Global Powder Coatings Market In Western Europe 2024-2028
The powder coatings market in Western europe is forecasted to grow by USD 610.1 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the powder coatings market in Western europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased use of fluidized bed process, rising shift towards sustainable practices, and growing consumer awareness of powder coatings.
Technavio's powder coatings market in Western europe is segmented as below:
- By Method
- Electrostatic spray
- Fluidized bed
- By Type
- Thermoset powder coatings
- Thermoplastic powder coatings
- By Geographical Landscape
- Western Europe
This study identifies the rising urbanization and infrastructure development as one of the prime reasons driving the powder coatings market in Western europe growth during the next few years. Also, emergence of digitalization and industry 4.0 and development of nanostructured powder coatings will lead to sizable demand in the market.
The report on the powder coatings market in Western europe covers the following areas:
- Powder coatings market in Western europe sizing
- Powder coatings market in Western europe forecast
- Powder coatings market in Western europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading powder coatings market in Western europe vendors that include Aalberts Surface Treatment GmbH, Akzo Nobel NV, Arkema SA, Axalta Coating Systems Ltd., BASF SE, Covestro AG, CWS Powder Coatings GmbH, J Wagner GMBH, Kansai Paint Co. Ltd., Primatek Coatings OU, RIPOL Srl, Solvay SA, ST Powder Coatings S.p.A., The Sherwin Williams Co., Thermaset Ltd., and Wacker Chemie AG. Also, the powder coatings market in Western europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.