San Francisco, 15 June 2020 — “Powder Coatings Market Analysis By Regions (North America,
Europe, Asia-Pacific, Latin America and Africa), Product, By Application And
Segment Forecasts To 2027”
Global Powder Coatings Market is
likely to gain a significant CAGR in the forthcoming period. The powder coating
process is much identical to the painting process with the only difference
that, the paint material used as powder coating is dry than liquid. The powder
attaches to the parts due to electrostatic charge and grounding. However,
several advantages such as reuse and durability are achieved with these whereas
the downsides demand less levelling, i.e. needs more peel and curing needs more
energy.
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The powder coatings market is
driven by market expansion of construction sector and real estate. The need for
aftermarket service in the construction domain is highly prevalent. Jobs like
wall painting, house renovation, and furniture maintenance are likely to result
in high use of powder coatings to fulfill these jobs. Apart from the
residential space, powder coatings find industrial use in the manufacture and
packaging sector. Powder coatings are used in industries to enhance the product
features and give a finer finish.
Geographical segmentation for
powder coating market includes North America, South America, Europe,
Asia-Pacific, Middle East and Africa. Asia-Pacific’s powder coatings industry
is likely to gain a significant CAGR in the forthcoming period due to the
presence of manufacturing sector and broader use of powder coating for varied
applications. Rise in demand, increasing use in industries and rise in rate of
manufacture are likely to propel the APAC market growth.
This report studies the global Powder Coatings market status and
forecast, categorizes the global Powder
Coatings market size (value & volume) by manufacturers, type,
application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South
Korea and Taiwan and other regions.
This research report offers a
comprehensive analysis of key elements of the Powder Coatings Market such as potential top key Manufacturers
along with their strengths and weaknesses. The Powder Coatings Market report also comprises some useful strategies
and scenario for the new players in the market. While forecasting the growth of
the global Powder Coatings market,
various statistical tools were utilized to get an accurate result of the
Demographic data.
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