Powder Coatings Market Size, Share, Analysis Report

Powder Coatings Market Size by Coating Method (Fluidized Bed, Electrostatic Spray), By End-Use Industry (Architectural, Furniture), By Resin Type (Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, Thermoset), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The powder coatings market is expected to be around US$ 16.40 billion by 2027 at a CAGR of 5%.

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MARKET SNAPSHOT

Major Players

  • Vogel Paint Inc
  • IFS Coatings
  • Hentzen Coating, Inc
  • Evonik Industries
  • Tiger Coatings
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The powder coatings market is expected to be around US$ 16.40 billion by 2027 at a CAGR of 5%.

    Powder coating refers to dry finishing process used on array of products for refining protective characteristics and visual appeal of the products. The general process includes polymer resins, levelling agents, flow modifiers, pigments and other additives mixed, melted, cooled and later grounded into uniform form. Different techniques are wont to achieve application of this uniform residue on metallic and non-metallic substrate. Because of low ecological impact, this product is widely utilized in a spread of applications over liquid namely, automotive, appliances, architectural, furniture, ACE and general industries. The worldwide powder coatings market growth is attributed to factors like increased consumer spending, rising per capita income, varying consumer preferences alongside advancement in technology. The infrastructural expansion is additionally a key factor driving the merchandise demand on a worldwide scale. Efficiency and overspray are among the key factors governing the market economics. Higher utilization rate as compared to liquid forms is among the key factors affecting the general product application scope.

    They provide durable and attractive finishes. Powder coatings are applied with the assistance of a sprig gun, which imparts an electrical charge on the powder particles and directs them toward the thing to be coated. Powder coatings are wont to provide protective and ornamental finishes. They are available during a wide selection of colors and textures.

    The global Powder Coatings market is segregated on the basis of Coating Method as Fluidized Bed, Electrostatic Spray, and Others. Based on End-Use Industry the global Powder Coatings market is segmented in Architectural, Furniture, Others, Electrical & Electronics, General Industrial, Appliances, and Automotive. Based on Resin Type the global Powder Coatings market is segmented in Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, and Thermoset.

    The global Powder Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Powder Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Vogel Paint, Inc, Hentzen Coating, Inc, Evonik Industries, IFS Coatings, Tiger Coatings, Akzonobel N.V., Asian Paints Limited, Axalta Coating Systems, LLC, Berger Paints India Limited, Jotun A/S, and others are among the major players in the global Powder Coatings market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Powder Coatings Market has been segmented as below:

    Powder Coatings Market, By Coating Method

    • Fluidized Bed
    • Electrostatic Spray
    • Others

    Powder Coatings Market, By End-Use Industry

    • Architectural
    • Furniture
    • Others
    • Electrical & Electronics
    • Electrical Motor Stators
    • Electrical Motor Rotors       
    • Switch Boxes
    • Electric Boxes
    • Transformers
    • Electric Meters
    • Electric Connectors
    • Computer Room Floor System
    • Others
    • General Industrial
    • Steel Carts
    • Power Tools
    • Retail Store Racks
    • Refrigerator Shelving
    • Air Cleaners
    • Lighting Fixtures
    • Water Pumps
    • Steel Drums
    • Office Partitions
    • Escalator Steps
    • Others
    • Appliances
    • Kitchen Blenders
    • Kitchen Mixers
    • Pens
    • Vacuum Cleaners
    • Water Heaters
    • Bunk Beds
    • Floor Polishers
    • Cigarette Lighters
    • Desk Lamps
    • Others
    • Automotive
    • Steering Wheels
    • Bumpers
    • Mirror Frames
    • Battery Trays
    • Air Conditioning Components
    • Engine Blocks
    • Oil Filters
    • Shock Absorbers
    • Seat Belt Latches
    • Seat Belt Mounts
    • Truck Light Housings
    • Truck Seat Frames
    • Jack Stands
    • Interior Trim Parts
    • Others

    Powder Coatings Market, By Resin Type

    • Comparison Between Thermoset and Thermoplastic Powder Coatings
    • Thermoplastic
    • Nylon
    • Polyolefin
    • Polyvinyl Chloride
    • Polyvinyl Fluoride
    • Polyvinylidene Fluoride
    • Polyamide
    • Polyethylene
    • Polypropylene
    • Thermoset
    • Polyester
    • Epoxy Polyester Hybrid
    • Epoxy
    • Acrylic
    • Polyurethane
    • Others

