Powder Coatings Market Analysis and Forecast to 2031: By Type (Thermoset and Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed, and Others), Application (Automotive, General Industrial, Architectural, Furniture, and Others), and Region

Powder coating is a type of coating that is applied as a free-flowing, dry powder. The main difference between powder coating and conventional liquid coating is that the powder coating does not require a solvent to keep the binder and filler parts in a liquid suspension form. The coating is typically applied electrostatically and is then cured under heat to allow it to flow and form a “skin.” Powder coating is usually thicker than conventional liquid coatings.

Powder coating is usually applied to metals, such as aluminum, but can also be applied to other materials, such as plastics and glass. The powder may be a thermoplastic or a thermoset polymer. It is usually used to create a hard finish that is tougher than conventional paint. Powder coating is available in a wide range of colors and textures.

Key Trends

Some of the key trends in powder coating technology include:

1. Improved finishes: Powder coating technology has advanced to the point where it can now provide finishes that are indistinguishable from liquid paint. This means that powder coating can be used for a wider range of applications, including those that require a high level of aesthetic quality.

2. Increased durability: Powder coating finishes are becoming increasingly durable, thanks to advances in technology. This means that powder-coated surfaces will be able to withstand more wear and tear, and will look good for longer.

3. Greater sustainability: Powder coating is a more sustainable option than liquid paint, as it does not produce any harmful emissions. This makes it an ideal choice for those who are looking for an environmentally friendly finish.

4. More color options: Powder coating technology has expanded to include a wider range of colors, allowing for more creative and unique finishes.

Key Drivers

Powder coatings are a type of coating that is applied as a free-flowing, dry powder. The main drivers for the powder coatings market are the growing automotive industry, the preference for powder coatings over liquid coatings, and the stringent environmental regulations.

The automotive industry is the largest end-user of powder coatings. Powder coatings are used on a variety of automotive parts, including wheels, bumpers, and exhaust pipes. The growing automotive industry in emerging economies is expected to drive the demand for powder coatings.

The preference for powder coatings over liquid coatings is another key driver for the powder coatings market. Powder coatings provide a number of advantages over liquid coatings, including better durability, better resistance to chipping and scratching, and easier application.

Stringent environmental regulations are also driving the demand for powder coatings. Powder coatings emit lower levels of volatile organic compounds (VOCs) than liquid coatings, making them a more environmentally-friendly option.

Restraints & Challenges

Powder coatings are a type of coating that is applied as a dry powder. The main advantage of powder coatings over traditional wet paint is that they are much more durable and resistant to chipping, scratching, and fading. Powder coatings are also more environmentally friendly because they do not contain solvents that can evaporate into the atmosphere.

However, powder coatings have a few disadvantages. The biggest disadvantage is that they are more expensive than traditional wet paint. Powder coatings also require special equipment for application, which can be expensive to purchase or rent. Finally, powder coatings can be difficult to remove if they are applied incorrectly.

Key Market Segments

The powder coatings market bifurcated on the basis of type, coating method, application, and region. On the basis of type, it is segmented into thermoset and thermoplastic. By coating method it is electrostatic spray, fluidized bed and others. By application it is divided into automotive, general industrial, architectural, furniture and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Market Players

The powder coatings market report includes players such as Akzo Nobel N.V, The Sherwin-Williams Company, PPG Industries Inc., BASF SE, DSM, Jotun, Tiger Coating, Valspar, Bayer AG, and TCI Powder.

 

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Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Powder Coatings Market Outlook
3.1. Powder Coatings Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Powder Coatings Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Powder Coatings Market
4.3. Economic Impact Analysis

Chapter 5. Powder Coatings Market by Type
5.1. Market Overview
5.2. Thermoset
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Thermoplastic
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Powder Coatings Market by Coating Method
6.1. Market Overview
6.2. Electrostatic Spray
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Fluidized Bed
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Others
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Powder Coatings Market by Application
7.1. Market Overview
7.2. Automotive
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. General Industrial
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Architectural
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Furniture
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.6. Others
7.6.1. Market Size and Forecast, 2021-2031 ($Million)
7.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Powder Coatings Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.3. North America Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.2.4. North America Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.5. North America Powder Coatings Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.6.2. The U.S. Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.2.6.3. The U.S. Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.7.2. Canada Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.2.7.3. Canada Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.8.2. Mexico Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.2.8.3. Mexico Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.3. Europe Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.4. Europe Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.5. Europe Powder Coatings Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.6.2. Germany Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.6.3. Germany Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.7.2. France Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.7.3. France Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.8.2. U.K. Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.8.3. U.K. Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.9.2. Spain Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.9.3. Spain Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.10.2. Italy Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.10.3. Italy Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Powder Coatings Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.4. Asia-Pacific Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.5. Asia-Pacific Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.6. )
8.4.7. China
8.4.7.1. China Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.7.2. China Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.7.3. China Powder Coatings Market Size and Forecast by Product Application, 2021-2031, ($Million)
8.4.8. India
8.4.8.1. India Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.8.2. India Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.8.3. India Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.9. Japan
8.4.9.1. Japan Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.9.2. Japan Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.9.3. Japan Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.10. South Korea
8.4.10.1. South Korea Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.10.2. South Korea Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.10.3. South Korea Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.11. Rest of APAC
8.4.11.1. Rest of APAC Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.11.2. Rest of APAC Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.4.11.3. Rest of APAC Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.3. Rest of the World Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.5.4. Rest of the World Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.5. Rest of the World Powder Coatings Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.6.2. Latin America Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.5.6.3. Latin America Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.7.2. Middle East Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.5.7.3. Middle East Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Powder Coatings Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.8.2. Africa Powder Coatings Market Size and Forecast by Coating Method, 2021-2031, ($Million)
8.5.8.3. Africa Powder Coatings Market Size and Forecast by Application, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Akzo Nobel N.V
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. The Sherwin-Williams Company
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. PPG Industries Inc.
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. BASF SE
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. DSM
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Jotun
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Tiger Coating
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Valspar
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Bayer AG
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. TCI Powder
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report
Key Market Players
  • Akzo Nobel N.V
  • The Sherwin-Williams Company
  • PPG Industries Inc.,
  • BASF SE
  • DSM
  • Jotun
  • Tiger Coating
  • Valspar
  • Bayer AG
  • TCI Powder
Key Market Segments

By Type

  • Thermoset
  • Thermoplastic

By Coating method

  • Electrostatic Spray
  • Fluidized Bed
  • Others

By Application

  • Automotive
  • General Industrial
  • Architectural
  • Furniture
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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