#Epoxy Polyester - Hybrid Powder Coatings Production
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Top 15 Market Players in Global Epoxy Polyester - Hybrid Powder Coatings Market
Top 15 Market Players in Global Epoxy Polyester - Hybrid Powder Coatings Market
The epoxy polyester-hybrid powder coatings market has been growing steadily, fueled by the demand for durable, cost-effective, and environmentally friendly coating solutions in industries such as automotive, appliances, furniture, and general industrial applications. Here are the 15 leading players shaping this market:
AkzoNobel N.V. A global leader in coatings, AkzoNobel offers hybrid powder coatings known for their superior performance and sustainability.
PPG Industries, Inc. With a robust product portfolio, PPG caters to diverse industries with innovative and durable hybrid powder coatings.
Axalta Coating Systems Ltd. Known for its cutting-edge technologies, Axalta delivers high-performance epoxy polyester coatings for various applications.
Sherwin-Williams Company Sherwin-Williams provides versatile powder coatings that meet the demands of industries like automotive and furniture.
BASF SE BASF is a major player offering environmentally friendly and efficient hybrid powder coating solutions.
Jotun A/S Jotun is a prominent name in powder coatings, providing durable and corrosion-resistant hybrid coatings.
Asian Paints Limited A key player in the Asia-Pacific market, Asian Paints manufactures high-quality powder coatings for industrial applications.
Kansai Paint Co., Ltd. This Japanese coatings leader offers hybrid powder coatings tailored to regional market needs.
Berger Paints India Limited Berger Paints provides innovative hybrid powder coatings for metal furniture and appliances.
TIGER Drylac Renowned for its advanced powder coating technology, TIGER Drylac offers high-performance hybrid solutions.
Nippon Paint Holdings Co., Ltd. Nippon Paint delivers reliable hybrid powder coatings with a strong emphasis on eco-friendliness.
Evonik Industries AG Evonik supplies specialty chemicals used in hybrid powder coatings, enhancing their performance and durability.
Protech Powder Coatings Inc. This company is recognized for its diverse range of hybrid powder coating products that meet industrial needs.
Interpon (AkzoNobel Powder Coatings) A subsidiary of AkzoNobel, Interpon specializes in premium powder coating solutions, including hybrid systems.
Axalta TCI Powder Coatings A division of Axalta, TCI Powder Coatings offers innovative hybrid powder formulations for industrial and consumer markets.
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Top Winning Strategies in Epoxy Polyester - Hybrid Powder Coatings Market
As competition intensifies in the epoxy polyester-hybrid powder coatings market, leading companies are leveraging innovative strategies to stay ahead. Below are the winning strategies driving growth in this space:
1. Sustainability Initiatives
Companies are adopting eco-friendly formulations, including low-VOC and heavy-metal-free coatings, to meet stringent environmental regulations.
2. Focus on Customization
Offering tailor-made powder coatings that meet specific customer requirements in terms of finish, durability, and application is a growing trend.
3. Expansion in Emerging Markets
Targeting high-growth regions like Asia-Pacific, Latin America, and the Middle East helps companies tap into new opportunities created by industrialization and urbanization.
4. Investment in R&D
Continuous innovation to improve coating properties, such as weather resistance, gloss retention, and scratch resistance, is a key focus area.
5. Strengthening Supply Chains
Establishing efficient distribution networks and local manufacturing facilities reduces lead times and enhances market reach.
6. Strategic Collaborations
Partnering with end-users, raw material suppliers, and other stakeholders fosters innovation and strengthens market position.
7. Digital Transformation
Leveraging digital technologies, such as predictive analytics and e-commerce platforms, enhances operational efficiency and customer engagement.
8. Competitive Pricing Strategies
Offering cost-effective solutions without compromising quality allows companies to capture price-sensitive markets.
9. Diversification of Applications
Exploring new applications, such as hybrid coatings for renewable energy equipment and 3D-printed parts, provides additional revenue streams.
10. Expansion of Product Portfolios
Companies are introducing new formulations with improved properties, such as higher resistance to UV light and corrosion, to cater to specialized industries.
11. Enhanced Marketing and Branding
Participation in trade fairs, exhibitions, and digital marketing campaigns strengthens brand presence and customer loyalty.
12. Adherence to Quality Standards
Ensuring compliance with international standards, such as ISO certifications, enhances product credibility and trust.
13. Focus on Small and Medium Enterprises (SMEs)
By offering scalable solutions, market leaders are targeting SMEs to expand their customer base.
14. Mergers and Acquisitions
Acquiring regional and niche players enhances technological capabilities and geographic reach.
15. Customer-Centric Innovations
Understanding customer needs and providing technical support for product application ensures long-term partnerships.
By implementing these strategies, market players continue to strengthen their competitive edge and expand their influence in the growing epoxy polyester-hybrid powder coatings market.
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#Epoxy Polyester - Hybrid Powder Coatings Market#Epoxy Polyester - Hybrid Powder Coatings Production#market players#market size#market share#top trends#revenue#average price
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Everything you should know about powder coating finishes?
Types of Powder Coating Finishes
Epoxy Coatings: Known for their excellent adhesion, hardness, and chemical resistance, epoxy coatings are ideal for indoor applications. However, they may yellow with UV exposure, making them less suitable for outdoor use.
Polyester Coatings: Offering superior UV resistance, polyester coatings are perfect for outdoor applications. They are flexible, impact-resistant, and available in a variety of colors and gloss levels.
Hybrid Coatings: Combining the benefits of epoxy and polyester, hybrid coatings provide good chemical and corrosion resistance along with better UV stability than pure epoxies.
Acrylic Coatings: These coatings are known for their excellent gloss retention, weather resistance, and aesthetic appeal. They are commonly used for automotive and architectural applications.
Benefits of Powder Coating
Durability: Powder coatings are highly resistant to chipping, scratching, and fading, providing long-lasting protection for the underlying metal.
Environmental Friendliness: Unlike liquid paints, powder coatings contain no solvents and release negligible amounts of volatile organic compounds (VOCs) into the atmosphere, making them an eco-friendly choice.
Cost-Effectiveness: The efficiency of the powder coating process, with minimal waste and the ability to recycle overspray, makes it a cost-effective finishing option.
