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Europe Powder Coating Market Forecast, 2024

Powder coatings are based on polymer resins, combined with curatives, pigments, levelling agents, flow modifiers, and other additives. These ingredients are melted, mixed, cooled, and grounded into a uniform powder like baking flour. A process called Electrostatic Spray Deposition (ESD) is typically used to achieve the application of the powder coating to a metal substrate. This application method uses a spray gun, which applies an electrostatic charge to the powder particles, which are then attracted to the grounded part.<br>

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Europe Powder Coating Market Forecast, 2024

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  1. Table of Contents S. No. Contents 1. Powder Coating: An Introduction & Product Classification 2. Research Methodology 3. Executive Summary 4. Global Powder Coating Market Overview 5. Europe Powder Coating Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value & Volume 5.2. Market Share & Forecast 5.2.1. By Resin Chemistry (Polyester, Epoxy Polyester Hybrid, Epoxy, Acrylic, Polyurethane & Others) By End User (General Metals, Automotive, Appliances, Architectural, Electronics, Furniture, Retail, Medical, Others) 5.2.2. 5.2.3. By Country (6 Countries) 5.2.4. By Company (up to Leading 5 Companies) 5.3. Market Attractiveness Index (By Country) 6. France Powder Coating Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Resin Chemistry 6.2.2. By End User 6.3. Competition Outlook 6.4. List of 30 End User Companies 2 © TechSci Research

  2. Table of Contents S. No. Contents 7. Russia Powder Coating Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Resin Chemistry 7.2.2. By End User 7.3. Competition Outlook 7.4. List of 30 End User Companies 8. Poland Powder Coating Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Resin Chemistry 8.2.2. By End User 8.3. Competition Outlook 8.4. List of 30 End User Companies 9. Romania Powder Coating Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Resin Chemistry 3 © TechSci Research

  3. Table of Contents S. No. Contents 9.2.2. By End User 9.3. Competition Outlook 9.4. List of 30 End User Companies 10. Czech Republic Powder Coating Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Resin Chemistry 10.2.2. By End User 10.3. Competition Outlook 10.4. List of 30 End User Companies 11. Bulgaria Powder Coating Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value & Volume 11.2. Market Share & Forecast 11.2.1. By Resin Chemistry 11.2.2. By End User 11.3. Competition Outlook 11.4. List of 30 End User Companies 12. Market Dynamics 12.1. Drivers 4 © TechSci Research

  4. Table of Contents S. No. Contents Challenges 12.2. 13. Market Trends & Developments 14. Pricing Analysis 15. Competitive Landscape 15.1. Akzo Nobel N.V. 15.2. Axalta Coating Systems LLP 15.3. The Sherwin Williams Company 15.4. DSM Coating Resins 15.5. Allnex 15.6. The Jotun Group 15.7. PPG industries 15.8. Primatek Coatings OÜ 15.9. CIN Industrial Coatings S.A. 15.10. EMIL FREI GMBH & CO. KG 15.11. Teknos Group 15.12. The Protech-Oxyplast Group 16. Strategic Recommendations 17. About Us & Disclaimer 5 © TechSci Research

  5. Product Overview Powder coatings are based on polymer resins, combined with curatives, pigments, levelling agents, flow modifiers, and other additives. These ingredients are melted, mixed, cooled, and grounded into a uniform powder like baking flour. A process called Electrostatic Spray Deposition (ESD) is typically used to achieve the application of the powder coating to a metal substrate. application method uses a spray gun, which applies an electrostatic charge to the powder particles, which are then attracted to the grounded part. This Powder coating is divided into two main coating systems, namely thermoplastic and thermoset systems, based on resin type. Thermoplastic coatings are frequently used for items such as mechanical parts and other items that might eventually re-mould. Thermoplastic coating offers a combination of strength and flexibility and is ideal for items that require both plasticity and durability. They can be re-melt because no chemical process occurs. Thermoset coatings are ideal for metal items such as electronics and appliances, because these items must withstand higher amounts of heat than thermoplastic coatings. This type of coating provides superior chemical and heat resistance, which helps to reinforce the structural integrity of an item. Market Segmentation End-User EUROPE POWDER COATING MARKET EUROPE POWDER COATING MARKET General Metals Furniture Appliances Automotive Architectural Retail Electronics Medical & Others • • • • • • • • Year Range Review Period 2014 – 2017 Base Year 2018 Resin Chemistry Country Estimated Year Polyester Epoxy Polyester Hybrids Epoxy Acrylic Polyurethane & Others Bulgaria Poland Romania Czech Republic France Russia Others • • • • • • • • • • • • 2019 Forecast Period 2020 – 2024 6 © TechSci Research

  6. Powder Coating Overview Europe Powder Coating Market By Resin Chemistry By End User By Country By Company General Metals Furniture Appliances Automotive Architectural Retail Electronics Medical & Others ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Bulgaria Poland Romania Czech Republic France Russia Others Akzo Nobel N.V. Axalta Coating Systems The Shewin Williams The Jotun Group DSM Coatings Allnex & Others ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Polyester Epoxy Polyester Hybrid Epoxy Acrylic Polyurethane & Others ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Powder coating is a solvent-free method of coating objects with dry, finely ▪ grounded paint particles. The main benefit of this process is that it avoid the environmental and economic costs of petroleum solvents used in traditional liquid coatings. Polyester: Polyester powder offers strong adhesion properties and excellent gloss retention when exposed to UV elements. Due to their strong weathering characteristics and lower chemical resistance, polyester powders are typically used in fencing, outdoor decorative items as well as lawn and garden furniture. Hybrid: Provides excellent flexibility and smoothness, not recommended in applications where weather resistance is critical. Mostly used for indoor applications. Epoxy: Offers excellent adhesion, exhibits a strong resistance to chemicals and corrosion. However, epoxies can only withstand minimal UV exposure. Over-exposure to UV rays can lead to loss of gloss as well as chalking of the finished product. So, it is generally used for interior-based products. Acrylic: Acrylic powder coatings are smooth, durable, provide finish coating. It features outstanding weatherability and good chemical, stain, and filiform corrosion resistance. Polyurethane: It is used for both decorative and functional products that have exterior exposure, have very strong weatherability characteristics, offers excellent anti-corrosion performance and resistant to humidity. ▪ ▪ ▪ © TechSci Research ▪ ▪ 7

