Low-temperature Powder Coatings Market to Grow at a CAGR of 2.90% by 2028 | $ 3,386.7 Million – Impact of COVID-19 Pandemic and Global Analysis by Reports and Data
Reports and Data estimates the global Low-temperature Powder Coatings competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Low-temperature Powder Coatings during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Akzo Nobel N.V., Axalta Coating Systems, LLC, Jotun A/S, PPG Industries, Inc., The Sherwin-Williams Company, Teknos Group, Forrest Technical Coatings, Platinum Phase Sdn Bhd, Tulip Paints, Protech Powder Coatings Inc., and CIN Industrial Coatings.
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Low-temperature Powder Coatings Overview :-
For low temperature covering, there are a few physical properties, for example, item timeframe of realistic usability, completed surface quality, and last covering thickness extend. The fundamental advantages of low-temperature PC including the expulsion of VOC (unpredictable natural compound) and HAP (risky air contaminations) content, just as improved solidness and opposition of consumption. PC offers superb physical properties and giving an inherent advantage that groundwork doesn’t provide.
These covering can be utilized in a broad scope of utilization inside the furnishings, apparatuses, car, engineering, clinical, and different businesses. These PC benefits the concoction ventures as it produces coatings that are a lot thicker than those given by regular fluid paints. It likewise has low discharges of natural mixes, which keeps them from running and drooping at the hour of coverage. The PC is explicitly mainstream inside the furniture business as they give top-notch surface completion and assurance. That these powder covering can be utilized on heat-touchy substrates, for example, wood, MDF, plastics, composites, and glass make them famous even with the presence of choices.
Explicit ecological guidelines can tell upon the development of low-temperature PCs advertise. Maker organizations are consistently attempting to initiate advancements that will empower their items to chip away at substrates of various types.
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For the purpose of this report Reports and Data has segmented global Low-temperature Powder Coatings market on the basis of type, application, and region:
Resins Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2020-2028)
Substrate Outlook (Revenue, USD Million; Volume, Kilo Tons; 2020-2028)
- Non- Metal
- Wood And Medium-Density Fibreboard (MDF)
- Plastics, Composites, & Glass
End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2020-2028)
- Electrical & Electronics
- Automotive & Transportation
- Building & constructions
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Low-temperature Powder Coatings during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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