Powder coatings Market To Reach USD 18.32 Billion By 2026 | Reports And Data
18 April 2019
Increase in demand owing to its properties such as durability, scratch resistance, and glossy look is influencing the market growth. Market Size – USD 11.10 Billion in 2018, Market Growth - CAGR of 6.2%, Market Trends – Rise of environment-friendly coating technologies. NEW YORK, April 18, 2019 (GLOBE NEWSWIRE) -- The global powder coatings market is expected to reach USD 18.32 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increase in demand owing to its properties such as durability, scratch resistance, and glossy look which are influencing the market growth. Growing popularity among end users, especially automotive, shipbuilding and pipeline industries, will also encourage the growth of the market. The implementation of stringent regulations across several countries, regarding green and solvent-free coating technologies, will lead to a reduced amount of VOC emissions. This will boost the demand for powder coatings worldwide. Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/1301 Powder coatings can be used on a variety of substrates, including metallic and non-metallic materials, having a wide range of colors, thicknesses, finishes, and textures. They can be easily applied in much higher thicknesses compared to conventional liquid coatings without running, dipping, or sagging. Moreover, since powder coatings are composed entirely of solid coating material, applying coating of a specific thickness can be achieved with fewer applications of powder. Powder coating provides consumers with a long-lasting, economical, and durable finish, along with a range of color choices available for metallic and non-metallic substrates. Moreover, powder coatings are environmental friendly as compared to solvent-based liquid painting solvents that emit volatile organic compounds (VOC). Since powder coatings are solvent-free coating systems, it releases nearly negligible amounts of VOC’s. Expenses in terms of cost and energy consumption will be a hindrance to the growth of the market. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/powder-coatings-market Further key findings from the report suggest Order Now: https://www.reportsanddata.com/checkout-form/1301 For the purpose of this report, Reports and Data have segmented global powder coatings Market on the basis of resin type, coating type, substrate, application, and region: Resin type Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026) Coating type Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026) Substrate Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026) Applications Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026) Regional Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026) Browse more reports of Paints and Coatings category at: https://www.reportsanddata.com/report/category/paints-and-coatings About Reports and Data Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-800-819-3052 E-mail: sales@reportsanddata.com