Powder Coatings Market Growth Is Expected to Accelerate at A Whopping 6.0% CAGR BY 2032

The powder coatings market reached a valuation of US$ 12.72 Billion by 2021, and is likely to register a Y-o-Y growth rate of 5.0% in 2022, closing at US$ 13.48 Billion. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a whopping 6.0% CAGR, reaching US$ 24.15 Billion.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Powder Coatings Market both at worldwide and provincial levels.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : -https://www.factmr.com/connectus/sample?flag=S&rep_id=4540?pj

𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: -

• PPG Industries
• The Sherwin-Williams Company
• Akzo Nobel N.V.
• Axalta Coating Systems LLC
• Jotun A/S

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

• By Resin :

• Epoxy
• Polyester
• Epoxy-Polyester (Hybrid)
• Acrylic
• Polyurethane
• Epoxy Polyester

• By Application :

• Consumer Goods
• Architectural
• Automotive
• General Industries
• Furniture

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Prominent players in the Powder Coatings Industry are taking advantage of the rapidly increasing demand for the Powder Coatings in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:

• In April 2022, PPG Industries announced that it had completed the acquisition of the powder coatings manufacturing business of Arsonsisi, an industrial coatings company based in Milan, Italy.

• In September 2021, Covestro's Ultra series of coating hardeners was used by BASF's Coatings division. As a result, BASF was able to improve its refinish coatings portfolio to meet the strict occupational safety regulations for isocyanate usage.

• In May 2021, PPG launched CORAFLON platinum coatings for architectural metals. Compared to standard fluoroethylene vinyl ether coatings, the patented coatings technology provides high transfer efficiency rates of over 20% and improved corrosion resistance. PPG CORAFLON Platinum products are available globally in various colors, glosses, micas, and metallic finishes.

• In June 2021, AkzoNobel announced its plan to acquire Grupo Orbis to strengthen its South and Central America position. Depending on regulatory clearances, the acquisition is anticipated to be completed by the end of this year or early in 2022. Pintuco paints and coatings, Andercol and Poliquim (resins), and Mundial (distribution and services) are all part of the deal.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐬

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU - (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

𝐇𝐨𝐰 𝐅𝐚𝐜𝐭.𝐌𝐑 𝐀𝐬𝐬𝐢𝐬𝐭𝐬 𝐢𝐧 𝐌𝐚𝐤𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐌𝐨𝐯𝐞𝐬?

• The data provided in the Powder Coatings Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 :https://www.factmr.com/connectus/sample?flag=RC&rep_id=4540?PJ

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