Global Powder Coatings Market Size And Powder Coatings Market Growth Opportunities
The Business Research Company’s Powder Coatings Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, October 11, 2021 /EINPresswire.com/ — According to the new market research report ‘Powder Coatings Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the powder coatings market is expected to grow from $22.11 billion in 2020 to $24.39 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $30.98 billion in 2025 at a CAGR of 6%. The limitations on products that generate high VOCs promote the sales of powder coatings thereby driving the market.
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The powder coatings market consists of sales of powder coatings. Powder coating is a finishing process and keeps the binder and filler parts in a liquid suspension form.
Trends In The Global Powder Coatings Market
Companies are now focusing on a new coating technology for heat sensitive substrates such as medium density fiberboard (MDF). This technology consumes low power as the curing process is done in lower temperature compared to the conventional method. For instance, IGP-RAPID released by IGP are based on new raw materials combined with IGP technology and enables a low-temperature powder coatings at 266°F (130°C) and curing times of 3 minutes. This technology is ecological, enhances product design, and provides long-term functional protection.
Global Powder Coatings Market Segments:
The global powder coatings market is further segmented:
By Type: Thermoset, Thermoplastic
By End-User Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Others
By Coating Method: Electrostatic Spray, Fluidized Bed
By Geography: The global powder coatings market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Powder Coatings Market At:
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Powder Coatings Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides powder coatings market overviews, analyzes and forecasts market size and growth for the global powder coatings market, powder coatings market share, powder coatings market players, powder coatings market segments and geographies, powder coatings market’s leading competitors’ revenues, profiles and market shares. The powder coatings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Powder Coatings Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Powder Coatings Market Organizations Covered: AkzoNobel N.V., PPG Industries, Sherwin Williams, BASF SE, Axalta Coating Systems, Kansai Nerolac Paints Limited, Jotun, IFS Coatings, The Valspar Corporation, Asian Paints, RPM International, Dulux Powder & Industrial Coating, Dupont Coating & Colour Technologies Group, Somar Corporation, Marpol, Protech Oxyplast Powder Coating, Nippon Paint Co., Ltd., Evonik Industries, Berger Paints India Limited, IGP Pulvertechnik AG, Tiger Coatings, Cloverdale Paint, Inc., Vogel Paint, Inc., Hentzen Coating, Inc., Alpha Coating Technologies, Cardinal, Royal DSM, Ferro Arte de Mexico, TCI Powder Coatings, IGP Pulvertechnik AG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Here is a list of reports from The Business Research Company similar to the Powder Coatings Global Market Report 2021:
Low Temperature Powder Coatings Global Market Report 2020 – By Resin (Acrylic, Polyurethane, Polyester & Polyester Hybrids, Epoxy & Epoxy Hybrids), By Substrate Type (Non-Metal, Metal), By End-Use Industry (Furniture, Appliances, Automotive, Architectural, Retail, Electronics, Medical), COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/low-temperature-powder-coatings-global-market-report
Paints And Coatings Global Market Report 2021 – By Type (Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints And Coatings), By Application (Architectural, Automotive, Wood, Packaging, Aerospace), By Type Of Resin (Acrylic, Polyurethanes, Polyesters, Epoxy, Alkyd), By Performance Range (Commodity Coating Range, Engineering Coating Range, High-Performance Coating Range), COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/paints-and-coatings-global-market-report-2020-30-covid-19-impact-and-recovery
Hot-Melt-Based Adhesives Global Market Report 2021 – By Type (Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-Butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types), By Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), By End User (Building And Construction, Packaging, Transportation, Electrical And Electronic Appliances, Healthcare), COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/hot-melt-based-adhesives-global-market-report
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