Albany, NY -- (SBWIRE) -- 11/28/2016 -- Powder coating is a dry surface finishing process. This is a solvent-free coating process, in which dry powder is applied to coat substrates. In powder coating, binder and filler materials are not required to be in the liquid state. Mainly two types of powder polymers are used in powder coating: thermoset and thermoplastic polymers. The materials used in powder coatings are resins, additives, curing agents, extenders or fillers, and tint pigments.
The global powder coatings market to grow at a CAGR of 7.56% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global powder coatings market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of powder coatings to end-users such as appliances, automotive, architectural, furniture, general Industrial sectors, and others.
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The market is divided into the following segments based on geography:
- North America
- Eastern Europe
- Western Europe
Technavio's report, Global Powder Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Akzo Nobel
- Axalta Coating Systems
- PPG Industries
- Sherwin Williams
- The Valspar Corporation
Other prominent vendors
- Eastman Chemical
- Evonik Industries
- Nippon Paints
- Increased focus on application-specific powder coatings.
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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