Variety: Powder coatings can achieve a wide range of finishes, including smooth, textured, matte, and high-gloss. They are also available in an extensive array of colors, making customization easy.
What is Powder Coating? Powder coating is a dry finishing process that involves the application of a fine, free-flowing, thermoplastic or thermoset powder onto a surface. This powder is electrostatically charged and sprayed onto the object, which is then cured under heat to form a smooth, hard finish. This method is known for its durability, resistance to corrosion, and ability to produce a wide range of colors and textures.
Applications of Powder Coating Powder coating is used in various industries, including automotive, aerospace, electronics, architecture, and home appliances. Its ability to provide a robust and attractive finish makes it a preferred choice for everything from car parts and machinery to furniture and consumer goods.
Conclusion Asiam Coater excels. in delivering exceptional powder coating finishes tailored to meet specific requirements. Their expertise ensures that products not only look great but also withstand the test of time, providing superior performance and aesthetics. With a commitment to quality and sustainability, Asian Coater stands out as a leader in the powder coating industry.
For more Information:- Contact us:-+91–8882531837 Email:[email protected] Address:-F-516, UDSIDC, MG Road Industrial Area, Phase -II, Ghaziabad — 201015
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Powder Coating Market
Powder Coating Market Size, Share, Trends: AkzoNobel N.V. Leads
Adoption of Smart Powder Coatings with Advanced Functionalities
Market Overview:
The global powder coating market is expected to develop at a 6.8% CAGR from 2024 to 2031. Asia-Pacific now dominates the industry, accounting for the vast majority of worldwide sales. Key factors include rising demand from diverse end-use industries, technological breakthroughs in coating processes, and increased awareness of the environmental benefits of powder coatings. The market is expanding rapidly due to the increasing use of powder coatings in various industries for their superior finish, durability, and environmental friendliness. Technological advancements in powder coating compositions and application procedures enhance product performance while broadening the spectrum of applications. Furthermore, severe environmental rules in developed economies encourage the use of low-VOC coatings, which contributes to market growth.
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Market Trends:
The use of smart technology in powder coatings is changing the industry landscape. This trend is driven by an increase in demand for coatings that do more than just protect and look good. Manufacturers are creating powder coatings with self-healing, anti-microbial, and even energy-harvesting qualities. For example, several companies are working with powder coatings that change colour in response to temperature changes or contain conductive materials for electromagnetic shielding. This shift towards multi-functional powder coatings not only addresses specific industrial needs but also opens up new application areas, driving market development and innovation.
Market Segmentation:
The Thermoset powder coatings segment, which includes epoxy, polyester, and hybrid formulations, now dominates the powder coating industry. These coatings have exceptional durability, chemical resistance, and an aesthetically pleasing finish, making them appropriate for a wide range of applications across multiple industries. Demand from the automotive, appliance, and architectural sectors is driving the segment's growth. Recent technology improvements, such as low-temperature cure thermoset powder coatings, have significantly increased the substrate materials that can be coated, including heat-sensitive materials like wood and plastics.
Market Key Players:
The powder coating industry is characterized by fierce competition among significant companies, with an emphasis on product innovation, global expansion, and strategic alliances. Major firms such as AkzoNobel N.V., PPG Industries, Inc., Sherwin-Williams Company, Axalta Coating Systems, Jotun A/S, Tiger Coatings GmbH & Co. KG, Nippon Paint Holdings Co., Ltd., Asian Paints Limited, RPM International Inc., and Kansai Paint Co., Ltd. dominate the market. These companies are investing extensively in R&D to introduce coating formulations with improved performance attributes and broader application ranges.
Contact Us:
Name: Hari Krishna
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DYJ COATING SYSTEMS is a company that takes immense pride in its operations, team, and offerings. Our overarching mission is to provide the industry with unparalleled service and environmentally responsible products. We are a global leader in the manufacturing of top-tier powder coatings. At the core of our business philosophy is an unwavering commitment to customer-centricity, flexibility, and responsiveness.
Service excellence is the cornerstone of our operations. We go the extra mile by offering flexibility in batch sizes, industry-leading turnaround times, and standard color customization to meet the unique needs of our clients. Our state-of-the-art production facilities and rigorous quality control systems are purposefully designed to deliver superior quality, all while maintaining competitive pricing and swift turnaround times.
Harnessing cutting-edge technologies, our experienced research and development team thrives on solving the most challenging application problems. We relish the opportunity to collaborate with our customers in crafting customized solutions that cater to their specific requirements.
Our comprehensive product line encompasses thermosetting powder coatings, including pure epoxies, polyesters, TGICs, polyurethanes, and hybrids. With an extensive database of thousands of colors, we proudly stock hundreds of shades, including selections from RAL, IS, and Pantone color ranges.
At DYJ COATING SYSTEMS, we are dedicated to providing top-notch products and services to our customers, and we continuously strive to make a positive environmental impact through our responsible choices.
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How To Choose The Right Powder Coating System For Your Industrial Application?
Powder coating is a popular method of applying a protective and decorative finish to metal objects in various industrial applications in Cleveland. The process involves electrostatically applying a dry powder onto a metal surface, which is then cured under heat to create a durable and attractive coating. However, choosing the right powder coating system for your specific industrial application can be challenging, as there are various factors to consider. In this article, we will discuss how to choose the right industrial powder coating Cleveland.
Consider Your Industrial Application
The first step in choosing the right powder coating system for your industrial application is to consider the specific needs and requirements of your application. For example, are you coating large or small parts? What is the size of your production line? What is the required level of finish quality and durability? These factors will help you determine the type of powder coating system that will work best for your application.
Choose the Right Powder Coating Technology
There are three main types of powder coating technologies available for industrial applications: corona, tribo, and electrostatic spray. Corona is the most common technology, which uses high-voltage electricity to create a static charge on the powder particles. Tribo is similar, but instead of an electric charge, it uses friction to create a static charge. Electrostatic spray is a newer technology that combines both corona and tribo technologies. Each of these technologies has its advantages and disadvantages, so you should choose the one that best suits your industrial powder coating services.
