Published on : May 10, 2019
Albany, New York, May 10, 2019: At the time when environmental regulations are becoming more rigorous and awareness of consumers is soaring to shield environment, there has been call to curb the use of volatile organic compounds (VOCs) from all corners. Of late development in the technology required to manufacture and apply powder coatings, in line with environmental considerations, have propelled the growth of powder coating technology. Several drawbacks previously linked with the use of dry powder coating as an industrial finish have been virtually obliterated. As such, the use of powder coatings as a means of curbing VOC emissions from industrial finishing operations is being highly promoted by many air pollution control agencies.
These insights are in line with the intelligence report, titled, “Powder Coatings Market—Global Industrial Analysis, Value, Share, Growth, Trends, and Forecast, 2018-2026,” which has been freshly added to Market Research Hub’s (MRH) extensive repository.
Over the years, the use of powder coatings has developed rapidly and the demand of functional powder coatings has fortified substantially. In the wake of powder coatings’ environment-friendly nature and tremendous application performance; it is prevalently being used in the field of metal coating as appliances of offices and homes.
According to the study, thermoset segment is likely to rule the roost for it can withstand extreme temperatures. As such, acrylic resin powder is influenced by color retention; pollution resistance; good weather resistance; potent metal adhesion and scintillating film appearance.
Powder Coatings Market: Report Content
The report presents a coherent analysis on the powder coatings market that is bolstered by quantitative and qualitative analysis. In addition, the report delineates the happenings in the market which have bearing on the growth of the powder coatings market, comprising drivers, restraints, trends and opportunities. Further, the report also sheds light on segmentation to exhibit an exhaustive analysis of the Powder coatings market.
The report also delineates executive summary, overview section, which are aimed at revealing a thorough analysis of the powder coatings market. Besides, the market overview section peruses into supply chain, cost structure and pricing analysis along with PESTLE analysis to present a thorough analysis on the powder coatings market. Moreover, the overview section also sheds light on Porters’ Five Force analysis which is known to help in assimilating competitive scenario with regards to powder coatings market.
The robust assessment of competitive landscape of the powder coatings market heavily banks on Porters’ Five Force Analysis. Furthermore, the Porters’ Five Force Analysis delves into the strategies of the pertinent players in the powder coatings market. Furthermore, the deep dive analysis of the key players and their business strategies are backed up by company profile, SWOT analysis, product portfolio and recent development, key differentiation, to name a few.
Powder Coatings Market: Research Methodology
Primary sources and secondary sources have been used to offer a judicious and unbiased analysis on powder coatings market. As such, the secondary research banks on EC filing, trade journals, resourceful database and Factiva. On the other hand, the report relies upon primary research, incorporating veracious and unbiased assessment from seasoned analyst, genuine analysis from pundits and surveys and telephonic interview. Furthermore, the report throws light on absolute dollar opportunity analysis and Y-o-Y projections to offer a thorough analysis of the market.
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