Infinium Global Research Global Powder Coatings Market Trend Analysis and F | Page 2

The report on Powder Coatings by Infinium Global Research analyses the
Powder Coatings Market over the period of 2017 to 2023. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Powder Coatings Market. It
will help a lot of decision makers to develop strategies and find new
opportunities in the Global Powder Coatings Market.
The value of Powder Coatings Market is projected to grow with a CAGR
between 6.0%- 6.5% during the forecast period of 2016 – 2022 and surpass
USD 12 billion by 2022. It was worth USD 8.X billion in 2015. Powder coatings
are type of coating which is applied on metal parts and product to enhance
durability of metal parts and products. The powder used in such coatings
include thermoplastic or thermoset polymer. Powder coatings are primarily
used for providing hard finish to metal products. It is tougher than
conventional paint and also enhances the performance of metal products.
Apart from durability, powder coatings offer benefits such as scratch
resistance, gloss retention and durable quality finish for metal parts and
products. It is mainly used in application on metal parts exposed to extreme
weather conditions. Furthermore, it is used in household appliances,
aluminum extrusion and automobile & bicycle parts; apart from this it is cost
efficient.
Infinium Global Research