Global Powder Coatings Market Growth 2023-2029

Global Powder Coatings Market Growth 2023-2029

Powder coating is a type of coating that is applied as a free-flowing, dry powder. The main difference between a conventional liquid paint and a powder coating is that the powder coating does not require a solvent to keep the binder and filler parts in a liquid suspension form. The coating is applied electrostatically and is then cured under heat to allow it to flow and form a “skin”. The powder may be a thermoplastic or a thermoset polymer. It is usually used to create a hard finish that is tougher than conventional paint.

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

This Insight Report provides a comprehensive analysis of the global Powder Coatings 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 Powder Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Powder Coatings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powder Coatings 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 Powder Coatings.

The global Powder Coatings market size is projected to grow from US$ 11280 million in 2022 to US$ 17450 million in 2029; it is expected to grow at a CAGR of 17450 from 2023 to 2029.

The main global Powder Coatings manufactures include Akzonobel, Sherwin-Williams, PPG Industries, Axalta Coating Systems, Arsonsisi, etc. The top five Powder Coatings manufactures account for approximately 24% of the total global market. Asia-Pacific is the largest consumer market for Powder Coatings, accounting for about 75%, followed by Europe and North America. In terms of product, Thermoset Powder Coating is the largest segment, with a share about 75%. And in terms of application, the largest application is Indoor Application, followed by Outdoor/Architectural Application.

This report presents a comprehensive overview, market shares, and growth opportunities of Powder Coatings 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
Indoor Application
Outdoor/Architectural Application
Automotive
Appliance & Housewares
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.
Akzonobel
Sherwin-Williams
PPG Industries
Axalta Coating Systems
Arsonsisi
TIGER Drylac
RPM International
Nippon Paint
Jotun Powder Coatings
3M
TITAN Powder Coatings
Teknos
Masco
ST Powder Coatings
Ripol
RIH
Pulverit
Protech-Oxyplast
American Powder Coatings
IGP
CIN
ADAPTA COLOR
Aiyue Group
Huajia
Jingaoli Group
Wisely
Fujian Wanan
Meijia New Materials
Zhejiang Huacai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Powder Coatings market?

What factors are driving Powder Coatings market growth, globally and by region?

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

How do Powder Coatings market opportunities vary by end market size?

How does Powder Coatings 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.