Powder Coatings Market Report 2026

The powder coatings market size has grown strongly in recent years. It will grow from $20.4 billion in 2025 to $21.91 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth in metal finishing industries, widespread use in appliances, expansion of automotive production, demand for corrosion resistant coatings, availability of powder coating equipment.

The powder coatings market size is expected to see strong growth in the next few years. It will grow to $30.28 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growth in electric vehicle manufacturing, rising environmental regulations, expansion of architectural coatings, advancements in curing technologies, demand for high performance finishes. Major trends in the forecast period include growing adoption of solvent free coatings, rising demand for durable industrial finishes, expansion in automotive and appliance coatings, increased use of thermoset powder systems, focus on high efficiency coating processes.

The powder coatings market is anticipated to experience significant growth, driven by the increasing demand in the construction sector. The construction industry, encompassing a wide array of activities related to infrastructure and building planning, design, construction, renovation, and maintenance, serves as a substantial market for powder coatings. These coatings are frequently applied to architectural elements like aluminum and steel window frames, doors, railings, and curtain wall systems. They offer a durable, weather-resistant, and aesthetically pleasing finish that enhances the visual appeal of buildings. For instance, in July 2024, according to the US Census Bureau, a US-based government agency, the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024, reflecting a notable rise in construction activity and investment in the sector. This remarkable growth in the construction sector is a key driver behind the expansion of the powder coatings market.

The powder coatings market is also set to benefit from the increasing demand in the automobile sector. The automobile industry, which encompasses various businesses and institutions engaged in vehicle creation, production, marketing, and sales, represents another significant market for powder coatings. These coatings find application in coating exterior body panels like car hoods, fenders, and doors, providing a smooth, durable, and corrosion-resistant finish that not only enhances the vehicle's appearance but also shields it from environmental elements. For example, in 2023, the global automotive sector demonstrated significant growth, with total vehicle production reaching 93,546,599 units, marking a substantial increase from the 85,016,728 units produced in 2022, as reported by the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international trade association of automobile manufacturers. Therefore, the growth in the automobile sector plays a pivotal role in driving the expansion of the powder coatings market.

Leading companies in the powder coatings market are prioritizing the development of sustainable metallic powder coatings that incorporate patented stabilized particulate technology. This innovation enhances durability, improves environmental performance, and reduces volatile organic compound (VOC) emissions, all while ensuring high-quality finishes. Patented stabilized particulate technology involves an advanced method of modifying and stabilizing particles within the coating material, enabling better control over particle distribution and performance. For example, in September 2024, Akzo Nobel N.V., a Netherlands-based company, introduced Interpon D Natural Metals, a line of metallic powder coatings. These coatings are VOC-free, reflecting AkzoNobel’s commitment to sustainability by reducing environmental impact during application and offering a healthier alternative for users. The new range includes a wide array of colors, featuring metals such as copper, brass, steel, and silver, providing architects and designers with the aesthetic flexibility of real metal finishes without the associated challenges.

Major companies operating in the powder coatings market are AkzoNobel NV, PPG Industries Inc., Sherwin-Williams Company, BASF SE, Axalta Coating Systems Ltd., Kansai Nerolac Paints Limited, Jotun Group, IFS Coatings, Valspar Corporation, Asian Paints Ltd., RPM International Inc., Dulux Powder & Industrial Coating, Protech Group, Nippon Paint Co. Ltd., Berger Paints Limited, IGP Pulvertechnik AG, TIGER Coatings GmbH & Co. KG, Cloverdale Paint Inc., Vogel Paint Inc., Hentzen Coating Inc., Alpha Coating Technologies Inc., Ferro Arte de Mexico SA de CV, TCI Powder Coatings, Prismatic Powders.

Asia-Pacific was the largest region in the powder coatings market in 2025. Western Europe was the second-largest region in the global powder coatings market. The regions covered in the powder coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the powder coatings market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The powder coating market consists of the sales of epoxies, polyesters, super durable polyesters, epoxy-polyester hybrids, fluoropolymers, and urethanes powder coatings. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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