The Powder Coatings Market is projected to reach USD 13.49 billion by 2022, at a CAGR of 6.75% from 2017 to 2022. The market is mainly driven by factors such as stringent government regulations, growth in various end-use industries, and technological advancements.
Browse 255 market data tables and 69 figures spread through 233 pages and in-depth TOC on "Powder Coatings Market”.
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Expansion is the key strategy adopted by industry players to grow in the powder coatings market. This strategy accounted for a share of 34.7%, between 2013 and 2017, of all the growth strategies adopted by the market players. Companies are expanding their manufacturing facilities in emerging regions across the world due to the rising demand for powder coatings.
Besides expansion, companies are also investing in the strategy of new product launches by expanding their product portfolios to fulfill the growing demand of consumers. This strategy accounted for a share of 30.6% of all the developments witnessed between 2013 and 2017. Companies also focused on acquisitions and partnerships during the last four years. These strategies together accounted for a share of about 35% all the strategic developments.
North America was the most active region from 2013 and 2017, in terms of strategic initiatives. New product launch has been the preferred strategy in this region. Companies, such as AkzoNobel N.V. (Netherlands), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), Jotun A/S (Norway), and The Valspar Corporation (U.S.) launched several new products in the region to increase their portfolio of powder coating products.
Major manufacturers, such as AkzoNobel N.V. (Netherlands), Asian Paints Limited (India), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Jotun A/S (Norway), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), and Somar Corporation (Japan), are profiled in this report. These companies have adopted both, organic and inorganic growth strategies.
Axalta Coating Systems is the most active player in the powder coatings market. It accounted for the largest share of all the developmental activities undertaken in the powder coatings market.
In April 2016, Axalta expanded its powder coatings manufacturing facility in Montbrison, France, to substantially improve its manufacturing capabilities. The Montbrison site is one of the largest facilities for the production of Alesta, one of Axalta’s leading powder coating brands. In December 2016, the company introduced two new high temperature, corrosion-resistant internal pipe coatings, Nap-Gard 7-0017HT and 7-0017VHT black beauty FBE (fusion bonded epoxy) thermosetting epoxy powders to its existing portfolio of Nap-Gard functional coatings. These products offer excellent chemical resistance when operating at temperatures up to 200oC (392oF).
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Another company that has established a strong foothold in the powder coatings market is AkzoNobel N.V. (Netherlands). The company expanded its powder coatings facility in Chengdu, Western China, in January 2017. The new site will help the company meet the growing demand for powder products from its customers, which include the automotive, construction, furniture, and IT industries. In March 2015, AkzoNobel launched an ultra-reflective powder coating which can increase the effective output of commercial lighting fixtures by up to 30 percent. The key features of the product include excellent impact resistance and flexibility, as well as good corrosion and UV resistance.
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1. Control the particle size distribution of the powder, the narrower the better:
Reasonably controlling the particle size of the powder (difficult to control), in our actual production, we only have to adjust the speed of the ACM main and auxiliary mills. It is important that the particle size of the powder is 40-50UM, and the narrower the distribution, the better.
Second, increase the resin content:
Increase the amount of resin and reduce the amount of filler. Use a resin with good charging performance. Epoxy is better for powdering. Some manufacturers do not powder polyester, and some manufacturers have difficulty in powdering the polyester (epoxy and polyester are ground separately. Powder spray plate), the leveling of the friction spray gun is significantly better than that of the electrostatic gun, and the friction gun can spray a thicker coating, the coating does not have the disadvantages of high-pressure guns such as blooming orange peel.
3. Reasonable selection of fillers:
Filler fineness and dispersion are closely related to powdering. The powder on the precipitate is higher than the general ultra-fine heavy barium, and the barium sulfate is better than the calcium carbonate.
Fourth, increase charging assistant:
Add an appropriate amount of conductive additive to the formula (Mechanism of action: make the powder particles more charged. There is a strong electric field in the area from the high-voltage electrostatic spray gun to the workpiece, and the air is ionized to generate hundreds of millions of ions. The powder particles of the electric agent are polarized when passing through this area, and they can capture more negative ions and carry more electric charges. For the dead corner of the groove and other parts, the power line is weak due to the Faraday effect. The powder particles can reach the surface of the workpiece by their own power, thereby improving the powder coating on these parts.
