The Global Low Temperature Powder Coatings Market Report by The Business Research Company covers low temperature powder coatings market’s drivers and restraints, low temperature powder coatings market size, major players, and the impact of COVID-19 on the low temperature powder coatings market.

The low temperature powder coatings market consists of sales of low-temperature powder coatings and related services. Low-temperature powder coatings cure at significantly lower temperatures than normal powder coatings. Low-temperature powder coatings are formulated using chemicals such as polyester, epoxy, polyurethane, acrylic among others. Only goods and services traded between entities or sold to end consumers are included.

The increase in the need for lower curing temperatures and less curing time contributed to the growth of the low-temperature powder coatings market.

The global low temperature powder coatings market is expected to grow from $3.43 million in 2020 to $3.74 million in 2021 at a compound annual growth rate (CAGR) of 9.17%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global low temperature powder coatings market is expected to reach $4.76 million in 2025 at a CAGR of 6.23%.

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Some low temperature powder coatings market trends include companies focusing on developing advanced biobased powder coating technologies that that can be used in multiple powder coating systems. For instance, Allnex, a global producer of industrial coating resins developed a product line based on renewable monomers derived from C5 and C6 sugars that are biobased carboxyl polyesters and can be used in a variety of powder coating systems, including epoxy-polyester hybrids, polyester-HAA (hydroxyl-alkyl amide), and TGIC-cured formulas.

Global low temperature powder coatings market segments include:

By Resin: Acrylic, Polyurethane, Polyester & Polyester Hybrids, Epoxy & Epoxy Hybrids, Others

By Substrate Type: Non-Metal, Metal

By End-Use Industry: Furniture, Appliances, Automotive, Architectural, Retail, Electronics, Medical, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Low Temperature Powder Coatings Global Market Report 2020-30: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides low temperature powder coatings market overviews, analyzes and forecasts market size, share, low temperature powder coatings market players, low temperature powder coatings market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The low temperature powder coatings identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Low Temperature Powder Coatings Global Market Report 2020-30: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: PPG Indsutries, AkzoNobel NV, Axalta Coating Systems, Jotun A/S, Teknos Group, Tulip Paints, Protech Powder Coatings, Platinum Phase SDN, CIN Industrial Coatings, Keyland Polymer, Tiger Coatings Gmbh, IGP Pulvertechnik AG, Foechnical Coatings, BASF SE, Dupont, Koninklijke DSM, Prismatic Powders, Funder America Inc, and Forrest Technical Coatings.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Low Temperature Powder Coatings Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Low Temperature Powder Coatings Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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