Press release
Powder Coatings Market Projected to Reach USD 27.25 Billion by 2034, with an Impressive CAGR of 5.1%
๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ:Powder Coatings-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The powder coatings market was estimated to be worth USD 16.54 billion in 2024 and is predicted to expand to USD 27.25 billion by 2034, with a CAGR of 5.1% from 2025 to 2034.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide powder coatings market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by resin type, coating method, application, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/powder-coatings-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Powder coating refers to a form of coating that is applied in a dry, free-flowing powder form. It is a widely used technique for surface finishing on various materials, such as metals, plastics, and ceramics. The method entails electrostatically depositing charged powder particles onto a surface and subsequently curing the coating with heat, resulting in the powder melting and creating a tough, durable finish. Powder coatings offer a strong and long-lasting finish that withstands chipping, scratching, fading, and various types of wear and tear. In contrast to conventional liquid coatings, powder coatings are solvent-free, leading to lower emissions of volatile organic compounds (VOCs) into the atmosphere. This renders powder coatings a more eco-friendly choice.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ Powder coatings are being utilized in new sectors, such as fixtures, oil and gas, and wastewater management. As innovations progress and applications multiply, the need for powder coatings continues to grow.
โ Powder coatings are utilized through a two-step procedure. Initially, the surface is cleaned and degreased to eliminate impurities, after which an electrostatically charged powder is sprayed onto the material with a spray gun. The excess sprayed powder can be collected and reused using the powder reclamation technique, making powder coatings recyclable.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/powder-coatings-market/inquire-before-buying
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here are the top companies in the powder coatings market:
โข RPM International Inc
โข The Valspar Corporation
โข Nippon Paint Holdings Co. Ltd.
โข Asian Paints Limited
โข Somar Corporation
โข Jotun A/S
โข Sherwin-Williams Company
โข Axalta Coating System LLC
โข Akzonobel N.V. and PPG Industries
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข By resin type insights, the polyester segment dominated the powder coatings market with a revenue share of 27.1% in 2024. This is primarily because these resins are suitable for harsh outdoor conditions and find applications as reinforced linings.
โข By application insights, the consumer goods segment held the largest powder coatings market revenue share of 23.9% in 2024, as powder coatings find widespread applications in several consumer goods.
โข Asia Pacific accounted for the largest revenue share of 38.1% in 2024. The rapid urbanization and industrialization in major nations such as India and China have led to increased demand for powder coatings in the region.
โข North America emerged as the second-largest regional market in 2024. The presence of various end-use sectors, including construction and automotive, in countries such as Canada and the US drives the need for powder coatings in North America.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/powder-coatings-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, Asia Pacific had the largest revenue share of 38.1% in 2024. The swift urbanization and industrial growth in significant countries like India and China have heightened the need for powder coatings in the region.
Also, in 2024, North America became the second-largest regional market. The existence of different end-use sectors, such as construction and automotive, in nations like Canada and the US fuels the demand for powder coatings in the region.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Powder Coatings Market, Resin Type Outlook (Revenue - USD Billion, 2020-2034)
โข Epoxy
โข Polyester
โข Epoxy-Polyester (Hybrid)
โข Acrylic
โข Polyurethane
โข Others
Powder Coatings Market, Applications Outlook (Revenue - USD Billion, 2020-2034)
โข Consumer Goods
โข Architectural
โข Automotive
โข General Industries
โข Furniture
โข Others
Powder Coatings Market, Coating Method Outlook (Revenue - USD Billion, 2020-2034)
โข Electrostatic Spray Coating
โข Fluidized Bed Coating
โข Electrostatic Fluidized Bed Process
โข Flame Spraying
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
N-Butanol Market:
https://www.polarismarketresearch.com/industry-analysis/n-butanol-market
Sic Fibers Market:
https://www.polarismarketresearch.com/industry-analysis/sic-fibers-market
Polycarbonate Sheet Market:
https://www.polarismarketresearch.com/industry-analysis/polycarbonate-sheet-market
Industrial Enzymes Market:
https://www.polarismarketresearch.com/industry-analysis/industrial-enzymes-market
Proppants Market:
https://www.polarismarketresearch.com/industry-analysis/proppants-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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