Powder Coatings Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Resin type (Thermoset, Thermoplastic); Coating Technology (Electrostatic Spray, Fluidized Bed); End Use Industry (Appliances, Automotive, General Industrial, Architecture, Furniture, Others) and Geography

Report Code: TIPRE00003343 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

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MARKET OVERVIEW

Powder coating is a method of applying a dry coating material to a surface using a dry finishing technique. The coating material is made up of finely ground resin particles, color pigments, and other additives for particular functions like gloss and hardness. Powder coatings are available in a wide range of colors, thicknesses, finishes, and textures and can be applied to metallic and non-metallic substrates.

MARKET SCOPE

The "Global Powder Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the powder coatings market with detailed market segmentation by resin type, coating technology and end use industry. The report provides key statistics on the market status of the leading powder coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  • Based on resin type, the global powder coatings market is segmented intothermoset, thermoplastic.
  • On the basis of coating technology, the market is segmented into electrostatic spray, fluidized bed.
  • Based on end use industry, the market is bifurcated into appliances, automotive, general industrial, architecture, furniture, others.

MARKET DYNAMICS

Drivers

  • Due to excellent performance, low operating costs, color availability, and custom properties such as anti-corrosion and anti-bacterial functions, high adoption of powder coatings in the furniture sector will drive market growth for the powder coating industry.
  • One of the fastest-growing markets for powder coatings is the architectural and building market, primarily due to the durability provided by powder coatings. With the wide variety of colors and finishes available in powder coatings, more and more construction companies are turning to powder coatings, in order to provide long-term exterior finishes for outdoor venues and public work projects.
  • Powder coatings are used in a wide range of industries, including automotive, electronics, furniture, architectural, and general industrial, and these factors are propelling the powder coating market forward.

Restraints

  • Thermoplastic and thermoset resins are used as raw materials in powder coating production. Raw material price volatility affects powder coating raw material pricing and serves as a barrier to architectural coatings in building applications.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The powder coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the powder coatings market in these regions.

IMPACT OF COVID-19 ON POWDER COATINGS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the powder coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from powder coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for powder coatings in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the powder coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • PPG Industries, Inc.
  • The Sherwin-Williams Company
  • Akzo Nobel N.V.
  • Axalta Coating Systems, LLC
  • Jotun A/S
  • Arkema S.A.
  • zigmapaints.com
  • Prominent Powder Pvt. Ltd.
  • Tulip Paints
  • The Powder Coating Institute
  • Nivera Paints (India) Pvt. Ltd.
  • IFS coating
  • HMG Powder Coatings Limited
  • OK Color.
  • Bowker Machinery Ltd
  • Thermaset Ltd
  • Paramount Powders
  • THOMAS HOWSE LIMITED
  • Colour Dynamics
  • Zhejiang Huacai Advanced Material CO., LTD.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

 

