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Powder Coating Market to Exceed USD 17 Bn by 2025: Global Market Insights, Inc.

10-22-2020 08:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Global powder coating market is poised to witness significant growth from 2019 to 2025 owing to environment-friendly properties, cost effectiveness, high quality, swift paint applicability, and easy usability over conventional paints. These coats are solvent-free and have minimal volatile compounds emissions compared to liquid paints. It provides a long-lasting and durable finish for metal products & parts and also exhibits superior gloss retention. Factors such as high corrosion resistance, easy recycling and reduced processing time will also influence product demand.
Various technical advantages over liquid paintings coupled with low VOCs emissions will support the powder coating market value over the forecast timeframe. Ability to produce much thicker coatings than conventional liquid form without sagging or running will support the application scope across various industries. Faster curing time and wide range of specialty effects have proliferated the product scope across numerous applications including door handles, rims, and under hood components in light of superior finish and texture.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/379

Thermoplastic resin powder coating market demand is anticipated to witness CAGR over 6.5% owing to key benefits including better chemical resistance, thicker coating, and low toxicity. It also offers a good amount of resistance to disparity amongst the environmental forces and does not require any cross-linking or curing to achieve these properties. Thermoplastic resins owing to eco-friendly properties, easy recyclability and low toxic nature finds application in several industries including construction, automotive, outdoor furniture, oil & gas, and aerospace & defense.

table of contents:

https://www.gminsights.com/industry-analysis/powder-coating-market

Powder coats in the appliances are generally used in refrigerator doors, shelves, washing machines, dryers, freezers, water heaters, vacuum cleaners, kitchen appliances, microwave ovens, garbage disposals, dishwashers, etc. Appliances require a durable finish and dynamic colors to protect against the damages owing to the everyday use.

The color of the appliance has now become one of the most important factors that influence the purchasing decisions among consumer. As a result, appliances manufacturer to launch products in stylish colors, finishes, and texture combinations. Decorative color and coating styles incorporated ensures low abrasion, better chipping and high chemical resistance.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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