Global Powder Coatings Market to Witness High Demand due to Increasing Application in Shipbuilding and Pipeline Industries

Powder Coatings Market is forecast to grow at healthy CAGR in the forecast period of 2018 to 2025 with factors such as high investment cost and complexity associated with obtaining thin films are hampering the market growth.

Powder coatings market has shown a significant adoption rate and preferences from the Asia-Pacific region. Growth in automotive & electronics industry and growing demand for consumer goods is expected to enhance market growth in the region.

Powder Coatings Market Scenario

According to Data Bridge Market Research the powder coatings market in developing regions is witnessing a growth in terms of its adoption rate, due to growing demand from the automotive industry, increasing application in shipbuilding and pipeline industries, rising focus on VOC emissions reduction and technological advancement.

Now the question is which are the regions that powder coatings market players should target? Data Bridge Market Research has forecast market leaders to target Asia-Pacific developing regions to help them in attaining better volume of revenue generation.

Powder coatings market is becoming more competitive every year with thermoset currently being the largest market resin type for the forecast period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the powder coatings market.

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Powder Coatings Market Developments

AZZ Inc announced the acquisition of Preferred Industries, Ltd in September 2019 which will help the company to enhance their powder coating portfolio. This acquisition will help the company to enhance their reach and would offer better services to their customers worldwide.

Scope of the Powder Coatings Market

Powder coatings market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa

  • All country based analysis of the power coatings market is further analysed based on maximum granularity into further segmentation. On the basis of resin type, the market is segmented into thermoset and thermoplastic. Substrate segment is divided into metallic and non- metallic. Coating method segment of the market is divided into electrostatic spray coating, fluidized bed coating, electrostatic fluidized bed process and flame spraying. End- user segment is divided into appliances, automotive, general industrial, architecture and furniture.
  • Powder coatings are widely used in many products so they can enhance their visual appearance and increase their protective characteristics. These coating are mainly used to coat metals such as automobile parts, aluminum extrusions, bicycle and others. Thermoplastics & thermosets are two of the common types of the powder coating. They have the ability to accelerate the coating's properties and performance. Some of the most common polymers which are used in powder coatings are polyester, hybrid epoxy, polyurethane, polyester epoxy, straight epoxy and others.

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Key Pointers Covered in the Powder Coatings Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • 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

  • AkzoNobel N.V.
  • Arkema Group
  • Asian Paints
  • Berger Paints India Limited
  • Cloverdale Paint Inc
  • EvonikIndustries AG
  • Hentzen Coatings, Inc JOTUN
  • Kansai Paint Co.,Ltd. RPM International Inc.
  • The Sherwin-Williams Company

Above are the key players covered in the report, to know about more and exhaustive list of powder coatings companies, contact us

Research Methodology: Global Powder Coatings Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecast 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, Global Vs Regional 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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