Analyze the main composition and performance characteristics of powder coatings: what are the main types of electrostatic powders, including resins, pigments, curing agents, auxiliaries, etc. electrostatic wind powder coatings are divided into two categories, namely thermosetting coatings and thermoplastics Coatings, thermosetting coatings refer to thermosetting resins as film-forming materials, and infusible hard coatings are added; thermoplastic coatings are simple to process and spray. Thermoplastic coatings need only be heated to melt, level, cool or extract to solidify into a film. That is, no complicated curing device is needed, and the coating is non-toxic, non-toxic, and solvent-free, so no problems such as poisoning, fire, and waste generation occur, which fully meets the requirements of national environmental protection laws.
Electrostatic spraying powder can save energy. Because powder coatings have no volatilization of organic substances, waste is avoided, and the term electrostatic spraying powder spraying can get a thick film without the need for a primer; use electrostatic spraying The powder has significant economic benefits, high coating utilization efficiency, and automation, saving human resources, high coating utilization, and no need to use organic solvents, which also reduces environmental pollution.
The Powder Coatings Market is projected to reach USD 13.49 Billion by 2022, at a CAGR of 6.75% from 2017 to 2022. In this study, 2016 has been considered as the base year for estimating the market size. The market is mainly driven by factors such as stringent government regulations, growth in various end-use industries, and technological advancements.
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Browse 255 market data tables and 69 figures spread through 233 pages and in-depth TOC on "Powder Coatings Market by Resin Type (Thermoset, Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture), and Region - Global Forecast to 2022".
Expansion is the key strategy adopted by industry players to grow in the powder coatings market. This strategy accounted for a share of 34.7%, between 2013 and 2017, of all the growth strategies adopted by the market players. Companies are expanding their manufacturing facilities in emerging regions across the world due to the rising demand for powder coatings.
Besides expansion, companies are also investing in the strategy of new product launches by expanding their product portfolios to fulfil the growing demand of consumers. This strategy accounted for a share of 30.6% of all the developments witnessed between 2013 and 2017. Companies also focused on acquisitions and partnerships during the last four years. These strategies together accounted for a share of about 35% all the strategic developments.
North America was the most active region from 2013 and 2017, in terms of strategic initiatives. New product launch has been the preferred strategy in this region.
Companies, such as AkzoNobel N.V. (Netherlands), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), Jotun A/S (Norway), and The Valspar Corporation (U.S.) launched several new products in the region to increase their portfolio of powder coating products.
Major manufacturers, such as AkzoNobel N.V. (Netherlands), Asian Paints Limited (India), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Jotun A/S (Norway), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), and Somar Corporation (Japan), are profiled in this report. These companies have adopted both, organic and inorganic growth strategies.
Axalta Coating Systems is the most active player in the powder coatings market. It accounted for the largest share of all the developmental activities undertaken in the powder coatings market.
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The powder coatings market in APAC is expected to grow at the highest CAGR during the forecast period. Strong growth can be witnessed in powder coatings market in the Asia-Pacific region, especially in China, India, and South-East Asian countries. Increase in purchasing power parity and demand from the end-use industries specially appliances and automotive drives the powder coatings market.
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24 Market Reports has recently announced the addition of a new report on the Pure Epoxy Powder Coatings, 2018 Market Research Report. The study is aimed at presenting in-depth insights into the factors encouraging and inhibiting the market’s growth between 2013 and 2018. The report is titled “Pure Epoxy Powder Coatings Market Size, Status and Forecast 2025” and is available for sale on the company website. This report researches the worldwide Pure Epoxy Powder Coatings market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Pure Epoxy Powder Coatings breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Global Pure Epoxy Powder Coatings market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pure Epoxy Powder Coatings. This report focuses on the top manufacturers' Pure Epoxy Powder Coatings capacity, production, value, price and market share of Pure Epoxy Powder Coatings in global market. The following manufacturers are covered in this report:
Pure Epoxy Powder Coatings Breakdown Data by Type
Pure Epoxy Powder Coatings Breakdown Data by Application
Pure Epoxy Powder Coatings Production Breakdown Data by Region
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The study objectives are:
In this study, the years considered to estimate the market size of Pure Epoxy Powder Coatings :
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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