Global Powder Coatings Market to hit US$ 16bn+ by 2024 Powder Coating Market

Global Powder Coatings Market to grow at 6% CAGR
from 2018 to 2024: Global Market Insights Inc.
Powder Coating Market to exceed USD 16.5 billion by 2024; driven by increasing
demand in the automotive, aerospace and marine industry. Strong business outlook
with versatile applications including architectural, agricultural/construction
equipment, decorative, A&T components, and outdoor furniture are among the key
factors propelling the powder coating market share. Shifting consumer focus towards
the adoption of new green building construction techniques along with surging
preferences toward eco-friendly building materials will promulgate overall industry
scenario in the projected timeframe.
The incorporation of new & sustainable solutions and rapid technological
advancements to meet the efficiency, durability, and environmental requirements will
fuel the powder coating market expansion. Besides, consumer preferences toward
powder variants due to the major properties including durability, corrosion resistance,
and high luster & shine will further augment product portfolio.
Powder Coatings Market
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