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Global Powder Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global Powder Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global Powder Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 30 Jun 2021
  • Report ID: CMFE 0053
  • Pages:189
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The Powder Coating market is anticipated to grow with a CAGR of 6.5% over the forecast period of 2019-2028. Powder coating is generally used as a dry finishing process on a wide array of products. These are used by various companies to make their products durable, efficient, and improve their quality. Also, powder coatings prove to be of great use for providing protection and enhance the aesthetics of the products. The powder coatings are a mixture of polymer resins, that are combined with other additives to devise an efficient coating. These are generally used to coat metallic and non-metallic surfaces including plastics and medium density fibers. The global powder coating market is widely driven by actors such as growing technological advancements, rising prevalence of automobiles, and increasing applications of medical devices. Furthermore, the rising applications of powder coating in the furniture sector are expected to fuel market growth.

Top Driver: Various applications of Powder Coatings in Medical Devices, Furniture and Automobiles to Drive the Market Extensively in the Forecast Period

The Powder Coatings are ideally used to protect the substrate since these coatings do not contain any solvents. These are fully dry solid coatings that provide anti-corrosive and anti-bacterial coatings due to which they are used in various medical equipment to reduce infection. Though their use is medical equipment is subjected to stringent government regulations considering the health risks due to the components used to prepare these coatings. Furthermore, their anti-corrosive properties have been drawing the attention of various furniture and automobile industries considering their useful application to protect the products from these industries. Also, powder coating is known to be easily removed from the human bodies which help the workers involved in the production of powder coatings to stay safe.

However, stringent government regulations and various fluctuations among costs for raw materials could be some factors that could hamper the market widely.

The Thermoset Segment was Observed to be Holding the Highest Market Share Owing to its Stability on the Substrate

Based on the type, the Powder Coating market is segmented into thermoset and thermoplastic. The thermoset occupied the largest share in the market owing to the lowe molecular weight coatings that are known to be thermally stable. Hence, these types of coatings serve a huge purpose in the decorative and functional sectors. These are durable due to which these are widely applicable in different industries. Furthermore, based on the coating technique the market is segmented into the fluidized bed, electrostatic spray, and others. On the basis of end-use, the market is segmented into automotive, appliances, furniture, general industrial, and others.

Asia Pacific to Occupy the Largest Share in the Market Owing to a Faster Growing Market in the Region

The Asia Pacific held the highest market share in the region due to larger establishments of electronics and automotive. The presence of larger manufacturing plants of these industries extensively fuels market growth in the future. The North American region is expected to witness a huge growth in the industry due to the presence of many key players in the regions. Europe accounts for the third-largest share in the powder coating industry.

Players to Focus on Establishing their Base in Various Regions

The global Powder Coating market is expected to grow with a significant CAGR due to presence of various companies including PPG Industries, Inc., The Sherwin-Williams Company, Akzo Nobel N.V., Axalta Coating Systems, LLC., Nippon Paint Holdings Co., Ltd., BASF SE, RPM International Inc., Jotun Group, Asian Paints Limited among others.

Akzo Nobel N.V.:  Akzo Nobel is known to be the major key player in the market and has established its foothold across 80 countries in almost all the regions. The company is known to have a huge base of loyal customers that further keeps its position strong in the market. Such established organizations could pose a threat for the new entrants into the market.

Scope of the Report

By Type

  • Thermoplastic
  • Thermoset

By Coating Technique

  • Fluidized Bed
  • Electrostatic Spray
  • Others

By End-User

  • Automotive
  • Appliances
  • Furniture
  • General Industrial
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Bare Copper Conductor Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Bare Copper Conductor Market -Industry Snapshots

6.1             Overview

6.1.1          Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Bare Copper Conductor Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Bare Copper Conductor Market- By Type

7.2.1          Bare Copper Conductor Market- Soft drawn

7.2.2          Bare Copper Conductor Market- Medium hard drawn

7.2.3          Bare Copper Conductor Market- Hard drawn

Chapter 8           Global Bare Copper Conductor Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Bare Copper Conductor Market- By Application

8.2.1          Bare Copper Conductor Market- Automotive

8.2.2          Bare Copper Conductor Market- Aerospace

8.2.3          Bare Copper Conductor Market- Energy Sectors

8.2.4          Bare Copper Conductor Market- Chemicals

8.2.5          Bare Copper Conductor Market- Electronics

8.2.6          Bare Copper Conductor Market- Others

Chapter 9           Bare Copper Conductor Market Analysis by Region

9.1             Key Findings for Bare Copper Conductor Market- By region

9.2             Overview

9.2.1          Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028

9.2.2          Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028

9.3             Bare Copper Conductor Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Application

9.4             Bare Copper Conductor Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Application

9.5             Bare Copper Conductor Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Application

9.6             Bare Copper Conductor Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Application

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Vimlesh Industries

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Republic Wire

11.3           Eastern Copper

11.4           IWG Copper

11.5           Ganpati Wires

11.6           Perfect Wire Industries

11.7           Chandra Group

11.8           Slimlites Electricals Pvt. Ltd

11.9           Eland Cables

11.10        Jalan Wires

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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