Press release
Powder Coating Market Trends, Size, Forecast - 2020-2026
Powder Coating Market
Powder coating is a type of paint in which a dry powder is coated on the material rather than liquid paint. It is common and is considered as the most popular painting process. No adhesives are used in powder coating rather it depends upon electric charge to ensure the powder sticks to the surface. After the product has been coated it is then put into a furnace to be baked. The temperature of the furnace is around 150 to 250 degrees Celsius and the product baked for 10 minutes.
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Powder coating is easy to apply than liquid paints. Moreover, with the increase in application in the automotive sector, the demand for powder coating is increasing. Powder coating is more preferred by automobile manufacturers than liquid paint because economical benefits of powder coatings are numerous. The transfer efficiency of powder coating is 85-90% however transfer efficiency of liquid paint is only 30-40%. At least 50% of liquid paint is evaporated at the time of application making them very inefficient and costly. Moreover, the base substance of powder coating is cheaper than its counterpart.
Powder coating is not hazardous to human health as well. Powder coating applications need safety measurements such as precautionary measures to avoid breathing and getting it on the skin which can be easily manageable since the product is solid and causes no reaction hence, contributing to the powder coating market. Moreover, technological advancements and new product development are also boosting the market growth. Moreover, powder coating has exceptional properties such as improved thermal, chemical, and electrical resistance. Powder coating usually produces a very thick coating which is at least twice the thickness of liquid paints. Additionally, this coating is flexible and can even bend with the substance its stick to which makes it more durable due to which is has tremendous use in the transport industry.
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In the long run, powder coating is proven to be more cost-effective than liquid paint coating. Additionally, it has shorter processing and curing times, great material utilization rate and smaller environmental impact due to which its demand is increasing. Moreover, powder coatings are primarily used for materials that can bear high temperatures because powder coating requires baking at a high temperature. Therefore, the numbers of materials that can be powder coated are very small such as steel, stainless steel, aluminum, brass, glass, and fiberboard.
Global Powder Coatings Market Segmentation
By Resin
• Thermoplastic
• Thermoset
By Applications
• Automotive
• Home Appliances
• Architectural & Decorative
• Building & Construction
• Others
Global Powder Coating Market Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• AkzoNobel NV
• Alpha Coating Technologies
• Arkema Group
• Asian Paints Ltd.
• Axalta Coating Systems Ltd.
• AZZ Inc.
• BASF SE
• Berger Paints India Ltd.
• DuPont de Nemours, Inc.
• Evonik Industries AG
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Contact Person: Mr. Anurag Tiwari
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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