Coronavirus Impact on Powder Coatings Market New York, June 13, 2020: Market Research Engine has published a new report titled as “Powder Coatings Market Size by Coating Method (Fluidized Bed, Electrostatic Spray), By End-Use Industry (Architectural, Furniture), By Resin Type (Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, Thermoset), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025�. FYI, You will get latest updated report as per the COVID-19 Impact on this industry. Our updated reports will now feature detailed analysis that will help you make critical decisions. Browse Full Report from Here: https://www.marketresearchengine.com/powdercoatings-market
The Global Powder Coatings Market is expected to grow by 2025 at a CAGR of 6.86%. Powder coating refers to dry finishing process used on array of products for refining protective characteristics and visual appeal of the products. The general process includes polymer resins, levelling agents, flow modifiers, pigments and other additives mixed, melted, cooled and later grounded into uniform form. Different techniques are wont to achieve application of this uniform residue on metallic and non-metallic substrate. Because of low ecological impact, this product is widely utilized in a spread of applications over liquid namely, automotive, appliances, architectural, furniture, ACE and general industries. The worldwide powder coatings market growth is attributed to factors like increased consumer spending, rising per capita income, varying consumer preferences alongside advancement in technology. The infrastructural expansion is additionally a key factor driving the merchandise demand on a worldwide scale. Efficiency and overspray are among the key factors governing the market economics. Higher utilization rate as compared to liquid forms is among the key factors affecting the general product application scope. They provide durable and attractive finishes. Powder coatings are applied with the assistance of a sprig gun, which imparts an electrical charge on the powder particles and directs them toward the thing to be coated. Powder coatings are wont to provide protective and ornamental finishes. They are available during a wide selection of colors and textures. The global Powder Coatings market is segregated on the basis of Coating Method as Fluidized Bed, Electrostatic Spray, and Others. Based on End-Use Industry the global Powder Coatings market is segmented in Architectural, Furniture, Others, Electrical & Electronics, General Industrial, Appliances, and Automotive. Based on Resin Type the global Powder Coatings market is segmented in Comparison Between Thermoset and Thermoplastic Powder Coatings, Thermoplastic, and Thermoset. The global Powder Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Powder Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.