Powder Coatings Market Size 2018: Global Industry Analysis and Forecast 2025 - PowerPoint PPT Presentation

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Powder Coatings Market Size 2018: Global Industry Analysis and Forecast 2025

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Title: Powder Coatings Market Size 2018: Global Industry Analysis and Forecast 2025


1
Powder Coating Market
  • Size by Application (Consumer Goods,
    Architecture, Automotive, General Industries,
    Furniture, Others) by Region and Forecast 2018 to
    2025

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2
Global Powder Coating Market Size and
Share-Global Forecast to 2025
  • Adroit Market Research launched a study titled,
    Global Powder Coating Market Size 2017 By
    Application (Consumer Goods, Architectural,
    Automotive, General industries, Furniture and
    Others), By Region and Forecast 2018 to 2025.
    The study covers the global powder coating market
    value for a period ranging in between 2015 to
    2025, where 2015 to 2017 imply the historical
    value with forecast between 2018 and 2025. The
    global powder coating market report also includes
    qualitative insights of the market such as value
    chain, restrains and drivers.
  • The global powder coating market size is expected
    to reach USD 14.70 billion by 2025. As a result
    of its use in wide range of applications and
    lower environmental impact. Other valuable
    benefits such as long lasting life, high
    durability, cost effectiveness and quality
    finishing are driving the market for powder
    coating over traditional liquid paints.
  • Metal is the major product on which powder
    coating is used to increase its life and protect
    it from corrosion. The demand for metal powder
    coatings is rising in many industries including
    automotive, furniture, construction, consumer
    goods and home appliances. These industries are
    witnessing a considerable gains in annual demand
    for powder coating driven by rise in sales in
    emerging economies in Asia Pacific.
  • Read more details of the report at
    https//www.adroitmarketresearch.com/industry-repo
    rts/powder-coating-market

3
Global Powder Coating Market Size and
Share-Global Forecast to 2025
  • Participating companies are focusing on opening
    new plants and investing in research and
    development to come up with new products as the
    demand for the powder coating volume is high. The
    competition among established players is also
    getting intense, with new facilities coming
    online across the world. For instance, in June
    2018, Akzo Nobel N.V started its production of
    powder coating at Changzhou National Hi-Tech
    District (CND), China facility. The company has
    invested around 40 million Euros for this
    facility and designed for an annual capacity
    output of 46,000 tons.
  • Asia Pacific dominated the global powder coating
    market value share by occupying 43.6 in 2017.
    China, India and South East Asian countries have
    emerged as industrial hubs over the past two
    decades and consume large volumes of powder
    coatings in various manufacturing sectors. In
    February 2018, AkzoNobel inaugurated powder
    coating manufacturing plant in Bangalore, India
    with investment of USD 10 million (9 million
    Euros).
  • Fluctuations in currencies and rise in oil prices
    are directly affecting the paints coating
    industry. Thus, increasing the cost for base
    materials such as epoxy resin and titanium
    dioxide that are used for the production of
    powder coatings. As a result of which the
    production of powder coating is hampered and
    restraining it from growing further.
  • The global powder coating industry is fragmented
    as of 2017. As a strategic step major players are
    collaborating or acquiring domestic players to
    expand their presence globally. Moreover, the
    companies are launching new products to sustain
    in the market. For instance, In November 2018,
    Polychem powder coatings launched ten new shades
    of powder coating collection that include special
    effects and range of textures. Moreover, in
    January 2017, a new product Axalta launched
    Alesta Lync, it is a dry on dry powder coating
    application with excellent edge corrosion safety,
    energy efficient process and the capacity to
    offer two layers of paint with only one cure
    cycle.

4
Global Powder Coating Market Size and
Share-Global Forecast to 2025
  • Application Overview, 2015-2025 (USD million)
    (Kilo tons)
  • Consumer Goods
  • Architectural
  • Automotive
  • General industries
  • Furniture
  • Others
  • Regional Overview, 2015-2025 (USD million) (Kilo
    tons)
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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