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Powder Coatings Market - By Resin type
1.3.2 Powder Coatings Market - By Coating Technology
1.3.3 Powder Coatings Market - By End Use Industry
1.3.4 Powder Coatings Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. POWDER COATINGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. POWDER COATINGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. POWDER COATINGS MARKET - GLOBAL MARKET ANALYSIS
6.1. POWDER COATINGS - GLOBAL MARKET OVERVIEW
6.2. POWDER COATINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. POWDER COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. THERMOSET
7.3.1. Overview
7.3.2. Thermoset Market Forecast and Analysis
7.4. THERMOPLASTIC
7.4.1. Overview
7.4.2. Thermoplastic Market Forecast and Analysis
8. POWDER COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - COATING TECHNOLOGY
8.1. OVERVIEW
8.2. COATING TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. ELECTROSTATIC SPRAY
8.3.1. Overview
8.3.2. Electrostatic Spray Market Forecast and Analysis
8.4. FLUIDIZED BED
8.4.1. Overview
8.4.2. Fluidized Bed Market Forecast and Analysis
9. POWDER COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
9.1. OVERVIEW
9.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. APPLIANCES
9.3.1. Overview
9.3.2. Appliances Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. GENERAL INDUSTRIAL
9.5.1. Overview
9.5.2. General Industrial Market Forecast and Analysis
9.6. ARCHITECTURE
9.6.1. Overview
9.6.2. Architecture Market Forecast and Analysis
9.7. FURNITURE
9.7.1. Overview
9.7.2. Furniture Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. POWDER COATINGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Powder Coatings Market Overview
10.1.2 North America Powder Coatings Market Forecasts and Analysis
10.1.3 North America Powder Coatings Market Forecasts and Analysis - By Resin type
10.1.4 North America Powder Coatings Market Forecasts and Analysis - By Coating Technology
10.1.5 North America Powder Coatings Market Forecasts and Analysis - By End Use Industry
10.1.6 North America Powder Coatings Market Forecasts and Analysis - By Countries
10.1.6.1 United States Powder Coatings Market
10.1.6.1.1 United States Powder Coatings Market by Resin type
10.1.6.1.2 United States Powder Coatings Market by Coating Technology
10.1.6.1.3 United States Powder Coatings Market by End Use Industry
10.1.6.2 Canada Powder Coatings Market
10.1.6.2.1 Canada Powder Coatings Market by Resin type
10.1.6.2.2 Canada Powder Coatings Market by Coating Technology
10.1.6.2.3 Canada Powder Coatings Market by End Use Industry
10.1.6.3 Mexico Powder Coatings Market
10.1.6.3.1 Mexico Powder Coatings Market by Resin type
10.1.6.3.2 Mexico Powder Coatings Market by Coating Technology
10.1.6.3.3 Mexico Powder Coatings Market by End Use Industry
10.2. EUROPE
10.2.1 Europe Powder Coatings Market Overview
10.2.2 Europe Powder Coatings Market Forecasts and Analysis
10.2.3 Europe Powder Coatings Market Forecasts and Analysis - By Resin type
10.2.4 Europe Powder Coatings Market Forecasts and Analysis - By Coating Technology
10.2.5 Europe Powder Coatings Market Forecasts and Analysis - By End Use Industry
10.2.6 Europe Powder Coatings Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Powder Coatings Market
10.2.6.1.1 Germany Powder Coatings Market by Resin type
10.2.6.1.2 Germany Powder Coatings Market by Coating Technology
10.2.6.1.3 Germany Powder Coatings Market by End Use Industry
10.2.6.2 France Powder Coatings Market
10.2.6.2.1 France Powder Coatings Market by Resin type
10.2.6.2.2 France Powder Coatings Market by Coating Technology
10.2.6.2.3 France Powder Coatings Market by End Use Industry
10.2.6.3 Italy Powder Coatings Market
10.2.6.3.1 Italy Powder Coatings Market by Resin type
10.2.6.3.2 Italy Powder Coatings Market by Coating Technology
10.2.6.3.3 Italy Powder Coatings Market by End Use Industry
10.2.6.4 United Kingdom Powder Coatings Market
10.2.6.4.1 United Kingdom Powder Coatings Market by Resin type
10.2.6.4.2 United Kingdom Powder Coatings Market by Coating Technology
10.2.6.4.3 United Kingdom Powder Coatings Market by End Use Industry
10.2.6.5 Russia Powder Coatings Market
10.2.6.5.1 Russia Powder Coatings Market by Resin type
10.2.6.5.2 Russia Powder Coatings Market by Coating Technology
10.2.6.5.3 Russia Powder Coatings Market by End Use Industry
10.2.6.6 Rest of Europe Powder Coatings Market
10.2.6.6.1 Rest of Europe Powder Coatings Market by Resin type
10.2.6.6.2 Rest of Europe Powder Coatings Market by Coating Technology
10.2.6.6.3 Rest of Europe Powder Coatings Market by End Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Powder Coatings Market Overview
