Metallic Powder Coatings Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Metallic Powder Coatings Market Size- By Process Type, By Pigment Type, By Resin Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: CHEM2428 | Pages: 1 - 203 | Formats*: |
| Category : Chemical & Materials | |||
Metallic Powder Coatings Market Introduction and Overview
According to SPER Market Research, the Global Metallic Powder Coatings Market is estimated to reach USD 9485.99 million by 2033 with a CAGR of 8.73%.
The report includes an in-depth analysis of the Global Metallic Powder Coatings Market, including market size and trends, product mix, Applications, and supplier analysis. A powder coating that contains mica, aluminum, or other pigments is typically covered with metallic powder coating. In addition to the metal flake applied for gloss and glitter, the metallic powder coating finishes are comparable to solid tone finishes. An exterior finishing layer that is dry and applied to products to enhance their visual appeal and protective qualities is known as powder coating. In the general cycle, polymer saps, flow consistency admixtures, colors, and many other additives are combined, liquefied, cooled, and then set into a homogenous structure. Since polyester-based metallic powder coatings have exceptional flow and durability, they are perfect for outdoor applications where a good ornamental finish is required.
- In October 2020, AkzoNobel stretched the boundaries of their ground-breaking, incredibly durable powder coating—which can be sprayed on metal surfaces and twisted without breaking—further, enabling architects to create even more amazing designs. The first system to combine the mechanical performance advantages of a conventional durable system with the weatherability of super-durable coatings was introduced to the market by Interpon Flex.
- PPG agreed to buy Alpha Coating Technologies, LLC, a manufacturer of powder coatings for light industrial uses and substrates that are heat-sensitive, in February 2020. The deal is expected to close in the first quarter of 2020, subject to customary closing conditions. The financial information was kept secret.
Market Opportunities and Challenges
During the forecast period, there are expected to be lucrative opportunities created by the high demand for high-performance fluorine resin-based powder coating, continuous advancements in metallic powder coatings, and high demand for metallic powder coatings for coil coating applications. Furthermore, Throughout the forecast period, rising vehicle production and rising medical device demand are anticipated to support market expansion. The market for metallic powder coatings is anticipated to grow due to several factors, including the potential applications in the shipbuilding and pipeline industries, the furniture industry's strong outlook, stringent government regulations, increased focus on reducing VOC emissions, high demand for metallic pigments from the automotive and architectural industries, and lower application costs compared to liquid coatings. The market's rise can be attributed mostly to the sizeable, both organized and unstructured wheel aftermarkets
Many challenges affect the metallic powder coatings market's expansion and viability. The difficulty and expense involved in producing metallic powder coatings are two major obstacles. The production process for superior metallic powder coatings is complex and costly, requiring specialized machinery and technology. Furthermore, the cost and price volatility of the raw materials utilized in these coatings, like metallic pigments, might affect the total cost of production. The environmental issues surrounding the use and disposal of metallic powder coatings present another difficulty.
Market Competitive Landscape
There are a number of significant players in the competitive and fragmented Metallic Powder Coatings market. PPG Industries (U.S.), Jotun A/S (Norway), The Sherwin-Williams Company (U.S.), Tiger Coatings GmbH & Co. KG (Austria), Axalta Coating Systems, LLC (U.S.), AkzoNobel N.V. (Netherlands) are a few of the major companies operating in the men's skincare product market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Process Type, By Pigment Type, By Resin Type |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | PPG Industries (U.S.), Jotun A/S (Norway), The Sherwin-Williams Company (U.S.), Tiger Coatings GmbH & Co. KG (Austria), Axalta Coating Systems, LLC (U.S.), AkzoNobel N.V. (Netherlands) |
COVID-19 Impact on Global Metallic Powder Coatings Market
The most disruptive aspect has shown to be the COVID-19 pandemic. The industry's top coatings producers are becoming increasingly concerned as a result of the declining demand and increasing number of positive instances, even if certain coating production units have gradually resumed production. The outbreak interrupted the entire production and supply chain and stopped the processing of raw materials used to make coatings. Furthermore, a significant number of skilled and unskilled workers are being forced back to their hometowns by the coatings sector, which is causing a severe labour crisis for businesses.
