Global Powder Coatings Market Research Report—Forecast till 2025

Global Powder Coatings Market Research Report—Forecast till 2025

$4450 – $6250

The market was evaluated for USD 11,256.3 Million in 2018 and is expected to witness a CAGR of 6.38% to surpass USD 17,544.5 Million by the end of 2025.

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Global Powder Coatings Market Research Report—Forecast till 2025

Market Overview
Global Powder Coatings Market is anticipated to exhibit significant growth during the review period. The market was evaluated for USD 11,256.3 Million in 2018 and is expected to witness a CAGR of 6.38% to surpass USD 17,544.5 Million by the end of 2025. In this type of coating, the nicely ground particles of color and resins are electrostatically charged applied on electrically grounded parts. The process of application of powder coating on a metal surface is known as electrostatic spray deposition (ESD). Powder-coated products are applicable to reduce scratches, abrasions, chipping, fading, corrosion, and other wear issues. Owing to these factors, the powder coating market is expected to attain significant expansion during the review period.
The global powder coating market is expected to register incredible market expansion owing to the rising requirement for powder coatings in the end-use industries, including consumer goods & appliances, automotive, aerospace, electronics, construction, and furniture. However, the excessive manufacturing cost because of its energy-intensive manufacturing process and complicated process of forming thin films with powder coatings are expected to restrain the global market growth. Nevertheless, the accelerating automotive and electronics industries in various countries across Asia-Pacific, such as China, Japan, India, and Singapore, are expected to surge the demand for powder coatings and create attractive opportunities for major players. Furthermore, the growth of the market is driven by the increasing application of powder coatings in the consumer goods and automotive industries due to the anti-corrosive and high abrasion property that protects metallic and non-metallic substrates.
Market Segmentation
Global Powder Coatings Market has been categorized into Substrate, Resin Type, Coating Method, Application, and Region.
In terms of substrate, the global powder coatings market has been bifurcated into metal and non-metal. Depending on the resin type, the powder coatings market has been subdivided into thermoset and thermoplastic.
The coating method categorizes the global market into electrostatic spray coating, fluidized bed coating, electrostatic fluidized bed process, and flame spraying. By application segment, the global powder coatings market has been segregated into consumer goods & appliances, automotive & transportation, architecture & furniture, construction equipment, and others.
Regional Analysis
The region-specific analysis of the Global Powder Coatings Market is spread across Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
