The new report by Expert Market Research titled, ‘United States Powder Coatings Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the United States powder coatings market, assessing the market based on its segments like types, process types, distribution channels, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/us-powder-coatings-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 2.06 billion
• Forecast CAGR (2021-2026): 7.2%
• Forecast Market Size (2026): USD 3.12 billion
Powder coating is the process of applying powder coating to metallic surfaces to ensure high-quality finishing. Powder coating has gained popularity and has become one of the most widely used techniques for finishing automotive and other parts due to its long-lasting, robust finish and smooth texture that is resistant to corrosion.
The need for an environmentally friendly alternative to solvent-laden paints is a major factor in the growth of powder coating materials. Furthermore, Mexico’s low production costs and proximity to the United States have increased its significance as a manufacturing center for the automotive, oil and gas, electronics, personal care, and pharmaceutical sectors.
Industry Definition and Major Segments
Powder coatings are fine solids with a variety of properties, including significant hardness and abrasion resistance, corrosion, and chemical resistance.
The Thermostat market can be divided into the following segments:
• Epoxy Polyester Hybrid
The market for Thermoplastic can be divided into:
• Polyvinyl Chloride (PVC)
• Polyvinylidene Fluoride (PVDF)
The raw material of the industry consists of:
• Electrostatic Spray
• Fluidized Bed
The major applications of the market are:
• Agriculture, Construction, And Earthmoving Equipment (ACE)
• General Industrial
The leading regional markets for Powder Coatings are:
• New England
• Great Lakes
• Rocky Mountain
• Far West
The powder coating not only improves performance but also improves coating consistency and lowers coating costs because, unlike liquid coatings, overspray powder coating can be recycled and reused. However, volatile raw material prices, such as titanium dioxide, resins, and pigments, may limit market growth to some degree. Furthermore, population growth, urbanization, and rising disposable income would all contribute to increased production in the manufacturing, energy, and personal care industries in the United States.
Key Market Players
The major players in the market are Akzo Nobel NV, American Powder Coatings Inc., Axalta Coating Systems Ltd (NYSE: AXTA), BASF SE, IFS Coatings, Inc., PPG Industries, Inc., and Powder Coating USA, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: EMR Inc.
Contact Person: John Walker, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA