Latest industry research report on Powder Coatings Market. The powder coatings market is driven by factors such as supporting environmental regulations, increasing demand for appliances, booming construction industry, increasing adoption of powder coatings over liquid coatings, and rapid economic growth in emerging countries. Powder coatings offers superior finish and durability, which leads to increased life of coated products. They are highly desirable from an ecological standpoint as they are manufactured and applied without the use of organic solvents. All these factors are expected to supplement the market. However, powder coatings are not compatible in thin layer coatings applications, which is a major restraint to the market.
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Powder coating is a dry finishing process in which fine particles of paint are electro statically charged and sprayed onto a work piece. Powder coatings possess various properties such as significant durability along with resistance to abrasion, corrosion, scratching, and chemicals. They meet various requirements of end-user industries such as unlimited color selection, high and low gloss, metallic and clear finishes, and texture choices such as rough textures, smooth surfaces, wrinkled, and matte finishes to hide surface imperfections. Powder coatings not only maximize production, but they also improve coating efficiency and cut coating costs, as over-sprayed powder coating can be retrieved and re-used as compared to liquid coatings.
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POWDER COATINGS MARKET KEY SEGMENTS:
By Resin Type
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