Global Powder Coatings Market 2019-2023

The powder coatings market will witness an incremental growth more than USD 4.5 billion during 2019-2023. This report offers an analysis of the market by end- user including consumer appliances, automotive, architecture, furniture, general industries and others. The powder coatings market research report further present in-depth insights on the growth prospects of the market across geographic regions including the Americas, APAC, and EMEA. The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Akzo Nobel, allnex, Axalta Coating Systems, BASF, PPG Industries and The Sherwin Williams

To identify growth opportunities in the powder coatings market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. APAC will grow faster than the overall market. The growth of EMEA and the Americas will be slower than the global market.

Global Powder Coatings Industry Overview

According to our industry experts, the manufacturers of powder coatings are focusing on sustainability to reduce adverse environmental impacts. Environment-friendly products help vendors gain a competitive edge. As powder coatings do not require solvents and are thus environmentally safe. Powder coatings are safe for the environment and are thus used across industrial applications. Concerns regarding the sustainability of coating products have increased the demand for powder coatings for aluminum extrusion used in windows, doorframes, kitchen appliances, electrical fixtures, and building facades. Therefore, increased funds and FDIs for manufacturing powder coatings will create growth opportunities for the global powder coatings market during the forecast period.

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Top powder coatings companies covered in this report

The powder coatings market is fragmented owing to the presence of several established and regional vendors. With the increasing preference for zero liquid discharge (ZLD) has provided a new growth opportunity among the vendors. This has also raised the level of competition in this fragmented market will further intensify in the coming years.  This powder coatings industry analysis report will help clients in identifying new growth opportunities and designing new growth strategies, in light of the competition available in this domain.

The report offers a complete analysis of various companies including:

• Akzo Nobel
• Allnex
• Axalta Coating Systems
• BASF
• PPG Industries
• The Sherwin Williams

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Powder coatings market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC region will contribute to the highest growth of powder coatings market throughout the forecast period. India, China, and Brazil exhibit a high demand for powder coatings for architectural coatings, decorative, automobile, and construction applications.

Powder coatings market growth based on end- user

• Consumer appliances
• Automotive
• Architecture
• Furniture
• General industries

According to Technavio’s market research experts, the consumer appliances end- user will account for the highest growth in the powder coatings market.

Key highlights of the global powder coatings market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the powder coatings market during the next five years
• Precise estimation of the global powder coatings market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the powder coatings industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of powder coatings companies

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