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.
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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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.
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
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of powder coatings companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=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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