Global Powder Coatings Market Size

1. Global Powder Coatings Market Size, Share, Growth Analysis, By Resin By ApplicationIndustry Forecast 2023-2030 Global Powder Coatings Market size was valued at USD 12.80 billion in 2021 and is poised to grow from USD 13.80 billion in 2022 to USD 25.16 billion by 2030, at a CAGR of 7.8% during the forecast period (2023-2030). The global powder coatings market is a rapidly growing industry, driven by the increasing demand for eco- friendly coatings and the expanding construction and automotive sectors. Powder coatings are used for a wide range of applications, including metal furniture, appliances, automotive parts, and architectural structures. One of the major drivers of the powder coatings market is the increasing demand for eco- friendly coatings. Powder coatings are free from solvents and volatile organic compounds (VOCs), making them a more sustainable and environmentally friendly option. As regulations on VOC emissions become more stringent, the demand for powder coatings is expected to increase even further. Additionally, the expanding construction and automotive sectors are driving the growth of the

2. powder coatings market. As urbanization and industrialization continue to grow, the demand for high-quality and durable coatings for infrastructure, buildings, and vehicles is also increasing. The growing use of powder coatings in the electronics and aerospace industries is also expected to drive market growth. However, the powder coatings market also faces certain restraints, such as high production costs and the complexity of the application process. Several key trends are shaping the powder coatings market. These include the increasing use of smart coatings that can change color or reflect light and the development of ultra-thin coatings that provide high levels of corrosion resistance. There are also several opportunities in the powder coatings market, such as the development of new coatings for specific applications and the increasing adoption of powder coatings in emerging markets such as Asia-Pacific and Latin America. The rising demand for powder coatings in the healthcare and food industries is also expected to drive market growth.

3. Global Powder Coatings Market Segmental Analysis Global Powder Coatings Market is segmented on the basis of resin, application, and region. By resin, the market is segmented into epoxy, polyester, epoxy- polyester (hybrid), acrylic, polyurethane, and other resins. By application, the market is segmented into architectural, furniture, automotive, consumer goods, general industries, and other applications. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

4. View-More https://www.skyquestt.com/report/powder-coatings- market Top Player’s Company Profiles in Global Powder Coatings Market •Akzo Nobel N.V. (Netherlands) •PPG Industries, Inc. (US) •Sherwin-Williams Company (US) •Axalta Coating Systems Ltd. (US) •Jotun Group (Norway) •TIGER Coatings GmbH & Co. KG (Austria) •Nippon Paint Holdings Co., Ltd. (Japan) •RPM International Inc. (US) •Kansai Paint Co., Ltd. (Japan) •KCC Corporation (South Korea) •Hempel A/S (Denmark) •Berger Paints India Limited (India) •The Valspar Corporation (US) •IGP Powder Coatings (Switzerland) •Wacker Chemie AG (Germany) •Protech Powder Coatings Inc. (US) •Asian Paints Limited (India)

5. •TCI Powder Coatings (US) •Ferro Corporation (US) •Toyo Ink SC Holdings Co., Ltd. (Japan) About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741

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