Press release
Low Temperature Powder Coatings Market worth $116 million by 2027 | Key players PPG Industries Inc. (US), Sherwin-Williams Company (US), Axalta coating system (US).
According to recent market research the "Low Temperature Powder Coatings Market by Substrate (Metal, Non-metal), Resin (Hybrid, Polyester, Epoxy), and End-Use (Furniture, Appliances, Automotive, Medical, Retail, Electronics), and Region - Global Forecast to 2027", Low temperature powder coatings market size is projected to reach USD 116 million by 2027 from USD 97 million in 2021 growing at a CAGR of 3.0%. The low temperature powder coatings technology continues to develop, it is expected to substitute the existing coating technologies. The global market for low temperature powder coatings is anticipated to increase because of the increasing application of low temperature powder coating in a variety of end use industries, including automotive and electronics. For the surface finishing of aluminium and steel products, such as site furnishings, MDF furniture, and garden furniture, low temperature powder coating is in high demand in the furniture industry.
Browse 276 market data Tables and 60 Figures spread through 270 Pages and in-depth TOC on "Low Temperature Powder Coatings Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/low-temperature-powder-coating-market-171394651.html
Based on resin type, The hybrid segment is projected to be the largest resin type during the forecast period. Low temperature powder coatings based on hybrid resin has good physical properties with high-performance features along with low cure temperature for coating applications in the furniture, automotive, electronics, retail, and other industries.
Based on end - use, furniture segment is estimated to account for the largest share of the market during the forecast period. The growth of the infrastructure sector and the development of the furniture industry in the Asia Pacific region are expected to boost the low temperature powder coatings market in the region. China and India are likely to generate a positive impact on the market in the furniture end-use industry.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=171394651
Asia Pacific is the fastest-growing market for low temperature powder coatings mainly due to the high economic growth, and heavy investment in industries such as automotive, electronics, and furniture. PPG Industries Inc. (US), Sherwin-Williams Company (US), AkzoNobel N.V. (Netherlands) and other leading global players are adopting various strategies to increase their market share in the global low temperature powder coatings market.
Major players operating in the global low temperature powder coatings market include PPG Industries Inc. (US), Sherwin-Williams Company (US), Axalta coating system (US).
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=171394651
PPG Industries is a global manufacturer and supplier of paints, coatings, optical products, and specialty materials. It serves customers in the industrial, consumer products, transportation, and construction markets. PPG provides industrial and automotive coatings to manufacturing companies, adhesives & sealants to the automotive industry, metal pretreatments & related chemicals for industrial and automotive applications, and packaging coatings to aerosol, food & beverage container manufacturers. The company also delivers protective coating solutions for a wide range of industries. It. operates through two major segments: Performance Coatings and Industrial Coatings. The company offers low temperature powder coatings through the Industrial Coatings segment. It has 156 manufacturing facilities worldwide.
Sherwin-Williams Company is one of the global leaders in the manufacture, development, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three main divisions: Consumer Brands Group, The Americas Group, and Performance Coatings Group. The company offers low temperature powder coatings through the Performance Coatings Group segment. The company serves a wide range of markets furniture, appliance, and electronics. It has a presence in more than 120 countries, primarily in Europe, Asia Pacific, and North America.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/low-temperature-powder-coating.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/low-temperature-powder-coating-market.asp
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Browse 276 market data Tables and 60 Figures spread through 270 Pages and in-depth TOC on "Low Temperature Powder Coatings Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/low-temperature-powder-coating-market-171394651.html
Based on resin type, The hybrid segment is projected to be the largest resin type during the forecast period. Low temperature powder coatings based on hybrid resin has good physical properties with high-performance features along with low cure temperature for coating applications in the furniture, automotive, electronics, retail, and other industries.
Based on end - use, furniture segment is estimated to account for the largest share of the market during the forecast period. The growth of the infrastructure sector and the development of the furniture industry in the Asia Pacific region are expected to boost the low temperature powder coatings market in the region. China and India are likely to generate a positive impact on the market in the furniture end-use industry.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=171394651
Asia Pacific is the fastest-growing market for low temperature powder coatings mainly due to the high economic growth, and heavy investment in industries such as automotive, electronics, and furniture. PPG Industries Inc. (US), Sherwin-Williams Company (US), AkzoNobel N.V. (Netherlands) and other leading global players are adopting various strategies to increase their market share in the global low temperature powder coatings market.
Major players operating in the global low temperature powder coatings market include PPG Industries Inc. (US), Sherwin-Williams Company (US), Axalta coating system (US).
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=171394651
PPG Industries is a global manufacturer and supplier of paints, coatings, optical products, and specialty materials. It serves customers in the industrial, consumer products, transportation, and construction markets. PPG provides industrial and automotive coatings to manufacturing companies, adhesives & sealants to the automotive industry, metal pretreatments & related chemicals for industrial and automotive applications, and packaging coatings to aerosol, food & beverage container manufacturers. The company also delivers protective coating solutions for a wide range of industries. It. operates through two major segments: Performance Coatings and Industrial Coatings. The company offers low temperature powder coatings through the Industrial Coatings segment. It has 156 manufacturing facilities worldwide.
Sherwin-Williams Company is one of the global leaders in the manufacture, development, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three main divisions: Consumer Brands Group, The Americas Group, and Performance Coatings Group. The company offers low temperature powder coatings through the Performance Coatings Group segment. The company serves a wide range of markets furniture, appliance, and electronics. It has a presence in more than 120 countries, primarily in Europe, Asia Pacific, and North America.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/low-temperature-powder-coating.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/low-temperature-powder-coating-market.asp
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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