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Powder Coatings Market Analysis 2023: Market Growth Rate, Competitive Landscape And Top Opportunities
Powder Coatings Market
The Business Research Company's Powder Coatings Global Market Report 2023 identifies increasing demand for the construction sector as the major driver for the Powder Coatings market's growth in the forecast period. The construction sector, also known as the construction industry, encompasses a broad range of activities related to the planning, design, construction, renovation, and maintenance of physical structures and infrastructure.
The powder coatings market size has grown strongly in recent years. It will grow from $19.06 billion in 2023 to $20.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%.It will grow to $26.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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Major competitors in the Powder Coatings market are AkzoNobel NV, PPG Industries Inc., Sherwin-Williams Company, BASF SE, Axalta Coating Systems Ltd., Kansai Nerolac Paints Limited , Jotun Group, IFS Coatings, Valspar Corporation.
A key trend in the Powder Coatings market includes major companies operating in the powder coatings. The innovation of online powder coatings website offers resources and information about equipment, systems, supplies, and products for powder coating. For instance, in September 2021, PPG Industries Inc., a US-based paint and coatings manufacturing company launched an online powder e-commerce website to make the company's powder coatings available in small amounts quickly and easily to powder coating job shops, metal fabricators, metal manufacturers, and other businesses in the United States.
Read More On The Global Powder Coatings Market Report Here:
https://www.thebusinessresearchcompany.com/report/powder-coatings-global-market-report
The Powder Coatings market is segmented -
• By Type: Thermoset, Thermoplastic
• By Coating Method: Electrostatic Spray, Fluidized Bed
• By End Userr Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Other End-User Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Powder Coatings market.
The Business Research Company's "Global Powder Coatings Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Powder Coatings Market Include:
1. Executive Summary
2. Powder Coatings Market Characteristics
3. Powder Coatings Market Trends And Strategies
4. Powder Coatings Market - Macro Economic Scenario
5. Global Powder Coatings Market Size and Growth
……………
31. Global Powder Coatings Market Competitive Benchmarking
32. Global Powder Coatings Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Powder Coatings Market
34. Powder Coatings Market Future Outlook and Potential Analysis
35. Appendix
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