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Powder coatings Market To Reach USD 18.32 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary Increase in demand owing to its properties such as durability, scratch resistance, and glossy look is influencing the market growth. Market Size – USD 11.10 Billion in 2018, Market Growth - CAGR of 6.2%, Market Trends – Rise of environment-friendly coating technologies.
Our Approach Market Summary The global powder coatings market is expected to reach USD 18.32 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increase in demand owing to its properties such as durability, scratch resistance, and glossy look which are influencing the market growth. Growing popularity among end users, especially automotive, shipbuilding and pipeline industries, will also encourage the growth of the market. The implementation of stringent regulations across several countries, regarding green and solvent-free coating technologies, will lead to a reduced amount of VOC emissions. This will boost the demand for powder coatings worldwide. Powder coatings can be used on a variety of substrates, including metallic and non-metallic materials, having a wide range of colors, thicknesses, finishes, and textures. They can be easily applied in much higher thicknesses compared to conventional liquid coatings without running, dipping, or sagging. Moreover, since powder coatings are composed entirely of solid coating material, applying coating of a specific thickness can be achieved with fewer applications of powder. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1301
Our Approach Market Summary Further key findings from the report suggest The market is segmented on the basis of coating type into electrostatic spray coating, fluidized bed coating, electrostatic fluidized bed process, and flame spraying. Electrostatic spray coating accounts for the largest market share of ~32% in 2018, due to better finish quality, and speed. The market is segmented on the basis of resin type into thermoset and thermoplastic. The thermoset resin type segment holds the larger market share of ~60% in the year 2018 and is forecasted to witness a higher growth rate of 6.6% during the forecast period. The market is segmented on the basis of the substrate into metallic, non-metallic and inter-metallic. Metallic substrates account for about ~70% of the market, due to its demand from the automotive, agricultural, construction & equipment, outdoor furniture, HVAC, and electrical industries. The market is segmented on the basis of geography by North America, Europe, Asia Pacific, Latin America, and MEA. The Asia Pacific region accounted for the highest market share of ~40% in 2018. Rising disposable income and the growing population will positively affect the demand for powder coating technologies in automobiles, electronics, and other industries. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/powder-coatings-market
Our Approach Market Summary Key participants include PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems, BASF SE, Nippon Paint Holdings Co., Ltd., and Kansai Paint Co., Ltd, among others. For the purpose of this report, Reports and Data have segmented global Bitumen Market on the basis of Type, Application, Product type and region: Resin type Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026) Thermoset Polyester Epoxy Polyester Hybrid Epoxy Acrylic Polyurethane Others (Fluoropolymer) Thermoplastic Nylon Polyolefin Polyvinyl Chloride (PVC) Polyvinyl Fluoride (PVF)
Our Approach Market Summary Applications Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026) Consumer goods Architectural Automotive General industries Furniture Others Order Now:https://www.reportsanddata.com/checkout-form/1301
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us