Powder Coating Market

   2019-07-17       51        Business
Rating :
Global powder coating market size was valued US$ 10.31 and is estimated to reach US$ 16.22 at CAGR of about 5.83 % during a forecast period.

Global powder coating market size was valued US$ 10.31 and is estimated to reach US$ 16.22 at CAGR of about 5.83 % during a forecast period.

Powder Coating Market

Demand for powder coatings has increased owing to growing technological innovation and increasing demand from applications such as architectural, appliances, automotive. Advantages of powder coatings over wet paint systems such as predefined film thickness and easy rework of poorly coated areas are factors driving market demand over a forecast period. Powder coating is conservative, durable, quality membrane, perfect toughness, and scratch resistance, shine retention, waterproof and impermeable to chalking. Powder coating performs well in extreme environmental conditions. It complies with the American Automobile Manufacturers Association particulars and is an ecofriendly procedure. Powder coatings are cost-effective compare to other coatings, don't contain solvents and volatile organic compounds. Also powder coating has the ability to be recovered and reused hence reducing by product waste. These all factor drives the powder coating market.

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