Global Powder Coatings Market Information- by Resin Type (Thermoplastic and Thermoset), by Application (Automotive & Transportation, Architectural & Furniture, Appliances, Consumer Goods, and Others), by Substrate (Metal and Non-Metal) and Region- Forecast till 2023
Pune, India -- (SBWIRE) -- 05/18/2018 -- Coatings based on polymer resin systems; in combination with levelling agents, flow modifiers, pigments, and other preservatives are known as powder coatings. These components are cooled, melt-mixed, and moulded into a uniform powder. ESD (electrostatic spray disposition) is generally employed to render 'Powder-Coating' applications on metal substrates.
Powder Coatings provide brilliant applications. Ultra violet protection, high-durability, chemical & moisture resistance are some of the many uses. Due to these features, coating products are broadly adopted in consumer goods, furniture & architecture devices, transportation, automotive, etc. Architectural coatings enhance the beauty of surfaces & protect them from external conditions.
Architectural Coatings are mainly driven by renovations and non-housing constructions globally. Moreover, the demand for sustainable products across interior end-users raises their sales. Novel residential constructions should also prompt further expansion. In addition to these factors, enforcement of safety policies and awareness about coatings with low VOCs are estimated to propel the architectural segment.
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The recently held 2017 summit (on powder coatings) introduced the latest trends and product developments across the industry. "GRAND RAPIDS," a worldwide leader in colour technology & science, launched a training session across 13 North American locations. The session lasted for 2 days & assisted its participants in applying novel colour policies to their line of work.
Nowadays, several manufacturers and renowned companies are adopting sparkle, metallic, and other special-effect varnishes to cater to different audiences & make distinction among products. These varnishes surpass colour to appearance and require a novel procedure for colour management & specification. The worldwide powder coatings market is divided on the basis of applications and regions.
Applications consist of transportation & automotive, appliances, consumer goods, etc. Regionally, the industry is split into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa.
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