Press Release Description
The Global Powder Coatings Market is Estimates to Grow at a CAGR of Around 4.44% from 2025 to 2030
The Global Powder Coatings Market is projected to grow at a CAGR of 4.44% during the forecast period of 2025-30, cites MarkNtel Advisors in the recent research report. The rise in the expansion of the industry is augmented due to the increase in the usage of powder coatings in multiple sectors such as furniture, industrial products, automotive, appliances, and others combined with the expansion of activities in these industries of various regions across the world. There are numerous advantages associated with the powder coatings like consistent thickness, enhanced appearance, and high resistance to heat. All these benefits make powder coatings an ideal choice for several applications worldwide. Moreover, these coatings are formulated to provide a huge range of advantages like protection from adverse weather, and UV radiation, and more.
In addition, these coatings have a unique appearance and perform remarkably in various end-use industries due to their ease in application in several end-use sectors due to the convenience of application of thick layers and lower operational costs. The growth of application industries has elevated the demand for powder coatings products. Plus, equipment developments is expected to help in enhancing the powder coatings utilization, reduce wastage and consumption as well, further states the research report, “Global Powder Coatings Market Analysis, 2025.”
Consumer Appliances Dominate the Global Powder Coating Market by Holding a Prominent Share of the Industry
Based on the Application segment, the market is further bifurcated into:
- Architectural
- Furniture
- Automotive
- General Industrial (Electrical Power Generation, Machinery, Packaging, etc.)
- Appliances (Consumer Electronics, Home Appliances, etc.)
- Others
Out of these, the segment that leads the Global Powder Coating Market is Consumer Appliances. It is a sub-segment of the Appliance segment. Plus, it is expected that the segment will lead the industry in the upcoming years as well because of the increasing spending power, high living standards, expanding urbanization, etc.
Furthermore, powder coatings don’t have any type of solvents in them more flexible than conventional liquid coatings, and cause no harm to the environment. Hence, it is anticipated that in the forthcoming period, the demand for products will expand due to the increasing need for domestic appliances in multiple countries such as China, Vietnam, Philippines, and Thailand.
Asia-Pacific Region Leads the Global Powder Coating by Occupying the Maximum Share of the Industry
Globally, the Powder Coating Market extends across:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Out of all, the region that rules the Global Powder Coatings Industry is Asia-Pacific. The expanding industrial sectors of the region, specifically in sectors like manufacturing, packaging, railways, defense, automobiles, and aerospace, etc. necessitate the utilization of these coatings for several purposes. Also, the growth of industries is supported by surging urbanization and industrialization, cost-effective labor, and the rise in the spending capacity of individuals.
Furthermore, the rise of the powder coating industry in India is majorly driven by the real-estate boom, which offers high demand for coatings and paintings. Also, the rise of the market in the Asia-Pacific region is also driven by the strict rules and regulations initiatives by the government of countries including – South Korea, China, and India as well.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market players, including PPG Industries Inc., Akzo Nobel N.V., Axalta Coating System, Sherwin-Williams Company, Jotun Group, RPM International Inc., Arkema S.A., Nippon Paint Holdings, IGP Powder Coatings, 3M, Tiger Coatings GmbH & Co.KG, Kansai Nerolac Paints Ltd., A & I Coatings, and Others, are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & product options?
- How has the competition been shaping across various regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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