Global Powder-based Industrial Coating Market Growth 2023-2029
Powder coating is a solid powdery synthetic resin coating composed of solid resin and pigment, filler and auxiliary. Unlike ordinary solvent-based coatings and water-based coatings, its dispersion medium is not solvent and water, but air. It has the characteristics of no solvent pollution, 100% film formation, and low energy consumption. Powder-based industrial coatings are highly efficient and are more resistant to chipping, scratching, fading and abrasion than other finishes. The VOCs released to the environment by this process are negligible and require less curing time beyond the cooling time. Low-VOC emissions from powder-based industrial coatings provide superior performance and cost-effectiveness for applications requiring maximum wear resistance and hardness.
LPI (LP Information)' newest research report, the “Powder-based Industrial Coating Industry Forecast” looks at past sales and reviews total world Powder-based Industrial Coating sales in 2022, providing a comprehensive analysis by region and market sector of projected Powder-based Industrial Coating sales for 2023 through 2029. With Powder-based Industrial Coating sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Powder-based Industrial Coating industry.
This Insight Report provides a comprehensive analysis of the global Powder-based Industrial 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-based Industrial Coating portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Powder-based Industrial Coating market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powder-based Industrial 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-based Industrial Coating.
The global Powder-based Industrial 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-based Industrial 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-based Industrial 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-based Industrial 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-based Industrial Coating players cover PPG Industries, Akzo Nobel NV, Sherwin-Williams, Nippon Paint Holdings, Jotun A / S, RPM International, Tikkurila Oyj and Teknos Group, 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-based Industrial Coating market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polyurethane
Epoxy
Acrylic
Polyester
Alkyd
Fluoropolymer
Others
Segmentation by application
General Industrial
Industrial Wood
Automotive Refinish
Other
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
Nippon Paint Holdings
Jotun A / S
RPM International
Tikkurila Oyj
Teknos Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Powder-based Industrial Coating market?
What factors are driving Powder-based Industrial Coating market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Powder-based Industrial Coating market opportunities vary by end market size?
How does Powder-based Industrial 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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