Future Powder Coatings Market: Key Dynamics, Size & Share Analysis

The Global Powder Coatings Market size is valued at around USD 14.30 billion in 2024 & is projected to grow at a CAGR of around 4.44% during the forecasted period, i.e., 2025-30. Moreover, it is anticipated that the market will reach around USD 19.38 billion by 2030. The growth is accredited due to the rise in applications of powder coatings in numerous industries including appliances, automotive, industrial products, and furniture, combined with the escalation of activities in these industries in various regions across the globe.

Top Driver Impacting the Powder Coatings Market Growth

Expansion Across Diverse Industries Boosts the Demand for Powder Coatings in the Market – Powder coatings are used across several industries including automotive, furniture, architecture, appliances, and others, along with emerging areas such as fittings, oil & gas, valves, wastewater treatment, and tanks. With the ongoing revolution, including the adoption of powder coating on plastics and wood, the Global Power Coating Market is witnessing a surge in demand. Also, the environmental advantages correlated with powder coatings lead to the inclination towards powder coating rather than liquid one.

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Understanding the Core Segments in the Powder Coatings Market

Powder Coatings Market Size, Share & Industry Trends Analysis- By Resin Type (Eopxy Acrylic, Polyurethane, Polyester, Polyvinyl Chloride, Others) By Method of Coating (Electrostatic Spray Deposition [ESD], Fluidized bed, Others), By Application (Architectural, Furniture, Automotive, General Industrial, Appliances, Others), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (PPG Industries Inc., Akzo Nobel N.V., Axalta Coating System, Sherwin-Williams Company, Jotun Group, RPM International Inc., Arkema S.A., Nippon Paint Holdings, IGP Powder Coatings, 3M, Tiger Coatings GmbH & Co.KG, Kansai Nerolac Paints Ltd., A & I Coatings, Others) 

Geographical Analysis of the Powder Coatings Market

Geographically, the market expands across:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Asia-Pacific region is dominating the industry of powder coatings with a prominent share over the forecasted period.

Who Dominates the Powder Coatings Market Insights on Key Industry Players?

Companies are strengthening their presence in the Powder Coatings market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• PPG Industries Inc.
• Akzo Nobel N.V.
• Axalta Coating System
• Sherwin-Williams Company
• Jotun Group
• RPM International Inc.
• Arkema S.A.
• Nippon Paint Holdings
• IGP Powder Coatings
• 3M
• Tiger Coatings GmbH & Co.KG
• Kansai Nerolac Paints Ltd.
• A & I Coatings
• Others

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