Powder Coatings Market Growth, Key Trends & Factor Driving Industry till 2030
The Powder Coatings Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the size, share & growth of the market.
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Powder Coatings Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Powder Coatings Industry Analytical Overview (2025-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Powder Coatings Market size is valued at around USD 14.30 billion in 2024 & is projected to grow at a CAGR of around 4.44% during the forecasted period, i.e., 2025-30. Moreover, it is anticipated that the market will reach around USD 19.38 billion by 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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What is Included in Powder Coatings Market Segmentation?
The report has segmented the market into the following categories:
By Resin Type
- Eopxy
- Acrylic
- Polyurethane
- Polyester
- Polyvinyl Chloride
- Others (Epoxy Polyster Hybrid, Fluropolymer, etc.)
By Method of Coating
- Electrostatic Spray Deposition (ESD)
- Fluidized bed
- Others (Flame Spray, Electrostatic bed fluidized process, etc.)
By Application
- Architectural
- Furniture
- Automotive
- General Industrial (Electrical Power Generation, Machinery, Packaging, etc.)
- Appliances (Consumer Electronics, Home Appliances, etc.)
- Others
Among these, Consumer Appliances which is the sub-segment of the Appliance segment dominated the Global Powder Coating Market. Moreover, it is estimated that the segment will continue to maintain its dominance in the industry due to rising spending power, expanding urbanization, and high standards of living, which will increase the demand for products in the forthcoming years.
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Key Factor Driver Powder Coatings Industry Growth by 2030
Expansion Across Diverse Industries Boosts the Demand for Powder Coatings in the Market – Powder coatings are used across several industries including automotive, furniture, architecture, appliances, and others, along with emerging areas such as fittings, oil & gas, valves, wastewater treatment, and tanks. With the ongoing revolution, including the adoption of powder coating on plastics and wood, the Global Power Coating Market is witnessing a surge in demand. Also, the environmental advantages correlated with powder coatings lead to the inclination towards powder coating rather than liquid one.
Moreover, due to the surge in the usage of powder coatings, several key players in the market are capitalizing on the rising potential in the automotive, appliances, and other sectors.
Who are the Key Players Operating in the Powder Coatings Industry?
The top companies of the Powder Coatings market ruling the industry are:
- PPG Industries Inc.
- Akzo Nobel N.V.
- Axalta Coating System
- Sherwin-Williams Company
- Jotun Group
- RPM International Inc.
- Arkema S.A.
- Nippon Paint Holdings
- IGP Powder Coatings
- 3M
- Tiger Coatings GmbH & Co.KG
- Kansai Nerolac Paints Ltd.
- A & I Coatings
- Others
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Powder Coatings Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Powder Coatings industry?
- Which is the Leading segment in the market?
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