    Powder Coatings Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Powder Coatings Market, By Company

    • Vogel Paint, Inc
    • Hentzen Coating, Inc
    • Evonik Industries
    • IFS Coatings
    • Tiger Coatings
    • Akzonobel N.V.
    • Asian Paints Limited
    • Axalta Coating Systems, LLC
    • Berger Paints India Limited
    • Jotun A/S
    • Kansai Paint Company Limited
    • PPG Industries, Inc
    • The Sherwin-Williams Company
    • The Valspar Corporation
    • Somar Corporation
    • RPM International
    • Dulux Powder & Industrial Coating
    • Dupont Coating & Colour Technologies Group
    • Marpol
    • Protech Oxyplast Powder Coating
    • Nippon Paint Co., LTD
    • Cloverdale Paint, Inc

    The report covers:

    • Global Powder Coatings market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Powder Coatings market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Powder Coatings market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Powder Coatings market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Powder Coatings market share. Major industry players with significant revenue share include Vogel Paint, Inc, Hentzen Coating, Inc, Evonik Industries, IFS Coatings, Tiger Coatings, Akzonobel N.V., Asian Paints Limited, Axalta Coating Systems, LLC, Berger Paints India Limited, Jotun A/S, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Powder Coatings industry trends
    • Find complete analysis on the market status
    • Identify the Powder Coatings market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Powder Coatings Market, By Coating Method
        5.1 Introduction
        5.2 Fluidized Bed
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Electrostatic Spray
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Others
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast

    6. Powder Coatings Market, By End-Use Industry
        6.1 Introduction
        6.2 Architectural
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Furniture
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Others
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Electrical & Electronics
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast
        6.6 General Industrial
            6.6.1 Market Overview
            6.6.2 Market Size and Forecast
        6.7 Appliances
            6.7.1 Market Overview
            6.7.2 Market Size and Forecast
        6.8 Automotive
            6.8.1 Market Overview
            6.8.2 Market Size and Forecast

    7. Powder Coatings Market, By Resin Type
        7.1 Introduction
        7.2 Comparison Between Thermoset and Thermoplastic Powder Coatings
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Thermoplastic
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Thermoset
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast

    8. Powder Coatings Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Powder Coatings, By Coating Method
            8.2.2 North America Powder Coatings, By End-Use Industry
            8.2.3 North America Powder Coatings, By Resin Type
        8.3 Europe
            8.3.1 Europe Powder Coatings, By Coating Method
            8.3.2 Europe Powder Coatings, By End-Use Industry
            8.3.3 Europe Powder Coatings, By Resin Type
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Powder Coatings, By Coating Method
            8.4.2 Asia-Pacific Powder Coatings, By End-Use Industry
            8.4.3 Asia-Pacific Powder Coatings, By Resin Type
        8.5 Rest of the World
            8.5.1 Rest of the World Powder Coatings, By Coating Method
            8.5.2 Rest of the World Powder Coatings, By End-Use Industry
            8.5.3 Rest of the World Powder Coatings, By Resin Type

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others

    10. Company Profiles
        10.1 Vogel Paint, Inc
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Hentzen Coating, Inc
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Evonik Industries
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 IFS Coatings
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Tiger Coatings
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Akzonobel N.V.
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Asian Paints Limited
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Axalta Coating Systems, LLC
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 Berger Paints India Limited
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 Jotun A/S
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments
               10.11 Kansai Paint Company Limited.
            10.11.1 Company Overview
            10.11.2 Product/Service Landscape
            10.11.3 Financial Overview
            10.11.4 Recent Developments
        10.12 PPG Industries, Inc
            10.12.1 Company Overview
            10.12.2 Product/Service Landscape
            10.12.3 Financial Overview
            10.12.4 Recent Developments
        10.13 The Sherwin-Williams Company
            10.13.1 Company Overview
            10.13.2 Product/Service Landscape
            10.13.3 Financial Overview
            10.13.4 Recent Developments
        10.14 The Valspar Corporation
            10.14.1 Company Overview
            10.14.2 Product/Service Landscape
            10.14.3 Financial Overview
            10.14.4 Recent Developments
        10.15 Somar Corporation
            10.15.1 Company Overview
            10.15.2 Product/Service Landscape
            10.15.3 Financial Overview
            10.15.4 Recent Developments
                10.16 RPM International
            10.16.1 Company Overview
            10.16.2 Product/Service Landscape
            10.16.3 Financial Overview
            10.16.4 Recent Developments
        10.17 Dulux Powder & Industrial Coating
            10.17.1 Company Overview
            10.17.2 Product/Service Landscape
            10.17.3 Financial Overview
            10.17.4 Recent Developments
        10.18 Dupont Coating & Colour Technologies Group
            10.18.1 Company Overview
            10.18.2 Product/Service Landscape
            10.18.3 Financial Overview
            10.18.4 Recent Developments
        10.19 Marpol
            10.19.1 Company Overview
            10.19.2 Product/Service Landscape
            10.19.3 Financial Overview
            10.19.4 Recent Developments
        10.20 Protech Oxyplast Powder Coating
            10.20.1 Company Overview
            10.20.2 Product/Service Landscape
            10.20.3 Financial Overview
            10.20.4 Recent Developments
                10.21 Nippon Paint Co., LTD
            10.21.1 Company Overview
            10.21.2 Product/Service Landscape
            10.21.3 Financial Overview
            10.21.4 Recent Developments
              10.22 Cloverdale Paint, Inc
                           10.22.1 Company Overview
            10.22.2 Product/Service Landscape
            10.22.3 Financial Overview
            10.22.4 Recent Developments

