The United States powder coatings market attained a value of USD 2.06 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of around 7.2% to reach USD 3.12 billion by 2025. The rapidly growing automotive manufacturing industry in the United States is expected to increase the product demand in many applications such as door handles, rims, and vehicle caps.
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Properties and Applications
Powder coating are fine solids with different properties, including substantial toughness and abrasion resistance, corrosion, as well as chemicals. It meets various end-user industries specifications like endless colour range choices, high and low gloss, transparent and metallic finishes, and choices of texture including roughness, smooth surfaces, wrinkled, and matt finishes to cover the surface imperfection. The powder coating not only optimizes performance but also increases coating quality and lowers coating costs because over-spray powder coating in contrast with liquid coatings can be recycled and reused.
Based on the resin type, the market can be divided into thermoset and thermoplastic.
Thermoset can be further divided into:
Thermoplastic is further segmented into:
Coating methods can be divided into:
The market can be broadly categorised based on its applications into:
Architectural is further classified into thermoplastic and thermosetting.
The EMR report looks into the regional markets of powder coatings in the United States like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
Enhanced product utilization could be attributed to a superior finish than liquid paints. Therefore, the demand for domestic appliances, including washing machine, freezer, and the microwave oven will possibly increase the demand for powder coating in these applications. The Clean Air Act of 1970 limited the use of liquid products in the United States automobile and chemical production due to its high levels of VOC pollution and negative environmental effects, which is propelling the growth of the United States powder coatings industry.
In addition, population growth, urbanisation, as well as the growing disposable revenues have played a significant role in the increased production in the construction, electricity, and personal care industries in the United States.
The report presents a detailed analysis of the following key players in the United States powder coatings industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 United States Powder Coatings Market Analysis
6.1 United States Powder Coatings Historical Market (2014-2018) & Forecast (2019-2024)
6.2 Chart: United States Powder Coatings Market Breakup by Resin Type
220.127.116.11 Epoxy polyester hybrid
18.104.22.168 Polyvinyl chloride (PVC)
22.214.171.124 Polyvinylidene fluoride (PVDF)
6.3 Figure: United States Powder Coatings Market Breakup by Resin Type: Historical Market (2014-2018) & Forecast (2019-2024)
126.96.36.199 Epoxy polyester hybrid
188.8.131.52 Polyvinyl chloride (PVC)
184.108.40.206 Polyvinylidene fluoride (PVDF)
6.4 Chart: United States Powder Coatings Market Breakup by Coating Method
6.4.1 Electrostatic Spray
6.4.2 Fluidized bed
6.5 Figure: United States Powder Coatings Market Breakup by Coating Method: Historical Market (2014-2018) & Forecast (2019-2024)
6.5.1 Electrostatic Spray
6.5.2 Fluidized bed
6.6 Chart: United States Powder Coatings Market Breakup by Application
6.6.5 Agriculture, Construction, And Earthmoving Equipment (ACE)
6.6.6 General Industrial
6.7 Figure: United States Powder Coatings Market Breakup by Application: Historical Market (2014-2018) & Forecast (2019-2024)
6.7.5 Agriculture, Construction, And Earthmoving Equipment (ACE)
6.7.6 General Industrial
6.8 Chart: United States Powder Coatings Market by Region
6.8.1 New England
6.8.3 Great Lakes
6.8.7 Rocky Mountain
6.8.8 Far West
6.9 Figure: United States Powder Coatings Market by Region: Historical Market (2014-2018) & Forecast (2019-2024)
6.9.1 New England
6.9.3 Great Lakes
6.9.7 Rocky Mountain
6.9.8 Far West
7 Price Analysis
7.1 United States of America Powder Coatings Price Trends
8 SWOT Analysis
9 Porter’s Five Forces Analysis
9.2 Buyer’s Power
9.3 Supplier’s Power
9.4 New Entrants
9.5 Degree of Rivalry
10 EMR’s Key Indicators for Demand
11 EMR’s Key Indicators for Price
12 Competitive Landscape & Supplier Analysis
12.1 Akzo Nobel NV (AMS: AKZA)
12.1.1 Company Overview
12.1.2 Financial Analysis
12.2 American Powder Coatings Inc.
12.2.1 Company Overview
12.2.2 Financial Analysis
12.3 Axalta Coating Systems Ltd (NYSE: AXTA)
12.3.1 Company Overview
12.3.2 Financial Analysis
12.4 BASF SE (ETR: BAS)
12.4.1 Company Overview
12.4.2 Financial Analysis
12.5 IFS Coatings, Inc.
12.5.1 Company Overview
12.5.2 Financial Analysis
12.6 PPG Industries, Inc. (NYSE: PPG)
12.6.1 Company Overview
12.6.2 Financial Analysis
12.7 Powder Coating USA, Inc.
12.7.1 Company Overview
12.7.2 Financial Analysis
13 Events and Developments
Additional Customization Available:
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Production Cost Analysis
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
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