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Low Temperature Powder Coatings Market

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    Report

  • 119 Pages
  • December 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5724145
The global low temperature powder coatings market size is expected to reach USD 135.63 million by 2032, according to a new study. The report “Low Temperature Powder Coatings Market Share, Size, Trends, Industry Analysis Report, By Resin (Hybrid, Polyester, Epoxy, and Others); By Substrate; By End-Use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

A rapid surge in the demand for medical devices and increasing production of automobiles in developing nations such as India, Brazil, and China & high adoption of furniture products across the globe on account of its excellent performance, color availability, low operational costs, and anti-bacterial functions are key major factors projected to boost the growth of the global market over the course of the anticipated period.

In addition, increasing investment by key market companies in research & development activities to introduce innovative and improved products to the market is fueling the market growth. For instance, in October 2022, Allnex, announced the opening of its new R&D center in Wendorf, Austria, to develop new low-VOC, waterborne & and VOC-complaint resins & and additives for the coating’s offerings.

Furthermore, low temperature powder coatings are eco-ecofriendly, as it does not contain any solvents and release very little and no amount of volatile organic compounds into the atmosphere. Powder coatings are also being recognized for their circular traits because of their ability to limit spray waste and further reduce emissions of carbons owing to saved energy during processing.

Low-temperature powder coatings have 25 to 60% less Co2 emissions than other conventional solvent-borne coatings. There is also no need to remove hazardous solvents and do not have sludge or waste to remove, due to which, it is gaining high popularity among various industries and is likely to grow significantly.

Low Temperature Powder Coatings Market Report Highlights

  • Polyester segment accounted for a significant market share in 2022 owing to its wide range of benefits such as chemical resistance, quick reliance, and temperature resistance
  • Non-metallic segment held the largest market revenue share in 2022 and is expected to grow significantly over the forecast period due to its properties including better resistance and a longer lifespan
  • Consumer goods emerged as the largest segment in the global market on account of increasing urbanization, high living standards, and increased consumer purchasing power.
  • North America is expected to grow at a considerable CAGR during the projected period, which is accelerated by the rapid increase in the production of automobiles and high investment in research & development activities
  • The global market players include PPG Industries, AkzoNobel N.V., Berger Paints India Limited, RPM International, and Marpol Private Ltd.

The publisher has segmented the low temperature powder coatings market report based on resin, substrate, end-user, and region:

Low Temperature Powder Coatings, Resin Outlook (Revenue - USD Million, 2019-2032)

  • Hybrid
  • Polyester
  • Epoxy
  • Others

Low Temperature Powder Coatings, Substrate Outlook (Revenue - USD Million, 2019-2032)

  • Metal
  • Non-metal

Low Temperature Powder Coatings, End-Use Outlook (Revenue - USD Million, 2019-2032)

  • Furniture
  • Automobile
  • Electronics
  • Medical
  • Retail
  • Appliances
  • Consumer Goods
  • Others

Low Temperature Powder Coatings, Regional Outlook (Revenue - USD Million, 2019-2032)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Low Temperature Powder Coatings Market

What is the estimated value of the Low Temperature Powder Coatings Market?

The Low Temperature Powder Coatings Market was estimated to be valued at $103.14 million in 2023.

What is the growth rate of the Low Temperature Powder Coatings Market?

The growth rate of the Low Temperature Powder Coatings Market is 3.1%, with an estimated value of $135.63 million by 2032.

What is the forecasted size of the Low Temperature Powder Coatings Market?

The Low Temperature Powder Coatings Market is estimated to be worth $135.63 million by 2032.

Who are the key companies in the Low Temperature Powder Coatings Market?