In 2018, Asia-Pacific contributed the highest market of approximately 50%, and it is expected to command the market to register a significant CAGR of around 7.0% during the projected timeframe. Besides, the market in the Middle East & Africa is anticipated to exhibit the second-highest CAGR of over 6.5% owing to the fastest-growing automotive and construction industry in the region.
Major Players
Some of the prominent players operating in the global market are Axalta Coating Systems Ltd (US), Nippon Paint Holdings Co., Ltd (Japan), TCI Powder (US), DSM (Netherlands), PPG Industries, Inc. (US), The Sherwin-Williams Company (US), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), Jotun (Norway), Asian Paints PPG Pvt. Limited (India), Kansai Paint Co., Ltd (Japan), and Berger Paints India Limited (India).
COVID 19 Impact
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENT 1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 25 1.1.1 GLOBAL POWDER COATINGS MARKET, BY SUBSTRATE 26 1.1.2 GLOBAL POWDER COATINGS MARKET, BY RESIN TYPE 27 1.1.3 GLOBAL POWDER COATINGS MARKET, BY COATING METHOD 28 1.1.4 GLOBAL POWDER COATINGS MARKET, BY APPLICATION 29 1.1.5 GLOBAL POWDER COATINGS MARKET, BY REGION 30 2 MARKET INTRODUCTION 2.1 DEFINITION 31 2.2 SCOPE OF THE STUDY 31 2.3 MARKET STRUCTURE 32 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 33 3.2 PRIMARY RESEARCH 34 3.3 SECONDARY RESEARCH 35 3.4 MARKET SIZE ESTIMATION 35 3.5 TOP DOWN & BOTTOM UP APPROACH 36 3.6 FORECAST MODEL 37 3.7 LIST OF ASSUMPTIONS 38 4 MARKET DYNAMICS 4.1 INTRODUCTION 39 4.2 DRIVERS 41 4.2.1 GROWING PRODUCT DEMAND IN THE PAINTS & COATING INDUSTRY 41 4.2.2 WIDENING APPLICATION SCOPE IN END-USE INDUSTRIES 42 4.2.3 DRIVERS IMPACT ANALYSIS 43 4.3 RESTRAINT 44 4.3.1 HIGH COST AND COMPLEXITIES IN THE MANUFACTURING PROCESSES 44 4.3.2 RESTRAINT IMPACT ANALYSIS 44 4.4 OPPORTUNITY 45 4.4.1 DEMAND FOR LOW-VOC COATING AMONG END USERS 45 4.5 CHALLENGES 45 4.5.1 COMPETITION FROM LIQUID COATINGS 45 5 MARKET FACTOR ANALYSIS 5.1 SUPPLY CHAIN ANALYSIS 46 5.1.1 RAW MATERIAL SUPPLIERS 47 5.1.2 PRODUCERS 47 5.1.3 DISTRIBUTION CHANNEL 47 5.1.4 END USERS 47 5.2 PORTER’S FIVE FORCES MODEL 48 5.2.1 THREAT OF NEW ENTRANTS 49 5.2.2 RIVALRY 49 5.2.3 THREAT OF SUBSTITUTES 49 5.2.4 BARGAINING POWER OF SUPPLIERS 49 5.2.5 BARGAINING POWER OF BUYERS 50 5.3 PRICING ANALYSIS, BY REGION (USD/TON) 50 5.4 IMPACT OF COVID-19 ON THE GLOBAL POWDER COATINGS MARKET 50 6 GLOBAL POWDER COATINGS MARKET, BY SUBSTRATE 6.1 INTRODUCTION 52 6.2 METAL 54 6.3 NON-METAL 55 7 GLOBAL POWDER COATINGS MARKET, BY RESIN TYPE 7.1 INTRODUCTION 57 7.2 THERMOSET 59 7.2.1 EPOXY POLYESTER HYBRID 61 7.2.2 POLYESTER 62 7.2.3 EPOXY 63 7.2.4 POLYURETHANE 64 7.2.5 ACRYLIC 65 7.2.6 OTHERS 66 7.3 THERMOPLASTIC 67 7.3.1 POLYVINYL CHLORIDE (PVC) 68 7.3.2 NYLON 69 7.3.3 POLYOLEFIN 70 7.3.4 POLYVINYL FLUORIDE (PVF) 71 8 GLOBAL POWDER COATINGS MARKET, BY COATING METHOD 8.1 INTRODUCTION 73 8.2 ELECTROSTATIC SPRAY COATING 75 8.3 FLUIDIZED BED COATING 77 8.4 ELECTROSTATIC FLUIDIZED BED PROCESS 78 8.5 FLAME SPRAYING 80 9 GLOBAL POWDER COATINGS MARKET, BY APPLICATION 9.1 INTRODUCTION 81 9.2 CONSUMER GOODS & APPLIANCES 83 9.3 AUTOMOTIVE & TRANSPORTATION 85 9.4 ARCHITECTURE & FURNITURE 86 9.5 CONSTRUCTION EQUIPMENT 88 9.6 OTHERS 89 10 GLOBAL POWDER COATINGS MARKET, BY REGION 10.1 INTRODUCTION 91 10.2 NORTH AMERICA 99 10.2.1 US 106 10.2.2 CANADA 111 10.3 