Consider the Powder Coating Material
Powder coating materials come in various chemistries, including polyester, epoxy, and hybrid powders. Each chemistry has its unique properties and is suitable for different applications. Polyester, for example, is a popular choice for exterior coatings, while epoxy is better suited for indoor applications. Hybrid powders combine the properties of both polyester and epoxy and are often used in harsh environments. It is essential to consider the specific needs of your application when choosing the powder coating material.
Determine Your Production Line Speed
The speed of your production line will also affect the type of powder coating system you should choose. If you have a high-speed production line, you will need a powder coating system that can keep up with the pace. In this case, you may need an automated system with a fast color change capability. If your production line is slower, you may be able to use a manual powder coating system.
Also, read about Maximizing Efficiency with Solid Dry Film Lubricant Services
Consider the Size of Your Parts
The size of your parts will also affect the type of powder coating system you should choose. If you are coating large parts, you will need a system with a large powder spray booth and a conveyor system capable of moving the parts through the booth. If you are coating small parts, you may be able to use a smaller spray booth and a manual powder coating system.
Evaluate Your Energy Efficiency Requirements
Energy efficiency is becoming an increasingly important consideration for industrial applications in Cleveland. Powder coating systems can vary in their energy efficiency, depending on the type of system and the curing process. Some powder coating systems use infrared ovens to cure the powder, while others use convection ovens. Infrared ovens are more energy-efficient than convection ovens but may not work well for all types of powders.
Consider Your Maintenance and Operating Costs
Finally, you should consider the maintenance and operating costs of the powder coating system you choose. Some systems require more maintenance than others, and some are more expensive to operate. You should choose a system that is affordable to maintain and operate over the long term.
Choosing the Euclid Refinishing Company for the right powder coating system for your industrial application in Cleveland requires careful consideration of your specific needs and requirements. You should consider the type of powder coating technology, powder coating material, and production line speed.
Resource URL: https://bit.ly/3XAqQQ8
#industrialpowdercoatingcleveland#industrialpowdercoating#powdercoatingservices#industrialpowdercoatingservices
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Non-Liquid Coating Market to Witness Significant Growth by Forecast
Non-Liquid Coating Market Information:
New York, United States: Non-Liquid Coating market report is an expert's study that focuses mostly on businesses, categories, applications, regions, and other subcategories. In addition to this, the reports include an analysis of sales and revenue, as well as trade, competition, investment, and projections. According to straits research the Non-Liquid Coating Market will grow at a CAGR of % during the forecast period. Non-Liquid Coating Market Research studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
Competitive Players
Some of the key players operating in the Non-Liquid Coating market are PPG Industries Inc., Jotun Powder Coating, Asian Paints Limited, Axalta coating systems LLC, AkzoNobel NV, The Sherwin -Williams Company, Kansai Paints Company Ltd., Evonik Industries, and RPM International, Inc
Get Free Request Sample Report @ https://straitsresearch.com/report/non-liquid-coating-market/request-sample
The Non-Liquid Coating market report helps a wide range of businesses figure out what their consumers truly want by doing extensive market research. When it comes to new products, every company owner wants to know how much demand there is, and this report is a great resource. Additional benefits include ensuring that the most recent market developments are covered. You may keep a close check on key rivals and their company growth tactics by reading the Non-Liquid Coating market research. It also does an in-depth research for the years 2022-2030 in order to provide company owners with new business options.
This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Non-Liquid Coating Market: Segmentation
By Resin Type:
Thermoset
Polyester
Epoxy polyester hybrid
Epoxy
Acrylic
Polyurethane
Fluoropolymer
Thermoplastic
Nylon
Polyolefin
Polyvinyl chloride (PVC)
Polyvinyl fluoride (PVF)
By Coating Method
Electrostatic Spray
Fluidized Bed
By Substrate:
Metallic
Non-metallic
By End-Use Industry:
Appliances
Automotive
General Industrial
Architectural
Furniture
Stay ahead of the competition with our in-depth analysis of the market trends!
Buy Now @ https://straitsresearch.com/buy-now/non-liquid-coating-market
Key Highlights
In order to explain Non-Liquid Coating the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces
The purpose of this study is to examine the manufacturers of Non-Liquid Coating, including profile, primary business, and news, sales and price, revenue, and market share.
To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Non-Liquid Coating percent
In order to illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application
To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.
To conduct an investigation into the production costs, essential raw materials, and production method, etc.
Principal Motives Behind the Purchase:
To get deep analyses of the industry and to have a complete comprehension of the commercial landscape of the global market.
Analyse the production processes, key problems, and potential solutions in order to reduce the potential for future problems.
The goal of this study is to get an understanding of the most influential driving and restraining factors in the Non-Liquid Coating industry as well as the influence that this market has on the worldwide market.
Gain an understanding of the market strategies that are now being used by the most successful firms in their respective fields.
In order to have an understanding of the market's future and potential.
Trending Report:
About Straits Research
Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.
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#Non-Liquid Coating Market#Non-Liquid Coating Market Share#Non-Liquid Coating Market Size#Non-Liquid Coating Market Research#Non-Liquid Coating Industry#What is Non-Liquid Coating?
