Global Metallic Powder Coatings Market By Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Others), Process Type (Bonding/Bonded, Blending, Extrusion), Pigment Type (Aluminum, Mica, Others), End User (Architectural, Automotive, Appliances, Furniture, Sports Goods and Fitness Equipment, Lighting, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Metallic Powder Coatings Market
Metallic powder coatings market will reach an estimated valuation of USD 6,242.17 million by 2028, while registering this growth at a rate of 7.50% for the forecast period of 2021 to 2028. Data Bridge Market Research report on metallic powder coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Metallic powder coating usually covers powder coatings which have aluminum pigments, mica pigment and others. The metallic powder coating finishes are similar to solid tone finishes, along with the metal flake added for sheen and sparkle.
The rise in the production of automobiles and rise in demand for medical devices are expected to augment market growth in the forecast period of 2021 to 2028. The promising applications in shipbuilding and pipeline industries, strong outlook in the furniture industry, strict government regulations, rising focus on VOC emissions reduction, high demand for metallic pigments from architectural and automotive industries and lower application cost as compared to liquid coatings are also expected to be as the major factors leading to the growth of the metallic powder coatings market. The major factor accountable for the growth of the market is the large organized and unorganized aftermarkets for wheels.
- In addition, the high demand for metallic powder coatings for coil coating applications along with the high demand for high-performance fluorine resin-based powder coating and continuous advances in the metallic powder coatings are projected to create lucrative opportunities in the above mentioned forecast period.
However, the metallic liquid coatings being major substitute for metallic powder coatings and requirement of storage of metallic at a particular temperature are expected to act as major restraining factors towards the growth of the metallic powder coatings market, whereas advanced energy consumption and volatile resin prices can challenge to the market growth over the forecast period.
This metallic powder coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on metallic powder coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Metallic Powder Coatings Market Scope and Market Size
Metallic powder coatings market is segmented on the basis of resin type, process type, pigment type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of resin type, the metallic powder coatings market is segmented into polyester, hybrid, epoxy, polyurethane and others.
- Based on process type, the metallic powder coatings market is segmented into bonding/bonded, blending and extrusion.
- On the basis of pigment type, the metallic powder coatings market is segmented into aluminum, mica and others.
The end user segment for metallic powder coatings market includes architectural, automotive, appliances, furniture, sports goods and fitness equipment, lighting and others.
Metallic Powder Coatings Market Country Level Analysis
Metallic powder coatings market is analyzed and market size, volume information is provided by country, resin type, process type, pigment type and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the metallic powder coatings market due to the favorable government regulations and rise in the construction industry of emerging economies such as South Korea, India, Japan, Malaysia, China and Indonesia. Europe is expected to expand at significant rate over the forecast period of 2021 to 2028 due to the rise in the usage in the automotive industry, mainly in Germany.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metallic Powder Coatings Market Share Analysis
Metallic powder coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to metallic powder coatings market.
The major players covered in the metallic powder coatings market report are PPG Industries, Inc., Asian Paints, 3M, Primatek Coatings OÜ, Emil Frei Gmbh & Co. KG, The Sherwin-Williams Company, Jotun, KCC Corporation, Kansai Paint Co. Ltd, Hentzen Coatings, Inc., IGP Pulvertechnik AG, Duluxgroup Ltd., Tiger Coatings Gmbh & Co. KG, SOMAR, Protech Metallic powder coatings Inc., IFS Coatings, Nippon Paints Holdings Co., Ltd., Anhui Meijia New Material Co., Ltd, Neokem, Berger Paints India, Cloverdale Paint Inc., and Axalta Coating Systems among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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