Key companies in the Low Temperature Powder Coatings Market include PPG Industries Inc., Sherwin, Williams Company, BASF SE, Arkema S.A., Bayer AG, Valspar, Akzo Nobel N.V. and Axalta Coatings System.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary
2.1. Market Highlights

3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources

4. Global Low Temperature Powder Coatings Market Insights
4.1. Low Temperature Powder Coatings - Industry Snapshot
4.2. Low Temperature Powder Coatings Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rapid growth in the non-residential sectors
4.2.1.2. Technological advancement
4.2.2. Restraints and Challenges
4.2.2.1. High-priced product in price-competitive market
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Low Temperature Powder Coatings Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Low Temperature Powder Coatings Market, by Resin
5.1. Key Findings
5.2. Introduction
5.2.1. Global Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
5.3. Hybrid
5.3.1. Global Low Temperature Powder Coatings Market, by Hybrid, by Region, 2019-2032 (USD Million)
5.4. Polyester
5.4.1. Global Low Temperature Powder Coatings Market, by Polyester, by Region, 2019-2032 (USD Million)
5.5. Epoxy
5.5.1. Global Low Temperature Powder Coatings Market, by Epoxy, by Region, 2019-2032 (USD Million)
5.6. Others
5.6.1. Global Low Temperature Powder Coatings Market, by Others, by Region, 2019-2032 (USD Million)
5.6.2.

6. Global Low Temperature Powder Coatings Market, by Substrate
6.1. Key Findings
6.2. Introduction
6.2.1. Global Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
6.3. Metal
6.3.1. Global Low Temperature Powder Coatings Market, by Metal, by Region, 2019-2032 (USD Million)
6.4. Non-metal
6.4.1. Global Low Temperature Powder Coatings Market, by Non-metal, by Region, 2019-2032 (USD Million)

7. Global Low Temperature Powder Coatings Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
7.3. Furniture
7.3.1. Global Low Temperature Powder Coatings Market, by Furniture, by Region, 2019-2032 (USD Million)
7.4. Automotive
7.4.1. Global Low Temperature Powder Coatings Market, by Automotive, by Region, 2019-2032 (USD Million)
7.5. Electronics
7.5.1. Global Low Temperature Powder Coatings Market, by Electronics, by Region, 2019-2032 (USD Million)
7.6. Medical
7.6.1. Global Low Temperature Powder Coatings Market, by Medical, by Region, 2019-2032 (USD Million)
7.7. Retail
7.7.1. Global Low Temperature Powder Coatings Market, by Retail, by Region, 2019-2032 (USD Million)
7.8. Appliances
7.8.1. Global Low Temperature Powder Coatings Market, by Appliances, by Region, 2019-2032 (USD Million)
7.9. Consumer Goods
7.9.1. Global Low Temperature Powder Coatings Market, by Consumer Goods, by Region, 2019-2032 (USD Million)
7.10. Others
7.10.1. Global Low Temperature Powder Coatings Market, by Others, by Region, 2019-2032 (USD Million)