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We are an ISO certified manufacturer of Powder Coatings in India and serving the industry for last 20 years. Our range of manufacturing includes RAL / Pantone / Customized colors in various finish, gloss ranges. Powder Coatings is being used in various steel & aluminum fabrication industry where corrosion protection is one of a basic need. As of now we are touching following industries with our quality products – 1. Architectural 2. Appliances 3. Automotive Components 4. Electrical Industry 5. Furniture 6. Fire Extinguisher & Gas cylinder etc. Our present range of manufacturing includes – 1. Epoxy & Polyester Powder (Hybrid Powder Coatings): This is basically used for indoor application i.e. the coated article needs to keep away from direct environment. This must kept under roof. 2. Pure Polyester Powder Coatings: This is basically used for outdoor application i.e. the article can be kept in open area and the coatings has the capability to last for long provided the coating and maintenance instructions are followed properly. 3. Super Durable Powder Coatings: These are typically Polyester based powder coatings equivalent to Qualicoat parameters. It is used for outdoor application. 4. Pure Epoxy: This is typically used for indoor application. Powders under pure epoxy chemistry are known for their corrosion protection ability. 5. Zinc Base Coat: Special powder coatings which give extra corrosion protection. This requires top coat of desired color of Hybrid / Polyester coatings depending upon the application to get the desired result for coastal areas. Why Sharp Coatings: 1. Two State-of-the-art manufacturing facilities in National Capital Region of India, which is just an hour away from Delhi International airport. 2. Annual manufacturing capacity of 8000 tons of powder 3. 400+ running shades. Till date we have developed more than 7000 shades. 4. Dedicated R&D team to develop customized shades. 5. R&D team also work upon the raw materials on how to optimize the quality of the products. https://www.instagram.com/p/CBvTtkKnK5c/?igshid=n08lt45sawhx
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NUG-ALWAN is a manufacturer specializing in the production and export of powder coating. Since our foundation, we have been expanding our market share and gaining more and more reputations from at home and abroad. NUG-ALWAN located in Nanjing, Jiangsu Province. 2 hours from Shanghai by train. With 10 years of experience in the powder coating field. We cover almost every type of powder coating, including epoxy powder, polyester powder, hybrid powder, polyurethane powder, acrylic powder and not only standard colors we also do custom orders such as reds, whites, blues, yellows and greens from flat and textures to satins and high gloss, also special colors such as Candy, metal flake, and textured finishes..Our management is based on the philosophy of ""Superior quality, Perfect services"". Under the circumstance of continuous innovation, improvement and fierce competition in the world, we are on the way of becoming the number one in the powder coating industry. What customers need is what we pursue. You are welcome to visit us, we will be your best partner.
Get connected with us today https://unitedgroup.en.alibaba.com/
#powder coating#epoxy powder coating#nano powder coating#chrome powder coating#polyester powder coating#powder paint#epoxy paint#oven powder coating#Ral powder coating
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Powder Coatings Market Will Reach A Valuation Of US$ 15 Bn By 2031
Exhibiting a healthy CAGR, the global revenue pool of powder coatings market will expand nearly 2X during the forecast period, 2019-2029. Upsurge in automobile production and demand for medical equipment would be the key growth drivers. In addition, regulations against volatile organic compounds (VOC) emissions are enabling broader application of powder coatings across various end-use sectors.
"Driven by uptight sustainability norms, industry executives are moving from liquid-based coatings to powder coatings. Powder coatings have low VOC content and thus reduce the risk of combustion during storage and application. Further, they curb the possibilities of health hazards to industrial workers," opines Fact.MR in its new research study.
Request PDF Sample of the 170-page report on the powder coatings market-
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Powder Coatings Market - Key Takeaways
Epoxy based powder coatings capture over a third of overall market value, owing to their enhanced features.
Given their high-quality finish and durability, acrylic-based powder coatings are likely to garner huge traction.
Europe is leading the pack in the global powder coatings market; East Asia and Southeast Asia & Oceania would offer potential growth avenues.
Consumer goods would be the key application area, while furniture is reflecting increasing application scope.
Powder Coatings Market - Key Driving Factors
Excellent resilience against chipping, and corrosion, as well as enhanced cost- and time-efficacy are broadening the adoption of powder coatings.
Increasing usage in automobiles, home-appliances, and industrial machinery & equipment to widen investment opportunities.
Market players are transforming manufacturing processes with Industry 4.0 technologies - artificial intelligence (AI), and cloud computing.
Powder Coatings Market - Key Restraint
Volatility in prices of raw materials to hinder adoption, especially in construction projects.
Competitive Landscape
Powder coating manufacturers are investing in R&D and are rolling out innovative offerings and utilizing automation technologies to form collaborations with demanding customers. Key players in powder coatings market include Akzo Nobel N.V., PPG Industries, Inc., BASF SE, Eastman Chemical Company, Nippon Paint Holdings Co., Ltd., Bayer AG (Covestro AG), Eisenmann, Evonik Industries AG, and Sherwin-Williams.
Read More insights: https://www.factmr.com/report/4540/powder-coatings-market
About the Report
This 170-page research study offers an extensive analysis of the global powder coatings market, covering historical and forecast data for the predefined timeframe. The report delivers compelling insights on the basis of resins (epoxy, polyester, epoxy-polyester (hybrid), acrylic, polyurethane, and others), application (consumer goods, architectural, automotive, general industries, furniture, and others), and across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).
About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at Fact.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the Chemicals & Materials industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Fact.MR's latest chemicals industry market reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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Powder Coatings Market Outlook, Growth, Share and Forecast by 2028
Powder Coatings Industry Overview
The global powder coatings market size was valued at USD 11.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.2%.
The emerging economies of Asia Pacific and MEA regions have witnessed strong growth in non-residential sectors including consumer goods, IT, telecom, and retail resulting in growth in product demand. The growing number of consumer goods companies in India, China, and Singapore is expected to augment market development in the near future. Powder coatings have numerous advantages over other coatings, such as lower operating costs, immediate availability, negligible VOC emission, excellent appearance, and uniform thickness.
In addition, they are relatively easy to apply in thick layers of coating, which results in a smooth, uniform appearance.
Gather more insights about the market drivers, restrains and growth of the Global Powder Coatings Market
A rise in the production of automobiles and the surge in demand for medical devices are expected to be major factors driving the market growth in developing nations including India, China, Brazil, and Mexico over the forecast period. Moreover, high product adoption in the furniture sector on account of its excellent performance, low operational costs, color availability, and custom properties, such as anti-corrosion and anti-bacterial functions, will stimulate market growth.
Powder coatings do not contain any solvents, which results in negligible emission of VOC in the atmosphere and reduced risk in combustion during application and storage. In addition, the powder can be easily washed off when it comes in contact with human skin, which reduces health hazards for operators.
Raw materials used in product manufacturing include thermoplastic and thermoset resins. Thermoplastic comprises nylon, PVC, polyolefin, ABS, and polycarbonate coatings while thermoset comprises coatings made of epoxy, polyester, polyurethane, and acrylic coatings. Volatility in raw material prices affects the powder coating raw material pricing.
Browse through Grand View Research’s Paints, Coatings And Printing Inks Industry Research Reports.
