Low temperature coating market is anticipated to grow at 8.0% rate annually in the forecast period of 2019 to 2026. Bluntly automotive industries, heavy-duty equipment manufacturers, construction firms, and oil and gas enterprises are single handily driving the success ratio upward the graph. As accounted by market research analysis the overview of this product is penetrated widely into resin type segment also namely polyester, acrylic, polyurethane, and others which are adding up as the major determinants of growth in low temperature coating markets.
On the other hand these materials are eco-friendly which proves to be a good factor for adoption of low cure coating or low temperature coating market by furniture and architecture industry which is capable of accelerating the business growth in the anticipated time window globally.
Low Temperature Coating Market Scenario
According to Data Bridge Market Research the market for low temperature coating is taking another step of expansion in the genres of coating type which are powder based and liquid based. Powder based low cure coatings are in trend as majorly the thermoplastic and thermosetting powders are owing to easy production and wide adoption by the industry.
Now the question is which are the other segments or regions on which emerging market players and key industrialist shall target upon in exchange of good profits? Data Bridge Market research analysts have projected that the maximum market conversion is expected in the heavy-duty equipment sector for achieving good revenue and attaining better stock shares. As attributed by the rate of urbanization in the developing countries with advancing developments will propel the business of low temperature coating market and these emerging economies will act as catalyst to boost the market growth.
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Low Temperature Coating Market Latest Developments in 2019
- In November 2019, Axalta declared that they have achieved the addition of Capital Paints LLC, a UAE-based thermosetting powder coatings producer. This acquisition will turn in to expand its portfolio in the thermosetting powder industry. Capital Paints will work as a unit composed of three Axalta powder coatings producing plants in the emerging businesses sector of Indonesia and Malaysia.
- In September 2019, IFS Coatings began IFS Puroplaz, a series of thermoplastic powder coatings. IFS Puroplaz thermoplastic powder coatings are formed to render a robust, operative, shielding and brilliant coat for a broad array of purposes. The IFS Puroplaz goods species comprises Puroplaz PE, a polyethylene-based particle that provides unimaginable adhesion and elasticity, and Puroplaz PA, a nylon-based film that is strong yet remarkably smooth.
Low Temperature Coating Market Scope
Global low temperature coating market is segmented on the basis of countries into U.S., Canada, Mexico, in North America, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, In Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, in Asia-Pacific(APAC), Brazil, Argentina, Rest of South America, Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA), as a part of Rest of Middle East and Africa (MEA).
- All country based analysis of the low temperature coating market is further analyzed based on maximum granularity into further segmentation. On the basis of coating type the market is segmented into powder-based, liquid-based. On the basis of resin type the market is segmented into polyester, polyurethane, epoxy, and acrylic. On the basis of sunstrate type the market is segmented into metal and non-metal. On the basis of end use market is bifurcated into automotive, heavy-duty equipment, industrial, architectural, and furniture.
- The low-temperature coating method widely known as low cure coating is the process of galvanizing or coatings to valves, pipes, fittings, and welds. Foremost function is to work in cold temperature conditions or severe freezing point as they can counteract down to 0°C. Huge integration is into end user applications like heavy-duty equipment, automotive industry and construction.
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Low Temperature Coating Markets Industry Trends and Key Pointers Covered in Forecast 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Product Price Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- PPG Industries Inc.
- DuPont de Nemours Inc.
- Valspar
- Axalta Coatings Systems Ltd.
- Vitracoat America
- FORREST Technical Coatings
- Specialty Polymer Coatings Inc.
- Bowers Industrial Inc.
- Phygen Coatings Inc.
- Michelman Inc.
- RPM International Inc.
- Cipy Polyurethanes Pvt. Ltd.
- VCM Polyurethanes Pvt. Ltd.
- Flowcrete Group Ltd.
- Akzo Nobel N.V.
- The Sherwin-williams Company
- NIPPON PAINT Co. Ltd.
- Kansai Paint Co. Ltd.
- APV Engineered Coatings
- Rawlins Paint Limited
- Hydromer
Above are the key players covered in the report to know about more and exhaustive list of low temperature coating companies’ contact us
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Research Methodology of Global Low Temperature Coating Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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