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At 6.3% CAGR, Global Powder Coatings Market Size to Surpass USD 22.72 Billion by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

11-08-2022 07:45 AM CET | Science & Education

Press release from: Facts & Factors

Powder Coatings Market

Powder Coatings Market

The global industry outlook, market size, business intelligence, consumer preferences, statistical surveys, comprehensive analysis, historical developments, current trends, and forecasts, 2020-2026, according to a Facts and Factors report titled "Powder Coatings Market By Resin Type (Thermoset, and Thermoplastic), By Coating Method (Electrostatic Spray, and Fluidized Bed), and By End-use (Appliances, Automotive, General Industrial, Architectural, and Furniture). By 2026, the market is projected to develop at a CAGR of 6.3% and reach about USD 22.72 billion.

Dry powder is electrostatically deposited as a coating, which is then heated to cure it. It could be a thermoplastic or thermoset polymer. In general, metals like aluminum extrusions, home appliances, cars, bicycle parts, drum hardware, and motorcycles are coated with a substance called powder coating. It offers benefits like better lifespan, scratch resistance, chalking resistance, and gloss preservation. It is applied to metal components that are subject to harsh conditions. It operates in an environmentally responsible manner and complies with AAMA regulations. Due to the absence of solvents and volatile organic chemicals, powder coating is cost-effective. Additionally, the excess powder coating that was sprayed on could be salvaged and recycled, lowering the cost.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/powder-coatings-market-by-resin-type-thermoset-and-1230

Powder coating sales have increased as a result of advancing technology and rising demand from a variety of industries, including earthmoving equipment, furniture, automotive, architecture, and agriculture. Furthermore, as powder coatings are free of solvents and volatile organic compounds (VOC), strict environmental regulations are promoting their market expansion. The world's expanding automobile sector is expected to fuel this market's rapid expansion in the coming years.

Based on resin type, coating technique, and end-use, the powder coatings market is divided into segments. The market is divided into thermoset and thermoplastic segments based on resin-type segmentation. Currently, the thermoset resin type dominates the market. The solid resins used in these powder coatings have a lower molecular weight. High temperatures cause these coatings to melt, flow, and form chemical crosslinks with one another and with other reactive substances, which results in a larger molecular weight reaction product. After curing, the coating maintains its thermal stability. The market is segmented into the electrostatic spray and fluidized bed on the basis of the coating method.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/powder-coatings-market-by-resin-type-thermoset-and-1230

In addition, the end-use segmentation has been divided into categories for furniture, automobiles, general industry, and appliances. Because of the expanding automobile industry, the automotive segment has dominated the world market. A rise in the consumption of appliances such refrigerators, freezer cabinets, air conditioner cabinets, dryer drums, washer tops and lids, dishwasher racks, water heaters, and microwave ovens are also predicted to make the appliances segment the market with the quickest growth over the projection period.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ž๐ฌ๐ฌ๐ž๐ง๐ญ๐ข๐š๐ฅ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฎ๐ญ ๐ง๐จ๐ญ ๐ซ๐ž๐ฌ๐ญ๐ซ๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž PPG Industries, Inc., The Sherwin-Williams Company, Akzo Nobel N.V., Axalta Coating Systems, LLC., Asian Paints Limited, Jotun Group, Nippon Paint Holdings Co., Ltd., BASF SE, and RPM International Inc. amongst others.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/powder-coatings-market-by-resin-type-thermoset-and-1230

๐“๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ญ๐ก๐ž ๐ฉ๐จ๐ฐ๐๐ž๐ซ ๐œ๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ฌ ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐‘๐ž๐ฌ๐ข๐ง ๐“๐ฒ๐ฉ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Thermoset
Thermoplastic

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐ž๐ญ๐ก๐จ๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Electrostatic Spray
Fluidized Bed

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐„๐ง๐-๐ฎ๐ฌ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Appliances
Automotive
General Industrial
Architectural
Furniture

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
The U.S.
Canada
๐„๐ฎ๐ซ๐จ๐ฉ๐ž
France
The UK
Spain
Germany
Italy
Rest of Europe
๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
Brazil
Mexico
Rest of Latin America
๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ & ๐€๐Ÿ๐ซ๐ข๐œ๐š
GCC
South Africa
Rest of the Middle East & Africa

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/powder-coatings-market-by-resin-type-thermoset-and-1230

๐“๐ก๐ž ๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ'๐ฌ ๐ฌ๐š๐ฅ๐ข๐ž๐ง๐ญ ๐œ๐ก๐š๐ซ๐š๐œ๐ญ๐ž๐ซ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ซ๐ž ๐š๐ฌ ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:

Market share and rival companies
Market organization: Overview
Growth factors and restrictions
Analysis of the Porter Five
SWOT evaluation
Market forecasts and trends
Market divisions and projections
newest trends
Development possibilities.

๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐ฅ๐ฌ๐จ ๐„๐ฑ๐š๐ฆ๐ข๐ง๐ž๐ฌ:

Competitive businesses and producers in the worldwide market
Applications, Product Type, and Growth Factors
Current Situation and Future Prospects of the Major Applications, End Users, and Usage Area

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