In 2018, Low Temperature Powder Coatings Market Size was estimated to be around USD 3.6 billion and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.

Global Low Temperature Powder Coatings Market Growth Opportunities (Revenue, Growth) By 2017-2025

Low temperature powder coatings are best suited for coat heat-sensitive substances. They help in achieving ultra-low temperature while forming a coating film. The higher stability of low temperature powder coatings makes them suitable for use in a number of industries for end number of purposes.

Market Dynamics

In 2018, low temperature powder coatings market was estimated to be around USD 3.6 billion and is expected to grow significantly over the forecast period. Higher demand of low temperature powder coatings by various industries such as medical, electronics and automotive due to their efficiency to get fitted for a number of purposes is expected to drive the growth of low temperature powder coatings market over the forecast period. Another significant reason for the growth of low temperature powder coatings market is it requires less energy and ability to cure temperature, which makes it ideal for multiple tasks. Significant advancements in low temperature powder coatings in the recent years has also boosted up its demand and is expected to be playing major role in the growth of low temperature powder coatings market. Furthermore, the efficiency of low temperature powder coatings to produce thick coatings and negligible volatile organic compound release is expected to contribute greatly in the growth of low temperature powder coatings market in the upcoming years.

Segment Analysis 

Among substrates, non-metal segment is anticipated to hold the major market share in the global low temperature powder coatings market due to escalation in demand of novel and sustainable coating products. The capability of non-metal substrates to get easily compatible with various materials such as plastics, glass, wood, and others make them an ideal powder coating choice in a number of industries.

Among end-use industries, automotive industry, followed by furniture is expected to be the fastest growing segment in the global low temperature powder coatings market over the forecast period. The rising demand of sustainable and long-last coatings by automotive industry to paint several heat sensitive automobiles is aiding to the growth of the segment.

Regional Analysis                                                                                              

Asia Pacific is expected to be holding the major revenue share in the global low temperature powder coatings market owing to powder low labor cost in the region, coupled with easily available raw materials for the production of low temperature coatings. The increasing demand of low temperature powder coatings in Asia Pacific due to flourishing automotive and furniture industry in the region, due to increase in population is expected to boost the growth of low temperature powder coatings market in Asia Pacific. Rise in number of market players who are producing powder coating in the region is also a significant reason for the anticipated growth of low temperature powder coatings during the forecast period.

Global Low Temperature Powder Coatings Market Size, Share Analysis By Region 2017

North America is expected to be the fastest growing region in the global low temperature powder coatings market, due to increasing industrialization and growth in Automotive, Medical, Furniture, Electronics, Others industries of the region. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.

Global Low Temperature Powder Coatings Market Study Objective

1. To forecast the market size of low temperature powder coatings market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of low temperature powder coatings market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of low temperature powder coatings market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of low temperature powder coatings market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the low temperature powder coatings market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of low temperature powder coatings market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of low temperature powder coatings market commercially.

Key Players

Major players performing in low temperature powder coatings market include The Sherwin-Williams Company, Axalta Coating Systems LLC., Teknos Group, Protech Powder Coatings Inc., Akzo Nobel N.V., CIN Industrial Coatings, Tulip Paints, Forrest Technical Coatings, and Platinum Phase Sdn Bhd.

Global Low Temperature Powder Coatings Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.

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