Powder Coating Explores Huge Growth in Future
Powder coating is dry finishing process and several companies are preferring powder coating owing to its durable finish and high quality. It is an excellent alternative for conventional liquid paint since it eliminates the need for a solvent. Electrostatically applied, powder coating creates a hard finish than traditional paints and mainly used for coating of metals and other hardware. Powder coating provides corrosion protection, excellent outdoor durability, and high-temperature performance with a wide range of specialty effects which is otherwise not easily achievable through other coating methods.
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The Powder coating market is driven by high demand for various equipment, file drawers, computer cabinets, laptop computers, cell phones, and electronic components. Texture variation, color & coating thicknesses in paint industries would play a key role in keeping the market trend upwards. The increasing use of powder coatings for aluminum extrusion and electrical fixtures will further boom the market. Government schemes and awareness for eco-friendly and economical products will stimulate demand over the forecast period.
he report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Powder coating market. Also, the study focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the significant developments in the past five years.
- AkzoNobel
- Asian Paints
- Axalta Coating Systems
- BASF SE
- Jotun
- Kansai Paint
- Nippon Paint
- PPG Industries
- RPM International Inc.
- The Sherwin-Williams Company
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