Powder Coating Market Projections 2030: Expanding in Furniture and Appliances

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Powder Coating Market size was valued at USD 15.41 Bn. in 2023 and the total global Powder Coatings revenue is expected to grow by 4.2 % in forecast period to reach USD 20.55 Bn. in 2030.

Powder Coating Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Powder Coating Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Powder Coating Market, with forecasts outspreading to the year 2030.

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Powder Coating Market Scope and Methodology:

The Powder Coating Market study offers in-depth insights on key factors that are anticipated to propel market growth and potential obstacles that could impede it in the future. In addition to investment opportunities in the Powder Coating Market sector, the report offers a comprehensive evaluation of the competitive environment and the range of products offered by leading companies. The study has also examined the qualitative and quantitative features of the industry.

The research offers a thorough description of the primary sections with various sub-categories. Data from both original and additional sources were gathered for the Powder Coating Market. Primary research sources include press releases, annual reports, government websites, and insights from various industry professionals, analysts, experts, and researchers across different companies. Other sources of information are the economic, social, political, and market conditions. Combining these two data sources produces a report that highlights the necessary steps to improve growth. A SWOT analysis was conducted to determine the strengths and weaknesses of the Powder Coating Market, and a PESTLE analysis was utilized to evaluate how micro-economic factors that affected the Powder Coating Market.

Powder Coating Market Regional Insights

The report thoroughly analyzes different factors including market size, growth rate, and regional import and export. The regional analysis of the report includes the current market status in different countries. The Powder Coating Market is clearly divided into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

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Powder Coating Market Segmentation

by Type

Thermoset
Thermoplastic

With the largest market share in 2023, the Thermoset segment led the market by type and is predicted to continue to do so at the conclusion of the forecast period. The resins used to make thermoset powder coatings include epoxies, polyesters, acrylics, and polyurethanes. When compared to thermoplastic resins, they require a lower curing temperature. Heating the powder-coated substrate is essential to enabling uniform thermoset flow over the surface.


by Resin

Epoxy
Polyester
Epoxy-Polyester (Hybrid)
Acrylic
Polyurethane
Others


by Coating Method

Electrostatic Spray
Fluidized Bed
Others (Electrostatic Fluidized Bed Process And Flame Spraying)


by End-Use Industry

Appliances
Automotive
General Industrial
Architectural
Furniture
Other (Oil Gas, Biopharma, Wastewater, Pipes, Fittings, Filters, Flanges, Valves, And Tanks)

In terms of both value and volume, the Appliances segment of the End-Use Industry held the highest market share in 2023 and is anticipated to rise at a notable CAGR over the course of the forecast period. In the appliance business, powder coatings are utilized on boilers, dishwasher racks, freezer cabinets, microwave oven cracks, dryer drums, air conditioner cabinets, washer tops and lids, and front and side panels of refrigeration systems. For certain applications, pre-coated blank stock is coated and then post-formed into the required shape.

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Powder Coating Market Key Players

1. The Sherwin-Williams Company (US)
2. PPG Industries, Inc. (US)
3. Axalta coating systems (US)
4. RPM International Inc. (US)
5. Valspar (US)
6. Hentzen Coatings, Inc. (US)
7. IFS Coatings (US)
8. BASF SE (Germany)
9. Bayer AG (Germany)
10. Emil Frei Gmbh Co. KG (Germany)

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Key questions answered in the Powder Coating Market are:

What is Powder Coating Market?

What was the Powder Coating Market size in 2023?

What is the growth rate of the Powder Coating Market?

Who are the leading companies and what are their portfolios in Powder Coating Market? 

Which is the fastest growing region in the ##market?

What growth strategies are the players considering to increase their presence in Powder Coating Market?

What segments are covered in the Powder Coating Market?

Who are the key players in the Powder Coating Market?

Which are the factors expected to drive the Powder Coating Market growth?

What is the CAGR at which the ## market will grow during the forecast period?

What are the different segments of the Powder Coating Market?

What are the upcoming opportunities and trends for the Powder Coating Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Powder Coating Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)

Past Pricing and price curve by region (2018 to 2022)

Market Size, Share, Size Forecast by different segment | 2024−2030

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region 

Competitive Landscape – Profiles of selected key players by region from a strategic perspective 

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis 

PORTER’s analysis 

Value chain and supply chain analysis 

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis 

Recommendations 

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