Powder Coatings Market Forecast 2012 - 2018 | Page 3

Power Coatings Market Cooking and household appliances accounted for 20% of the total powder coatings market, while the application of the same in the automotive industry is expected to grow at a robust CAGR of 7% during the forecast period.The BRICS countries all have rapidly expanding automobile markets and thus contribute significantly to the automotive industry and in turn the powder coatings market. Increasing urbanization in these countries, particularly China, India, and Brazil will also drive up the demand for modern appliances, further aiding the powder coatings market. Download Sample PDF report with TOC: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1134 Asia Pacific, as may be gleaned, is the leading regional segment of the global powder coatings market due to the strong performance of the market in China and India. These two countries, along with other developing Asian countries such as Japan and South Korea, are expected to prop up the Asia Pacific powder coatings market in the coming years. Asia Pacific is estimated to have consumed close to 700 kilo tons of powder coating in 2011, more than 40% of the global consumption figure of 1,680 kilo tons . The global consumption of powder coatings is expected to rise to 2667.6 kilo tons by 2018, with Asia Pacific expected to increase its share further. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/powder-coatingsmarket.htm TABLE OF CONTENT Chapter 1 Preface 1.1 Report description 1.2 Research methodology Chapter 2 Executive Summary Chapter 3 Market Overview 3.1 Introduction 3.2 Value chain analysis 3 Transparency Market Research