The Global Powder Coatings Market is expected to grow at a CAGR of around 5.27% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global Powder Coatings Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
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Global Powder Coatings Market Key Driver:
Transition of the Automotive Industry Towards Sustainability – The global inclination towards the adoption of clean & green solutions in the aftermath of climate change has been resulting in the growth of the electronic vehicle industry worldwide. Different countries, such as Germany, Brazil, India, etc., have been constantly engaged in building up their capabilities to manufacture electric vehicles. These countries are also taking several initiatives, like financial incentives, tax credits, etc., to raise the adoption rate of such vehicles to reduce the carbon footprint of their countries. Hence, this, combined with the rise in the percentage of environmentally responsible consumers, is pushing the growth of the automotive industry.
Analyzing the Segmentations for the Global Powder Coatings Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
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
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Exploring the Geographical Landscape of the Global Powder Coatings Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
Do You Know Who are the Leading Companies in the Global Powder Coatings Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Powder Coatings Market companies:
-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.
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Key Questions Addressed in the Global Powder Coatings Market Research Report:
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