Powder Coatings Market - Insights, Opportunity Analysis, and Industry Forecast till 2025 Powder coatings are in high demand primarily due to its eco-friendly features as very less amount of volatile organic compounds (VOCs) are found in powder coatings and low wastage during production and consumption. Equipment development is a major contributing factor towards opening up various application areas for powder coatings. In case of wet surface treatment there are some newly developed chrome free equipment processes based on zirconium, titanium and silane compounds. This newly developed systems allow the toxic products to get substituted. These techniques also offer simultaneous degreasing and pickling, which significantly reduces processing time. Technological advancements in the field of UV and IR curing facilities is estimated to fuel production speed of powder coating systems. UV and IR curing solutions are used in the powder coatings industry as they enable rapid curing of the coating to a solid state. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/339 The global powder coatings market size is estimated at US$ 9,130.4 million (revenue) and 2,314.6 kilo tons (volume) in 2016 and is expected to expand at a CAGR of 6.2% in terms of revenue and 6.9% in terms of volume during the period 2017 – 2025. Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion Product portfolio expansion and geographical expansion are the key market trends which are expected to shape the industry in the near future. Major players in the global powder coatings market include Axalta Coating Systems, AkzoNobel N.V., Asia Paints Limited, PPG Industries Inc., Somar Corporation and Beger Paints India Limited among others. For More Information: http://bit.ly/2MmLXp2 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
Powder Coatings Market report categorizes global market by Resin Type (Thermoset, Thermoplastic), Coating Methods (Electrostatic Spray Coating, Fluidized Bed Coating, Electrostatic Fluidized Bed Process, Flame Spraying), End-Use industry, and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025
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