Title: Latin America Powder Coatings Market led by Brazil and Mexico to hit 250 kilo tons by 2025
1Global Powder Coatings Market to cross USD 17
billion by 2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Powder Coatings Market
- According to a new research report by Global
Market Insights, Inc., Powder Coatings Market
size is projected to hit USD 17 billion by the
end of 2025. Some of the trends that will be
responsible for the growth of this market are
stated underneath. The advantages of high
corrosion resistance for lower price, superior
gloss retention and easy applicability over
conventional paints will propel powder coatings
market growth over the forecast timeframe. - The powder coatings market is driven by
widespread metal coating applications across
several industry verticals. The product exhibits
several environment-friendly benefits pertaining
to solvent free chemical base which leads to
minimal VOC emissions as compared to liquid
paints. Moreover, it is cost effective and
produces high quality finishes over metal
surfaces, fueling product demand.
3Continued...
- Majority of home appliances are large machines
consisting of metal structure making them
extremely vulnerable to corrosion from moisture,
chemicals and water. For instance, the appliances
such as washing machines, dish washers and
refrigerators are constantly exposed to water,
requiring safeguarding of the metal body. Powder
coatings find strong application in manufacturing
home appliances such as vacuum cleaners,
microwave ovens, refrigerators, dishwashers,
water heater, etc. - Home appliances play an important role in the
households as they add convenience and
comfortability to ones life. Rising spending
power coupled with enhanced standard of living
has changed the lifestyle needs, driving the home
appliances demand. Home appliances accomplish
several days to day tasks like cooking, cleaning,
washing, purifying, food preservation etc. Apart
from easing off the tasks they also enrich the
aesthetics of home décor. Powder coats add a
durable finish to the appliances and allows them
sustaining the damages from the everyday use.
4 Browse key industry insights spread across 650
pages with 570 market data tables and 16 figures
charts from the report, Powder Coatings
Market in detail along with the table of
contents _at_ https//bit.ly/2qOmlrj Get sample
copy of this research report _at_ https//bit.ly/2MVZ
VNF
5Continued...
- Nowadays, the color of the appliance has become a
highly influencing factor for consumers,
pertaining to their purchasing decisions. As a
result, appliance manufacturers have started
focusing on improving the product exteriors by
launching several options with stylish colors,
finishes, and texture combinations. - The latest technologies and innovations to
produce more user-friendly home appliances for
making everyday tasks as easy as possible, will
drive the home appliance demand, subsequently
augmenting powder coatings market share over the
forecast timeframe. - Powder coatings provide several benefits over
conventional liquid coatings, especially the high
durability and easy applicability will continue
supporting product adoption across various
industries throughout the forecast period. Powder
coats are capable of producing much thicker layer
of coatings as compared to the solvent based
counterparts which sustain the issues with
sagging or running of liquid coats, impacting the
paint finish.
6Continued...
- Moreover, faster curing time and the ability to
produce wide range of specialty effects will
further augment the application scope. The
product is indispensably used across the
automotive industry to coat vehicle chassis and
body components to protect them from corrosion.
Increasing automobiles sales accompanied by rapid
urbanization will stimulate powder coatings
market trends over the forecast timeframe. - As per studies the concentrations of many VOCs
recorded indoors are up to ten times higher than
those of the outdoors. Long term exposure to VOCs
can lead to adverse effects on health, requiring
curbing the residential VOCs emissions. As powder
coatings release small amounts of VOCs, Stringent
government regulation to control VOCs emission is
likely to fuel the product adoption, thereby
accelerating powder coatings market outlook over
the forecast period.
7Table OF Content
Chapter 1 Methodology Scope 1.1 Research
methodology 1.1.1 Initial data exploration 1.1.2
Statistical model and forecast 1.1.3 Industry
insights and validation 1.1.4 Definitions
forecast parameters 1.1.5 Definitions 1.1.6
Market estimation forecast parameters 1.2 Data
Sources 1.2.1 Secondary 1.2.2 Primary Chapter 2
Executive Summary 2.1 Powder coating industry
3600 synopsis, 2014 - 2025 2.1.1 Business
trends 2.1.2 Resin trends 2.1.3 Application
trends 2.1.4 Substrate trends 2.1.5 Regional
trends
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