Powder Coatings Market Size by Coating Method (Fluidized Bed, Electrostatic Spray), By End-Use Industry (Architectural, Furniture), By Resin Type (Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, Thermoset), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The powder coatings market is expected to be around US$ 16.40 billion by 2027 at a CAGR of 5%.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
5
REPORT DESCRIPTION
The powder coatings market is expected to be around US$ 16.40 billion by 2027 at a CAGR of 5%.
Powder coating refers to dry finishing process used on array of products for refining protective characteristics and visual appeal of the products. The general process includes polymer resins, levelling agents, flow modifiers, pigments and other additives mixed, melted, cooled and later grounded into uniform form. Different techniques are wont to achieve application of this uniform residue on metallic and non-metallic substrate. Because of low ecological impact, this product is widely utilized in a spread of applications over liquid namely, automotive, appliances, architectural, furniture, ACE and general industries. The worldwide powder coatings market growth is attributed to factors like increased consumer spending, rising per capita income, varying consumer preferences alongside advancement in technology. The infrastructural expansion is additionally a key factor driving the merchandise demand on a worldwide scale. Efficiency and overspray are among the key factors governing the market economics. Higher utilization rate as compared to liquid forms is among the key factors affecting the general product application scope.
They provide durable and attractive finishes. Powder coatings are applied with the assistance of a sprig gun, which imparts an electrical charge on the powder particles and directs them toward the thing to be coated. Powder coatings are wont to provide protective and ornamental finishes. They are available during a wide selection of colors and textures.
The global Powder Coatings market is segregated on the basis of Coating Method as Fluidized Bed, Electrostatic Spray, and Others. Based on End-Use Industry the global Powder Coatings market is segmented in Architectural, Furniture, Others, Electrical & Electronics, General Industrial, Appliances, and Automotive. Based on Resin Type the global Powder Coatings market is segmented in Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, and Thermoset.
The global Powder Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Powder Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Vogel Paint, Inc, Hentzen Coating, Inc, Evonik Industries, IFS Coatings, Tiger Coatings, Akzonobel N.V., Asian Paints Limited, Axalta Coating Systems, LLC, Berger Paints India Limited, Jotun A/S, and others are among the major players in the global Powder Coatings market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Powder Coatings Market has been segmented as below:
Powder Coatings Market, By Coating Method
Powder Coatings Market, By End-Use Industry
Powder Coatings Market, By Resin Type
Powder Coatings Market, By Region
Powder Coatings Market, By Company
The report covers:
Report Scope:
The global Powder Coatings market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Powder Coatings market share. Major industry players with significant revenue share include Vogel Paint, Inc, Hentzen Coating, Inc, Evonik Industries, IFS Coatings, Tiger Coatings, Akzonobel N.V., Asian Paints Limited, Axalta Coating Systems, LLC, Berger Paints India Limited, Jotun A/S, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Powder Coatings Market, By Coating Method
5.1 Introduction
5.2 Fluidized Bed
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Electrostatic Spray
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Others
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Powder Coatings Market, By End-Use Industry
6.1 Introduction
6.2 Architectural
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Furniture
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Others
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Electrical & Electronics
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 General Industrial
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Appliances
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Automotive
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Powder Coatings Market, By Resin Type
7.1 Introduction
7.2 Comparison Between Thermoset and Thermoplastic Powder Coatings
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Thermoplastic
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Thermoset
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Powder Coatings Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Powder Coatings, By Coating Method
8.2.2 North America Powder Coatings, By End-Use Industry
8.2.3 North America Powder Coatings, By Resin Type
8.3 Europe
8.3.1 Europe Powder Coatings, By Coating Method
8.3.2 Europe Powder Coatings, By End-Use Industry
8.3.3 Europe Powder Coatings, By Resin Type
8.4 Asia-Pacific
8.4.1 Asia-Pacific Powder Coatings, By Coating Method
8.4.2 Asia-Pacific Powder Coatings, By End-Use Industry
8.4.3 Asia-Pacific Powder Coatings, By Resin Type
8.5 Rest of the World
8.5.1 Rest of the World Powder Coatings, By Coating Method
8.5.2 Rest of the World Powder Coatings, By End-Use Industry
8.5.3 Rest of the World Powder Coatings, By Resin Type
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Vogel Paint, Inc
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Hentzen Coating, Inc
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Evonik Industries
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 IFS Coatings
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Tiger Coatings
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Akzonobel N.V.
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Asian Paints Limited
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Axalta Coating Systems, LLC
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Berger Paints India Limited
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Jotun A/S
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
10.11 Kansai Paint Company Limited.
10.11.1 Company Overview
10.11.2 Product/Service Landscape
10.11.3 Financial Overview
10.11.4 Recent Developments
10.12 PPG Industries, Inc
10.12.1 Company Overview
10.12.2 Product/Service Landscape
10.12.3 Financial Overview
10.12.4 Recent Developments
10.13 The Sherwin-Williams Company
10.13.1 Company Overview
10.13.2 Product/Service Landscape
10.13.3 Financial Overview
10.13.4 Recent Developments
10.14 The Valspar Corporation
10.14.1 Company Overview
10.14.2 Product/Service Landscape
10.14.3 Financial Overview
10.14.4 Recent Developments
10.15 Somar Corporation
10.15.1 Company Overview
10.15.2 Product/Service Landscape
10.15.3 Financial Overview
10.15.4 Recent Developments
10.16 RPM International
10.16.1 Company Overview
10.16.2 Product/Service Landscape
10.16.3 Financial Overview
10.16.4 Recent Developments
10.17 Dulux Powder & Industrial Coating
10.17.1 Company Overview
10.17.2 Product/Service Landscape
10.17.3 Financial Overview
10.17.4 Recent Developments
10.18 Dupont Coating & Colour Technologies Group
10.18.1 Company Overview
10.18.2 Product/Service Landscape
10.18.3 Financial Overview
10.18.4 Recent Developments
10.19 Marpol
10.19.1 Company Overview
10.19.2 Product/Service Landscape
10.19.3 Financial Overview
10.19.4 Recent Developments
10.20 Protech Oxyplast Powder Coating
10.20.1 Company Overview
10.20.2 Product/Service Landscape
10.20.3 Financial Overview
10.20.4 Recent Developments
10.21 Nippon Paint Co., LTD
10.21.1 Company Overview
10.21.2 Product/Service Landscape
10.21.3 Financial Overview
10.21.4 Recent Developments
10.22 Cloverdale Paint, Inc
10.22.1 Company Overview
10.22.2 Product/Service Landscape
10.22.3 Financial Overview
10.22.4 Recent Developments
The Powder Coatings Market has been segmented as below:
Powder Coatings Market, By Coating Method
Powder Coatings Market, By End-Use Industry
Powder Coatings Market, By Resin Type
Powder Coatings Market, By Region
Powder Coatings Market, By Company
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