Key Target Audience:
- Industrial Manufacturers
- Automotive Sector
- Architectural and Construction Industry
- Aerospace and Defence
- Appliance Manufacturers
- Metal Fabrication Companies
- Electronics and Electrical Equipment Manufacturers
- Furniture and Fixtures Industry
Our in-depth analysis of the Metallic Powder Coatings Market includes the following segments:
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| By Pigment Type: |
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| By Resin Type: |
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Key Topics Covered in the Report:
- Global Metallic Powder Coatings Market Size (FY’2023-FY’2033)
- Overview of Global Metallic Powder Coatings Market
- Segmentation of Global Metallic Powder Coatings Market By Process Type (Bonding, Blending, Extrusion, Others)
- Segmentation of Global Metallic Powder Coatings Market By Pigment Type (Aluminum, Mica, Others)
- Segmentation of Global Metallic Powder Coatings Market By Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Others)
- Statistical Snap of Global Metallic Powder Coatings Market
- Expansion Analysis of Global Metallic Powder Coatings Market
- Problems and Obstacles in Global Metallic Powder Coatings Market
- Competitive Landscape in the Global Metallic Powder Coatings Market
- Impact of COVID-19 and Demonetization on Global Metallic Powder Coatings Market
- Details on Current Investment in Global Metallic Powder Coatings Market
- Competitive Analysis of Global Metallic Powder Coatings Market
- Prominent Players in the Global Metallic Powder Coatings Market
- SWOT Analysis of Global Metallic Powder Coatings Market
- Global Metallic Powder Coatings Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Metallic Powder Coatings Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Metallic Powder Coatings Market Manufacturing Base Distribution, Sales Area, Ingredients6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Metallic Powder Coatings Market
7. Global Metallic Powder Coatings Market , By Process Type (USD Million)
7.1. Global Metallic Powder Coatings Market Value Share and Forecast, By Process Type 2024-20337.2. Bonding, Blending7.3. Extrusion7.4. Others
8. Global Metallic Powder Coatings Market , By Pigment Type (USD Million)
8.1. Global Metallic Powder Coatings Market Value Share and Forecast, By Pigment Type 2024-20338.2. Aluminum8.3. Mica8.4. Others
9. Global Metallic Powder Coatings Market , By Resin Type (USD Million)
9.1. Global Metallic Powder Coatings Market Size Value Share and Forecast, By Resin Type 2024-20339.2. Polyester9.3. Hybrid9.4. Epoxy9.5. Polyurethane9.6. Others
10. Global Metallic Powder Coatings Market , Forecast, 2020-2033 (USD Million)
10.1. Global Metallic Powder Coatings Market Size and Market Share
11. Global Metallic Powder Coatings Market , By Process Type 2020-2033 (USD Million)
11.1. Global Metallic Powder Coatings Market Size and Market Share, By Process Type (2020-2026)11.2. Global Metallic Powder Coatings Market Size and Market Share, By Process Type (2027-2033)
12. Global Metallic Powder Coatings Market , By Pigment Type 2020-2033 (USD Million)
12.1. Global Metallic Powder Coatings Market Size and Market Share, By Pigment Type (2020-2026)12.2. Global Metallic Powder Coatings Market Size and Market Share, By Pigment Type (2027-2033)
13. Global Metallic Powder Coatings Market , By Resin Type 2020-2033 (USD Million)
13.1. Global Metallic Powder Coatings Market Size and Market Share, By Resin Type (2020-2026)13.2. Global Metallic Powder Coatings Market Size and Market Share, By Resin Type (2027-2033
14. Global Metallic Powder Coatings Market , By Region, 2020-2033 (USD Million)
14.1. Global Metallic Powder Coatings Market Size and Market Share, By Region (2020-2026)14.2. Global Metallic Powder Coatings Market Size and Market Share, By Region (2027-2033)
14.3. Asia-Pacific14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific14.4. Europe14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe14.5. Middle East and Africa14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa14.6. North America14.6.1. Canada14.6.2. Mexico14.6.3. United States14.7. Latin America14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. AkzoNobel N.V.15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. Axalta Coating Systems,15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Jotun A/S15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. PPG Industries15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. The Sherwin-Williams Company15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Tiger Coatings GmbH & Co. KG15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Metallic Powder Coatings Market is projected to reach USD 9485.99 million by 2033, growing at a CAGR of 8.73% during the forecast period.
Metallic Powder Coatings Market size from 2022. The Market is expected to reach USD 9485.99 million by 2033, at a CAGR of 8.73% during the forecast period.
Metallic Powder Coatings Market CAGR of 8.73% during the forecast period.
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Metallic Powder Coatings Market size is 9485.99 million from 2024 to 2033.
Metallic Powder Coatings Market Segment is covered By Process Type, By Pigment Type, By Resin Type.
The Europe is anticipated to have the highest market share in the Metallic Powder Coatings Market.
The key players in the market include Companies Covered PPG Industries (U.S.), Jotun A/S (Norway), The Sherwin-Williams Company (U.S.), Tiger Coatings GmbH & Co. KG (Austria), Axalta Coating Systems, LLC (U.S.), AkzoNobel N.V. (Netherlands).
An exterior finishing layer that is dry and applied to products to enhance their visual appeal and protective qualities is known as powder coating. In the general cycle, polymer saps,
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