Global Powder Coating Market, by Resin Type (Epoxy, Acrylic, Polyester, Polyurethane, Hybrid, Polyet

Published Date: | Report Code : CH192043

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The Powder Coating Market is expected to promise high growth due to the high demand for growing appliances and equipment industry in recent years. Increasing demand from End-Use Industries such as oil & gas, construction, automotive, electrical & electronics, water & wastewater treatment, industrial and others is estimated to drive the growth of the market.

Powder coating is a dry finishing process, using fine particles of various types of resins, which are sprayed onto a workpiece. For the last 30 years, powder coatings have been extensively used in comparison to other traditional coatings and paints. Some of the advantages of powder coatings over traditional coatings methods include powder is immediately ready to use, less powder wastage during the application process, reduced health hazards, superior cured-film properties, and others. Powder coatings are very cost-effective and economical due to the fact that these coatings are solvent and volatile organic compound free materials. Powder coatings offer superior physical and mechanical properties some of which include superior durability, gloss retention, scratch resistance and resistance to chalking.

Segment Insights

The demand for powder coatings is growing due to the increasing use of powder coatings in various applications including appliances, automotive, equipment, construction and so on. Technological advancement and environmentally friendly properties of Powder coatings are making it a suitable alternative for the conventional coating techniques. 

Some of the key Impact Factors:

  • Low cost
  • Strict environmental norms
  • Growing appliances and equipment industry

Regional Analysis

On the basis of the region, the powder coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that 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 the 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 powder coatings market during the forecast period. This demand is with regard to the growth of major end-use industries oil & gas, construction, automotive, electrical & electronics, water & wastewater treatment, industrial and others. 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 powder coatings 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 power coatings market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: AkzoNobel N.V., Asian Paints Limited, PPG Industries Inc., Berger Paints, Axalta Coatings Systems,…

Market Segmentation:

By Resin Type:

  • Epoxy
  • Acrylic
  • Polyester
  • Polyurethane
  • Hybrid
  • Polyethylene
  • Others

By Coating Method:

  • Electrostatic Spray
  • Fluidized Bed 

By Application:

  • Appliance
  • Equipment
  • Architectural
  • Furniture
  • Others 

By End-Use Industry:

  • Oil & Gas
  • Construction
  • Automotive
  • Electrical & Electronics
  • Water & Waste Water Treatment
  • Industrial
  • Others

By Region:

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

Reasons to buy this report:

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

Customization:

We provide customization of the study to meet the specific requirements:

  • By segment
  • By sub-segment
  • By region/ country

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