Low Temperature Powder Coatings Market Analysis | By Top Players And Forecast 2022 To 2031 -PPG Industries, AkzoNobel NV, Jotun A/S, Teknos Group, Tulip Paints

The global low temperature powder coatings market report by the business research company identify the increase in the need for lower curing temperatures and less curing time contributed to be a major growth driver for the low temperature powder coatings market. For instance, most powder coating such as thermoset powders cures at a temperature of 390°F (200°C) for 10 to 15 minutes or 10 to 30 minutes. According to Teknos, the curing temperature for polyester-based powder coatings is 160°C for 10 minutes, and for Epoxy polyester-based powder coating is 145°C for 10 minutes. The difference in curing temperature and time between normal powder coating and a low-temperature powder coating is around 40°C to 65°C and a time difference of 5 to 6 minutes. The lower curing temperatures and less curing time significantly benefited the end-user industry and drove the market for low-temperature powder coatings.

The global low temperature powder coatings market size is expected to grow from $2.46 million in 2021 to $2.62 million in 2022 at a compound annual growth rate (CAGR) of 6.7%. The global low temperature powder coatings market size is expected to grow to $3.09 million in 2026 at a CAGR of 4.1%.

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Asia Pacific was the largest region in the low-temperature powder coatings market in 2021. North America was the second-largest region in the global low temperature powder coatings market. The regions covered in the global low temperature powder coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the low-temperature powder coatings market are PPG Industries, AkzoNobel NV, Axalta Coating Systems, Jotun A/S, Teknos Group, Tulip Paints, Protech Powder Coatings, Platinum Phase SDN, CIN Industrial Coatings, and Keyland Polymer.

The global low temperature powder coatings market is segmented -
1) By Resin: Acrylic, Polyurethane, Polyester & Polyester Hybirds, Epoxy & Epoxy Hybirds, Other Resins

2) By Substrate Type: Non-Metal, Metal

3) By End User Industry: Furniture, Appliances, Automotive, Architectural, Retail, Electronics, Medical, Other End-Use Industries

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The Low Temperature Powder Coatings Market Report Contents Include
1. Executive Summary
2. Low Temperature Powder Coatings Market Characteristics
3. Low Temperature Powder Coatings Market Trends And Strategies
4. Impact Of COVID-19 On Low Temperature Powder Coatings
5. Low Temperature Powder Coatings Market Size And Growth
....
26. Africa Low Temperature Powder Coatings Market
27. Low Temperature Powder Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Low Temperature Powder Coatings Market
29. Low Temperature Powder Coatings Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Low Temperature Powder Coatings market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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