Increasing opportunity and application innovation has lured new participants to the world powder coating markets and escalated competitive pricing in the process. Promising new applications, such as wood substrates coating and automotive body clearcoats, have forged new market segments. Combined with increasing application efficiency and decreasing application costs, powder coating markets are projected to become a viable alternative to liquid coating. This Frost & Sullivan report includes coverage of the competitive environment, market drivers and restraints, revenue forecasts, and much more.