Global Powder Coatings Market 2018 Industry Top Brands Forecast 2023 : PPG Industries, Inc , The Valspar Corporation , Akzo Nobel N.V., Asian Paints Limited , KANSAI PAINT CO , Royal DSM

Powder Coatings Market 2018 Industry research report gives a systematic and competent approach to gather important statistics of Powder Coatings Market industry. In which includes industry chain structure, Powder Coatings Market classification, dominant market players, product definition, and product scope

Powder Coatings Market Introduction:

Powder coatings belongs to a class of coatings, they can be formulated to offer improved properties when compared with conventional liquid coatings. Powder coatings contain no solvents and emit negligible amount of volatile organic compounds (VOC) into the atmosphere. They can produce much thicker coatings than conventional liquid based coatings without sagging. Moreover, their curing time is significantly faster as compared to liquid coatings and can be applied to a wide range of substrates. With these reasons they find wide application scope in consumer goods, automotive & transportation, architectural & furniture, appliances, and others

Competitive analysis:
• PPG Industries
• The Valspar Corporation
• Akzo Nobel N.V
• Arkema
• Evonik Industries
• TCI Powder
• KANSAI PAINT CO.,LTD

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Regional Analysis:

Asia Pacific is estimated to be the largest powder coatings market followed by Europe and North America due to strong growth in automotive & transportation and architectural & furniture industry. In Asia Pacific, countries such as China, India and Japan are the fastest growing market for powder coatings, and is predicted to grow with the same pace over the assessment period. Improving living standards coupled with the flourishing growth of construction sector is predicted to contribute to the regional market growth. In Europe, Germany and UK are predicted to register a strong growth on account of tremendous demand for powder coatings in the automobile sector. In North America, the U.S and Canada are among the major contributors in the regional market growth due to expansion of appliances as well as consumer goods sector. The Middle Eastern and African countries such as Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) are expected to witness substantial growth due to increasing foreign investments and shifting of manufacturing base for various end use industries to these region.

Powder coatings Market Segmentation:

On the basis of application, the market is segmented into automotive & transportation, architectural & furniture, appliances, consumer goods, and others. Among these, architectural & furniture accounted for around 28% of the global consumption in 2015 and is predicted to witness a significant growth due to increasing construction activities across the globe. Automotive & transportation is expected to witness a healthy growth due to cost reduction and other benefits offered by these products. On the basis of substrate, the market is segmented into metal and non-metal. Metal segment hold a major share of the total powder coating market in 2015 due to wide utilization of metal body in various end use industries. Non-metallic product includes wood plastic, glass, and composites.

The global powder coatings market is segmented into resin types, application, substrates, and regions. On the basis of resin type, the market is segmented into thermoplastic and thermoset. Thermoplastic segment is further classified into nylon, polyolefin, polyvinyl fluoride (PVF), and polyvinyl chloride (PVC). Thermoset segment is sub divided into polyester, epoxy, acrylic, polyurethane, epoxy polyester hybrid, and others. Among the resin type, the thermoset segment is expected to hold the largest market share over the assessment period owing to their high temperature durability as compared to thermoplastic. Moreover, polyester accounted for the largest market share in the sub segment of thermoset resin and is predicted to grow with the healthy CAGR during the assessment period

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Geographical Analysis:
The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience
• Powder Coatings Manufacturers
• Traders and Distributors of Powder Coatings
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

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