  7. Research Methodology Market Profiling Formulating Questionnaire Developing List of Respondents Data Collection Data Data Analysis Validation In-depth secondary research was conducted to determine top players in Europe powder coating market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Europe powder coating market Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Market Participants Key Strengths ✓ ✓ ✓ Recent Trends & Developments Market Changing Aspects/Dynamics Conclusion Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution Data Collection ✓ ✓ ✓ Primary Research Secondary Research Paid Sources ✓ ✓ ✓ ✓ ✓ ✓ LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body ✓ Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ 8 © TechSci Research

  8. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Europe powder coating market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors and speculated growth during the forecast period. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Europe powder coating market. Methodology Followed for Calculation of Market Size: Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2018 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as powder coating manufacturers, end users, industry experts, etc. The team interviewed more than 30 companies including suppliers, end users, industry experts and other value chain stakeholders in the Europe powder coating market to obtain the overall market size during 2014-2018, which was validated by © TechSci Research the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2014-2018. 9

  9. Research Methodology Respondents were asked about the current and future market growth rates, as well as market shares by resin chemistry, by end user, by country and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by resin chemistry, by end user, by country and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares of the leading powder coating manufacturers. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Moreover, respondents were asked about the leading companies in the Europe powder coating market. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the © TechSci Research survey results in SPSS/Tableau Software. 10

  10. Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the Europe powder coating market, TechSci Research used various forecast techniques such as: Moving Average o Time Series Analysis o Regression Analysis o Econometric and Judgmental Analysis o TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective countries. TechSci Research also used the impact analysis during short, medium- and long-term period to estimate and analyze market demand scenario. AkzoNobel N.V., Axalta Coating Systems LLC, The Shewin Williams Company, The Jotun Partial List of Companies Group, DSM Coating Resins, Allnex, PPG Industries Inc., Primatek Coatings OÜ, The Protech- Interviewed Oxyplast Group, CIN Industrial Coatings S.A., EMIL FREI GMBH & CO. KG, Teknos Group among others Company Annual Reports, Industry Magazines, Industry Reports, Company Websites, Partial List Secondary Sources European Coatings Journals, Factiva, World Bank, International Monetary Fund, CEPE, © TechSci Research Central Department of Statistics and Information, etc. 11

  11. INDUSTRY BRIEF According to TechSci Research report “Europe Powder Coating Market By Resin Chemistry, By End User, By Country, Competition, Forecast & Opportunities, 2014 - 2024’’, powder coating market in Europe is forecast to reach $ 3.09 billion by 2024. Environment regulations limiting Volatile Organic Compounds (VOCs) and waste disposal regulations in Europe are resulting in new product developments by the leading players. Powder coatings release nearly zero Volatile Organic Compounds (VOCs) and contain no heavy metals (such as lead or chromium), which are responsible for ozone layer depletion. Moreover, powder coatings have up to 99% active ingredient material that can be recycled, thereby minimizing waste. Polyester based power coating dominate the market, as developed countries like Germany, France, Russia & Spain generate huge demand for polyester based powder coating due to its preference on account of higher outdoor durability. Polyester based powder coating are widely used in automobile and architectural sectors. Polyester based powder coating gives a uniform quality finish and have a longer life along with being corrosion resistant. Some of the major players operating in Europe powder coating market include AkzoNobel N.V., Axalta Coating Systems LLC, The Sherwin Williams Company, The Jotun Group, DSM Coating Resins, Allnex, PPG Industries Inc., Primatek Coatings OÜ, The Protech-Oxyplast Group, CIN Industrial Coatings S.A., EMIL FREI GMBH & CO. KG, Teknos Group, among others. Stringent Environmental Norms in Europe regarding waste disposal and VOC emissions, increasing demand from end user industries and rising customer demand for enhanced performance are © TechSci Research expected to positively influence the powder coating market in Europe during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 12

  12. SAMPLE DATA - SNAPSHOT Europe Powder Coating Market Size, By Value, 2014-2024F (USD Million) CAGR (2019E-2024F) By Value: xx% CAGR (2014-2018) By Value: xx% 2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F Romania Powder Coating Market Share, By Resin Chemistry, By Volume, 2014-2024F 2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F Epoxy Polyester Hybrid 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Polyester 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Epoxy 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Acrylic 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Polyurethane & Others 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Romania Powder Coating Market Size, By Volume, 2014-2024F ('000Tonnes) CAGR (2019E-2024F) By Value: xx% CAGR (2014-2018) By Value: xx% © TechSci Research 2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F 13

  13. REPORT ORDERING REPORT NAME: Europe Powder Coating Market Forecast and Opportunities, 2014-2024 License Type Price Single User License $3950 Multi-User License $4950 Custom Research License $8950 To View Sample OR Purchase Report © TechSci Research 14

  14. About Us & Disclaimer Partial List of Clients TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in several areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports India Paints & Coatings Market Forecast & Opportunities, 2024 • Europe Retail Analytics Market Forecast & Opportunities, 2024 • Global Phenol derivatives Market Forecast & Opportunities, 2014 – 2024 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research. However, TechSci Research does not guarantee the 15 © TechSci Research

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