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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