Powder coating alludes to dry outer finishing cover utilized on bunch of items for improving protective attributes and visual attractiveness of the particulars. The general process includes polymer gums, levelling special mixtures, viscosity modifiers, colors and different additional substances blended, liquefied, cooled, and later secured into a homogeneous composition. Metallic powder coatings discover significant applications in the architectural business because of their sensational imperishable properties with amazing shading and gleam sustenance. Their deterioration opposition trait and superb weatherability make them very illustrious for external surface applications, for example, façade, curtain divider, window panels, entryways and door frames, sheet metal, protective covering, and others.
Metallic powders can be harder to spray than solid shading powders. Basically, the electrostatics, in addition to other things, affect the way the metallic chips in the powder situate. Cancellation of massive orders made by retailers of paint and coatings items because of the closure of the market is registered post 2020 covid19 outbreak. End-use purchasers are not accepting costly coating products and technologies, for example, polyurea and polyurethanes noted a huge drop in request from wholesalers and retailers because of Coronavirus.
Generally, the trades of paints and coatings items are hampered at the merchants' level because of the suspension of process and distribution practices. Post 2020 corona virus outbreak, governments worldwide were forced to implement strict lockdown regulations which majorly impacted real estate and mining activities, manufacturing enterprises, etc. However, the industries currently are recovering from the above cited impact and are expected to initiate production procedure as prior to corona virus outbreak. This normalization of industries is anticipated to alter market growth during the forecast period of 2022-2032.
The infrastructural development is additionally a key factor driving the component part demand on a worldwide scale. Effectiveness and overspray are among the key factors overseeing the market financial aspects. Higher usage rate when contrasted with fluid form is among the key factors affecting the general item application scope in the market. Betterment of infrastructure by the local government alongside living accommodations approvals will decidedly affect the architectural and paint domain, by implication supporting industry development. Incredible performance properties alongside accessibility of the item in discrete shapes, tones and surfaces will additionally prod the powder coating market income during the forecast time of 2022-2032.
Global Metallic Powder Coatings Market Value Share Analysis, by Geography (2021)
The report titled “Global Metallic Powder Coatings Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Metallic Powder Coatings Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Metallic Powder Coatings market is segmented based on Process Type, Pigment type, Resin Type, and region. Based on Process type, the Metallic Powder Coatings market is segmented into Bonding, Blending, Extrusion, and others. Based on Pigment type, the Metallic Powder Coatings market is segmented into Aluminum, Mica, others. Based on Resin Type, the Metallic Powder Coatings market is segmented into Polyester, Hybrid, Epoxy, Polyurethane, Others. Based on geography, the Global Metallic Powder Coatings Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada, and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Metallic Powder Coatings Market. Further, market share of prominent companies in the Global Metallic Powder Coatings Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Metallic Powder Coatings companies. The Global Metallic Powder Coatings Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Metallic Powder Coatings business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Metallic Powder Coatings Market.
The key players of the global metallic powder coatings market are Akzonobel N.V., American Powder Coatings, Inc., Arsonsisi S.P.A., Asian Paints Limited, Axalta Coating Systems, LLC, Cardinal, Diamond Vogel, Duluxgroup Ltd., Emil Frei GmbH & Co. Kg, Erie Powder Coatings Inc., Ifs Coatings, Igp Pulvertechnik Ag, Jotun A/S, Neokem S.A., Ppg Industries, Primatek Coatings Ou, Pulverit S.P.A., Rpm International Inc., St Powder Coatings S.P.A., Teknos Group Oy, the Sherwin-Williams Company, Tiger Coatings GmbH & Co. KG, Vitracoat, Weg, Yba Kimya A.P. and others.
Global Metallic Powder Coatings Market Key Segments:
By Process type
By Pigment Type
By Resin Type
By Region
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 over the forecast period.
The global metallic powder coatings market size was valued at US$ 11.44 Bn in 2020
The global metallic powder coatings market is expected to register a compound annual growth rate (CAGR) of 7.5% during the forecast period
Some of the prominent companies in the metallic powder coatings market are: Akzo Nobel N.V, The Sherwin-Williams Company, PPG Industries, Inc., BASF SE, DSM, Valspar, Arkema S.A., and Bayer AG.
Asia Pacific was the largest market in 2020 and accounted for a revenue share of around 40%.
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