Global Powder Coatings Market Research Report: Forecast (2025-2030)
By Resin Type (Eopxy Acrylic, Polyurethane, Polyester, Polyvinyl Chloride, Others) By Method of Coating (Electrostatic Spray Deposition [ESD], Fluidized bed, Others), By Applicatio...n (Architectural, Furniture, Automotive, General Industrial, Appliances, Others), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (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, Others) Read more
- Chemicals
- Oct 2024
- 183
- PDF, Excel, PPT
Market Definition
Powder coat is a dry coating procedure that is used as a metal finished mostly on industrial equipment. This process is done by electrostatically charging surfaces. After this, the objective is placed in an over, causing the powder to melt & harden again. This procedure is applicable in both non-metallic as well as metallic surfaces. Moreover, it is suitable for both outdoor and indoor applications and is one of the most budget-friendly finish options.
Market Insights & Analysis: Global Powder Coatings Market (2025-2030)
The Global Powder Coatings Market size is valued at around USD 14.30 billion in 2024 & is projected to grow at a CAGR of around 4.44% during the forecasted period, i.e., 2025-30. Moreover, it is anticipated that the market will reach around USD 19.38 billion by 2030. The growth is accredited due to the rise in applications of powder coatings in numerous industries including appliances, automotive, industrial products, and furniture, combined with the escalation of activities in these industries in various regions across the globe.
Report Coverage | Details |
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Historical Years | 2020-23 |
Base Years
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2024
|
Forecast Years
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2025-30
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Market Value in 2024 | USD 14.30 Billion |
Market Value in 2030 | USD 19.38 Billion |
CAGR (2025-30) | 4.44% |
Top Key Players | 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, Others |
Key Report Highlights |
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Benefits offered by powder coatings over any other coatings of pains like better appearance, uniform thickness, and high resistance to heat have made them a preferred choice for several applications across the globe. The powder coatings are formulated to offer a wide range of advantages such as UV radiation, protection from adverse weather, etc.
In addition, factors such as the rise in demand for eco-friendly powder coatings, strict environmental rules and regulations, optimal performance and durability, etc. are further propelling the growth of the industry. Moreover, an increase in the usage of powder coatings for electric vehicles, and the emergence of smart coating powders emerging as trends in the Global Powder Coating Industry.
Furthermore, these coatings have a unique appearance and perform exceptionally in several end-use industries due to their ease of application in multiple end-use industries because of the convenience of application of thick layers and lower operational costs. The rise of application industries has expanded the demand for these products. Additionally, equipment development is estimated to help in improving the powder coating utilization and minimize wastage and consumption.
Global Powder Coatings Market Key Driver:
Expansion Across Diverse Industries Boosts the Demand for Powder Coatings in the Market – Powder coatings are used across several industries including automotive, furniture, architecture, appliances, and others, along with emerging areas such as fittings, oil & gas, valves, wastewater treatment, and tanks. With the ongoing revolution, including the adoption of powder coating on plastics and wood, the Global Power Coating Market is witnessing a surge in demand. Also, the environmental advantages correlated with powder coatings lead to the inclination towards powder coating rather than liquid one.
Moreover, due to the surge in the usage of powder coatings, several key players in the market are capitalizing on the rising potential in the automotive, appliances, and other sectors.
Global Powder Coatings Market Possible Restraint:
Hassle in Obtaining Thin Films with Powder Coatings to Hinder the Global Powder Coatings Market Growth- The powder coating does not come with any liquid carrier. Therefore, it delivers thick coatings in comparison with conventional liquid coatings. However, the powder coatings process is comparatively easier, but it is difficult to apply smooth & thin films. As the thickness of the films reduces, they turn out to be increasingly more orange-stripped on the surface due to the size of molecules, and glass transition temperature of these coatings.
Thus, producing thin films with the help of powder coating is difficult, consequently hampering the growth of the market in the forthcoming years.
Global Powder Coatings Market Opportunity
Increasing Adoption of Power Coatings in the Automotive Industry acts as a Lucrative Opportunity for the Market- The increasing demand for powder coatings in the automotive industry creates an immense opportunity for the growth of the Global Powder Coatings Market. Moreover, the automotive market observed numerous technological advancements in recent years, with a rising significance on sustainability, specifically in the context of electric vehicles, and automotive sectors.
Furthermore, powder coatings are used in numerous automotive components such as horns, wipers, mirrors, filters, wheels, engines, etc. Thus, the constant rise in the usage of powder coating in the automotive industry is a profitable opportunity for the escalation of the Global Powder Coatings Market.
Global Powder Coatings Market Key Trend:
Rising preferences for Green Construction Practices Emerge as a Trend in the Global Powder Coatings Market- The increasing utilization of power coatings in green construction projects owing to their eco-friendly features is one of the notable factors emerging as a trend for the Global Powder Coating Industry. It is applied to several components including doors, window frames, and facades, offering durable protection against corrosion and weathering without releasing volatile organic compounds.
In addition, the government authorities of several nations are promoting the adoption of green construction practices, which is further propelling the adoption of powder coatings.
