Low temperature powder coatings market is projected to grow to an estimated USD 6.02 billion by 2026 | PRISMATIC POWDERS, Funder America Inc. and Keyland Polymer and more
Low temperature powder coatings are a variety of powder coatings that are used due to their cost effective characteristics which requires lower amount of heat to cure and effectively coat the substrate. Conventional powder coatings are applied electrostatically and then applied on to the substrates or surfaces and subsequently cured under heat, which is a very tedious and expensive process because of the requirement of high temperatures. The cured coatings form a hard, tough coating to the surface essentially acting as a protective layer.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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Top Competitors in Low temperature powder coating market:
- Teknos Group
- Tulip Paints
- Protech Powder Coatings
- PPG Industries
- Akzo Nobel N.V.
- The Sherwin-Williams Company
- Jotun, Axalta Coating Systems LLC
- BASF SE
- Koninklijke DSM N.V.
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Key Developments in the Market:
- In April 2018, Axalta Coating Systems LLC announced the inauguration of a new manufacturing plant situated in Gujarat, India; to meet the requirements of demand from the automotive industry and various other end-users for powder coatings.
- In February 2018, Akzo Nobel N.V. announced the inauguration and beginning of operations of its powder coatings plant in Mumbai, India. With this expansion, the company hopes to meet the demands and enhance their reputation of providing specialised solutions and products in the region.
Segmentation: Global Low Temperature Powder Coatings Market
- By Substrate Type
- By Resin Chemistry
- Polyester & Polyester Hybrids
- Epoxy & Epoxy Hybrids
- By End-Use Industry
- By Geography
- North America
- South America
- Rest of South America
- North America
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