Scienza e Tecnologia
Low Temperature Powder Coatings Market worth $116 million by 2027 - Exclusive Report by MarketsandMarkets™
Based on resin type, The hybrid segment is projected to be the largest resin type during the forecast period. Low temperature powder coatings based on hybrid resin has good physical properties with high-performance features along with low cure temperature for coating applications in the furniture, automotive, electronics, retail, and other industries.
Based on end – use, furniture segment is estimated to account for the largest share of the market during the forecast period. The growth of the infrastructure sector and the development of the furniture industry in the Asia Pacific region are expected to boost the low temperature powder coatings market in the region. China and India are likely to generate a positive impact on the market in the furniture end-use industry.
Asia Pacific is the fastest-growing market for low temperature powder coatings mainly due to the high economic growth, and heavy investment in industries such as automotive, electronics, and furniture. PPG Industries Inc. (US), Sherwin-Williams Company (US), AkzoNobel N.V. ( Netherlands ) and other leading global players are adopting various strategies to increase their market share in the global low temperature powder coatings market.
Major players operating in the global include PPG Industries Inc. (US), Sherwin-Williams Company (US), Axalta coating system (US).
By Composition (Monomers, Oligomers), Type (Wood Coatings, Plastic Coatings, Overprint Varnish, Display Coatings), End-Use Industry (Industrial Coatings, Electronics, Graphic Arts), Region - Global Forecast To 2025
by Resin Type (Epoxy, Silicone, Poyester, Acrylic, Alkyd & Others), by Technology (Water, Solvent, & Powder), by Application (Petrochemical, Metal, Stoves, Marine, Automotive, Coil, Aerospace) & by Region - Global Forecast to 2020
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