Global Low-Cure Coating Market (Low Temperature Coating), By Coating Type (Powder-Based, Liquid-Base

Published Date: | Report Code : CH1918771


The Low-Cure Coating Market is expected to promise high growth owing to the increasing demand for lightweight vehicles in recent years. Increasing demand from End-Use industries including automotive, industrial, heavy-duty equipment, architecture, furniture, and Others of key developments by major companies including PPG Industries, DuPont, The Valspar Corporation, Axalta Coating Systems, Forrest Technical Coatings, and others with focus on organic as well as inorganic growth strategies.  Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Low-cure coatings are designed to develop fully cured coatings when setting at low oven temperatures or with shorter dwell times at standard oven temperatures. They are used for coating equipment and machinery operating in extreme conditions due to their short healing time and increased efficiency level.

Segment Insights:

Based on the coating type, the powder-based segment is expected to grow a higher rate as compared to the liquid-based segment, as the former exhibits superior qualities, including high resistance to corrosion, durability, and cost-effectiveness. The market has witnessed a number of developments, including increased demand for low-cure coatings from various end-use industries, such as automotive and shipping industries. Companies have been adopting strategies such as new product development, expansions, and mergers & acquisitions, etc., in recent years to grow in the market. This is expected to boost the growth of the global low-cure coating market during the forecast period.

Key Factors Impacting Market Growth:

  • Increasing demand for lightweight vehicles
  • Growing demand for surface protection of industrial components
  • Recovering economies in developed regions resulting in steady growth 

Regional Analysis:

On the basis of the region, the low-cure coating market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of the major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the low-cure coating market during the forecast period. This demand is with regard to the growth of major end-use industries such as automotive, industrial, heavy-duty equipment, architecture, furniture. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for low-cure coating market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for low-cure coating markets include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: PPG Industries, DuPont, The Valspar Corporation, Axalta Coating Systems, Forrest Technical Coatings, Bowers Industrial, Vitracoat America, Speciality Polymer Coatings Inc., and Platinum Phase SND BHD...

Market Segmentation:

By Coating Type:

  • Powder-Based
  • Liquid-Based

By Resin Type:

  • Polyester
  • Epoxy
  • Polyurethane
  • Acrylic
  • Others 

By End User:

  • Automotive
  • Industrial
  • Heavy-Duty Equipment
  • Architecture
  • Furniture
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Coating Type
    • By Resin Type
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Coating Type
    • By Resin Type
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Coating Type
    • By Resin Type
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Coating Type
    • By Resin Type
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Coating Type
    • By Resin Type
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Coating Type
    • By Resin Type
    • By End User

Reasons To Buy This Report:

  • Market size estimation of the low-cure coating market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


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