Powder Coatings Market Size, Share, Growth, Scope, current and Future Growth Forecast by 2028
The powder coatings market is expected to witness market growth at a rate
of 5.61% in the forecast period of 2022 to 2029. Data Bridge Market
Research report on powder coatings market provides analysis and insights
regarding the various factors expected to be prevalent throughout the forecast
period while providing their impacts on the market’s growth. The rise in the
number of consumer goods companies is escalating the growth of powder coatings
market.
Major factors that are expected to boost the growth of the
powder coatings market in the forecast period are the rise in the production of
automobiles. Furthermore, growing need for medical devices is further
anticipated to propel the growth of the powder coatings market. Moreover, the
promising applications in shipbuilding and pipeline industries is further
estimated to cushion the growth of the powder coatings market. On the other
hand, the struggle in obtaining thin films is further projected to impede the
growth of the powder coatings market in the timeline period.
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Market Analysis and
Insights
Powder coatings in the automotive application segment
occupied the major share in 2018 and is anticipated to uphold its lead
throughout the analysis period. Powder coatings provides economical, long
lasting, and durable quality finish for metal parts and products.
This powder coatings market report provides details of new
recent developments, trade regulations, import-export analysis, production analysis,
value chain optimization, market share, the impact of domestic and localized
market players, analyses opportunities in terms of emerging revenue pockets,
changes in market regulations, strategic market growth analysis, market size,
category market growths, application niches and dominance, product approvals,
product launches, geographical expansions, technological innovations in the
market. To gain more info on the powder coatings market, contact Data Bridge
Market Research for an Analyst Brief. Our team will help you take an
informed market decision to achieve market growth.
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Powder Coatings
Market Scope
The powder coatings market is segmented on the basis of resin
type, coating method, substrate and end user. The growth amongst the different
segments helps you in attaining the knowledge related to the different growth
factors expected to be prevalent throughout the market and formulate different
strategies to help identify core application areas and the difference in your
target markets.
- On the basis of resin type, the powder coatings market
is segmented into thermoset and thermoplastic. Thermoset is further
segmented into epoxy polyester hybrid, epoxy, polyester, acrylic,
polyurethane and others. Thermoplastic is further segmented into polyvinyl
chloride, nylon, polyvinyl fluoride (PVF) and polyolefin.
- On the basis of coating method, the powder coatings
market is segmented into electrostatic spray coating, fluidized bed
coating, electrostatic fluidized bed process and flame spraying.
- On the basis of substrate, the powder coatings market
is segmented into metallic and non-metallic.
- On the basis of end user, the powder coatings market
is segmented into appliances, automotive, general industrial,
architecture, consumer goods, construction equipment and furniture
Competitive Landscape and Powder
Coatings Market Share Analysis
The powder coatings market competitive landscape
provides details by a competitor. Details included are company overview,
company financials, revenue generated, market potential, investment in research
and development, new market initiatives, global presence, production sites and
facilities, production capacities, company strengths and weaknesses, product
launch, product width and breadth, application dominance. The above data points
provided are only related to the companies’ focus related to the powder
coatings market.
The major players
covered in the silicon nitride market report are
PPG Industries,
Inc., Asian Paints, 3M, Primatek Coatings OÜ, Emil Frei Gmbh & Co. KG, The
Sherwin-Williams Company, Tiger Coatings Gmbh & Co. KG, SOMAR, Jotun, KCC
Corporation, Kansai Paint Co. Ltd, Hentzen Coatings, Inc., IGP Pulvertechnik
AG, Duluxgroup Ltd., Protech Powder Coatings Inc., IFS Coatings, Nippon Paints
Holdings Co., Ltd., Anhui Meijia New Material Co., Ltd, Neokem, Berger Paints
India, Cloverdale Paint Inc., among others.
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