Market Overview:
The global thermosetted powder coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for powder coatings from various end-use industries, such as shipbuilding, pipe industry, and auto industry. In addition, the growing demand for environmentally friendly coatings is also contributing to the growth of this market. Based on type, the global thermosetted powder coating market can be segmented into epoxy powder coating, polyester powder coating, and acrylic powder coating. Epoxy powders are widely used in automotive applications owing to their excellent corrosion resistance and durability properties. Polyester powders are mainly used in industrial applications due to their high impact resistance and chemical resistance properties.
Product Definition:
Thermoset powder coatings are a type of coating that is applied to metal parts to protect them from corrosion and wear. Thermoset powder coatings are important because they provide a durable, corrosion-resistant finish that can be applied in a variety of colors.
Epoxy Powder Coating:
Epoxy powder coating is a thermosetting polymer, which contains an epoxide group. Epoxies are polymeric materials that crystallize in an orthorhombic structure with three main axes (x, y, z). They have high heat resistance and low thermal expansion.
Polyester Powder Coating:
Polyester powder coating is a thermoplastic process used for manufacturing paints, coatings, and varnishes. The product has high resistance to solvents, acids & bases and heat. It offers excellent abrasion resistance and flexing properties which makes it suitable for use in food packaging applications such as trays & containers.
Application Insights:
The other application segment includes construction industry, consumer goods industry and others. The demand for the product in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to its increasing use in manufacturing children¢â‚¬â„¢s toys, sporting equipment and kitchenware among other products.
Thermosetted powder coatings are used for corrosion resistance in the pipe industry as they provide protection against acid mine drainage, sulfuric acid and hydrofluoric acid. They are also used for protection against harsh environments such as high humidity, temperature changes and atmospheric agents that may cause damage or deterioration of the underlying metal surface due to chemical reactions with it over an extended period of time.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for thermoset powder coating in the automotive, industrial machinery and construction industries. The growing shipbuilding industry in China, India and Japan is also likely to boost product demand over the forecast period. Europe was estimated as the second-largest market for thermosetted powder coatings in 2017 due to high shipbuilding activities in Germany, Italy and Spain coupled with increased spending on infrastructure development by governments of various countries including Russia, France and U.K.
Growth Factors:
- Increasing demand from automotive and aerospace industries
- Growing popularity of powder coating among consumers for its durability and aesthetic appeal
- Rising awareness about the benefits of powder coating over traditional liquid coatings
- Technological advancements that have made powder coating more efficient and economical
- Growing number of small-scale businesses entering the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermosetted Powder Coating Market Research Report
By Type
Epoxy Powder Coating, Polyester Powder Coating, Acrylic Powder Coating
By Application
Shipbuilding Industry, Pipe Industry, Auto Industry, Other
By Companies
AkzoNobel, Axalta, Nippon, PPG, Sherwin Williams, Jotun, Huacai, Wanan, Tiger coatings
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Thermosetted Powder Coating Market Report Segments:
The global Thermosetted Powder Coating market is segmented on the basis of:
Types
Epoxy Powder Coating, Polyester Powder Coating, Acrylic Powder Coating
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
Shipbuilding Industry, Pipe Industry, Auto Industry, Other
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:
- AkzoNobel
- Axalta
- Nippon
- PPG
- Sherwin Williams
- Jotun
- Huacai
- Wanan
- Tiger coatings
Highlights of The Thermosetted Powder 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:
- Epoxy Powder Coating
- Polyester Powder Coating
- Acrylic Powder Coating
- By Application:
- Shipbuilding Industry
- Pipe Industry
- Auto Industry
- Other
- 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 Thermosetted Powder 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
- Identifying Appropriate Advertising Appeals
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?
Thermosetted powder coating is a type of powder coating that uses heat and pressure to create a durable finish on metal surfaces. The process creates a hard, smooth surface that can be painted or stained.
Some of the major companies in the thermosetted powder coating market are AkzoNobel, Axalta, Nippon, PPG, Sherwin Williams, Jotun, Huacai, Wanan, Tiger coatings.
The thermosetted powder coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermosetted Powder 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 Thermosetted Powder Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermosetted Powder 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 Thermosetted Powder 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 Thermosetted Powder Coating Market Size & Forecast, 2020-2028
4.5.1 Thermosetted Powder Coating Market Size and Y-o-Y Growth
4.5.2 Thermosetted Powder 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 Epoxy Powder Coating
5.2.2 Polyester Powder Coating
5.2.3 Acrylic Powder Coating
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 Shipbuilding Industry
6.2.2 Pipe Industry
6.2.3 Auto Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermosetted Powder 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 Thermosetted Powder 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 Epoxy Powder Coating
9.6.2 Polyester Powder Coating
9.6.3 Acrylic Powder Coating
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 Shipbuilding Industry
9.10.2 Pipe Industry
9.10.3 Auto Industry
9.10.4 Other
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 Epoxy Powder Coating
10.6.2 Polyester Powder Coating
10.6.3 Acrylic Powder Coating
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 Shipbuilding Industry
10.10.2 Pipe Industry
10.10.3 Auto Industry
10.10.4 Other
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 Epoxy Powder Coating
11.6.2 Polyester Powder Coating
11.6.3 Acrylic Powder Coating
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 Shipbuilding Industry
11.10.2 Pipe Industry
11.10.3 Auto Industry
11.10.4 Other
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 Epoxy Powder Coating
12.6.2 Polyester Powder Coating
12.6.3 Acrylic Powder Coating
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 Shipbuilding Industry
12.10.2 Pipe Industry
12.10.3 Auto Industry
12.10.4 Other
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 Epoxy Powder Coating
13.6.2 Polyester Powder Coating
13.6.3 Acrylic Powder Coating
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 Shipbuilding Industry
13.10.2 Pipe Industry
13.10.3 Auto Industry
13.10.4 Other
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 Thermosetted Powder Coating Market: Competitive Dashboard
14.2 Global Thermosetted Powder Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Axalta
14.3.3 Nippon
14.3.4 PPG
14.3.5 Sherwin Williams
14.3.6 Jotun
14.3.7 Huacai
14.3.8 Wanan
14.3.9 Tiger coatings
