New market study on powder coatings
According to a new research report, the market size for powder coatings is expected to grow to over EUR 14,49 billion by 2024.
Strong business outlook with versatile applications including architectural, agricultural/construction equipment, decorative, A&T components, and outdoor furniture are among the key factors propelling the powder coating market share. Shifting consumer focus towards the adoption of new green building construction techniques along with surging preferences toward eco-friendly building materials will promulgate overall industry scenario in the projected timeframe.
Market for powder coatings continues to grow
The incorporation of new and sustainable solutions and rapid technological advancements to meet the efficiency, durability, and environmental requirements will fuel the powder coating market expansion. Besides, consumer preferences toward powder variants due to the major properties including durability, corrosion resistance, and high luster & shine will further augment product portfolio.
The complete market study is available on the Global Market Insights website.
