Global Heavy Duty Powder Coating Market Growth 2023-2029

Global Heavy Duty Powder Coating Market Growth 2023-2029

The global Heavy Duty Powder Coating market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Heavy Duty Powder Coating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Heavy Duty Powder Coating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Heavy Duty Powder Coating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Heavy Duty Powder Coating players cover Hempel, AkzoNobel, Jotun, PPG, Chugoku Marine Paints, RPM International, Sika, Dai Nippon Toryo and NIPSEA Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Powder coatings are based on polymer resin systems, combined with curatives, pigments, leveling agents, flow modifiers, and other additives.  These ingredients are melt mixed, cooled, and ground into a uniform powder similar to baking flour.  A process called electrostatic spray deposition (ESD) is typically used to achieve the application of the powder coating to a metal substrate.  This application method uses a spray gun, which applies an electrostatic charge to the powder particles, which are then attracted to the grounded part.  After application of the powder coating, the parts enter a curing oven where, with the addition of heat, the coating chemically reacts to produce long molecular chains, resulting in high cross-link density. These molecular chains are very resistant to breakdown.  This type of application is the most common method of applying powders. 

LPI (LP Information)' newest research report, the “Heavy Duty Powder Coating Industry Forecast” looks at past sales and reviews total world Heavy Duty Powder Coating sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy Duty Powder Coating sales for 2023 through 2029. With Heavy Duty Powder Coating sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy Duty Powder Coating industry.

This Insight Report provides a comprehensive analysis of the global Heavy Duty Powder Coating landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy Duty Powder Coating portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy Duty Powder Coating market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy Duty Powder Coating and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy Duty Powder Coating.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy Duty Powder Coating market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Thermoset Powder Coating
Thermoplastic Powder Coating

Segmentation by application
Marine
Containers
Steel Structures & Bridges
Offshore Oil Rigs
Chemical and Petroleum Plants
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hempel
AkzoNobel
Jotun
PPG
Chugoku Marine Paints
RPM International
Sika
Dai Nippon Toryo
NIPSEA Group
Sherwin-Williams
Kansai Paint
Henkel
KCC Marine Coatings
Yung Chi Paint & Varnish Manufacturing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy Duty Powder Coating market?

What factors are driving Heavy Duty Powder Coating market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heavy Duty Powder Coating market opportunities vary by end market size?

How does Heavy Duty Powder Coating break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.