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Powder Coating Market Projected to Reach USD 20.55 Billion by 2030, Growing at 4.2 Percentage CAGR

08-27-2024 08:11 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Powder Coating Market

Powder Coating Market

๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/13419/

๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

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.

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

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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/13419/

๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2023: USD 15.41 Bn.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2030: USD 20.55 Bn.

๐‚๐€๐†๐‘: 4.2% (2024-2030)

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐๐ž๐ซ๐ข๐จ๐: 2024-2030

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2023

๐๐ฎ๐ฆ๐›๐ž๐ซ ๐จ๐Ÿ ๐๐š๐ ๐ž๐ฌ: 252

๐๐จ. ๐จ๐Ÿ ๐“๐š๐›๐ฅ๐ž๐ฌ: 126

๐๐จ. ๐จ๐Ÿ ๐‚๐ก๐š๐ซ๐ญ๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: 118

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž: North America, Europe, Asia Pacific, Middle East and Africa, South America

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž 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.

๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž
Thermoset
Thermoplastic

๐๐ฒ ๐‘๐ž๐ฌ๐ข๐ง
Epoxy
Polyester
Epoxy-Polyester (Hybrid)
Acrylic
Polyurethane
Others

๐๐ฒ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐ž๐ญ๐ก๐จ๐

Electrostatic Spray
Fluidized Bed
Others (Electrostatic Fluidized Bed Process and Flame Spraying)

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Appliances
Automotive
General Industrial
Architectural
Furniture
Other (Oil & Gas, Biopharma, Wastewater, Pipes, Fittings, Filters, Flanges, Valves, and Tanks)

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/13419/

๐๐จ๐ฐ๐๐ž๐ซ ๐‚๐จ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

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 Oรœ (Estonia)
KCC Corporation (South Korea)
IGP powder Technik AG (Switzerland)
DSM (Netherlands)
Akzo Nobel N.V (Netherlands)

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/powder-coating-market/13419/

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-cellulose-acetate-phthalate-market/80480/

๐ฅ๐ข๐ง๐ค๐ž๐๐ข๐ง ๐๐จ๐ฌ๐ญ:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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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