• Plastic Compounds Market: The plastic compounds market size was valued at USD 66.74 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028. Increasing demand from the automotive industry is anticipated to significantly drive the market growth during the forecast period. • Modified Polypropylene Market: The global modified polypropylene market size was valued at USD 34.12 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2030. The growth of the market is attributed to the use of modified polypropylene in the automotive, electrical and electronics, packaging, medical, building and construction, and other industries.
Powder Coatings Market Segmentation
Grand View Research has segmented the global powder coatings market on the basis of resin, application, and region:
Powder Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• Epoxy
• Polyester
• Epoxy-polyester (Hybrid)
• Acrylic
• Polyurethane
• Others
Powder Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• Consumer Goods
• Architectural
• Automotive
• General Industries
• Furniture
• Others
Powder Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East and Africa
Key Companies profiled:
Some prominent players in the Global Powder Coatings Market include
• Akzo Nobel N.V
• The Sherwin-Williams Company
• PPG Industries, Inc.
• BASF SE
• DSM
• Valspar
• Arkema S.A.
• Bayer AG
Order a free sample PDF of the Powder Coatings Market Intelligence Study, published by Grand View Research.
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We are one of the leading companies offering Pure Epoxy Coating Powder to our customers. The powder is available in four formulations including Epoxy Powder, Epoxy-Polyester Hybrid Type, Pure Polyester Powder and Pure Polyester TGIC Free Powder. Our supervisors carry out the planned delivery of the product and strict inspection of the product on time. The optimum quality materials purchased by our vendors are used in the manufacture of this product.
#Pure epoxy powder#Pure epoxy powder manufacturers#Pure epoxy powder suppliers#Epoxy Coating Powder#Epoxy Powder Coating Paint#Epoxy Powder Coating#Epoxy Paint Suppliers
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Electronics Conformal Coating Market Size Forecast to Reach $1.290 Billion by 2026
The Electronics Conformal Coating Market size is forecast to reach $1.290 billion by 2026, growing at a CAGR of 6.1% in the period 2021-2026. The Electronics Conformal Coating is a protective coating or polymer, designed to protect the circuit board topology and other electronic components from corrosion, and enhance the service life. The growth of the Electronics Conformal Coating Industry is primarily driven by the intensifying demand of miniaturized electronics, circuitry and various advanced PCB-related applications. Due to the remarkable combination of superior performance and reliability of conformal coatings solution, several industry verticals such as defense & aerospace, marine, automotive and electronic are adopting the right level of protection. In fact, the promising demand for developing high end applications, such as medical equipment, along with the growing prominence of PCB manufacturers for designing durable coatings with premium corrosion resistance features with the use conformal coatings are observed to boost to market opportunities. Therefore, growing uses of conformal coating in wireless and portable consumer electronic products, as well as integrated electronic circuitry, printed circuit board fabrication, and other vast arrays of application, are estimated to drive the growth of the Electronics Conformal Coating Market.
Electronics Conformal Coating Market Segment Analysis – By Types
By Types, the Electronics Conformal Coating Market is segmented into Acrylic, Polyurethane, Hybrid, Silicone, Epoxy and Others. The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications. The Acrylic coating is easily applied and removed and also, considered to be an affordable option in comparison to others for various end users. In March 2021, a leading global supplier of liquid and powder coatings, Axalta introduced Imron Industrial 2100 HG-C high-gloss clearcoat into its existing high-performance Imron Industrial portfolio in North America. The Imron Industrial 2100 HG-C high-gloss clearcoat is formulated to repair the damage areas quickly as it melts quickly and flows smoothly. The new clear coat is based on proprietary Axalta resin technology and produces both polyester and acrylic urethane properties for providing high-quality appearance applications. Thus, the growing demand of industry specifications coating and launches of clearcoat formulas are estimated to drive the Electronics Conformal Coating Market.
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Electronics Conformal Coating Market Segment Analysis – By Industry Verticals
By Industry Verticals, the Electronics Conformal Coating Market is segmented into Consumer Electronics, Automotive, Aerospace & Defense, Industrial and Telecommunication, Marine, Medical, and Others. The Industrial and Telecommunication held the highest share, and estimated to register a CAGR of 11.23% during the forecast period, owing to the emergence of numerous advanced electronic assemblies and rapid transformation of consumer demands. In January 2020, the global market leader in electro-chemical solutions, Electrolube decided to launch an innovative range of UV Conformal Coatings, Thermal Management solutions and Encapsulation Resins at IPC APEX EXPO, held at the San Diego Convention Centre, CA. At Expo, Electrolube demonstrated a range of advanced solutions for a multitude of applications, including printed circuit board, housing electronic components, LEDs and fiber optic telecoms equipment, power electronics and many more. Thus, the growing demand of sophisticated collating solutions, such as epoxy and other selective conformal coating for potential performance are some of the factors that induce the growth of the Electronics Conformal Coating Industry.
Electronics Conformal Coating Market Segment Analysis – By Geography
Asia Pacific dominated the Electronics Conformal Coating Market in 2020 with a share of 39%, owing to the growing consumer electronics market, which leads to potential venture of significant number of PCB manufacturers, such as Ascent Circuits Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy PTE Ltd in the region. Consequently, the automotive industry is also advancing that leads to the growth of the Electronics Conformal Coating Industry in this region. In September 2020, Covestro acquired the leading sustainable coating resins business from DSM. The acquisition of the Resins & Functional Materials business (RFM) from Royal DSM promoted the portfolio of Covestro in the market of sustainable coating resins, Coatings, Adhesives, Specialties (CAS) segment. Furthermore, the rapid penetration of digitalization is influencing the other market significantly as it requires the integration of high volume of electronic components. In November 2019, Teko Tinting and Engineering, the Asia-based member of the Inkmaker Group launched its XCELR8 in Jakarta, Indonesia to cater the strong demand from ink, coating and chemical manufacturers. The XCELR8 is the top Polymers, thickeners and surfactants (POS) solutions that enable manufactures with customizable specifications. Therefore, the evolving technology and the growing investment for innovative conformal coating formulation contribute significantly to the growth of the Electronics Conformal Coating Market.