    The Powder Coatings Market has been segmented as below:

    Powder Coatings Market, By Coating Method

    • Fluidized Bed
    • Electrostatic Spray
    • Others

    Powder Coatings Market, By End-Use Industry

    • Architectural
    • Furniture
    • Others
    • Electrical & Electronics
    • Electrical Motor Stators
    • Electrical Motor Rotors       
    • Switch Boxes
    • Electric Boxes
    • Transformers
    • Electric Meters
    • Electric Connectors
    • Computer Room Floor System
    • Others
    • General Industrial
    • Steel Carts
    • Power Tools
    • Retail Store Racks
    • Refrigerator Shelving
    • Air Cleaners
    • Lighting Fixtures
    • Water Pumps
    • Steel Drums
    • Office Partitions
    • Escalator Steps
    • Others
    • Appliances
    • Kitchen Blenders
    • Kitchen Mixers
    • Pens
    • Vacuum Cleaners
    • Water Heaters
    • Bunk Beds
    • Floor Polishers
    • Cigarette Lighters
    • Desk Lamps
    • Others
    • Automotive
    • Steering Wheels
    • Bumpers
    • Mirror Frames
    • Battery Trays
    • Air Conditioning Components
    • Engine Blocks
    • Oil Filters
    • Shock Absorbers
    • Seat Belt Latches
    • Seat Belt Mounts
    • Truck Light Housings
    • Truck Seat Frames
    • Jack Stands
    • Interior Trim Parts
    • Others

    Powder Coatings Market, By Resin Type

    • Comparison Between Thermoset and Thermoplastic Powder Coatings
    • Thermoplastic
    • Nylon
    • Polyolefin
    • Polyvinyl Chloride
    • Polyvinyl Fluoride
    • Polyvinylidene Fluoride
    • Polyamide
    • Polyethylene
    • Polypropylene
    • Thermoset
    • Polyester
    • Epoxy Polyester Hybrid
    • Epoxy
    • Acrylic
    • Polyurethane
    • Others

    Powder Coatings Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Powder Coatings Market, By Company

    • Vogel Paint, Inc
    • Hentzen Coating, Inc
    • Evonik Industries
    • IFS Coatings
    • Tiger Coatings
    • Akzonobel N.V.
    • Asian Paints Limited
    • Axalta Coating Systems, LLC
    • Berger Paints India Limited
    • Jotun A/S
    • Kansai Paint Company Limited
    • PPG Industries, Inc
    • The Sherwin-Williams Company
    • The Valspar Corporation
    • Somar Corporation
    • RPM International
    • Dulux Powder & Industrial Coating
    • Dupont Coating & Colour Technologies Group
    • Marpol
    • Protech Oxyplast Powder Coating
    • Nippon Paint Co., LTD
    • Cloverdale Paint, Inc

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    The market is expected to grow at a CAGR of 5% during the study period (2022-2027)
    The powder coatings market is expected to be around US$ 16.40 billion by 2027
    The segment included in Powder Coatings Market is Coating Method, End-Use Industry, Resin Type, Company and region.
    Some key players operating in the Powder Coatings Market include Vogel Paint, Inc, Hentzen Coating, Inc, Evonik Industries, IFS Coatings, Tiger Coatings, Akzonobel N.V., Asian Paints Limited
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