The Powder Coatings Market is projected to reach USD 13.49 Billion by 2022, at a CAGR of 6.75% from 2017 to 2022. In this study, 2016 has been considered as the base year for estimating the market size.

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Browse 255 market data tables and 69 figures spread through 233 pages and in-depth TOC on "Powder Coatings Market by Resin Type (Thermoset, Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture), and Region - Global Forecast to 2022"

Powder coatings exhibit superior properties over conventional paints including high resistance to corrosion, high-quality finish, chipping and abrasion resistance, durability, cost-effective, and reduced processing time. It is the most recent commonly used surface finishing technique.
Powder coatings are being used in many end-use industries such as automotive, general industrial, appliances, architectural, furniture, and other applications. The base year considered for the study is 2016, and the forecast has been provided for the period between 2017 and 2022.

Market Dynamics
Drivers
• Stringent government regulations
• Growth in various end-use industries
• Technological advancements
Restraints
• Difficulty in obtaining thin films
Opportunities
• Use of reed sensors in emerging technologies
• Increasing use of powder coating in automotive industry
• Emerging applications in shipbuilding and pipeline industries
• Fluorine resin powder coating
• Powder coating applied to coil coating
• Emergence of new application methods
Challenges
• Environmental challenges

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The powder coatings market comprises a network of players involved in the research and product development; raw material supply; component manufacturing; distribution and sale; and post-sales services.
Key players considered in the analysis of the powder coatings market are AkzoNobel N.V. (Netherlands), Asian Paints Limited (India), Axalta Coating Systems (US), Berger Paints India Limited (India), Jotun A/S (Norway), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (US), The Sherwin-Williams Company (US), The Valspar Corporation (US), and Somar Corporation (Japan).

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