Global Thermosetting Powder Coating Market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The market is driven by factors such as increasing demand for powder coating in various industries and growing automotive industry across the globe.
Epoxy Powder Coating segment accounted for the largest share of the global market in 2018, followed by Polyester Powder Coating and Acrylic Powder Coating segments respectively. Epoxy Powder Coatings are widely used in shipbuilding industry due to their excellent corrosion resistance properties and high durability against abrasion, impact, chemical attack and weathering conditions. Polyester powder coatings are mainly used for pipe industry due to their excellent adhesion properties on metal surfaces with low surface energy such as aluminum or stainless steel pipes which are prone to corrosion or oxidation when exposed to air or water vapor over time. Acrylic powder coatings are mainly used for automotive industry due to their excellent gloss finish with good scratch resistance properties which provide protection against scratches caused by stones or other sharp objects that may come into contact with car body paintwork over time.
Some Of The Growth Factors Of This Market:
- The major drivers for the growth of this market are increasing demand for powder coating in various industries such as automotive, construction, and furniture & fixtures due to its durability and aesthetic appeal.
- Increasing demand from emerging economies such as China and India is also driving the growth of this market due to their rapid industrialization process which has led to an increase in production activities across various sectors including construction, automotive, and furniture & fixtures industry which has increased the demand for powder coating products in these regions.
- The major restraints for this market are high cost associated with powder coating application process which limits its use in low-cost applications such as plastic injection molding or metal stamping.
- Lack of awareness about benefits offered by powder coatings among end users.
Industry Growth Insights published a new data on “Thermosetting Powder Coating Market”. The research report is titled “Thermosetting Powder Coating Market research by Types (Epoxy Powder Coating, Polyester Powder Coating, Acrylic Powder Coating), By Applications (Shipbuilding Industry, Pipe Industry, Auto Industry, Other), By Players/Companies AkzoNobel, Axalta, Nippon, PPG, Sherwin Williams, Jotun, Huacai, Wanan, Tiger coatings”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermosetting 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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Thermosetting Powder Coating Market Report Segments:
The global Thermosetting 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 Thermosetting 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 Thermosetting 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?
Thermosetting powder coating is a type of paint that hardens when it comes in contact with air and other elements. This means that the paint will not chip, crack, or peel like traditional paints do.
Some of the major companies in the thermosetting powder coating market are AkzoNobel, Axalta, Nippon, PPG, Sherwin Williams, Jotun, Huacai, Wanan, Tiger coatings.
The thermosetting powder coating market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermosetting Powder Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermosetting Powder Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermosetting Powder Coating Market - Supply Chain
4.5. Global Thermosetting Powder Coating Market Forecast
4.5.1. Thermosetting Powder Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermosetting Powder Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermosetting Powder Coating Market Absolute $ Opportunity
5. Global Thermosetting Powder Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermosetting Powder Coating Market Size and Volume Forecast by Type
5.3.1. Epoxy Powder Coating
5.3.2. Polyester Powder Coating
5.3.3. Acrylic Powder Coating
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermosetting Powder Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermosetting Powder Coating Market Size and Volume Forecast by Application
6.3.1. Shipbuilding Industry
6.3.2. Pipe Industry
6.3.3. Auto Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermosetting Powder Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermosetting Powder Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermosetting Powder Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermosetting Powder Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermosetting Powder Coating Demand Share Forecast, 2019-2026
9. North America Thermosetting Powder Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermosetting Powder Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermosetting Powder Coating Market Size and Volume Forecast by Application
9.4.1. Shipbuilding Industry
9.4.2. Pipe Industry
9.4.3. Auto Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermosetting Powder Coating Market Size and Volume Forecast by Type
9.7.1. Epoxy Powder Coating
9.7.2. Polyester Powder Coating
9.7.3. Acrylic Powder Coating
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermosetting Powder Coating Demand Share Forecast, 2019-2026
10. Latin America Thermosetting Powder Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermosetting Powder Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermosetting Powder Coating Market Size and Volume Forecast by Application
10.4.1. Shipbuilding Industry
10.4.2. Pipe Industry
10.4.3. Auto Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermosetting Powder Coating Market Size and Volume Forecast by Type
10.7.1. Epoxy Powder Coating
10.7.2. Polyester Powder Coating
10.7.3. Acrylic Powder Coating
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermosetting Powder Coating Demand Share Forecast, 2019-2026
11. Europe Thermosetting Powder Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermosetting Powder Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermosetting Powder Coating Market Size and Volume Forecast by Application
11.4.1. Shipbuilding Industry
11.4.2. Pipe Industry
11.4.3. Auto Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermosetting Powder Coating Market Size and Volume Forecast by Type
11.7.1. Epoxy Powder Coating
11.7.2. Polyester Powder Coating
11.7.3. Acrylic Powder Coating
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermosetting Powder Coating Demand Share, 2019-2026
12. Asia Pacific Thermosetting Powder Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermosetting Powder Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermosetting Powder Coating Market Size and Volume Forecast by Application
12.4.1. Shipbuilding Industry
12.4.2. Pipe Industry
12.4.3. Auto Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermosetting Powder Coating Market Size and Volume Forecast by Type
12.7.1. Epoxy Powder Coating
12.7.2. Polyester Powder Coating
12.7.3. Acrylic Powder Coating
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermosetting Powder Coating Demand Share, 2019-2026
13. Middle East & Africa Thermosetting Powder Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermosetting Powder Coating Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermosetting Powder Coating Market Size and Volume Forecast by Application
13.4.1. Shipbuilding Industry
13.4.2. Pipe Industry
13.4.3. Auto Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermosetting Powder Coating Market Size and Volume Forecast by Type
13.7.1. Epoxy Powder Coating
13.7.2. Polyester Powder Coating
13.7.3. Acrylic Powder Coating
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermosetting Powder Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermosetting Powder Coating Market: Market Share Analysis
14.2. Thermosetting Powder Coating Distributors and Customers
14.3. Thermosetting Powder Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Axalta
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PPG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sherwin Williams
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jotun
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huacai
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wanan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tiger coatings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
