Powder Coatings Market
                     Powder Coatings Market  Growth Prospects, Key Vendors, Future Scenario Forecast 2027
Market Overview
Powder coatings has shown a significant growth from last few years. It is an eco-friendly coating 
that does not cause any waste during production and consumption, hence making it environment 
friendly. There is very low or negligible content of volatile organic compounds (VOCs) in powder 
coatings as compared to liquid coatings, making it a preferred choice across various industries. 
Powder coating is a ready-to-use product that does not require any mixing procedure or thinner, 
which rules out any major side-effects to people in contact with it. Rampant growth of various end-
use industries such as automotive, architectural, and furniture, among others has in turn fueled 
growth of the powder coatings market. The increasing technological advancements and stringent 
environmental regulations, in turn increasing demand for VOC & solvent free products are key 
growth drivers in the global powder coatings market.
Powder coatings are in high demand primarily due to its eco-friendly features as very less amount 
of volatile organic compounds (VOCs) are found in powder coatings and low wastage during 
production and consumption. Equipment development is a major contributing factor towards 
opening up various application areas for powder coatings. In case of wet surface treatment there are 
some newly developed chrome free equipment processes based on zirconium, titanium and silane 
compounds. This newly developed systems allow the toxic products to get substituted. These 
techniques also offer simultaneous degreasing and pickling, which significantly reduces processing 
time. Technological advancements in the field of UV and IR curing facilities is estimated to fuel 
production speed of powder coating systems. UV and IR curing solutions are used in the powder 
coatings industry as they enable rapid curing of the coating to a solid state.
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Market Dynamics
Appliance is the largest end-use industry in the global powder coatings market. Powder coatings are
widely utilized in appliances used in domestic and commercial applications at homes, hotels, 
restaurants, corporate offices, and hospitals, among others. Powder coating is a superior coating 
technology that provides both decoration, and protection to the substrate that it is applied to. These 
coatings help prevent corrosion, and yellowing, while the appliance industry utilize these coatings 
on dryer drums, water heaters, freezer cabinets, light fixture, air conditioner cabinets, front & side 
panels of refrigerators, washer lids & tops, in the cavities of oven & microwave, etc.
Increasing construction activities around the world in turn increases demand for doorframes, 
windows, kitchen, furniture, building facades, electrical fixtures, and bathroom fixtures. This in turn
propels use of powder coatings in the construction industry due to its anti-corrosion & anti-bacterial
properties.
Detailed Segmentation:
•Global Powder Coatings Market, By Resin Type:
Thermoset
Polyester
Epoxy Polyester Hybrid
Epoxy
Acrylic
Polyurethane
Others
Key companies covered as a part of this study include Axalta Coating Systems, AkzoNobel N.V., 
Berger Paints India Limited, Asian Paints Limited (India), Jotun A/S, PPG Industries, Inc., Kansai 
Paint Co., Ltd., The Sherwin-Williams Company, Somar Corporation, and The Valspar Corporation.
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