Powder Coatings Market 2019 Industry report presents a detailed analysis of the industry by Share, size, growth rate, Trends, Demand, key players, regions, product types & applications, the report also evaluates key factors that affected market growth and with the help of previous figures this report elaborates current scenario and forecast of Powder Coatings Market industry.

Powder Coatings Market Competitive analysis:

The major players operating in the powder coatings market are PPG Industries, Inc (U.S.), The Valspar Corporation (U.S.), Akzo Nobel N.V. (the Netherlands), Asian Paints Limited (India), KANSAI PAINT CO.,LTD (India), Royal DSM (the Netherlands), Arkema (France), Evonik Industries (Germany), TCI Powder (U.S.), The + (U.S.), and others.

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Powder Coating Market Segmentation:

MRFR has segmented its analysis into four key dynamics for the convenience of understanding;

By Resin Types: Comprises Thermoplastic {(Nylon, Polyolefin, Polyvinyl Fluoride (PVF), and Polyvinyl Chloride (PVC)} and Thermoset (Polyester, Epoxy, Acrylic, Polyurethane, Epoxy Polyester) among others.

By Applications: Automotive & Transportation, Architectural & Furniture, Appliances, and Consumer Goods among others.

By Substrates: Metal and Non-Metal among others.

By Regions: North America, Europe, APAC, and the Rest-of-the-World.

Powder Coating Market Competitive Analysis:

The powder coating market appears to be fragmented and highly competitive, characterized by the presence of numerous large and small-scale players. Matured players incorporate strategic initiatives such as acquisition, collaboration, expansion, partnership, and technology launch. These strategies are estimated to improve the quality of the product and increase production capacity to suffice the rapidly growing demand, particularly from the emerging regions.

Manufacturers emphasize new product development initiatives and geographical expansion. With increasing industrialization and up-gradation of technology to manufacture batteries, manufacturers are setting up facilities to produce Powder Coatings in the most efficient manner.

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Powder Coating Market Regional Analysis:

The Asia Pacific region accounts for the leading market for powder coatings followed by the North American and European region, respectively. The APAC market is growing steadily due to the presence of several key manufacturers of the product and the growing industrialization in the region. Besides factors such as increasing economy, continuous growth of the automotive & transportation industry, and the implementation of stringent regulation regarding VOC emission rate fosters the market growth of powder coatings.

Countries such as China, Japan, Vietnam, Singapore, Thailand, South Korea, and India are expected to witness colossal demand for the product due to the high adoption rate by the automobile manufacturers.

Furthermore, rising demand for household appliances along with the increasing automotive production and sales in the region is expected to support the market growth. Economic development in various APAC countries, particularly China, Vietnam, Bangladesh, and India has presented opportunities for powder coating in the transportation sector.

The powder coatings market in the North American region stands at the second position in terms of size. Factors substantiating the market growth include the high consumption of powder coatings in the manufacturing of automobiles. The region is estimated to create a substantial revenue pocket in the global market by 2023.

The European region is rapidly emerging as one of the promising markets for powder coatings, globally. The market growth is majorly fostered by the increasing demand and sales in the automotive industry, especially in the U.K., France, Italy, and Germany.

TABLE OF CONTENTS:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape