Press release
Powder Coating Market Projected to Reach USD 20.55 Billion by 2030, Growing at 4.2 Percentage CAGR
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:The Powder Coating market is driven by the demand for eco-friendly coatings, which contain no volatile organic compounds (VOCs) and help reduce pollution. This growth is fueled by rising awareness and adherence to environmental regulations. Applications across various industries, such as automotive and appliances, are expanding, particularly in the Asia-Pacific region, which dominates the market due to robust construction and industrial investments. Challenges include generating thin films and complying with stringent wastewater discharge regulations.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/13419/
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
The powder coating market is driven by rising environmental regulations and demand for eco-friendly solutions, as these coatings eliminate VOCs and reduce pollution. The automotive industry's growth also boosts demand, with innovations enhancing applications. However, challenges include generating thin films and meeting stringent local wastewater discharge regulations, which can complicate production and increase costs.
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
In 2023, APAC led the powder coating market with a 42% share and a 4.2% CAGR, driven by booming construction and rising incomes. China and India's infrastructure investments bolster demand. North America's growth is fueled by increased automotive production and VOC emission regulations, while Eastern Europe's housing sector supports MDF demand.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/13419/
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐:
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2023: USD 15.41 Bn.
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2030: USD 20.55 Bn.
๐๐๐๐: 4.2% (2024-2030)
๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐จ๐: 2024-2030
๐๐๐ฌ๐ ๐๐๐๐ซ: 2023
๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐๐ ๐๐ฌ: 252
๐๐จ. ๐จ๐ ๐๐๐๐ฅ๐๐ฌ: 126
๐๐จ. ๐จ๐ ๐๐ก๐๐ซ๐ญ๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: 118
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐: North America, Europe, Asia Pacific, Middle East and Africa, South America
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Thermoset
Thermoplastic
๐๐ฒ ๐๐๐ฌ๐ข๐ง
Epoxy
Polyester
Epoxy-Polyester (Hybrid)
Acrylic
Polyurethane
Others
๐๐ฒ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ญ๐ก๐จ๐
Electrostatic Spray
Fluidized Bed
Others (Electrostatic Fluidized Bed Process and Flame Spraying)
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Appliances
Automotive
General Industrial
Architectural
Furniture
Other (Oil & Gas, Biopharma, Wastewater, Pipes, Fittings, Filters, Flanges, Valves, and Tanks)
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/13419/
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The Sherwin-Williams Company (US)
PPG Industries, Inc. (US)
Axalta coating systems (US)
RPM International Inc. (US)
Valspar (US)
Hentzen Coatings, Inc. (US)
IFS Coatings (US)
BASF SE (Germany)
Bayer AG (Germany)
Emil Frei Gmbh & Co. KG (Germany)
Arkema S.A. (France)
SOMAR (Japan)
Kansai Paint Co., Ltd (Japan)
Berger Paints India Limited (India)
Asian Paints Limited (India)
Jotun (Norway)
TIGER Coatings GmbH & Co. KG (Austria)
KAPCI Coatings (Zimbabwe)
DuluxGroup Limited (Australia)
Primatek Coatings Oร (Estonia)
KCC Corporation (South Korea)
IGP powder Technik AG (Switzerland)
DSM (Netherlands)
Akzo Nobel N.V (Netherlands)
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/powder-coating-market/13419/
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
The Cement Paints Market size was valued at USD 13.41 Billion in 2023 and the total Cement Paints Market size is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 20.9 Billion by 2030. In 2023, the U.S. paint and coatings industry produced about 1.32 billion gallons. It is expected that production will increase to over 1.40 billion gallons in 2027.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/cement-paints-market/257115/
The Tensile Architecture Membrane Market size was valued at USD 1.52 Billion in 2023 and the total Tensile Architecture Membrane Market revenue is expected to grow at a CAGR of 5.66% from 2024 to 2030, reaching nearly USD 2.24 Billion. The Y-o-Y growth rate of the global Tensile Architecture Membrane Market is 3.58% from 2023 to 2024, and it is expected to raise to 4.06% from 2024 to 2025.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/tensile-architecture-membrane-market/256789/
Global Electrical Insulation Paper Market size is expected to reach nearly US$ 1.85 Bn. by 2027 with the CAGR of 5.55% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-electrical-insulation-paper-market/96784/
Global Boron Trifluoride-Methanol Complex Market is expected to reach US$ 414.47 Mn. by 2030, at a CAGR of 5.2% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-boron-trifluoride-methanol-complex-market/88173/
Plastomer Market size was valued at US$ 4.06 Bn. in 2022, and the total Plastomer revenue is expected to grow at 8.49% from 2022 to 2029, reaching nearly US$ 7.20 Bn.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-plastomer-market/32015/
Octyl Acid Phosphate Market is expected to reach US$ 3218.4 Mn. by 2029, at a CAGR of 6.2% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-octyl-acid-phosphate-market/83627/
Cellulose Acetate Phthalate Market is expected to reach US$ 6.92 Bn. by 2030, at a CAGR of 5.3% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-cellulose-acetate-phthalate-market/80480/
๐ฅ๐ข๐ง๐ค๐๐๐ข๐ง ๐๐จ๐ฌ๐ญ:
https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7233782765433815040-_lnd?utm_source=share&utm_medium=member_desktop
https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7233813091879186432-T2N4?utm_source=share&utm_medium=member_desktop
https://www.linkedin.com/pulse/contact-center-analytics-market-global-industry-analysis-wadekar-kj2kc/?published=t
https://www.linkedin.com/pulse/parenteral-nutrition-market-industry-analysis-forecast-snehal-wadekar-rtodc/?published=t
https://www.linkedin.com/pulse/bulimia-nervosa-market-global-growth-disorder-type-drug-wadekar-ztm1c/?published=t
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
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