Thermoset Powder Coating Market Statistic, Ongoing Trends, Applications, Business Strategy and Forecast to 2022


18 February 2019 - Global Thermoset Powder Coating Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Thermoset powder coating is a coating that provides a surface layer that is both decorative and durable. Thermosets are solid resins, when heated melt, flow and crosslink with themselves or other reactive substance to form compounds with higher molecular weight. The silicone groups, epoxy, acrylic, hydroxyl or carboxyl are the most commonly used thermoset powder coating resins.


The factors that are playing a major role in the growth of Thermoset Powder Coating Market are excellent dimensional stability, more resistant against high temperature, cost-efficient, these are hard and rigid, high mechanical property, and thin to thick wall capability. On the other hand, factors that are restraining overall market growth are these cannot be remolded or reshaped, cannot be recycled, and are difficult to surface finish.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/thermoset-powder-coating-market

Thermoset Powder Coating Market is segmented based on types, product types, types of resins, applications, and region. Types such as Bonded & Non-Bonded Powders, Epoxy Powders, Epoxy Polyester Hybrids, Polyester Powders, and Polyester TGIC Powders classify Thermoset Powder Coating Industry. Product types such as Functional Powder Coating, General Powder Coating, and others classify Thermoset Powder Coating Market.

Types of resins such as Fluoropolymer, Epoxy, Polyester, and Acrylic classify Thermoset Powder Coating Market. Applications into Appliance & Housewares, Indoor Application, Automotive Industry, Outdoor/Architectural Application, and others classify market. Thermoset Powder Coating Market is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.

Globally, North America accounts for the largest market share of the industry and is estimated to lead the overall market in the upcoming years. Europe and Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to grow at fastest pace in the upcoming years. Japan is the major consumer of Thermoset Powder Coating Market in this region.

The key players of Thermoset Powder Coating Market are Cardinal Paint, PPG Industries, Hentzen Coatings, Akzonobel, Erie Powder Coatings, Sherwin-Williams, Midwest Industrial Coatings (MICI), Axalta, Vogel Paint, Valspar Corporation, Trimite Powders, RPM International, Nortek Powder Coating, American Powder Coatings, Masco, TIGER Drylac, and 3M. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Thermoset Powder Coating in these regions, from 2012 to 2022 (forecast), covering

• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Global Thermoset Powder Coating market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• PPG Industries
• Akzonobel
• Sherwin-Williams
• Axalta(Dupont)
• Valspar Corporation
• RPM International
• American Powder Coatings
• TIGER Drylac
• 3M
• IFS Coatings
• Masco
• Nortek Powder Coating
• Trimite Powders

Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/thermoset-powder-coating-market/request-sample




Location: Štětská 3, Mastířovice, 413 01 Vrbice, Czechia

Comments

Post a Comment

Popular posts from this blog

Fuel Cell Industry Size & Share Analysis by Type and Region, Forecast Report, 2030

  The global fuel cell market size was estimated at USD 7.35 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2024 to 2030. Increasing demand for unconventional energy sources is one of the key factors driving the growth. Growing private-public partnerships and reduced environmental impact are expected to propel the demand. Governments across the globe are anticipated to supplement the developments by offering support in different forms, including funding R&D activities and funding suitable financing programs. Building a robust regulatory framework is vital as government enterprises need to provide an environment that is favorable for investment. Most of the U.S. states, such as California and New York, have set mandates to limit the carbon emissions from commercial and industrial end users in the country. This has resulted in end users opting for clean energy technologies to comply with the mandate and limit their carb...
Read more

Squalene Industry In-depth Analysis and Forecast Report, 2030

  The global squalene market was valued at approximately USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030. A significant driver of this growth is the increasing use of natural ingredients within the personal care and cosmetics industry. Squalene’s transparency, low odor, and moisturizing properties make it highly valued as an emollient. Due to its non-toxic nature, squalene is one of the most widely used ingredients in personal care products. Additionally, squalene oil is utilized in cosmetics to neutralize free radicals that can damage skin and contribute to aging. In cosmetics and personal care, squalene serves as a moisturizing and cleansing agent in a variety of products, including lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. The demand for natural and organic ingredients is increasing, which positively impacts the squalene market. Beyond cosmetics, the rising demand ...
Read more

Gardening Equipment Market Scope, Demands, Technological Development and Competitive Insights to 2025

24 th January 2022 – Global Gardening Equipment Market is anticipated to witness exponential growth in the forecast period. The factors that propel the growth of the gardening equipment market include increasing annual incomes, changing consumer lifestyle, increase in backyard cooking, expansion of modern homes and usage of gardens for hosting parties. On the other hand, there are factors that may hamper the growth of the market including disturbances in retail market for garden products and unfavorable natural calamities. Gardening equipment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Gardening equipment industry may be explored by type, end user, and geography. The market may be explored by type as Hand Tools; which may be further explored as Weeder, Paving Weeder, Fishtail Weeder, Cape Cod Weeder, Shears & Snips, Hoe and Others, Water management Equipment, Tri...
Read more