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Automotive, Pipe, and ACME Segments Present Robust Growth Opportunities for Powder Coatings, Especially in the APAC and ROW Markets
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The global powder coatings market research analyses the penetration of powder coatings across various end markets such as appliances, automotive, architectural, furniture, agricultural construction and mining equipment (ACME), and pipe coatings. The global deliverable covers 4 key regions that include North America, Europe, APAC, and ROW markets and regional analysis is presented at the segment level in order to illustrate the regional dynamics and opportunities for powder coatings across various applications. It analyses the current market size in terms of volumes and revenues based on the average prices of products in the marketplace. It also provides a 7 year forecast based on the expected CAGR at which the respective application segments are likely to grow. The study bases the forecast on the various drivers and restraints along with regional, product, and technology trends in the marketplace. In addition to this, the market also analyses the key market participants and provides market share and the key competitive factors that are critical for participants to gain a strong foothold in the market.
The study extensively analyses the 7 different segments where powder coatings are used. Segment level dynamics in terms of replacement of liquid coatings by powder coatings in every application segment has been extensively analyzed to estimate the future growth and opportunities for powders in the respective segment. Price variations and factors impacting prices of powder coatings across each segment have been analyzed in the report. Regional dynamics that capture the opportunities for powder coatings in various countries have been dealt with in the report and this will help the reader understand the future hotspots for powder coatings for specific applications.
The various chemistries that are used across various application segments are also analyzed extensively based on their adoption levels. The following chemistries have been extensively analyzed in the study:
*Polyesters include polyester triglycidyl isocyanurate (TGIC), polyester TGIC-free, urethane polyester, and super-durable polyesters.
**Hybrids used in the study refer to epoxy-polyester hybrids.
***Acrylic includes acrylic urethanes, glycidyl methacrylate (GMA) acrylics, and acrylic hybrids.
These chemistries have been further classified into thermoplastics and thermosets.
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