1 / 7

North America Powder Coatings Market To Hit USD 3.4 Bn By 2027

North America Powder Coatings Market To Hit USD 3.4 Bn By 2027. Thanks to growing technological breakthroughs, North America powder coatings industry is progressing forward with a healthy pace. Additional cumulative requirements from application fields such as automotive, architecture, agriculture, earthmoving equipment, construction, and general industries, the demand for powder coatings has increased significantly. Kansai Paints, RPM International, The Sherwin-Williams Company, AkzoNobel N.V., Asian Paints, PPG Industries, Dupont Coating & Colour Technologies Group, BAS, and Axalta Coating S

Download Presentation

North America Powder Coatings Market To Hit USD 3.4 Bn By 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. North America Powder Coatings Market To Witness Accelerated Growth by 2027 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. North America Powder Coatings Market To Hit USD 3.4 Bn By 2027. Thanks to growing technological breakthroughs, North America powder coatings industry is progressing forward with a healthy pace. Additional cumulative requirements from application fields such as automotive, architecture, agriculture, earthmoving equipment, construction, and general industries, the demand for powder coatings has increased significantly. Kansai Paints, RPM International, The Sherwin-Williams Company, AkzoNobel N.V., Asian Paints, PPG Industries, Dupont Coating & Colour Technologies Group, BAS, and Axalta Coating System are counted amongst the top powder coatings manufacturers in North America. It is estimated that North America powder coatings market size will be valued at $3.40 billion by 2027. Powder coating has gained popularity as one of the most common methods for finishing automotive parts, due to its long-lasting, robust finish and smooth, corrosion-resistant texture. The need for an environmentally benign alternative to solvent-based paints was a significant driving force behind the development of sustainable powder coating materials. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ • https://www.graphicalresearch.com/request/2032/sample • Request for customization @ • https://www.graphicalresearch.com/request/2032/customize-this-report ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. North America powder coatings industry share from the automotive and transportation components application segment was worth more than $425 million in 2020. Powder coating is used in various automotive components such as springs, chassis, electrical components, engine blocks, headlamp reflectors, interior car components, and others. The well-established automotive sector in Canada and the United States are likely to offer lucrative market growth prospects to industry leaders in the coming years. North America powder coatings industry share from the metals segment is expected to be valued at $3.2 billion by 2027. Metallic components are in higher demand in a variety of industries, including automotive, medical, architectural, agriculture, and construction. In a range of industrial coating applications, powder coating is seen as a long-term solution. Two significant drivers of product adoption are the increased market demand for sustainable solutions and enhanced performance expectancy. Ongoing industrial production activity in the United States and Canada is projected to raise the demand for powder coating process. North America powder coatings market share from the non-metal substrate segment accounted for $110 million in 2020 and it is expected to observe significant growth over the next five years. Nonmetal substrates, such as composites, glass, and wood plastic layer, are expected to be high demand in the near future. Addressing the spiraling demand from the market, industry leaders have launched innovative products to the market. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Segments of North America Powder Coatings Market ; • North America Market, By Resin • Thermoplastic • Nylon • Others (PVC, Polyolefin, ABS, Polycarbonate) • Thermoset • Epoxy • Polyester • Polyurethane • Acrylic • Epoxy polyester hybrid • Fusion bonded epoxy ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

More Related