The powder coatings market is estimated to be valued at USD 15.33 Bn in 2025 and is expected to reach USD 22.47 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2025 to 2032.
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The market is expected to witness positive growth over the forecast period. The demand for powder coatings from consumer appliances and construction industries has been increasing significantly. Powder coatings are vastly being adopted by manufacturers due to benefits like reduced wastage and easy application over liquid coatings. Also, stringent environment regulations restricting the use of VOCs are expected to propel the adoption of low emission powder coatings. Key players are focusing on developing bio-based and recycled material-based powder coatings to further increase their sustainability and market share. Growing construction and infrastructure development activities along with expanding consumer appliances industry in emerging nations will drive revenue generation in the global powder coatings market during the forecast time period.
An Environmentally Friendly Finish
Powder coatings are increasingly being demanded for their eco-friendly properties. Manufacturers across industries are moving towards powder coating as it allows for a dry, no-solvent process. Powder coatings cure at oven temperatures, making it a more sustainable alternative to liquid paints which release volatile organic compounds into the atmosphere. They can be easily reclaimed and reused, producing very little waste. Powder coated products are also very durable and provide superior corrosion resistance. As environmental regulations are progressing, many countries have strict norms regarding VOC emissions. This is encouraging greater acceptance of powder coating technology. Sustainable finishing is no longer a novelty but a business necessity. Leading companies want to showcase their green credentials and powder coatings allow them to achieve that.
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