Press Release

Powder coatings are solvent-free coatings with negligible Volatile Organic Compounds (VOC) emissions that makes them environment-friendly. Powder coatings provide economical, long–lasting and durable quality finish for metal parts and products. They also exhibit properties such as superior durability, scratch resistance, gloss retention, and resistance to chalking. These coatings are applied on metal parts exposed to extreme weather conditions.  Powder coatings are cost-efficient and are recyclable for use thereby, reducing the overall costs. Powder coatings market have controlled film thickness and provides easy rectification of poorly coated areas that makes them a preferred choice for various end-use applications.

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Powder coatings are used in door handles, rims, under hood components thereby providing superior finish and texture. Powder coatings constitute polymer resin systems combined with curatives, pigments, leveling agents, flow modifiers and other additives such as tin pigments and extenders. These ingredients are melted, mixed, cooled and ground into a uniform powder. The powder may be thermoplastics or thermoset polymer.

Resins used are polyester and epoxy. Curing agents are added to bind the coatings. The application of this powder on to a metal surface is done by a process called electrostatic spray deposition (ESD). Thus, a spray gun is used, which applies an electrostatic charge to the powder particles, which are then attracted to the grounded part. The parts then enter a curing oven where, coupled with heat, the coating chemically reacts to produce long molecular chains, resulting in high cross-link density. This type of application is the most common method of applying powders.  They can also be applied to non-metallic substrates such as plastics and medium density fiberboard (MDF).

Market Dynamics

The global powder coatings market is expected to witness significant growth during the forecast period (2017-2023) owing to its high resistance to corrosion, high-quality finish and abrasion, durability, cost effective and reduced processing time. Based on resin type, thermoset resin is estimated to grow at a robust pace in the global powder coatings market during the forecast period. By application, the appliance is expected to generate the highest revenue in the global powder coatings market.

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Competitive Landscape

Some of the key players in the global powder coatings market include AkzoNobel, PPG Industries, Inc., Sherwin Williams Company, Axalta Coating Systems Ltd., BASF SE, Nippon Paint Holdings Co., ltd, DuPont, Jotun A/S and Asian Paints Limited

Market Segmentation

By Resin

  • Thermoplastic
    • Nylon
    • Polyolefin
    • Polyvinyl chloride (PVC)
    • Polyvinyl fluoride (PVF)
  • Thermoset
    • Polyester
    • Epoxy polyester hybrid
    • Epoxy
    • Acrylic
    • Polyurethane
    • Others (Fluoropolymer)

By coating method

  • Electrostatic spray
  • Hydrolysis

By application

  • Architecture
  • Appliances
  • General industrial
  • Automotive
  • Wood and furniture
  • Others

By substrate 

  • Metallic
  • Non-metallic

By regions 

  • Asia-Pacific
    • China
    • Japan
    • India
    • Thailand
    • Others
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K
    • France
    • Italy
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
  • Latin America
    • Brazil
    • Argentina

This post was originally published on Crypto Coin Guardian