Report Feature
Speciality Powder Coating Market Trends and Forecast
The future of the global speciality powder coating market looks promising with opportunities in the consumer good, architectural, automotive, general industries, and furniture applications. The global speciality powder coating market is expected to reach an estimated $12.5 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are increasing application of powder coatings on non-residential sectors, and rising demand for low-cost, low VOC, customised, and multi-coloured coatings.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Speciality Powder Coating Market by Segment
The study includes a forecast for the global speciality powder coating market by resin type, application, and region, as follows:
Speciality Powder Coating Market by Resin Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Epoxy
- Polyester
- Epoxy-Polyester (Hybrid)
- Acrylic
- Polyurethane
- Others
Speciality Powder Coating Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Consumer Goods
- Architectural
- Automotive
- General Industries
- Furniture
- Others
Speciality Powder Coating Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Speciality Powder Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies speciality powder coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the speciality powder coating companies profiled in this report include.
Speciality Powder Coating Market Insights
- Lucintel forecast that polyester will remain the largest segment over the forecast period due because of its numerous capabilities, such as chemical resistance, resistance to heat, abrasion resistance, ability to dry quickly, and also helps in surface protection.
- Consumer good is expected to remain the largest segment due to the extensive use of solvent-free, flexible, environment conscious powder coating on consumer items supported by rapid urbanization and improved standard of living.
- APAC will remain the largest region due to increasing government investments in the construction projects and continuous infrastructural development is influencing the need for coatings in China and India.
Features of the Speciality Powder Coating Market
- Market Size Estimates: Speciality powder coating market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Speciality powder coating market size by various segments, such as by resin type, application, and region
- Regional Analysis: Speciality powder coating market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by resin type, application, and regions for the speciality powder coating market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the speciality powder coating market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the speciality powder coating market size?
Answer: The global speciality powder coating market is expected to reach an estimated $12.5 billion by 2028.
Q2. What is the growth forecast for speciality powder coating market?
Answer: The global speciality powder coating market is expected to grow with a CAGR of 6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the speciality powder coating market?
Answer: The major drivers for this market are increasing application of powder coatings on non-residential sectors, and rising demand for low-cost, low VOC, customised, and multi-coloured coatings.
Q4. What are the major segments for speciality powder coating market?
Answer: The future of the speciality powder coating market looks promising with opportunities in the consumer good, architectural, automotive, general industries, and furniture applications.
Q5. Who are the key speciality powder coating companies?
Answer: Some of the key speciality powder coating companies is as follows:
Answer: The global speciality powder coating market is expected to reach an estimated $12.5 billion by 2028.
Q2. What is the growth forecast for speciality powder coating market?
Answer: The global speciality powder coating market is expected to grow with a CAGR of 6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the speciality powder coating market?
Answer: The major drivers for this market are increasing application of powder coatings on non-residential sectors, and rising demand for low-cost, low VOC, customised, and multi-coloured coatings.
Q4. What are the major segments for speciality powder coating market?
Answer: The future of the speciality powder coating market looks promising with opportunities in the consumer good, architectural, automotive, general industries, and furniture applications.
Q5. Who are the key speciality powder coating companies?
Answer: Some of the key speciality powder coating companies is as follows:
- Akzo Nobel
- Sherwin-Williams
- PPG
- BASF SE
- DSM
Q6. Which speciality powder coating segment will be the largest in future?
Answer: Lucintel forecast that polyester will remain the largest segment over the forecast period because of its numerous capabilities, such as chemical resistance, resistance to heat, abrasion resistance, ability to dry quickly, and also helps in surface protection.
Q7. In speciality powder coating market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to increasing government investments in the construction projects and continuous infrastructural development is influencing the need for coatings in China and India.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecast that polyester will remain the largest segment over the forecast period because of its numerous capabilities, such as chemical resistance, resistance to heat, abrasion resistance, ability to dry quickly, and also helps in surface protection.
Q7. In speciality powder coating market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to increasing government investments in the construction projects and continuous infrastructural development is influencing the need for coatings in China and India.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
