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

The powder coatings market consists of sales of powder coatings. Powder coating is a finishing process and keeps the binder and filler parts in a liquid suspension form.

Powder coatings release negligible amount of Volatile Organic compounds (VOC) when compared to solvent-based coatings. VOCs are carbon compounds that become gas at room temperature and become the main reason for air pollution. Governments across the world are trying to enforce different regulatory acts to reduce the emission of VOC.

The global powder coatings market is expected to grow from $22.11 billion in 2020 to $24.39 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%.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 market is expected to reach $30.98 billion in 2025 at a CAGR of 6%.

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Some powder coatings market trends include companies focusing on a new coating technology for heat sensitive substrates such as medium density fiberboard (MDF). This technology consumes low power as the curing process is done in lower temperature compared to the conventional method.

Global powder coatings market segments include:

1) By Type: Thermoset, Thermoplastic.

2) By End-User Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Others.

3) By Coating Method: Electrostatic Spray, Fluidized Bed.

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 Powder Coatings Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides powder coatings market overviews, analyzes and forecasts market size, share, powder coatings market players, powder coatings market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

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

Where To Learn More:

Read Powder Coatings Global Market Report 2021: COVID 19 Impact and Recovery to 2030 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: AkzoNobel N.V., PPG Industries, Sherwin Williams , BASF SE, Axalta Coating Systems , Kansai Nerolac Paints Limited  , Jotun, IFS Coatings, The Valspar Corporation, Asian Paints, RPM International, Dulux Powder & Industrial Coating, Dupont Coating & Colour Technologies Group, Somar Corporation, Marpol, Protech Oxyplast Powder Coating, Nippon Paint Co., Ltd., Evonik Industries, Berger Paints India Limited, IGP Pulvertechnik AG,  Tiger Coatings , Cloverdale Paint, Inc., Vogel Paint, Inc., Hentzen Coating, Inc., Alpha Coating Technologies, Cardinal, Royal DSM, Ferro Arte de Mexico, TCI Powder Coatings, IGP Pulvertechnik AG.

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 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 powder coatings Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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