Powder Coatings Market Forecast 2012 - 2018 | Page 2

Power Coatings Market REPORT DESCRIPTION Powder Coatings Market for Automotive, Electronics, Architectural and Industrial Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 According to a new market study released by Transparency Market Research (TMR), a leading U.S.-based market intelligence firm, the global powder coatings market is expected to expand rapidly in the coming years thanks to growing demand for consumer goods from the emerging BRICS economies. These countries have some of the fastest developing economies in the world and goods ranging from appliances to automobiles have a high demand from these countries. The high population of India and China, collectively accounting for 36% of the global population, also aids the powder coatings market.The report, compiled by experienced analysts using analytical tools such as Porter’s five forces analysis and market attractiveness analysis, is titled ‘Powder Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018’ and is available for sale on TMR’s website. The report presents historical statistics regarding the growth of the powder coatings market in the last few years and, upon a methodical analysis of the current market trends and their impact on market development, presents refined growth forecasts for the market’s expansion from 2012 to 2018. Browse The Full Report at: http://www.transparencymarketresearch.com/powdercoatings-market.html According to the report, the global powder coatings market was worth US$6.5 billion in 2011 and growing at a CAGR of 7.2% from 2012 to 2018. The market will reach a total value of US$10.5 billion by 2018. Technological advancements to overcome existing market restraints such as the difficulty in applying thin layers of coatings evenly will be crucial in the market’s growth.By application, the global powder coatings market is taken up by automotives, appliances, general industry, furniture, architecture, and others. The automotive industry and appliances take up a significant share of global consumption of powder coatings. 2 Transparency Market Research