Powder Coating Market was valued at USD 11.8 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. There is a growth in demand for powder coating with new applications being developed. The furniture and home appliances industry will continue to grow steadily. It and communication are also new markets where the application of powder coating is extensively explored. Door handles, bumpers, window handles and other parts of automobiles, including radiator springs, shock absorbers and breaking parts are also powder coated.
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Top Major Key Player Industries
PPG Industries, Inc. (US),
The Sherwin-Williams Company (US),
Akzo Nobel N.V. (Netherlands),
Axalta Coating Systems, LLC (US),
Jotun AS (Norway).
By Resin Type
Thermoset
Thermoplastic
By Coating Method
Electrostatic Spray
Fluidized Bed
By End-Use Industry
Appliances
Automotive
General Industrial
Architecture
Furniture
Others (wind energy, oil & gas, biopharma, wastewater, pipes, fittings, filters, flanges, valves, and tanks)
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Scope of the Report
The research study analyzes the global Powder Coating industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Powder Coating Market Report
What was the Powder Coating Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Powder Coating Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Powder Coating Market was the market leader in 2022
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market ?
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