Global Powder Coatings Market (2025-2030): Segmentation Analysis
The Global Powder Coatings Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2025-2030 at the global, regional, and national levels. Based on the Method of Coating, and Applicationthe market has been further classified as:
Based on Resin Type:
On the basis of Resin Type, the Global Powder Coating Market is categorized into:
- Eopxy
- Acrylic
- Polyurethane
- Polyester
- Polyvinyl Chloride
Out of these, the polyester segment dominates the Global Powder Coating Market, due to its features such as chemical resistance, quick drying time, abrasion resistance, and surface protection. Moreover, it is expected that the segment will continue to lead the industry in the forecasted year because of the rise in product demand for applications such as wheel rims, door handles, bicycles, radiator grills, and metallic structural components.
Based on Application:
On the basis of Applications, the Global Powder Coating Market is categorized into:
- Architectural
- Furniture
- Automotive
- General Industrial (Electrical Power Generation, Machinery, Packaging, etc.)
- Appliances (Consumer Electronics, Home Appliances, etc.)
- Others
Among these, Consumer Appliances which is the sub-segment of the Appliance segment dominated the Global Powder Coating Market. Moreover, it is estimated that the segment will continue to maintain its dominance in the industry due to rising spending power, expanding urbanization, and high standards of living, which will increase the demand for products in the forthcoming years.
In addition, since, powder coatings don’t contain solvents, are more flexible than conventional liquid coatings, and adhere to environmental rules, they are frequently used for consumer goods. Thus, it is predicted that in the upcoming years, the demand for products will rise owing to the rising requirements for domestic appliances in several countries including – Thailand, Philippines, Vietnam, and China.
Global Powder Coatings Market (2025-30): Regional Projection
Geographically, the market expands across:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Among these, the Asia-Pacific region is dominating the industry of powder coatings with a prominent share over the forecasted period. The escalating industrial sector of the region, mainly in sectors such as aerospace, automobiles, defense, railway, packaging, manufacturing, etc., necessitates the usage of powder coatings for multiple applications. Moreover, industrial growth is supported by rapid industrialization as well as urbanization, an increase in the spending capacity of individuals, and low labor costs.
In addition, the expansion of the powder coatings industry in India is primarily driven by the real estate boom, which provides strong demand for paints and coatings. Furthermore, the growth of the industry in the Asia-Pacific region is also driven by the stringent regulations and initiatives started by the governments of several countries such as China, India, and South Korea.
Global Powder Coatings Industry Recent Developments
- In May 2024, PPG Industries declared that they will invest USD 300 million to aid the rising demand for paints and coatings in the automobile industries. The investment in advanced manufacturing began in 2024, and will last for 4 years.
- In June 2024, Jotun Groups launched CX-rated powder coating solutions. With this product, industries can access proven technologies in order to protect essential machinery operating in highly challenging surroundings.
Gain a Competitive Edge with Our Global Powder Coatings Market Report
- The Global Powder Coatings Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
- This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
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- The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations.
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Frequently Asked Questions
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Powder Coatings Market Regulations, Policies & Standards
- Global Powder Coatings Market Trends & Developments
- Global Powder Coatings Market Dynamics
- Drivers
- Challenges
- Global Powder Coatings Market Hotspots & Opportunities
- Global Powder Coatings Market Supply Chain Analysis
- Global Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- Eopxy
- Acrylic
- Polyurethane
- Polyester
- Polyvinyl Chloride
- Others (Epoxy Polyster Hybrid, Fluropolymer, etc.)
- By Method of Coating
- Electrostatic Spray Deposition (ESD)
- Fluidized bed
- Others (Flame Spray, Electrostatic bed fluidized process, etc.)
- By Application
- Architectural
- Furniture
- Automotive
- General Industrial (Electrical Power Generation, Machinery, Packaging, etc.)
- Appliances (Consumer Electronics, Home Appliances, etc.)
- Others
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Company
- Competition Characteristics
- Revenue Shares
- By Resin Type
- Market Size & Analysis
- North America Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- By Method of Coating
- By Application
- By Country
- The US
- Canada
- Mexico
- The US Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Canada Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Mexico Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Market Size & Analysis
- South America Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- By Method of Coating
- By Application
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Argentina Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Europe Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- By Method of Coating
- By Application
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- The UK Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- France Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Italy Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Spain Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- By Method of Coating
- By Application
- By Country
- Saudi Arabia
- The UAE
- Egypt
- Turkey
- Israel
- South Africa
- Rest of Middle East & Africa
- Saudi Arabia Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- The UAE Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Egypt Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Turkey Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Israel Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- South Africa Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Resin Type
- By Method of Coating
- By Application
- By Country
- China
- Japan
- India
- Australia
- South-East Asia
- Rest of Asia-Pacific
- China Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Japan Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- India Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Australia Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- South-East Asia Powder Coatings Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Thousand Tons)
- Market Share & Analysis
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Global Powder Coatings Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Competition Matrix
- Brand Specialization
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- 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
- Others
- Competition Matrix
- Disclaimer