Global Powder Coatings Market 2019-2023: Extensive Use of Powder Coatings in Consumer Appliances / Introduction of Natural Wood Coating / Competitive Landscape - ResearchAndMarkets.com
The "Global Powder Coatings Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The manufacturers of powder coatings are focusing on sustainability to reduce adverse environmental impacts. As powder coatings do not require solvents and are thus environmentally safe. Powder coatings are safe for the environment and are thus used across industrial applications.
Concerns regarding the sustainability of coating products have increased the demand for powder coatings for aluminum extrusion used in windows, doorframes, kitchen appliances, electrical fixtures, and building facades. Therefore, increased funds and FDIs for manufacturing powder coatings will create growth opportunities for the global powder coatings market during the forecast period.
Market Overview
Extensive use of powder coatings in consumer appliances
Powder coatings are applied to major appliances such as air conditioner systems, washing machines, dryers and other. Factors such as improving lifestyles, increase in purchasing powder, and reduced cost of consumer appliances have increased the use of appliances.
Introduction of natural wood coating
The number of new entrants that offer innovative and green products in increasing. Vermont Natural Coatings offers PolyWhey coatings, wood coatings manufactured from whey proteins. The emergence of green alternatives can hamper the growth of the global powder coatings market.
Competitive Landscape
The powder coatings market is fragmented owing to the presence of several established and regional vendors. The market has witnessed the introduction of environment-friendly products which will help vendors gain a competitive edge. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Market Trends
- Increasing demand from emerging economies
- Growing focus on sustainability
-
Capacity expansions and new plants
Key Topics Covered:
01: Executive Summary
02: Scope Of The Report
03: Market Landscape
04: Market Sizing
05: Five Forces Analysis
06: Market Segmentation By End-User
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers And Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
- Akzo Nobel
- Allnex
- Axalta Coating Systems
- BASF
- PPG Industries
- The Sherwin Williams
For more information about this report visit https://www.researchandmarkets.com/research/cclmlq/global_powder?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181212005771/en/