Press release
Powder Coatings Market 2018 Global Industry Analysis by Size, Share, Trends, Key Players, Growth Application and 2023 Opportunity Forecast Report
Powder Coatings Market , Powder Coatings Market Size, Powder Coatings Market Share
Competitive analysis
The major players operating in the powder coatings market are PPG Industries, Inc (U.S.), The Valspar Corporation (U.S.), Akzo Nobel N.V. (the Netherlands), Asian Paints Limited (India), KANSAI PAINT CO.,LTD (India), Royal DSM (the Netherlands), Arkema (France), Evonik Industries (Germany), TCI Powder (U.S.), The Sherwin-Williams Company (U.S.), and others.
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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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.
Segmentation
The global powder coatings market is classified on the basis of resin type, application, substrate, and region. Based on resin type, the market is segmented into thermoplastic and thermoset. Thermoplastic segment is subdivided into nylon, polyolefin, polyvinyl fluoride (PVF), and polyvinyl chloride (PVC). Thermoset segment comprises of polyester, epoxy, acrylic, polyurethane, epoxy polyester hybrid, and others. Based on application, powder coatings market is segmented into automotive & transportation, architectural & furniture, appliances, consumer goods, and others. Based on substrate, the market is divided into metal and non-metal.
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