Powder Coatings Market, By Resin Type (Thermoset and Thermoplastic), By Coating Method (Electrostatic Spray Coating, Fluidized Bed Coating, Electrostatic Fluidized Bed Process , and Flame Spraying), By End-use Industry (Aerospace Industry, Automotive, Construction , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI339

Pages :950

Formats :

Excel and PDF

Industry : Advanced Materials

Market Concentration and Competitive Landscape

Powder Coatings Market Concentration By Players

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Meeting the Demands of Downstream Industries

The construction sector has always been a major consumer of powder coatings. Architectural applications such as fencing, shutters, and window frames need robust and long lasting finishes that can withstand weathering. Powder coatings deliver on this requirement and their maintenance-free nature is additionally attractive. In recent years, buoyant infrastructure development across developing economies has majorly driven powder coating intake in the construction industry. Another growth area has been residential fittings and appliances. More builders are offering powder coated fixtures as consumers seek homes with low maintenance exteriors and interiors. Even in developed markets, homeowners prefer powder coated interior components for their fade and abrasion resistant qualities. The automotive industry too has risen as a prominent end-user. More OEMs are adopting advanced powder coating systems for achieving the stringent design aesthetics and protection requirements of contemporary vehicles. Other downstream sectors such as agricultural equipment and oil & gas equipment have emerged as opportunities for coating formulators to develop application-specific products.

Key Players Insights