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The worldwide Powder coatings market was valued at US$ 8.70 Bn in 2015. In the same year, in terms of volume the powder coatings market was 2.36 Million tons.
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“ “Powder Coatings Market- Growth, Share, Opportunities & Competitive Analysis, 2018 - 2026” ” Sample Request Buy Now E-mail: sales@credenceresearch.com Ph: 1-800-361-8290 Web: http://www.credenceresearch.com
CREDENCE RESEARCH According to a new market report published by Credence Research, Inc. “Powder Coatings Powder Coatings Market Market By Architecture (Hardware Architecture, Software Architecture, Service (Communication System, Remote Terminal Unit, Programmable Logic Controller, Other Hardware), By Service (Consulting, Implementation & Integration, Repair & Maintenance), By End-user (Public Sector, Oil & Gas, Manufacturing, Energy & Utility, Transportation, Healthcare, Telecom) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023”, the global Powder Coatings market is expected to witness a steady growth, expanding at a CAGR of over 8% from 2016 to 2023. Architecture), By Hardware Browse the Powder Coatings Powder Coatings Market Competitive at https://www.credenceresearch.com/report/powder-coating-market Market- Growth, Share, Opportunities & 2016 Analysis, -2023 report Market Insights Market Insights The global powder coatings market is projected to grow significantly during the forecast period. Rising applications of powder coatings in various sectors such as automotive, furniture and appliances among others is the major factor driving the market growth. Moreover, advantages of powder coatings over traditional wet paints such as high resistance to corrosion, durability, cost-effective, and high-quality finish is another factor contributing towards the market growth. Powder coatings are environment friendly as they are solvent free thus result in negligible emissions of volatile organic compounds (VOC). Therefore, have high support from the government regulatory such as REACH and EPA, thereby fueling demand. However, application and design issues are inhibiting the market growth. High consumption of energy is another factor restraining the market growth over the next six years.. For https://www.credenceresearch.com/industry/chemicals-market Same Category Reports: Credence Research
CREDENCE RESEARCH Competitive Insights: Competitive Insights: The market is moderately fragmented with top ten participants accounted for 45% share of the global market in 2015. AkzoNobel, PPG, Sherwin Williams and Axalta are some of the prominent players present in this market. To increase their foothold in the market companies are focusing on various product innovation. Some of the others key players present in this market are Jotun, BASF and Nippon Paint among others.. Key Trends: Key Trends: Introduction of Cloud-based Powder Coatings solutions and services has become an major trend fueling the market growth Increasing number of strategic partnership among major players Growing deployment of smart water network Browse the Powder Coatings Powder Coatings Market Competitive at https://www.credenceresearch.com/report/powder-coating-market Market- Growth, Share, Opportunities & 2016 Analysis, -2023 report Latest Reports: Latest Reports: Mining Mining https://www.credenceresearch.com/report/mining-chemicals-market Chemicals Chemicals M Market arket: : Blog: NewsAmaze Credence Research
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