Market Overview:
The global powder decorative coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for powder decorative coatings from residential and commercial applications. In terms of type, the acrylic segment is expected to lead the market during the forecast period, followed by alkyd, vinyl, polyurethane and others segments. In terms of application, residential segment is expected to lead the market during the forecast period followed by commercial application.
Product Definition:
A powder decorative coating is a type of coating that is applied to a surface in the form of a dry powder. It is usually used to add color and protection to metal surfaces.
Acrylic:
Acrylic is a type of polymer, which is derived from the esterification of alkanes with acrylonitrile. It has a wide range of applications in various industries such as construction, automotive and packaging. Acrylic resins are used to manufacture plastics and composites that have high durability along with excellent resistance to solvents, acids & bases and heat.
Alkyd:
Alkyd is a powder coating technology that utilizes epoxy resin as the raw material. It has been used for many years and was developed to overcome some of the limitations of other technologies such as polyurethane and acrylic.
Application Insights:
The residential application segment accounted for the largest share of more than 60.0% in 2017. Rising demand for powder decorative coatings from consumers, particularly in North America and Europe, on account of increasing spending power coupled with growing urbanization is expected to drive the market over the forecast period.
Increasing infrastructural development activities across key economies including China, India and Australia are likely to support growth of construction industries which would subsequently boost product demand over the forecast period. In addition, rising disposable income levels coupled with improved economic conditions in emerging markets such as Brazil and Mexico are anticipated to augment industry expansion over the next eight years.
Commercial applications include shopping malls/expositions/events etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is mainly driven by rising demand from developing countries such as China, India, Indonesia, Vietnam and Thailand. In addition, rapid urbanization coupled with increasing disposable income will drive the regional product demand further.
The growing tourism sector in these countries has led to an increase in hotel construction projects which will fuel product consumption further. Moreover, rising investments from foreign players for setting up manufacturing facilities are anticipated to provide a boost to industry expansion over the next eight years.
North America was valued at USD X million in 2017 owing to high consumer awareness along with increased spending on home decorative products across U.S., Canada and Mexico cities that resulted into higher sales volume of powder decorative coatings used for interior & exterior applications including wood furniture finishing; wall covering; flooring; metal surface treatment etc.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of powder coating among consumers for its durability and aesthetic appeal
- Technological advancements in powder coating equipment that offer better performance and efficiency
- Rising awareness about the benefits of powder coating over traditional coatings methods
- Government initiatives to promote use of powder coatings in various sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Powder Decorative Coating Market Research Report
By Type
Acrylic, Alkyd, Vinyl, Polyurethane, Others
By Application
Residential, Commercial
By Companies
PPG Industries, Akzo Nobel NV, Sherwin-Williams Company, Kansai Paints, Asian Paints Limited, Nippon Paint Holdings, BASF SE, Masco Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Powder Decorative Coating Market Report Segments:
The global Powder Decorative Coating market is segmented on the basis of:
Types
Acrylic, Alkyd, Vinyl, Polyurethane, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- Akzo Nobel NV
- Sherwin-Williams Company
- Kansai Paints
- Asian Paints Limited
- Nippon Paint Holdings
- BASF SE
- Masco Corporation
Highlights of The Powder Decorative Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic
- Alkyd
- Vinyl
- Polyurethane
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Powder Decorative Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Powder decorative coating is a type of paint that is made up of tiny particles that are suspended in a liquid. The particles are so small that they can be sprayed or brushed onto surfaces and then easily wiped away. Powder decorative coatings come in many different colors and can be used to add a variety of textures, patterns, and designs to objects.
Some of the key players operating in the powder decorative coating market are PPG Industries, Akzo Nobel NV, Sherwin-Williams Company, Kansai Paints, Asian Paints Limited, Nippon Paint Holdings, BASF SE, Masco Corporation.
The powder decorative coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Powder Decorative Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Powder Decorative Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Powder Decorative Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Powder Decorative Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Powder Decorative Coating Market Size & Forecast, 2020-2028
4.5.1 Powder Decorative Coating Market Size and Y-o-Y Growth
4.5.2 Powder Decorative Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Acrylic
5.2.2 Alkyd
5.2.3 Vinyl
5.2.4 Polyurethane
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powder Decorative Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Powder Decorative Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Acrylic
9.6.2 Alkyd
9.6.3 Vinyl
9.6.4 Polyurethane
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Acrylic
10.6.2 Alkyd
10.6.3 Vinyl
10.6.4 Polyurethane
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Acrylic
11.6.2 Alkyd
11.6.3 Vinyl
11.6.4 Polyurethane
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Acrylic
12.6.2 Alkyd
12.6.3 Vinyl
12.6.4 Polyurethane
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Acrylic
13.6.2 Alkyd
13.6.3 Vinyl
13.6.4 Polyurethane
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Powder Decorative Coating Market: Competitive Dashboard
14.2 Global Powder Decorative Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 Akzo Nobel NV
14.3.3 Sherwin-Williams Company
14.3.4 Kansai Paints
14.3.5 Asian Paints Limited
14.3.6 Nippon Paint Holdings
14.3.7 BASF SE
14.3.8 Masco Corporation