Electronics Conformal Coating Market Drivers
Rise in the Demand Of Automotive Conformal Coatings
The growing demand of automotive electronics, pertinent to vehicles and other technology advancement for the automotive ecosystem is estimated to drive the Electronics Conformal Coating Market. The introduction of Electric vehicles with advanced components boosts the demand for conformal coatings to protect the necessary electronic installations. In October 2019, the global manufacturer of electro-chemicals, Electrolube, launched six next generation UV cure conformal coating products at Productronica, held in Munich. The Electrolube’s UV Cure coatings, is the innovative new UVCL range, is designed for various requirements and higher levels of performance of electronics, LED and automotive manufacturers. Hence, in order to protect the sensors of the EV vehicles, and restore the quality of the systems from the environment are leading the demand for safety and luxury conformal coatings features, which accelerate the growth of the Electronics Conformal Coating Market.
Growing Demand Of Medical Conformal Coating Solutions
The constant evolution of premium capabilities of medical components to monitor, diagnose and treat patients has accelerated the demand of Parylene conformal coatings for aiming biostable and biocompatible design, which eventually drive the growth of Electronics Conformal Coating Market. In October 2020, global leader in the manufacturing of conformal coatings, HumiSeal® announced the successful testing of its industry standard UV40 conformal coating to ISO 10993-5 cytotoxicity standards. The industry standard UV40 conformal coating ensures various electronics manufacturers across the globe to serve the medical device industry with increased confidence while using UV40 in PCBs. In order to achieve durability and complete protection of medical devices and other wearable technologies from dust, abrasion, humidity, liquids, and chemicals, the Specialty Coating Systems provide an additional level of confidence, which drives the growth of the Electronics Conformal Coating Market.
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Electronics Conformal Coating Market Challenges
High Price of Conformal coating technology
The advancement of Conformal Coating technology is serving various industries due to the specifically designed features, which offer absolute protection from harsh operating environments. owever, the expensive investment to achieve such end result and optimum protective conformal coating shields limits the scope for the various mid-sized enterprises to implement. In fact, several conformal coating manufactures are also investing to lower down the manufacturing cost due to the rising raw material price to seek the exact level of quality coating solution. Thus, high price in respect to managing quality conformal coating technology represents a hindrance to the growth of the Electronics Conformal Coating Market.
Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Electronics Conformal Coating Market. The Electronics Conformal Coating Market top 10 companies include Dow, Henkel, Chase Corporation, H.B. Fuller, Electrolube Limited, Shin-Etsu Chemical Company Ltd., Henkel AG & Co, Dymax Corp., Quantum Silicones,
Partnerships/Product Launches/Contracts
In February 2020, Dow introduced new DOWSIL™ CC-8030 UV and Moisture Dual Cure Conformal Coating, the first solvent less silicone conformal coating with UV and moisture dual cure for high-volume electronics manufacturing at IPC APEX EXPO 2020. This new environmentally responsible silicone technology of Dow offers sustainability, health and safety while minimizing processing expenditure through fast automated spraying, and energy-efficient UV curing application.
In March 2019, H.B Fuller announced the business expansion with the establishment of the H.B. Fuller Japan G.K to strengthen its Engineering Adhesive (EA) businesses in Japan. The engineering adhesive business in Japan offers high-performance adhesives to transportation, electronics, and aerospace, renewable energies and medical sectors.
Key Takeaways
Asia Pacific dominated the Electronics Conformal Coating Market in 2020 with a share of 39%, owing to the growing consumer electronics market, which leads to potential venture of significant number of PCB manufacturers, such as Ascent Circuits Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy PTE Ltd in the region.
The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications.
The constant evolution of premium capabilities of medical components to monitor, diagnose and treat patients has accelerated the demand of Parylene conformal coatings for aiming biostable and biocompatible design, which eventually drive the growth of market.
For more Chemicals and Materials Market reports, please click here
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Electronics Conformal Coating Market Size Forecast to Reach $1.290 Billion by 2026
The Electronics Conformal Coating Market size is forecast to reach $1.290 billion by 2026, growing at a CAGR of 6.1% in the period 2021-2026. The Electronics Conformal Coating is a protective coating or polymer, designed to protect the circuit board topology and other electronic components from corrosion, and enhance the service life. The growth of the Electronics Conformal Coating Industry is primarily driven by the intensifying demand of miniaturized electronics, circuitry and various advanced PCB-related applications. Due to the remarkable combination of superior performance and reliability of conformal coatings solution, several industry verticals such as defense & aerospace, marine, automotive and electronic are adopting the right level of protection. In fact, the promising demand for developing high end applications, such as medical equipment, along with the growing prominence of PCB manufacturers for designing durable coatings with premium corrosion resistance features with the use conformal coatings are observed to boost to market opportunities. Therefore, growing uses of conformal coating in wireless and portable consumer electronic products, as well as integrated electronic circuitry, printed circuit board fabrication, and other vast arrays of application, are estimated to drive the growth of the Electronics Conformal Coating Market.
Electronics Conformal Coating Market Segment Analysis – By Types
By Types, the Electronics Conformal Coating Market is segmented into Acrylic, Polyurethane, Hybrid, Silicone, Epoxy and Others. The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications. The Acrylic coating is easily applied and removed and also, considered to be an affordable option in comparison to others for various end users. In March 2021, a leading global supplier of liquid and powder coatings, Axalta introduced Imron Industrial 2100 HG-C high-gloss clearcoat into its existing high-performance Imron Industrial portfolio in North America. The Imron Industrial 2100 HG-C high-gloss clearcoat is formulated to repair the damage areas quickly as it melts quickly and flows smoothly. The new clear coat is based on proprietary Axalta resin technology and produces both polyester and acrylic urethane properties for providing high-quality appearance applications. Thus, the growing demand of industry specifications coating and launches of clearcoat formulas are estimated to drive the Electronics Conformal Coating Market.
Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=505412
Report Price: $4500 (Single User License)
Electronics Conformal Coating Market Segment Analysis – By Industry Verticals
By Industry Verticals, the Electronics Conformal Coating Market is segmented into Consumer Electronics, Automotive, Aerospace & Defense, Industrial and Telecommunication, Marine, Medical, and Others. The Industrial and Telecommunication held the highest share, and estimated to register a CAGR of 11.23% during the forecast period, owing to the emergence of numerous advanced electronic assemblies and rapid transformation of consumer demands. In January 2020, the global market leader in electro-chemical solutions, Electrolube decided to launch an innovative range of UV Conformal Coatings, Thermal Management solutions and Encapsulation Resins at IPC APEX EXPO, held at the San Diego Convention Centre, CA. At Expo, Electrolube demonstrated a range of advanced solutions for a multitude of applications, including printed circuit board, housing electronic components, LEDs and fiber optic telecoms equipment, power electronics and many more. Thus, the growing demand of sophisticated collating solutions, such as epoxy and other selective conformal coating for potential performance are some of the factors that induce the growth of the Electronics Conformal Coating Industry.
Electronics Conformal Coating Market Segment Analysis – By Geography
Asia Pacific dominated the Electronics Conformal Coating Market in 2020 with a share of 39%, owing to the growing consumer electronics market, which leads to potential venture of significant number of PCB manufacturers, such as Ascent Circuits Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy PTE Ltd in the region. Consequently, the automotive industry is also advancing that leads to the growth of the Electronics Conformal Coating Industry in this region. In September 2020, Covestro acquired the leading sustainable coating resins business from DSM. The acquisition of the Resins & Functional Materials business (RFM) from Royal DSM promoted the portfolio of Covestro in the market of sustainable coating resins, Coatings, Adhesives, Specialties (CAS) segment. Furthermore, the rapid penetration of digitalization is influencing the other market significantly as it requires the integration of high volume of electronic components. In November 2019, Teko Tinting and Engineering, the Asia-based member of the Inkmaker Group launched its XCELR8 in Jakarta, Indonesia to cater the strong demand from ink, coating and chemical manufacturers. The XCELR8 is the top Polymers, thickeners and surfactants (POS) solutions that enable manufactures with customizable specifications. Therefore, the evolving technology and the growing investment for innovative conformal coating formulation contribute significantly to the growth of the Electronics Conformal Coating Market.
Electronics Conformal Coating Market Drivers
Rise in the Demand Of Automotive Conformal Coatings
The growing demand of automotive electronics, pertinent to vehicles and other technology advancement for the automotive ecosystem is estimated to drive the Electronics Conformal Coating Market. The introduction of Electric vehicles with advanced components boosts the demand for conformal coatings to protect the necessary electronic installations. In October 2019, the global manufacturer of electro-chemicals, Electrolube, launched six next generation UV cure conformal coating products at Productronica, held in Munich. The Electrolube’s UV Cure coatings, is the innovative new UVCL range, is designed for various requirements and higher levels of performance of electronics, LED and automotive manufacturers. Hence, in order to protect the sensors of the EV vehicles, and restore the quality of the systems from the environment are leading the demand for safety and luxury conformal coatings features, which accelerate the growth of the Electronics Conformal Coating Market.
Growing Demand Of Medical Conformal Coating Solutions
The constant evolution of premium capabilities of medical components to monitor, diagnose and treat patients has accelerated the demand of Parylene conformal coatings for aiming biostable and biocompatible design, which eventually drive the growth of Electronics Conformal Coating Market. In October 2020, global leader in the manufacturing of conformal coatings, HumiSeal® announced the successful testing of its industry standard UV40 conformal coating to ISO 10993-5 cytotoxicity standards. The industry standard UV40 conformal coating ensures various electronics manufacturers across the globe to serve the medical device industry with increased confidence while using UV40 in PCBs. In order to achieve durability and complete protection of medical devices and other wearable technologies from dust, abrasion, humidity, liquids, and chemicals, the Specialty Coating Systems provide an additional level of confidence, which drives the growth of the Electronics Conformal Coating Market.
Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=505412
Electronics Conformal Coating Market Challenges
High Price of Conformal coating technology
The advancement of Conformal Coating technology is serving various industries due to the specifically designed features, which offer absolute protection from harsh operating environments. owever, the expensive investment to achieve such end result and optimum protective conformal coating shields limits the scope for the various mid-sized enterprises to implement. In fact, several conformal coating manufactures are also investing to lower down the manufacturing cost due to the rising raw material price to seek the exact level of quality coating solution. Thus, high price in respect to managing quality conformal coating technology represents a hindrance to the growth of the Electronics Conformal Coating Market.
Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Electronics Conformal Coating Market. The Electronics Conformal Coating Market top 10 companies include Dow, Henkel, Chase Corporation, H.B. Fuller, Electrolube Limited, Shin-Etsu Chemical Company Ltd., Henkel AG & Co, Dymax Corp., Quantum Silicones,
Partnerships/Product Launches/Contracts
In February 2020, Dow introduced new DOWSIL™ CC-8030 UV and Moisture Dual Cure Conformal Coating, the first solvent less silicone conformal coating with UV and moisture dual cure for high-volume electronics manufacturing at IPC APEX EXPO 2020. This new environmentally responsible silicone technology of Dow offers sustainability, health and safety while minimizing processing expenditure through fast automated spraying, and energy-efficient UV curing application.
In March 2019, H.B Fuller announced the business expansion with the establishment of the H.B. Fuller Japan G.K to strengthen its Engineering Adhesive (EA) businesses in Japan. The engineering adhesive business in Japan offers high-performance adhesives to transportation, electronics, and aerospace, renewable energies and medical sectors.
Key Takeaways
Asia Pacific dominated the Electronics Conformal Coating Market in 2020 with a share of 39%, owing to the growing consumer electronics market, which leads to potential venture of significant number of PCB manufacturers, such as Ascent Circuits Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy PTE Ltd in the region.
The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications.
The constant evolution of premium capabilities of medical components to monitor, diagnose and treat patients has accelerated the demand of Parylene conformal coatings for aiming biostable and biocompatible design, which eventually drive the growth of market.
For more Chemicals and Materials Market reports, please click here
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What are the various Types of Industrial Powder Coating?
Powder coating is generally known to be a dry coating process that has numerous applications to give metals a perfect finish. This process is specifically used in product manufacturing of industrial parts, household appliances, automotive finishes, medical devices, furniture, architectural applications, etc. In this process, the dry powder is first applied via an electrostatic process before being given heat treatment. Moreover, industrial powder coating can be applied on concrete, plastic, and steel, too, since it’s one of the sturdy, flexible, and cost-effective finish options.