10.3.2 Asia-Pacific Powder Coatings Market Forecasts and Analysis
10.3.3 Asia-Pacific Powder Coatings Market Forecasts and Analysis - By Resin type
10.3.4 Asia-Pacific Powder Coatings Market Forecasts and Analysis - By Coating Technology
10.3.5 Asia-Pacific Powder Coatings Market Forecasts and Analysis - By End Use Industry
10.3.6 Asia-Pacific Powder Coatings Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Powder Coatings Market
10.3.6.1.1 Australia Powder Coatings Market by Resin type
10.3.6.1.2 Australia Powder Coatings Market by Coating Technology
10.3.6.1.3 Australia Powder Coatings Market by End Use Industry
10.3.6.2 China Powder Coatings Market
10.3.6.2.1 China Powder Coatings Market by Resin type
10.3.6.2.2 China Powder Coatings Market by Coating Technology
10.3.6.2.3 China Powder Coatings Market by End Use Industry
10.3.6.3 India Powder Coatings Market
10.3.6.3.1 India Powder Coatings Market by Resin type
10.3.6.3.2 India Powder Coatings Market by Coating Technology
10.3.6.3.3 India Powder Coatings Market by End Use Industry
10.3.6.4 Japan Powder Coatings Market
10.3.6.4.1 Japan Powder Coatings Market by Resin type
10.3.6.4.2 Japan Powder Coatings Market by Coating Technology
10.3.6.4.3 Japan Powder Coatings Market by End Use Industry
10.3.6.5 South Korea Powder Coatings Market
10.3.6.5.1 South Korea Powder Coatings Market by Resin type
10.3.6.5.2 South Korea Powder Coatings Market by Coating Technology
10.3.6.5.3 South Korea Powder Coatings Market by End Use Industry
10.3.6.6 Rest of Asia-Pacific Powder Coatings Market
10.3.6.6.1 Rest of Asia-Pacific Powder Coatings Market by Resin type
10.3.6.6.2 Rest of Asia-Pacific Powder Coatings Market by Coating Technology
10.3.6.6.3 Rest of Asia-Pacific Powder Coatings Market by End Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Powder Coatings Market Overview
10.4.2 Middle East and Africa Powder Coatings Market Forecasts and Analysis
10.4.3 Middle East and Africa Powder Coatings Market Forecasts and Analysis - By Resin type
10.4.4 Middle East and Africa Powder Coatings Market Forecasts and Analysis - By Coating Technology
10.4.5 Middle East and Africa Powder Coatings Market Forecasts and Analysis - By End Use Industry
10.4.6 Middle East and Africa Powder Coatings Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Powder Coatings Market
10.4.6.1.1 South Africa Powder Coatings Market by Resin type
10.4.6.1.2 South Africa Powder Coatings Market by Coating Technology
10.4.6.1.3 South Africa Powder Coatings Market by End Use Industry
10.4.6.2 Saudi Arabia Powder Coatings Market
10.4.6.2.1 Saudi Arabia Powder Coatings Market by Resin type
10.4.6.2.2 Saudi Arabia Powder Coatings Market by Coating Technology
10.4.6.2.3 Saudi Arabia Powder Coatings Market by End Use Industry
10.4.6.3 U.A.E Powder Coatings Market
10.4.6.3.1 U.A.E Powder Coatings Market by Resin type
10.4.6.3.2 U.A.E Powder Coatings Market by Coating Technology
10.4.6.3.3 U.A.E Powder Coatings Market by End Use Industry
10.4.6.4 Rest of Middle East and Africa Powder Coatings Market
10.4.6.4.1 Rest of Middle East and Africa Powder Coatings Market by Resin type
10.4.6.4.2 Rest of Middle East and Africa Powder Coatings Market by Coating Technology
10.4.6.4.3 Rest of Middle East and Africa Powder Coatings Market by End Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Powder Coatings Market Overview
10.5.2 South and Central America Powder Coatings Market Forecasts and Analysis
10.5.3 South and Central America Powder Coatings Market Forecasts and Analysis - By Resin type
10.5.4 South and Central America Powder Coatings Market Forecasts and Analysis - By Coating Technology
10.5.5 South and Central America Powder Coatings Market Forecasts and Analysis - By End Use Industry
10.5.6 South and Central America Powder Coatings Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Powder Coatings Market
10.5.6.1.1 Brazil Powder Coatings Market by Resin type
10.5.6.1.2 Brazil Powder Coatings Market by Coating Technology
10.5.6.1.3 Brazil Powder Coatings Market by End Use Industry
10.5.6.2 Argentina Powder Coatings Market
10.5.6.2.1 Argentina Powder Coatings Market by Resin type
10.5.6.2.2 Argentina Powder Coatings Market by Coating Technology
10.5.6.2.3 Argentina Powder Coatings Market by End Use Industry
10.5.6.3 Rest of South and Central America Powder Coatings Market
10.5.6.3.1 Rest of South and Central America Powder Coatings Market by Resin type
10.5.6.3.2 Rest of South and Central America Powder Coatings Market by Coating Technology
10.5.6.3.3 Rest of South and Central America Powder Coatings Market by End Use Industry

