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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.
Speciality Powder Coating Market by Resin Type, and Application
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 Segments

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:
  • 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.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the speciality powder coating market by resin type (epoxy, polyester, epoxy-polyester, acrylic, polyurethane, and others), application (consumer goods, architectural, automotive, general industries, furniture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
 
For any questions related to speciality powder coating market or related to speciality powder coating companies, speciality powder coating market size, speciality powder coating market share, speciality powder coating analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Speciality Powder Coating Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Speciality Powder Coating Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Speciality Powder Coating Market by Resin Type
3.3.1: Epoxy   
3.3.2: Polyester   
3.3.3: Epoxy-Polyester (Hybrid)   
3.3.4: Acrylic   
3.3.5: Polyurethane   
3.3.6: Others   
3.4: Global Speciality Powder Coating Market by Application
3.4.1: Consumer Goods   
3.4.2: Architectural   
3.4.3: Automotive   
3.4.4: General Industries   
3.4.5: Furniture   
3.4.6: Others   
 
4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Speciality Powder Coating Market by Region
4.2: North American Speciality Powder Coating Market
4.2.1: North American Speciality Powder Coating Market by Resin Type: Epoxy, Polyester, Epoxy-Polyester, Acrylic, Polyurethane, and Others
4.2.2: North American Speciality Powder Coating Market by Application: Consumer Goods, Architectural, Automotive, General Industries, Furniture, and Others
4.3: European Speciality Powder Coating Market 
4.3.1: European Speciality Powder Coating Market by Resin Type: Epoxy, Polyester, Epoxy-Polyester, Acrylic, Polyurethane, and Others
4.3.2: European Speciality Powder Coating Market by Application: Consumer Goods, Architectural, Automotive, General Industries, Furniture, and Others
4.4: APAC Speciality Powder Coating Market 
4.4.1: APAC Speciality Powder Coating Market by Resin Type: Epoxy, Polyester, Epoxy-Polyester, Acrylic, Polyurethane, and Others
4.4.2: APAC Speciality Powder Coating Market by Application: Consumer Goods, Architectural, Automotive, General Industries, Furniture, and Others
4.5: ROW Speciality Powder Coating Market 
4.5.1: ROW Speciality Powder Coating Market by Resin Type: Epoxy, Polyester, Epoxy-Polyester, Acrylic, Polyurethane, and Others
4.5.2: ROW Speciality Powder Coating Market by Application: Consumer Goods, Architectural, Automotive, General Industries, Furniture, and Others  
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Speciality Powder Coating Market by Resin Type
6.1.2: Growth Opportunities for the Speciality Powder Coating Market by Application
6.1.3: Growth Opportunities for the Speciality Powder Coating Market Region  
6.2: Emerging Trends in the Global Speciality Powder Coating Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Speciality Powder Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Speciality Powder Coating Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Akzo Nobel   
7.2: Sherwin-Williams   
7.3: PPG   
7.4: BASF SE   
7.5: DSM   
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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