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Research delivers insight into the powder coatings market to cross $13.49 billion by 2022

Research delivers insight into the powder coatings market to cross $13.49 billion by 2022

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The key companies profiled in this report are AkzoNobel N.V. (Netherlands), Asian Paints Limited (India), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Jotun A/S (Norway), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), and Somar Corporation (Japan).

Powder coatings market is projected to reach USD 13.49 Billion by 2022, at a CAGR of 6.75% from 2017 to 2022.

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Powder coatings market research report aims to estimate the market size and future growth potential of the powder coatings market across different segments, such as resin type, end-use industry, and region. It analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders.

Factors influencing market growth, such as drivers, restraints, opportunities, and industry-specific challenges, have also been studied in this report.

Breakup of primary interviews:

  • By Company Type - Tier 1 – 42%, Tier 2 – 25%, and Tier 3 – 33%
  • By Designation - C level – 36%, D level – 19%, and Others – 45%
  • By Region - Europe – 38%, North America – 23%, Asia-Pacific – 15%, South America – 8%, Middle East – 8%, and Africa – 8%

Browse complete report on "Powder Coatings Market by Resin Type (Thermoset, Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture), and Region - Global Forecast to 2022" with 255 market data tables and 69 figures spread through 233 pages and in-depth Table of content.

Now available at www.rnrmarketresearch.com/powder-c…ket-report.html

 

Thermoplastic powder coating is made up of thermoplastic resin, pigment, filler, plasticizer, and stabilizer. When heat is applied to the coating, it melts and flows.

However, it continues to have the same chemical composition after it is cooled to a solid coating. The primary advantage of thermoplastic coatings is that they form a smoother finish and require less energy.

They are commonly applied by fluidized bed application, and the parts are both preheated and post-heated.

Top-down and bottom-up approaches have been used to estimate and validate the size of the global market as well as that of various other dependent submarkets in the powder coatings market. The research study involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, related associations/institutes, and other government associations.

Private and company websites were also used to identify and collect information useful for the technical, market-oriented, and commercial study of the global powder coatings market. After arriving at the total market size, the overall market has been split into several segments and sub segments.

The figure given below provides a breakdown of primaries conducted during the research study, on the basis of company type, designation, and region.

 

Access full report on "Powder Coatings Market” at www.rnrmarketresearch.com/contacts…ase?rname=231220  .

 

Stringent government regulations, growth in various end-use industries, and technological advancements are expected to drive the powder coatings market during the next five years. The major restraining factor for the powder coatings market is the difficulty in obtaining thin films.

Thermoplastic powder coatings have some weaknesses, such as high temperature of fusion, low pigmentation level, poor solvent resistance, and bad adhesion on metal surfaces. These problems inherent to the thermoplastic powder coatings were successfully overcome later on by the thermosetting powders which very quickly captured the largest share ( > 90 %) of the powder coatings market.

The powder coatings market in South America is characterized by very weak regulations, with manufacturers focusing on it to gain market share and improve profitability. A healthy GDP growth rate, owing to increasing middle-class population, and improving standards of living make this region a potential market for powder coatings.

 

Research Coverage

The powder coatings market report covers different segmentations, which include market by resin type (thermoset, thermoplastic), by end-use industry (appliances, automotive, general industrial, architectural, furniture, and others) and by six different regions along with the countries in the respective regions. The resin type and end-use industry segments are further analyzed by each country for the respective regions.

Reasons to access the Report

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the powder coatings market; high-growth regions; and market drivers, restraints, and opportunities.

Browse related report with title as Top 10 High Growth Paints & Coatings Market by Coating Type (Elastomeric, Polyurea, UV, Insulation, Ceramic, Automotive, Medical, Silicone, Fluoropolymer, and Epoxy Coatings) - Global Forecast to 2021.

Now available at www.rnrmarketresearch.com/top-10-h…ket-report.html

 

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on powder coatings offered by the top players in the global powder coatings market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the powder coatings market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for powder coatings across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global powder coatings market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global powder coatings market.

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