Powder Coatings: Global Strategic Business Report

Global Powder Coatings Market to Reach $15.4 Billion by 2030

The global market for Powder Coatings estimated at US$11.3 Billion in the year 2022, is projected to reach a revised size of US$15.4 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030. Thermoset Powder Coatings, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$9.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermoplastic Powder Coatings segment is readjusted to a revised 2.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 6.9% CAGR

The Powder Coatings market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Select Competitors (Total 31 Featured) -

• Akzo Nobel NV
• Arkema Group
• Axalta Coating Systems
• Eastman Chemical Company
• Evonik Industries AG
• Nippon Paint Co., Ltd.
• PPG Industries, Inc.
• The Sherwin-Williams Company
• The Valspar Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year