The Global Powder Coatings Market Research Report 2021-2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Powder Coatings data that enhances the understanding, scope, and application of this report.
In 2020, the global Powder Coatings market size was US$ 10850 million and it is expected to reach US$ 16490 million by the end of 2027, with a CAGR of 6.2% during 2021-2027.
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Top Companies in the Global Powder Coatings Market: Akzonobel, Sherwin-Williams, PPG Industries, Axalta Coating Systems, Arsonsisi, TIGER Drylac, RPM International, Nippon Paint, Jotun Powder Coatings, 3M, TITAN Powder Coatings, Teknos, Masco, ST Powder Coatings, Ripol, RIH, Pulverit, Protech-Oxyplast, American Powder Coatings, IGP, CIN, ADAPTA COLOR, Aiyue Group, Huajia, Jingaoli Group, Wisely, Fujian Wanan, Meijia New Materials, Zhejiang Huacai, and Others.
Powder coating is a type of coating that is applied as a free-flowing, dry powder. The main difference between a conventional liquid paint and a powder coating is that the powder coating does not require a solvent to keep the binder and filler parts in a liquid suspension form. The coating is applied electrostatically and is then cured under heat to allow it to flow and form a skin. The powder may be a thermoplastic or a thermoset polymer. It is usually used to create a hard finish that is tougher than conventional paint.
The main global Powder Coatings manufactures include Akzonobel, Sherwin-Williams, PPG Industries, Axalta Coating Systems, Arsonsisi, etc. The top five Powder Coatings manufactures account for approximately 24% of the total global market. Asia-Pacific is the largest consumer market for Powder Coatings, accounting for about 75%, followed by Europe and North America. In terms of product, Thermoset Powder Coating is the largest segment, with a share about 75%. And in terms of application, the largest application is Indoor Application, followed by Outdoor/Architectural Application.
This report segments the Global Powder Coatings Market on the basis of Types are:
Thermoset Powder Coating
Thermoplastic Powder Coating
On the basis of Application, the Global Powder Coatings Market is segmented into:
Appliance & Housewares
The Competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which include their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
Investigator Observers Strong Growth in Specific Regions:
– North America (United States, Canada, Mexico)
– Europe (Germany, UK, France, Italy, Spain, Russia)
– Asia-Pacific (China, Japan, South Korea, Australia, India)
– South America (Brazil, Argentina, Columbia)
– The Middle East and Africa (UAE, Egypt, South Africa)
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Influence of the Powder Coatings Market Report:
-Comprehensive assessment of all opportunities and risk in the Powder Coatings market.
–Powder Coatings market recent innovations and major events.
-Detailed study of business strategies for growth of the Powder Coatings market-leading players.
-Conclusive study about the growth plot of Powder Coatings market for forthcoming years.
-In-depth understanding of Powder Coatings market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Powder Coatings market.
Important Questions Answered
What is the growth potential of the Powder Coatings market?
Which company is currently leading the Powder Coatings market? Will the company continue to lead during the forecast period 2021-2027?
What are the top strategies that players are expected to adopt in the coming years?
Which regional market is anticipated to secure the highest market share?
How will the competitive landscape change in the future?
What do players need to do to adapt to future competitive changes?
What will be the total production and consumption in the Powder Coatings Market by 2027?
Which are the key upcoming technologies? How will they impact the Powder Coatings Market?
Which product segment is expected to show the highest CAGR?
Which application is forecast to gain the biggest market share?
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Finally, the Powder Coatings Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. Powder Coatings industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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