EUROPE 117 10.3.1 GERMANY 124 10.3.2 RUSSIA 129 10.3.3 UK 135 10.3.4 ITALY 140 10.3.5 FRANCE 146 10.3.6 NETHERLANDS 152 10.3.7 SPAIN 158 10.3.8 POLAND 163 10.3.9 REST OF EUROPE 169 10.4 ASIA-PACIFIC 173 10.4.1 CHINA 180 10.4.2 JAPAN 186 10.4.3 INDIA 191 10.4.4 SOUTH KOREA 197 10.4.5 AUSTRALIA & NEW ZEALAND 202 10.4.6 INDONESIA 208 10.4.7 THAILAND 213 10.4.8 REST OF ASIA-PACIFIC 219 10.5 LATIN AMERICA 224 10.5.1 MEXICO 231 10.5.2 BRAZIL 237 10.5.3 ARGENTINA 242 10.5.4 REST OF LATIN AMERICA 248 10.6 MIDDLE EAST & AFRICA 253 10.6.1 GCC COUNTRIES 260 10.6.2 ISRAEL 266 10.6.3 SOUTH AFRICA 271 10.6.4 REST OF THE MIDDLE EAST & AFRICA 277 11 COMPETITIVE LANDSCAPE 11.1 COMPETITIVE OVERVIEW 283 11.2 GLOBAL MARKET STRATEGY ANALYSIS 284 11.3 KEY DEVELOPMENTS 284 12 COMPANY PROFILES 12.1 PPG INDUSTRIES, INC. 286 12.1.1 COMPANY OVERVIEW 286 12.1.2 FINANCIAL OVERVIEW 287 12.1.3 PRODUCTS OFFERED 288 12.1.4 KEY DEVELOPMENTS 288 12.1.5 SWOT ANALYSIS 289 12.1.6 KEY STRATEGIES 289 12.2 AXALTA COATING SYSTEMS LTD 290 12.2.1 COMPANY OVERVIEW 290 12.2.2 FINANCIAL OVERVIEW 291 12.2.3 PRODUCTS OFFERED 291 12.2.4 KEY DEVELOPMENTS 292 12.2.5 SWOT ANALYSIS 293 12.2.6 KEY STRATEGIES 293 12.3 NIPPON PAINT HOLDINGS CO., LTD. 294 12.3.1 COMPANY OVERVIEW 294 12.3.2 FINANCIAL OVERVIEW 294 12.3.3 PRODUCTS OFFERED 295 12.3.4 KEY DEVELOPMENTS 295 12.3.5 SWOT ANALYSIS 295 12.3.6 KEY STRATEGIES 296 12.4 THE SHERWIN-WILLIAMS COMPANY 297 12.4.1 COMPANY OVERVIEW 297 12.4.2 FINANCIAL OVERVIEW 297 12.4.3 PRODUCTS OFFERED 298 12.4.4 KEY DEVELOPMENTS 298 12.4.5 SWOT ANALYSIS 298 12.4.6 KEY STRATEGIES 299 12.5 AKZO NOBEL N.V. 300 12.5.1 COMPANY OVERVIEW 300 12.5.2 FINANCIAL OVERVIEW 300 12.5.3 PRODUCTS OFFERED 301 12.5.4 KEY DEVELOPMENTS 301 12.5.5 SWOT ANALYSIS 301 12.5.6 KEY STRATEGIES 302 12.6 ASIAN PAINTS PPG PVT. LIMITED 303 12.6.1 COMPANY OVERVIEW 303 12.6.2 FINANCIAL OVERVIEW 303 12.6.3 PRODUCTS OFFERED 303 12.6.4 KEY DEVELOPMENTS 303 12.6.5 SWOT ANALYSIS 304 12.6.6 KEY STRATEGIES 304 12.7 DSM 305 12.7.1 COMPANY OVERVIEW 305 12.7.2 FINANCIAL OVERVIEW 305 12.7.3 PRODUCTS OFFERED 306 12.7.4 KEY DEVELOPMENTS 306 12.7.5 SWOT ANALYSIS 307 12.7.6 KEY STRATEGIES 307 12.8 TCI POWDER 308 12.8.1 COMPANY OVERVIEW 308 12.8.2 FINANCIAL OVERVIEW 308 12.8.3 PRODUCTS OFFERED 309 12.8.4 KEY DEVELOPMENTS 309 12.8.5 SWOT ANALYSIS 310 12.8.6 KEY STRATEGIES 310 12.9 BASF SE 311 12.9.1 COMPANY OVERVIEW 311 12.9.2 FINANCIAL OVERVIEW 311 12.9.3 PRODUCTS OFFERED 312 12.9.4 KEY DEVELOPMENTS 312 12.9.5 SWOT ANALYSIS 313 12.9.6 KEY STRATEGIES 313 12.10 BERGER PAINTS INDIA LIMITED 314 12.10.1 COMPANY OVERVIEW 314 12.10.2 FINANCIAL OVERVIEW 314 12.10.3 PRODUCTS OFFERED 315 12.10.4 KEY DEVELOPMENTS 315 12.10.5 SWOT ANALYSIS 315 12.10.6 KEY STRATEGIES 315 12.11 JOTUN 316 12.11.1 COMPANY OVERVIEW 316 12.11.2 FINANCIAL OVERVIEW 316 12.11.3 PRODUCTS OFFERED 317 12.11.4 KEY DEVELOPMENTS 318 12.11.5 SWOT ANALYSIS 319 12.11.6 KEY STRATEGIES 319 12.12 KANSAI PAINT CO., LTD. 320 12.12.1 COMPANY OVERVIEW 320 12.12.2 FINANCIAL OVERVIEW 320 12.12.3 PRODUCTS OFFERED 321 12.12.4 KEY DEVELOPMENTS 321 12.12.5 SWOT ANALYSIS 321 12.12.6 KEY STRATEGIES 321 13 APPENDIX 13.1 REFERENCES 322 13.2 RELATED REPORTS 322

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