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Powder Coatings Market To Achieve Prominent Growth By 2024, Driven By Industry Expansion of Construction Sector And Real Estate | Million Insights

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Powder Coatings Market To Achieve Prominent Growth By 2024, Driven By Industry Expansion of Construction Sector And Real Estate | Million Insights

April 29
06:45 2021
Powder Coatings Market To Achieve Prominent Growth By 2024, Driven By Industry Expansion of Construction Sector And Real Estate | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global powder coating industry report is foretold to provide a robust support for industry players to lay a solid foundation for their business growth. It includes a comprehensive evaluation of the market’s growth status and market Polyphenols (IIoT)k. Furthermore, it provides detail market variables, trends, key opportunities, new entrants & competitors.

The global powder coatings market is likely to gain a significant CAGR in the forthcoming period. The powder coating process is much identical to the painting process with the only difference that, the paint material used as powder coating is dry than liquid. The powder attaches to the parts due to electrostatic charge and grounding. However, several advantages such as reuse and durability are achieved with these whereas the downsides demand less levelling, i.e. needs more peel and curing needs more energy.

The powder coatings market is driven by market expansion of construction sector and real estate. The need for aftermarket service in the construction domain is highly prevalent. Jobs like wall painting, house renovation, and furniture maintenance are likely to result in high use of powder coatings to fulfill these jobs. Apart from the residential space, powder coatings find industrial use in the manufacture and packaging sector. Powder coatings are used in industries to enhance the product features and give a finer finish.

To download the sample pdf of Powder Coatings Market Report “Please” click here: https://www.millioninsights.com/industry-reports/powder-coatings-market/request-sample

Geographical segmentation for powder coating market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s powder coatings industry is likely to gain a significant CAGR in the forthcoming period due to the presence of manufacturing sector and broader use of powder coating for varied applications. Rise in demand, increasing use in industries and rise in rate of manufacture are likely to propel the APAC market growth.

North American and European regions are likely to gain a higher CAGR in the forecast period due to increasing use of powder coatings for furniture and construction industry. Apart, government regulations pertaining to manufacture of powder coatings by using eco-friendly products are likely to pump the powder coatings market growth in the near future. The key players in the powder coating industry include Asian Paints Limited, Axalta Coating Systems, Jotun A/S, Berger Paints India Limited, Kansai Paint Co, PPG Industries Inc, The Valspar Corporation, The Sherwin-Williams Company and the Somar Corporation.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/powder-coatings-market

Market Segment:

Resin type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
    • Epoxy
    • Polyester
    • Epoxy-Polyester (Hybrid)
    • Acrylic
    • Polyurethane
    • Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
    • Consumer goods
    • Architectural
    • Automotive
    • General Industries
    • Furniture
    • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • UK
        • Italy
        • Russia
    • Asia Pacific
        • China
        • Japan
        • India
        • Thailand
    • Latin America
        • Brazil
    • MEA

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About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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