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Energy Efficient Powder Coatings Market Detailed methodology, scope, assumptions and data sources
Energy Efficient Powder Coatings Market Size is consolidated with the presence of few big companies holding a large industry share. Major players are AkzoNobel, Jotun, BASF, IGP, PPG Industries, TCI, Kansai Paints, Axalta, Asian Paints, Berger Paints. Companies are heavily investing in research & development activities, mergers, acquisitions and new product launch to increase their share in industry. for instance, AkzoNobel is planning to increase its industry share by separating its two business focussed on speciality chemicals and paints. This would help in reducing their uncertainties & risks and become more focussed.Global Market Insights has a new study based report titled " Energy Efficient Powder Coatings Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Italy, Russia, China, Japan, India, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024".
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Energy Efficient Powder Coatings Market size will witness a steady growth owing to its increased application in automobile, transportation, electrical and furniture industry. It lowers the baking temperature of oven, thereby reducing the energy consumption. Less energy utilization for finishing on heat sensitive substrates are expected to propel energy efficient powder coatings market.
Growing furniture industry has propelled energy efficient powder coatings market. These are mostly used when component range is quite heterogeneous. If component range varies, there is a risk of discolouration due to high peak temperature. This risk can be reduced with their use as it reduces peak temperature.
1. Energy Efficient Powder Coatings Market size & forecast by product & application
2. Growth drivers, pitfalls & industry challenges
3. Key Energy Efficient Powder Coatings Market growth opportunities & emerging business
models
4. Competitive benchmarking with market share analysis and company profiles
The product increases the line speed, thus decreasing the throughput time. Further, it is used in for metallic substrates, timber derivatives and plastic components that cannot be exposed to high temperature that in turn is anticipated to propel energy efficient powder coatings market during forecast period.
Energy efficient powder coatings are low temperature or low cure coatings. These do not require solvent for application that resolves the problem of sagging. They are used in automobile wheels, aerospace, garden equipment, furniture and job painting industry for timber derivatives and facades. Additionally, it provides resistance from corrosion, chemical, impact and UV rays.
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The Energy Efficient Powder Coatings Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Energy Efficient Powder Coatings Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Energy Efficient Powder Coatings Market Product Insights
5. Energy Efficient Powder Coatings Market Application Insights
6. Energy Efficient Powder Coatings Market Regional Insights
7. Competitor Profiles
Restriction for energy efficient powder coatings market is short shelf life, limited gloss range, levelling characteristics and storage conditions. It requires climate controlled storage condition that increases the overall cost. Sometimes there is risk of operation with empty hangers as with changes in colour and type of powder coating, changes in oven settings is required that are not cost effective.
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Asia Pacific, led by China and India has substantial share in energy efficient powder coatings market. It is expected to show considerable growth due to increasing demand for electronics, automobiles and agriculture equipment.
North America energy efficient powder coatings market has a significant share with growing heavy machinery and manufacturing industry. Europe has shown growth in powder coating with prevalent construction industry. Further, their application has enhanced due to environmental regulations against volatile organic compounds. Latin America shall be witnessing growth with growing furniture and automobile industry.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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