Powder Coatings Market Growing Environmental Concerns to Augur well For the Market says Fortune Business Insights

Nachrichtenquelle: PR Newswire (engl.)
02.04.2020, 15:30  |  133   |   |   

PUNE, India, April 2, 2020 /PRNewswire/ --  The global powder coatings market size is predicted to reach USD 15 billion by 2026, exhibiting a CAGR of 6.8% during the forecast period. The growing shift from liquid coatings to powder coating owing to its safe and anti-hazardous waste factor will fuel the demand for powder coatings, which in turn will boost the powder coatings market growth in the forthcoming years.

Powder Coatings Market Analysis, Insights and Forecast, 2015-2026

As the solvent used in liquid coatings produce harmful fumes and the used solvents are considered as hazardous waste. Also discarded liquid coatings should be disposed of properly which can be an expensive and time-consuming process. This, factor will play a critical role in propelling the growth of the market.

According to the report published by Fortune Business Insights, titled "Powder Coatings Market Size, Share & Industry Analysis, By Resin (Thermoset {Epoxy Polyester, Polyester, Epoxy, Polyurethane, Acrylic, and Others}, and Thermoplastic {Polyvinyl chloride (PVC), Nylon, Polyolefin, and Polyvinyl Fluoride (PVF)}), By Coating Method (Electrostatic Spray, Fluidized Bed, and Others), By Application, and Regional Forecast, 2019-2026." The market stood at USD 8.98 billion in 2018.

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/powder-coatings-market-102139

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/powder-coatings-market-102139

Competitive Landscape:

Launch of Interpon Low-E Products by AkzoNobel N.V to Enable Market Growth

AkzoNobel N.V unveiled its first Low-E products. The coarse texture range includes range a of smooth finishes in Interpon 610. The specially engineered Low-E products will offer curing at temperatures lower than the current standard of 180-190°C, the new offering is TGIC-free polyester will also help save energy and aid customers to improve their efficiency. The lauch of the Low-E products is predicted to spur sales opportunities for the powder coatings market share during the forecast period owing to its design for wide range of applications such as industrial manufacturers of steel constructions, street and garden furniture, and agricultural and construction equipmen

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