8. Global Low Temperature Powder Coatings Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Low Temperature Powder Coatings Market Assessment, By Geography, 2019-2032 (USD Million)
8.3. Low Temperature Powder Coatings Market - North America
8.3.1. North America: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.3.2. North America: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.3.3. North America: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.3.4. Low Temperature Powder Coatings Market - U.S.
8.3.4.1. U.S.: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.3.4.2. U.S.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.3.4.3. U.S.: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.3.5. Low Temperature Powder Coatings Market - Canada
8.3.5.1. Canada: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.3.5.2. Canada.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.3.5.3. Canada: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4. Low Temperature Powder Coatings Market - Europe
8.4.1. Europe: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.2. Europe.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.3. Europe: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.4. Low Temperature Powder Coatings Market - UK
8.4.4.1. UK: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.4.2. UK.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.4.3. UK: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.5. Low Temperature Powder Coatings Market - France
8.4.5.1. France: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.5.2. France.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.5.3. France: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.6. Low Temperature Powder Coatings Market - Germany
8.4.6.1. Germany: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.6.2. Germany.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.6.3. Germany: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.7. Low Temperature Powder Coatings Market - Italy
8.4.7.1. Italy: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.7.2. Italy.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.7.3. Italy: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.8. Low Temperature Powder Coatings Market - Spain
8.4.8.1. Spain: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.8.2. Spain.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.8.3. Spain: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.9. Low Temperature Powder Coatings Market - Netherlands
8.4.9.1. Netherlands: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.9.2. Netherlands.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.9.3. Netherlands: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.4.10. Low Temperature Powder Coatings Market - Russia
8.4.10.1. Russia: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.4.10.2. Russia.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.4.10.3. Russia: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5. Low Temperature Powder Coatings Market - Asia Pacific
8.5.1. Asia Pacific: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.2. Asia Pacific.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.3. Asia Pacific: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.4. Low Temperature Powder Coatings Market - China
8.5.4.1. China: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.4.2. China.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.4.3. China: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.5. Low Temperature Powder Coatings Market - India
8.5.5.1. India: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.5.2. India.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.5.3. India: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.6. Low Temperature Powder Coatings Market - Malaysia
8.5.6.1. Malaysia: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.6.2. Malaysia.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.6.3. Malaysia: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.7. Low Temperature Powder Coatings Market - Japan
8.5.7.1. Japan: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.7.2. Japan.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.7.3. Japan: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.8. Low Temperature Powder Coatings Market - Indonesia
8.5.8.1. Indonesia: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.8.2. Indonesia.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.8.3. Indonesia: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.5.9. Low Temperature Powder Coatings Market - South Korea
8.5.9.1. South Korea: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.5.9.2. South Korea.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.5.9.3. South Korea: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.6. Low Temperature Powder Coatings Market - Middle East & Africa
8.6.1. Middle East & Africa: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.6.2. Middle East & Africa.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.6.3. Middle East & Africa: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.6.4. Low Temperature Powder Coatings Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.6.4.2. Saudi Arabia.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.6.4.3. Saudi Arabia: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.6.5. Low Temperature Powder Coatings Market - UAE
8.6.5.1. UAE: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.6.5.2. UAE.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.6.5.3. UAE: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.6.6. Low Temperature Powder Coatings Market - Israel
8.6.6.1. Israel: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.6.6.2. Israel.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.6.6.3. Israel: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.6.7. Low Temperature Powder Coatings Market - South Africa
8.6.7.1. South Africa: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.6.7.2. South Africa.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.6.7.3. South Africa: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.7. Low Temperature Powder Coatings Market - Latin America
8.7.1. Latin America: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.7.2. Latin America.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.7.3. Latin America: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.7.4. Low Temperature Powder Coatings Market - Mexico
8.7.4.1. Mexico: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.7.4.2. Mexico.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.7.4.3. Mexico: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.7.5. Low Temperature Powder Coatings Market - Brazil
8.7.5.1. Brazil: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.7.5.2. Brazil.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.7.5.3. Brazil: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)
8.7.6. Low Temperature Powder Coatings Market - Argentina
8.7.6.1. Argentina: Low Temperature Powder Coatings Market, by Resin, 2019-2032 (USD Million)
8.7.6.2. Argentina.: Low Temperature Powder Coatings Market, by End-Use, 2019-2032 (USD Million)
8.7.6.3. Argentina: Low Temperature Powder Coatings Market, by Substrate, 2019-2032 (USD Million)

9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles
10.1. PPG Industries
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Sherwin-Williams Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. BASF SE
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Arkema
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Bayer AG
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Valspar
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Akzo Nobel
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. DSM
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Axalta Coatings System
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Jotun A/S
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. KAPCI Coatings
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Kansai Paint
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Nippon Paint
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Berger Paints
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. SOMAR
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. RPM International
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. Dulux Group
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development
10.18. Marpol Private
10.18.1. Company Overview
10.18.2. Financial Performance
10.18.3. Product Benchmarking
10.18.4. Recent Development

Companies Mentioned

  • PPG Industries Inc.
  • Sherwin-Williams Company
  • BASF SE
  • Arkema S.A.
  • Bayer AG
  • Valspar
  • Akzo Nobel N.V.
  • DSM
  • Axalta Coatings System
  • Jotun A/S
  • KAPCI Coatings
  • Kansai Paint Co. Ltd.
  • Nippon Paint
  • Berger Paints India Limited
  • SOMAR
  • RPM International
  • DuluxGroup Limited
  • Marpol Private Limited.