Report Description

Global Low Temperature Powder Coatings Market By Substrate Type (Non-Metal & Metal), By Resin Chemistry (Polyester & Polyester Hybrid, Epoxy & Epoxy-Polyester Hybrid, etc.), By End-User (Furniture, Appliances, etc.), By Region, Competition, Forecast & Opportunities, 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Chemicals

The global low temperature powder coatings market is projected to grow from $ 4 billion in 2018 to approximately $ 5.4 billion by 2024. Some of the main factors propelling growth in global low temperature powder coatings market include rising focus towards energy savings due to reduction in cure temperatures, rapidly growing end-use industries and advancements in technologies. Low temperature powder coatings are formulated to create a complete cured coating at the lowest oven temperatures, which benefits chemical industries more than conventional liquid coatings.

Global low temperature powder coatings market is categorized into substrate type, resin chemistry, end-user and region. Based on substrate type, the market is segmented as non-metal and metal, of which non-metal segment is the fastest-growing sub-segment in in the market, owing to requirement for sustainable and advanced products to develop low temperature coatings for substrates.

On the basis of resin chemistry, the market is categorized into polyester & polyester hybrids, epoxy & epoxy-polyester hybrids, polyurethane, acrylic and others. Polyester & polyester hybrids based low temperature powder coatings are anticipated to dominate global low temperature powder coatings market as these resins are preferred over other resin types due to their superior physical properties that enable them to withstand continuous outdoor exposure. Among end-user, the market is segmented as furniture, appliances, automotive, architectural, retail, electronics, medical and others. 

Geographically, global low temperature powder coatings market spans five major regions including, Asia-Pacific, Europe, North America, South America, and Middle East and Africa. In Europe and North America, low temperature powder coatings market is anticipated to grow owing to expanding new industries in the regions and rising competitors who intend to increase their share in the market.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of low temperature powder coatings market.
  • To forecast global low temperature powder coatings market based on substrate type, resin chemistry, end-user and regional distribution.
  • To identify drivers and challenges for global low temperature powder coatings market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global low temperature powder coatings market.
  • To conduct the pricing analysis for global low temperature powder coatings market.
  • To identify and analyze the profile of leading players involved in the manufacturing of low temperature powder coatings.

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Some of the leading players in global low temperature powder coatings market are, Akzo Nobel NV, PPG Industries Inc., Axalta Coating Systems, The Sherwin-Williams Company, Hempel A/S, Jotun A/S, RPM International Inc., PPG Industries, DowDupont, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major players operating in global low temperature powder coatings market.

TechSci Research calculated the market size of low temperature powder coatings using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Low temperature powder coatings manufacturers and suppliers
  • Government and other regulatory bodies
  • Research institutes and organizations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global low temperature powder coatings market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Substrate Type:
    • Non-Metal
      • Wood and Medium-Density Fibreboard (MDF)
      • Plastics
      • Composites
      • Glass
    • Metal
  • Market, By Resin Chemistry:
    • Polyester & Polyester Hybrids
    • Epoxy & Epoxy-Polyester Hybrids
    • Polyurethane
    • Acrylic
    • Others
  • Market, By End-User:
    • Furniture
    • Appliances
    • Automotive
    • Architectural
    • Retail
    • Electronics
    • Medical
    • Others
  • Market, By Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • Jordon
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global low temperature powder coatings market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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