Uploaded on Oct 18, 2021
Shifting trend towards usage of powder coatings in place of PVDF liquid due to higher utilization rates, easy application and lower impact on environment is expected to boost the global powder coatings market over the forecast period. Due to the heavy impact of volatile organic compounds (VOCs) on the environment, various regulatory bodies and governments have implemented strict regulations on the usage of solvent based conventional coatings, which in turn having an effect on the rising demand of powder coatings.
Powder Coatings Market Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2020-2026
Powder Coatings Market
Set to Reach $16.85 Billion By 2026 | CAGR: 6.2%
“Powder Coatings Market By Resin Types (Thermoplastic, Thermoset);
By Coating Methods (Fluidized Bed Coating, Electrostatic Fluidized Bed
Process, Electrostatic Spray Coating, Flame Spraying); By End-Use
Industry (Architecture, Furniture, Automotive, Heavy Industry,
Appliances, Others); By Regions, Segments & Forecast, 2018 - 2026”
Powder Coatings Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global
Powder Coatings market is growing at a faster pace and is projected to reach $16.85
Billion By 2026, registering a significant CAGR of 6.2% during the forecast period 2018 to
2026.
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Powder Coatings market.
An extensive research report on the Powder Coatings market sheds light on the micro and
macro aspects of the industry. The report presents in-depth insights into the market using
the assessment of Porter’s Five Forces model and SWOT analysis. The vital information
featured in the report will help industry leaders in their decision-making process and
businesses to devise their futCuopryerig hst ©t Proalatrise Mgarikeet sRe.search & Consulting LLP 2020. All Rights Reserved 2
Powder Coatings Market Scope
By Resin Type By Coating Methods By End-Use Industry By Region
• Thermoplastic • Fluidized Bed Coating • Architecture ∙ North America
• Thermoset • Electrostatic Fluidized • Furniture ∙ Europe
∙ Asia Pacific
Bed Process • Automotive
∙ Latin America Middle East &
• Electrostatic Spray • Appliances
Africa
Coating • Heavy Industries
• Flame Spraying • Others
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Powder Coatings Market Estimate & Forecast
The report includes detailed coverage of the Powder Coatings market based on product
type, application, end-use, and region. The report also sheds light on the fastest-growing
segments of the market and gives future projections for the same keeping in mind the
emerging trends and patterns. The authentic data provided in the research report will act as
a major input for market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Powder
Coatings market wherein our expert research analysts provide an insight into profiles of all
the prominent players along with a special focus on recent developments and major
innovations influencing the target market. The competitive outlook section also discusses
major development strategies, market share value, and industry ranking analysis for the
below-mentioned players. Leading players present in the Powder Coatings market are
RPM International Inc, The Valspar Corporation, Nippon Paint Holdings Co.,
Ltd., Asian Paints Limited, Somar Corporation, Jotun A/S, Sherwin-Williams
Company, Axalta Coating System LLC, Akzonobel N.V. and PPG Industries among
others.
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Powder Coatings Market Size
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