Energy Efficient Powder Coatings Market 2019-2025; Growth Forecast & Industry Share Report
North America energy efficient powder coatings market has a significant share with growing heavy machinery and manufacturing industry. Europe has shown growth in powder coating with prevalent construction industry
Delaware, United State – June 11, 2019 /MarketersMedia/ —
Energy Efficient Powder Coatings Market size will witness a steady growth owing to its increased application in automobile, transportation, electrical and furniture industry. It lowers the baking temperature of oven, thereby reducing the energy consumption. Less energy utilization for finishing on heat sensitive substrates are expected to propel energy efficient powder coatings market.
Growing furniture industry has propelled energy efficient powder coatings market. These are mostly used when component range is quite heterogeneous. If component range varies, there is a risk of discolouration due to high peak temperature. This risk can be reduced with their use as it reduces peak temperature.
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The product increases the line speed, thus decreasing the throughput time. Further, it is used in for metallic substrates, timber derivatives and plastic components that cannot be exposed to high temperature that in turn is anticipated to propel energy efficient powder coatings market during forecast period.
Epoxy-polyester has its application in electrical, agricultural, automobile and heavy-duty equipment and has substantial market share owing to its shock resistant and corrosion resistant properties. Polyester has a moderate share in energy efficient powder coatings market with use in furniture and auto parts industry owing to good colour, weather resistance and gloss retention on outdoor exposure.
The Energy Efficient Powder Coatings Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Energy Efficient Powder Coatings Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Energy Efficient Powder Coatings Product Insights
5. Energy Efficient Powder Coatings Application Insights
6. Energy Efficient Powder Coatings Regional Insights
7. Competitor Profiles
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Epoxy-polyester has its application in electrical, agricultural, automobile and heavy-duty equipment and has substantial market share owing to its shock resistant and corrosion resistant properties. Polyester has a moderate share in energy efficient powder coatings market with use in furniture and auto parts industry owing to good colour, weather resistance and gloss retention on outdoor exposure.
The product is used in various segments including, furniture, automobile & transportation, electrical, agricultural, aerospace, household and consumer goods. Automobile and transportation holds major market share with its usage in auto parts, gearboxes, frame rim and chassis. Electrical segment has substantial share owing to its application for insulators.
1. Energy Efficient Powder Coatings Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Energy Efficient Powder Coatings growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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Energy efficient powder coatingse market is consolidated with the presence of few big companies holding a large industry share. Major players are AkzoNobel, Jotun, BASF, IGP, PPG Industries, TCI, Kansai Paints, Axalta, Asian Paints, Berger Paints. Companies are heavily investing in research & development activities, mergers, acquisitions and new product launch to increase their share in industry. for instance, AkzoNobel is planning to increase its industry share by separating its two business focussed on speciality chemicals and paints. This would help in reducing their uncertainties & risks and become more focussed.
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