Different types of industrial powder coating
· Thermoplastics
In this power coating, the thermoplastic polymers are melted first with the application of temperature, then solidify the finish by cooling. This industrial powder coating is used mostly for the protection of metal against corrosion, chemical materials, and impulse. Here are some of the thermoplastic powder coatings used industrially.
1. Vinyl Powder coating
Vinyl powder coating is used in two binders such as polyvinyl chloride and polyvinylidene fluoride. Both of the binders help with making the finish durable, weather-resistant, and applied according to their vinyl polymers. They belong to a group of resins that have vinyl radical as the fundamental structure of this powder coating.
2. Polyurethane powder coating
Polyurethane powder coating has similar properties to epoxy powders with exterior durability. However, this coating can offer more overheat stability than epoxies.
3. Polyester powder coating
Polyester powder coating is a very good powder coating process that gives the finish abrasions resistance and weather resistance. They are abundantly used on furniture, automobile parts as they are available in diverse coloring options. There is some polyester powder which is also certified for use in architectural applications.
4. Nylon
Nylon is a very durable powder coating, which is also FDA approved, as they produce excellent protection against harmful chemicals and solvents.
· Thermoset powder coating
Thermoset powder coating involves fine thermoset resins. This finish can exhibit physical and chemical properties. With the use of various advanced technologies, this coating process also offers customization options using versatile materials.
1. UV curable powder Coating
UV curable powder coating has many benefits, which can be done faster with low-temperature requirements. This allows heat-sensitive substrates like wood, plastics, and alloys.
2. Epoxy-polyester Hybrid
Epoxy-polyester hybrid is a widely used powder coating process that offers excellent strength, hardness, resistance against chemicals, and corrosion. With different pre-treatments, this coating can provide extreme adhesion, which is why it’s called hybrid coating.
3. Acrylic Powder Coating
This powder coating is extremely in use for high-quality surface aesthetics to produce flexibility and impact resistance. Acrylic finish is well suited for ovens and washing machines, etc.
Now that you know of so many professional powder coating options, select the right one to enhance your product quality. Get in touch with Rockett Inc. to get an affordable industrial coating option.
Original Source: What are the various Types of Industrial Powder Coating?
#types of Industrial Powder Coating#Industrial powder coating#Mississippi metal fabricators#Custom metal fabrication#Electrostatic Powder Coating Systems#Industrial Powder Coating System#professional powder coating#powder coating
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Pakistan Powder Coating Market Size Forecast to Reach $130 Million by 2025
Pakistan Powder Coating Market size is forecast to reach $130 million by 2025 after growing at a CAGR of 6% during 2020-2025. Powder coating refers to dry finishing process used on array of products for improving protective characteristics and visual appeal of the products. The growth of the market of powder coating in Pakistan is expected to be driven by the high demand from the automotive industry.
By Resin Type- Segment Analysis
Thermoset resin type held the largest share in the Pakistan powder coatings market in 2019. Thermoset resin form three-dimensional non-reversible networks during the transformation of the liquid resin to the solid. The dimensions of the resin layer are fixed at the point at which the liquid is transformed to the gel, and continuation of cure will often transform the rubbery gel to a glassy material. Polyester resin has a largest share on account of its beneficial properties such as quick-drying, chemical resistance, temperature resistance, abrasion resistance, and surface protection. Surge in product demand in applications including door handles, radiator grills, wheel rims, bumpers, bicycle, and metallic structural component will propel market growth over the forecast period. Epoxy-Polyester (Hybrid) resin type is anticipated to witness fastest growth over the forecast period on account of its properties such as toughness, flexibility, weather ability, and cheap availability as compared to other coatings. This resin type is a mixture of both polyester and epoxy resins and is mainly used for interior applications such as furniture coatings.
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Low Temperature Powder Coatings Market is Expected to Reach $ 5.4 billion by 2024 | TechSci Research
Rising focus towards energy savings coupled with advancements in technologies to drive global low temperature powder coatings market through 2024
According to a report released by TechSci Research, ‘Global Low Temperature Powder Coatings Market By Substrate Type, By Resin Chemistry, By End-User, By Region, Competition, Forecast & Opportunities, 2024’, the global low temperature powder coatings market is anticipated to grow during 2019 – 2024. Powder coating is a type of coating that is applied as a free-flowing, dry powder, and it does not require a solvent to keep the binder as well as the filler parts in a liquid suspension form. Anticipated growth in global low temperature powder coatings market can be attributed to increasing inclination towards energy savings due to reduction in cure temperature, technological advancements and growing end-use industries. However, growth of market is likely to be hindered by high humidity and complex shape of substrates.
Browse XX market data Tables and XX Figures spread through 110 Pages and an in-depth TOC on “Global Low Temperature Powder Coatings Market “
https://www.techsciresearch.com/report/global-low-temperature-powder-coatings-market/3903.html
Global low temperature powder coatings market is categorized into resin chemistry, substrate type, end-user and region. Based on substrate type, the market is segmented as non-metal and metal, wherein the non-metal segmWent is anticipated to witness the fastest growth in the market, owing to the need for sustainable and innovative products. On the basis of resin chemistry, the market is categorized into polyester & polyester hybrids, epoxy & epoxy-polyester hybrids, polyurethane, acrylic and others. Among these, polyester & polyester hybrids segment leads global low temperature powder coatings market as these resins have excellent physical properties that enable them to withstand prolonged outdoor exposure.
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“Asia-Pacific accounted for a major share in global low temperature coating market and is anticipated to grow at the highest CAGR during forecast period. In the region, China is the largest market for low temperature coatings and is expected to continue its dominance during forecast period as well. The demand for low temperature coating is expected to increase in China due to the growing heavy-duty equipment industry and rapid economic growth in the country. Additionally, growing population in the country offers a huge customer base for manufacturers of low temperature powder coatings, thereby further fuelling growth in the market.” stated Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Low Temperature Powder Coatings Market By Substrate Type, By Resin Chemistry, By End-User, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global low temperature powder coatings market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global low temperature powder coatings market.
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