Factors, such as technological advancement, ease of application, product development along with increasing consumer spending are among the key aspects driving the powder coatings market growth. Strong outlook in automotive, home appliances, and architectural applications will fuel the powder coating market demand over the forecast timeframe. Mounting automotive production in developing regions accompanied by the ease in product availability will boost the market expansion. In 2017, the global cars and commercial vehicles production were around 97.3 million units, observing 2.4% growth in the same year. Ability to enhance the durability and provide improved thermal, chemical, and electrical resistance is escalating the product penetration in diverse industries.
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For competitor segment, the report includes global key players of Solid Powder Coating as well as some small players. At least 12 companies are included:
* PPG Industries
* Valspar Corporation
* RPM International
For complete companies list, please ask for sample pages.
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For product type segment, this report listed main product type of Solid Powder Coating market
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Indoor Application
* Outdoor/Architectural Application
* Automotive Industry
* Appliance& Housewares
Improved metallic color space along with enhanced abrasion & scratch protection will also support the powder coatings market demand. Additionally, lower costs as compared to liquid coatings owing to higher transfer efficiency is positively driving the industry growth. Advantages such as reuse & recycling of the over-sprayed product are the foremost factor increasing the transfer efficiency of powder coatings. Its transfer efficiency can be as high as 95%, whereas for liquid coatings it is less than 40%, as the over-sprayed liquid gets evaporated. Also, higher coating effectiveness will fuel the market size over the next few years. For instance, a single layer of powder coating can provide similar or higher mechanical, chemical, & thermal performance as compared to double coated liquid systems.
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The study objectives are:
To analyze and research the global Solid Powder Coating status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Solid Powder Coating manufacturers, capacity, production, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Solid Powder Coating are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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