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Global Powder Coatings Market Overview:
Market Research Future (MRFR) expects the
Powder Coatings Market to project a growth rate of 6.38% while garnering a strong valuation of USD 17,544.5 Million between 2019 and 2025 (evaluation period).
Powder Coatings have considerable durability and possess excellent properties including resistance to corrosion, scratching, chemicals and abrasion. Powder Coatings are reusable and therefore, facilitate cost cutting. They also provide optimum compliance with the evolving environmental policies since they do not contain any solvents, which raises the preference for the same over liquid coatings.
Powder Coatings are witnessing significant growth in demand worldwide owing to the surge in sustainable and green construction and the fact that a number of reputed players are indulging in intense competition to gain a higher foothold in the global market. Some of these players are AkzoNobel, BASF, Axalta, PPG Industries, Henkel, Valspar, She