Powder Coating Market Analysis, Applications Share, Trends & Forecast, 2017 – 2024.

Global powder coating industry is segmented into applications like furniture, automotive, customer goods, architecture and industrial application.Automotive application was projected at more than 460 kilo tons for 2015 and predicted to record CAGR of 7.5% during forecast timeline. Primary use of these application includes battery trays, shock absorbers, oil & fuel filters, radiators, brake pads, wheels, engine block casings, grills, roof racks, bumpers, interior trim and door handles.

Metal cabinets which are the component of office chairs, outdoor metal furniture and shelving systems are attractive avenues for industry players. Its revenue is projected at $2.94 billion and is also predicted to record CAGR of about 7.9% during forecast timeline. Further, launch of medium density fiber board over time has widened scope of wood furniture application.

China Powder Coatings Market size, by application, (kilo tons), 2013-2024 China Powder Coatings Market size, by application, (kilo tons), 2013-2024     

North American industry contributed $1.90 billion for 2015 in terms of revenue and U.S. powder coating market contributed to 80.1% of the overall demand.

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Europe powder coatings market share is projected to be 891 kilo tons by end of 2023. Main factor that is promoting the demand for powder coatings is enhanced automotive production in UK, Germany, Austria, Romania and Hungary.

APAC is the biggest regional industry, with revenue predictions of more than $3.6 billion for 2015. Strong development across customer goods, automotive sector and infrastructure is predicted to assist the demand, particularly for powder coatings industry share in India.

By application

  • Architectural & Furniture
  • Automotive & Transportation
  • Household appliances & consumer goods
  • Medical & healthcare
  • Industrial
  • Others (Energy and construction)

By substrate

  • Metal
  • Non-Metal

The above information is provided on a regional and country basis for the following:

  • North America
  • EU
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East

Browse key industry insights spread across 200 pages with 229 market data tables & 12 figures & charts from the report, “Powder Coatings Market, 2017 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/powder-coating-market

Key industry players profiled in the report include DIC Corporation, Bayer MaterialScience, Kansai Paint Company Limited, DuPont, AkzoNobel, BASF, PPG Industries, The Valspar Corporation, Sherwin-Williams, Nippon Paint Company, Jotun A/S, Axalta, Eastman Chemical Company, Royal DSM, Arkema and Evonik Industries.

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