd.
- Nippon Paint Holdings Co.
- PPG Industries
- Protech Powder Coatings Inc
- RPM International Inc.
- Sak Coat
- TCI Powder Coatings
- The Sherwin-Williams Company
- United Coatings Industries
The global powder coatings market is expected to witness a moderate CAGR during the forecast period, 2018 to 2023. The oil & gas industry accounted for the highest share, followed by water & wastewater treatment industry, in 2017. The growing infrastructure and rapid industrialization, in the developing economies, is expected to boost the growth during the forecast period.
The powder coatings are based on polymer resin systems; combined with curatives, pigments, leveling agents, flow modifiers, and other additives. These ingredients are melted, mixed, cooled, and ground into a uniform powder, similar to baking flour. The powder offers benefits, such as superior durability, scratch resistance, gloss retention, and resistance to chalking. The powder is mainly used for applications on metal parts that are exposed to extreme weather conditions. Powder coatings are cost-efficient, as they do not contain solvents and Volatile Organic Compounds (VOCs). In addition, over-sprayed powder coating can be retrieved and recycled for use, thereby reducing the cost.
Accelerating Automotive Production in Asia-Pacific and Europe
The global automotive production has increased from 90 billion units in 2015 to about 95 billion units in 2016, with maximum production occurring in Asia-Pacific and Europe. The automotive industry is growing at a rapid pace in the Asia-Pacific region. China, India and Indonesia are some of the major countries involved in the production of cars & commercial vehicles. In Europe, France, Czech Republic, Italy, Spain, and Sweden, have seen good growth in the automotive production, which, in turn, is likely to increase the consumption of powder coatings. The accelerating automotive production, coupled with the growing OEM market is expected to drive the usage of powder coatings during the forecast period.
Architectural & Decorative to Witness the Fastest Growth
The powder coating is increasingly becoming an attractive choice for builders and architects around the world, owing to stringent verification processes by the government for VOC emissions. Furthermore, powder coatings are formulated with specifications, which helps to provide long-term appearance and corrosion resistivity. The growing construction market is expected to drive the demand for powder coatings in the architectural & decorative segment during the forecast period.
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Scope of the Report:
The report analyses Powder Coatings market, which includes –
- Analysis of the growth of Powder Coatings market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Powder Coatings market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Powder Coatings market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Powder Coatings market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Powder Coatings Market Report:
- Varying dynamics of the Powder Coatings industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Powder Coatings market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Powder Coatings market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Powder Coatings Market Report:
- The report analyses how stringent emission control norms will drive the global Powder Coatings market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Powder Coatings market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Powder Coatings:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of Powder Coatings Market Report @ https://www.360marketupdates.com/TOC/12885081#TOC
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