Powder coating is a category of coating that is applied as a free-flowing and dry powder. Representing over 15 percent of the total industrial finishing market, powder is used on a wide range of products. Numerous companies specify powder coatings for a high-quality, durable finish, improved efficiencies, allowing for maximized production, and simplified environmental compliance. Â The global powder market is expected to witness a moderate growth throughout the forecast period 2017 â 2025.
Market Dynamics
Factors such as growing demand in various end-use industries, rising advancement in technology and stringent government regulations are driving the growth of the global powder coatings market. However, difficulty in obtaining thin films may hinder the market from growing. Moreover, surging demand of powder coating in automotive industry and emerging applications on pipeline and shipbuilding industries are expected to generate numerous opportunities for the market in the upcoming years.
Powder Coatings Market Segmentation
By Resin Type
- Thermoset
- Epoxy
- Polyester
- Epoxy Polyester Hybrid
- Acrylic
- Thermoplastic
- Polyvinyl Chloride (PVC)
- Nylon
- Polyolefin
- Polyvinylidene Fluoride (PVDF)
By Coating Method
- Electrostatic Spray
- Fluidized Bed
By Application
- Appliances
- Automotive
- Architectural
- Furniture
- Agriculture, Construction, & Earthmoving Equipment (ACE)
- General Industrial
- Other Applications
By Geography
- North America
- Europe
- U.K
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Korea
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Rest of the World