Press release
Automotive Powder Coating Market Trends and Dynamic Demand by 2030
Global Automotive Powder Coating Market
Automotive Powder Coatings have high chemical and mechanical properties, including crush resistance, and excellent smoothness. A uniform combination of polymers, pigments, and additives are created in the form of fine powder for powder coatings, which are 100% solid coatings. These coatings, which don't include solvents, offer both long-lasting and beautiful finishes. Using a spray cannon, which gives powder particles an electrical charge and drives them toward the surface to be coated, the powder is applied. The powder then melts, flows out, and forms a strong, cohesive film when the object is heated.
Faster manufacturing and lower operational costs are changing the automotive sector thanks to powder coatings. Additionally, they provide consumers an unbeatable value proposition. For auto body exteriors, the transition from traditional liquid coatings to powder coatings is happening quickly. Due to their resistance to corrosion and abrasion, powder coatings are employed in automotive applications. Acid rain, UV sun rays, road and weather damage are all things that powder coatings are resistant to. This increases the longevity of the "showroom look" of cars, increasing their resale value. On aftermarket mufflers, there is enormous opportunity for high-heat resistant powder coatings that prevent nicks and increase muffler lifespan.
This report examines all the key factors influencing growth of global Automotive Powder Coating market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Automotive Powder Coating market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Global Automotive Powder Coating Market: Major Players
Nippon Paint Co
PPG Industries
DIC Corporation
Nordson
Jotun A/S
Sherwin-Williams
Neokem
BASF
AkzoNobel
Royal DSM
DuPont
Eastman Chemical Company
The Valspar Corporation
Kansai Paint Co Ltd
Evonik Industries
Global Automotive Powder Coating Market: By Types
Polyester/TGIC Powder Coating
Acrylics Powder Coating
Polyester/Urethane Powder Coating
Hybrid Powder Coating
Epoxy Powder Coating
Other
Global Automotive Powder Coating Market: By Applications
Wheels
Engine Blocks
Other Automotive Parts
Global Automotive Powder Coating Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Powder Coating market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Automotive Powder Coating Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
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The analysis objectives of the report are:
1. To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
2. To know the Automotive Powder Coating Market by pinpointing its many subsegments.
3. To profile the important players and analyze their growth plans.
4. To endeavor the amount and value of Automotive Powder Coating sub-markets, depending on key regions (various vital states).
5. To analyze Automotive Powder Coating Market concerning growth trends, prospects, and also their participation in the entire sector.
6. Primary worldwide Automotive Powder Coating Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans next coming years.
7. To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.
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