Powder Coating Market Analysis and Research Report, 2016 to 2024

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Your Catalyst to a Lucrative Business Powder
Coating Market Size, Share, Analysis, Industry
Outlook and Forecast to 2024 Hexa Research
Powder coating market is expected to grow at a
significant pace from 2016 to 2024 due to its
application versatility and market innovations
The global Powder Coating Market is expected to
grow at a healthy CAGR of over 7 over the
forecast period (from 2016 to 2024). Strong
automobile production outlook in Brazil, China,
Germany, and Malaysia is anticipated to drive the
global market across various applications such as
door handles, rims etc. Steady raw materials
supply is said to result in a stable price trend
during the next few years. The global market
is categorized as applications and regions.
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The application sector includes architecture,
automotive, industrial, consumer goods, and
furniture. The consumer goods sector dominated
the global market in 2015 occupying over 23 of
the total revenue. This is mainly because
coatings provide a supple, consistent finish that
resists cracking and/or peeling. In addition to
this, the rising demands for domestic appliances
such as freezer cabinets, microwave ovens,
washing machines etc., are also projected to
augment the market growth. The automotive sector
is also expected to witness a rapid growth with a
CAGR of over 8 during the estimated years.
Shelving systems, outdoor metal furniture, metal
cabinets etc. are several other lucrative
applications with a revenue forecast of over USD
3 billion by 2024. The advent of Medium Density
Fiber Board (MDF) has strengthened the wood
furniture application scope over the few years.
Regionally, North America dominated the global
powder coating market with revenue of USD 2
billion. However, the region may lose its share
as a result of a long-time presence and awareness
of liquid coatings intended for the architectural
applications in the United States. The European
regional market is expected to gain a share of
over 890 kilo tons by 2024. The major factor
driving the European market is the
growing production of automobiles in Hungary,
Germany, Romania, United Kingdom, and Austria
with the production base of automobile
manufacturers such as Chevrolet, Lincoln,
Daimler-Chrysler, Dodge, and Mercedes-Benz. The
APAC region is also anticipated to witness huge
growth on account of rapid growth across various
sectors such as consumer goods, infrastructure,
and automotive. The Middle East Africa and
Latin America regions are comparatively immature
markets however, they may provide lucrative
opportunities for the market players during the
next few years.
Some of the major companies in the global powder
coating market are PPG Industries Axalta
Coating Systems and Akzo Nobel N.
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Table of Content of Powder Coating Market
Chapter 1 Methodology Scope 1.1 Research
Methodology
1.1.1 Initial data exploration 1.1.2 Statistical
modeling and forecast 1.1.3 Industry insights and
validation 1.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Powder coatings market snapshot, 2016 - 2024
Chapter 3 Powder Coatings Industry Insights 3.1
Market segmentation
3.2 Industry size and growth prospects 3.3 Powder
coating value chain analysis 3.4 Industry dynamics
3.4.1 Growth drivers
3.4.1.1 Rapid industrialization in BRICS
nation 3.4.1.2 Favorable regulatory norms 3.4.1.3
Strong automotive production indicators 3.4.2
Industry pitfalls challenges 3.4.2.1
Restrictive application scope 3.5 Porters
3.6 Company market share analysis, 2016 3.7
PESTEL Analysis
Chapter 4 Powder Coatings Application Insights
4.1 Powder coatings market volume share by
application, 2016 2024 4.2 Consumer Goods
4.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.2.2 Market estimates
and forecast by region, 2016 2024 (Kilo Tons)
(USD Million) 4.3 Architectural
4.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.3.2 Market estimates
and forecast by region, 2016 - 2024 (Kilo Tons)
(USD Million) 4.4 Automotive
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4.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.4.2 Market estimates
and forecast by region, 2016 - 2024 (Kilo Tons)
(USD Million) 4.5 General Industries
4.5.1 Market estimates and forecast, 2016 - 2024
(kilo Tons) (USD Million) 4.5.2 Market estimates
and forecast by region, 2016 - 2024 (kilo Tons)
(USD Million) 4.6 Furniture
4.6.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.6.2 Market estimates
and forecast by region, 2016 - 2024 (Kilo Tons)
(USD Million) 4.7 Others
4.7.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.7.2 Market estimates
and forecast by region, 2016 - 2024 (Kilo Tons)
(USD Million)
Chapter 5 Powder Coatings Regional Insights
5.1 Powder coatings market volume share by
region, 2016 2024 5.2 North America
5.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.2.2 Market estimates
and forecast by application, 2016 2024 (Kilo
Tons) (USD Million) 5.3 Europe
5.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.3.2 Market estimates
and forecast by application, 2016 2024 (Kilo
Tons) (USD Million) 5.4 Asia Pacific
5.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.4.2 Market estimates
and forecast by application, 2016 2024 (Kilo
Tons) (USD Million) 5.5 Latin America
5.5.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.5.2 Market estimates
and forecast by application, 2016 2024 (Kilo
Tons) (USD Million) 5.6 Middle East Africa (MEA)
5.6.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.6.2 Market estimates
and forecast by application, 2016 2024 (Kilo
Tons) (USD Million)
Chapter 6 Competitive Insights 6.1 AkzoNobel
6.2 PPG Industries 6.3 Sherwin-Williams 6.4 DuPont
6.5 BASF
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6.6 The Valspar Corporation 6.7 Nippon Paint
Co 6.8 Kansai Paint Co Ltd 6.9 Jotun A/S
6.10 Eastman Chemical Company 6.11 DIC
Corporation 6.12 Royal DSM
6.13 Arkema
6.14 Bayer MaterialScience 6.15 Evonik Industries
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