Powder Coating Market - Size, Share,
Outlook, and Opportunity Analysis,
2018 - 2026
Powder Coatings Market report categorizes global market by Resin Type (Thermoset,
Thermoplastic), Coating Methods (Electrostatic Spray Coating, Fluidized Bed Coating,
Electrostatic Fluidized Bed Process, Flame Spraying), End-Use industry (Appliances,
Automotive, General Industrial, Architectural, Furniture), and Geography - Insights,
Opportunity Analysis, and Industry Forecast till 2025
Powder coatings are in high demand primarily due to its eco-friendly features as very less
amount of volatile organic compounds (VOCs) are found in powder coatings and low wastage
during production and consumption. Equipment development is a major contributing factor
towards opening up various application areas for powder coatings. In case of wet surface
treatment there are some newly developed chrome free equipment processes based on
zirconium, titanium and silane compounds. This newly developed systems allow the toxic
products to get substituted. These techniques also offer simultaneous degreasing and pickling,
which significantly reduces processing time. Technological advancements in the field of UV
and IR curing facilities is estimated to fuel production speed of powder coating systems. UV
and IR curing solutions are used in the powder coatings industry as they enable rapid curing of
the coating to a solid state.
Introduction of fine-tuned products designed for specific applications and penetrating new
markets through geographical expansion are key trends observed in powder coatings market. In
November 2016, Axalta (supplier of powder and liquid coatings) introduced a semi-matte
coatings solution called BK08 20 Gloss. This new powder offers increased durability and
enhanced weather resistance capabilities. In November 2016, Axalta announced plans to set up