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. POWDER COATINGS MARKET, KEY COMPANY PROFILES
12.1. PPG INDUSTRIES, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. THE SHERWIN-WILLIAMS COMPANY
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. AKZO NOBEL N.V.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. AXALTA COATING SYSTEMS, LLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. JOTUN A/S
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ARKEMA S.A.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ZIGMAPAINTS.COM
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PROMINENT POWDER PVT. LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TULIP PAINTS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. THE POWDER COATING INSTITUTE
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
12.11. NIVERA PAINTS (INDIA) PVT. LTD.
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments
12.12. IFS COATING
12.12.1. Key Facts
12.12.2. Business Description
12.12.3. Products and Services
12.12.4. Financial Overview
12.12.5. SWOT Analysis
12.12.6. Key Developments
12.13. HMG POWDER COATINGS LIMITED
12.13.1. Key Facts
12.13.2. Business Description
12.13.3. Products and Services
12.13.4. Financial Overview
12.13.5. SWOT Analysis
12.13.6. Key Developments
12.14. OK COLOR.
12.14.1. Key Facts
12.14.2. Business Description
12.14.3. Products and Services
12.14.4. Financial Overview
12.14.5. SWOT Analysis
12.14.6. Key Developments
12.15. BOWKER MACHINERY LTD
12.15.1. Key Facts
12.15.2. Business Description
12.15.3. Products and Services
12.15.4. Financial Overview
12.15.5. SWOT Analysis
12.15.6. Key Developments
12.16. THERMASET LTD
12.16.1. Key Facts
12.16.2. Business Description
12.16.3. Products and Services
12.16.4. Financial Overview
12.16.5. SWOT Analysis
12.16.6. Key Developments
12.17. PARAMOUNT POWDERS
12.17.1. Key Facts
12.17.2. Business Description
12.17.3. Products and Services
12.17.4. Financial Overview
12.17.5. SWOT Analysis
12.17.6. Key Developments
12.18. THOMAS HOWSE LIMITED
12.18.1. Key Facts
12.18.2. Business Description
12.18.3. Products and Services
12.18.4. Financial Overview
12.18.5. SWOT Analysis
12.18.6. Key Developments
12.19. COLOUR DYNAMICS
12.19.1. Key Facts
12.19.2. Business Description
12.19.3. Products and Services
12.19.4. Financial Overview
12.19.5. SWOT Analysis
12.19.6. Key Developments
12.20. ZHEJIANG HUACAI ADVANCED MATERIAL CO., LTD.
12.20.1. Key Facts
12.20.2. Business Description
12.20.3. Products and Services
12.20.4. Financial Overview
12.20.5. SWOT Analysis
12.20.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS

 

The List of Companies

1. PPG Industries, Inc.
2. The Sherwin-Williams Company
3. Akzo Nobel N.V.
4. Axalta Coating Systems, LLC
5. Jotun A/S
6. Arkema S.A.
7. zigmapaints.com
8. Prominent Powder Pvt. Ltd.
9. Tulip Paints
10. The Powder Coating Institute
11. Nivera Paints (India) Pvt. Ltd.
12. IFS coating
13. HMG Powder Coatings Limited
14. OK Color.
15. Bowker Machinery Ltd
16. Thermaset Ltd
17. Paramount Powders
18. THOMAS HOWSE LIMITED
19. Colour Dynamics
20.Zhejiang Huacai Advanced Material CO., LTD.

 

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