Global Powder Coatings Market Report and Forecast 2025-2034

Key Trends in the Market

Powder coating refers to a finely pulverised polymeric composition that flows and melts at elevated temperatures, producing a smooth coated surface. The coating is used for creating a hard finish and is tougher than conventional paint. They also impart significant resistance to corrosion, chemicals, and abrasions as compared to liquid coatings.

• Bolstering demand for medical devices owing to rising aging population and increasing prevalence of chronic health conditions including diabetes, cancer, arthritis, and heart conditions is aiding the powder coatings market growth. Medical grade powder coatings are antimicrobial and promote a hygienic and sterile environment.

• Increasing environmental awareness and concerns are propelling the demand for powder coatings. This growth in demand can be attributed to cost effective and environment friendly nature of the coatings due to the absence of heavy metals including lead and cadmium, among others.

• The expansion of the automotive sector owing to improvements in supply challenges and rising demands is providing lucrative growth opportunities to the market. Powder coatings are used for changing the colour of body panels and wheels. Due to their ability to provide durable and protective finishes, they are often used for coating radiators, shock absorbers, door handles, engine blocks, and mirror frames, among others.

Global Powder Coatings Market Segmentation

Market Share by End Use

Appliances are expected to account for a significant powder coatings market share. Powder coatings offer unique colours and finishes to the appliances while providing them with resistance against corrosion and ultraviolet radiations and durability. From cooking and cleaning to washing, appliances are used day in, and day out and therefore require extra protection. From industrial to home, powder coatings meet the different requirements of various environments, ensuring the durability of the appliances.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Share by Region

The Asia Pacific is anticipated to account for a significant share of the market over the forecast period. This growth can be attributed to the increasing initiatives by various governments in the region to promote the utilisation of eco-friendly coatings such as powder coatings for architectural and general industrial applications. The expansion of the automotive sector along with increasing innovation are also bolstering the powder coatings market demand in the Asia Pacific.

Competitive Landscape

Other powder coatings market key players include IFS Coatings, Inc., PPG Industries, Inc., Arkema S.A., The Sherwin-Williams Company, Cardinal Paint and Powder, Inc., IGP Pulvertechnik AG, Jotun A/S, National Paints Factories Co. Ltd., and TIGER Coatings GmbH & Co. KG, among others.