Title: Overview of Energy Efficient Powder Coatings Market manufacturers & industry share 2017–2024
1Energy Efficient Powder Coatings Market Price,
Trends, Industry Outlook Forecast 2017-2024
2Global Market Scenario of Energy Efficient Powder
Coatings Industry
- Energy Efficient Powder Coatings Market Energy
Efficient Powder Coatings Market size will
witness a steady growth owing to its increased
application in automobile, transportation,
electrical and furniture industry. It lowers the
baking temperature of oven, thereby reducing the
energy consumption. Less energy utilization for
finishing on heat sensitive substrates are
expected to propel energy efficient powder
coatings market. - Growing furniture industry has propelled energy
efficient powder coatings market. These are
mostly used when component range is quite
heterogeneous. If component range varies, there
is a risk of discolouration due to high peak
temperature. This risk can be reduced with their
use as it reduces peak temperature. - The product increases the line speed, thus
decreasing the throughput time. Further, it is
used in for metallic substrates, timber
derivatives and plastic components that cannot be
exposed to high temperature that in turn is
anticipated to propel energy efficient powder
coatings market during forecast period.
3 Continue
- The product increases the line speed, thus
decreasing the throughput time. Further, it is
used in for metallic substrates, timber
derivatives and plastic components that cannot be
exposed to high temperature that in turn is
anticipated to propel energy efficient powder
coatings market during forecast period. - Reasons to Buy This Report
- 1. Energy Efficient Powder Coatings Market
size share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Energy Efficient Powder Coatings
Market growth opportunities emerging business
models - 4. Competitive benchmarking with market
share analysis and company profiles - The curing temperature is very specific and if
curing temperature is lower than requirement, it
may lead to unsatisfactory film and hence
rejection. After rejection, it needs to be
processed again that increases the overall cost
and time.
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Research Methodology
5Regional Insights
- Asia Pacific, led by China and India has
substantial share in energy efficient powder
coatings market. It is expected to show
considerable growth due to increasing demand for
electronics, automobiles and agriculture
equipment. - North America energy efficient powder coatings
market has a significant share with growing heavy
machinery and manufacturing industry. Europe has
shown growth in powder coating with prevalent
construction industry
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oming/1992
6Competitive Insights
- Energy efficient powder coatingse market is
consolidated with the presence of few big
companies holding a large industry share. Major
players are - AkzoNobel, Jotun, BASF, IGP, PPG Industries,
TCI, Kansai Paints, Axalta, Asian Paints, Berger
Paints. Companies are heavily investing in
research development activities, mergers,
acquisitions and new product launch to increase
their share in industry. for instance, AkzoNobel
is planning to increase its industry share by
separating its two business focussed on
speciality chemicals and paints. This would help
in reducing their uncertainties risks and
become more focussed.
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