According to a new report published by Reports Monitor titled, “Non-Liquid Coating Market By Resin Type, Coating Method and Application: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Non-Liquid Coating Market was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
History of non-liquid coating goes back to 1960s, when first time it was introduced in North America., since then non-liquid coating market has witnessed notable growth globally. Non-liquid coating is a powder in a completely dry form. It is like paint but without solvent part. It is more durable and cost effective than liquid coating. Non liquid coating is useful in protecting roughest, toughest machinery as well as the household items and also provides superior finish as liquid coating can provide.
Growth of global powder coating market is influenced by factors such as increased demand from end use applications such architectural; appliances; automotive; furniture; agriculture, construction, and earthmoving equipment (ACE) and general industrial. Increased use of powder coating in automobile industry, application in coil coating, and industrial growth globally are some of the other factors driving the growth of non-liquid coating globally. However, difficulty introducing thin films is acting as the major restraint for the growth of non-liquid coating market.
This report provides a detailed analysis of Non-Liquid Coating market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global non-liquid coating market has been segmented majorly on the basis of Resin Type (Thermoset, Thermoplastic, and High Solids), Coating Method (Electrostatic Spray and Fluidized Bed), & Applications (Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (Ace), General Industrial and Others).
By geography, Global Non-Liquid Coating market is studied across North America, Europe, Asia-Pacific, and LAMEA. Growth of Non-Liquid Coating market in North America region is influenced by factors such as existence of major players from this market and increased adoption of powder coating in automobile sector. Increased use of powder based non-liquid coating and countries like India and China are driving the growth of Non-Liquid Coating market in Asia-Pacific region. Progressive business environment combined with the growing need of new environment friendly coating solutions is fuelling the growth of Non-Liquid Coating market in Europe.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Non-Liquid Coating Market and what are their strategies?
• What segment and region will lead the market and why?
The major companies profiled in the report include: AkzoNobel N.V., Asian Paints Limited, Axalta Coating Systems, Berger Paints India Limited, Jotun A/S, Kansai Paint Co., Ltd., PPG Industries, Inc., The Sherwin-Williams Company, The Valspar Corporation, and Somar Corporation.
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