Global Powder Decorative Coating Market Growth 2023-2029
Due to the growing end-use industry and technological progress, the global decorative coatings market is growing rapidly. Economic growth in developing countries, increased investment in infrastructure, strict environmental regulations, growing purchasing power, and growing demand for green and environmentally friendly coatings have also led to market growth. Powder coatings have become the fastest growing segment due to their lower operating costs, higher operating efficiency, no VOC emissions, nonflammability and low spark hazards. From an architectural perspective, there is growing interest in the effect of wood, which is achieved through the transfer of sublimation prints. From the standpoint of preventing contamination, powder coatings are attractive because no solvents are used in coating formation and there is little or no hazardous waste that can be disposed of. In addition, there are high requirements for special finishes, such as anode imitation special effects, metallic effects and smooth low-gloss finishes. Therefore, there is a high demand for powder coatings in the construction field.
LPI (LP Information)' newest research report, the “Powder Decorative Coating Industry Forecast” looks at past sales and reviews total world Powder Decorative Coating sales in 2022, providing a comprehensive analysis by region and market sector of projected Powder Decorative Coating sales for 2023 through 2029. With Powder Decorative Coating sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Powder Decorative Coating industry.
This Insight Report provides a comprehensive analysis of the global Powder Decorative 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 Powder Decorative Coating portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Powder Decorative Coating market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powder Decorative 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 Powder Decorative Coating.
The global Powder Decorative 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 Powder Decorative 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 Powder Decorative 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 Powder Decorative 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 Powder Decorative Coating players cover PPG Industries, Akzo Nobel NV, Sherwin-Williams Company, Kansai Paints, Asian Paints Limited, Nippon Paint Holdings, BASF SE and Masco Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Powder Decorative Coating market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Acrylic
Alkyd
Vinyl
Polyurethane
Others
Segmentation by application
Residential
Commercial
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.
PPG Industries
Akzo Nobel NV
Sherwin-Williams Company
Kansai Paints
Asian Paints Limited
Nippon Paint Holdings
BASF SE
Masco Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Powder Decorative Coating market?
What factors are driving Powder Decorative Coating market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Powder Decorative Coating market opportunities vary by end market size?
How does Powder Decorative 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.
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