The
Global Thermoplastic
Powder Coating Market is expected
to display rapid growth in forthcoming period. The thermoplastic powder coating
market is growing at a phenomenal pace owing to their supreme finesse and
artistry with powder coats. The more embellished features coupled with strong
impact resistance have put the powder coated paintings right above the
traditional wet coatings in terms of finiteness. Powder coatings are
eco-friendly and do not radiate any toxic waste that will alter the
environmental synergies of balance.
The
powder coatings are more harmonious with the eco-system and hence are resistant
to any disparity between environmental forces of nature. They are more suitable
for use in technological, architectural, agricultural and automotive
industries. Overall, eco-friendly features offered by application of
thermoplastic powder coating adds to the market growth. Market vendors are
devising diverse powder-based etchings and that used in the automotive sectors
are diagonally opposite to those used in architectural and furniture industries.
There
are two types of powder coatings available. They are thermoset and
thermoplastic.4. Properties such as metal adhesion, coating lubricity,
flexibility and elongation of coating film have made thermoplastic powder
coatings one-up on all other coats. Being thermoplastic by nature, the powder
does not require any cross-linking or curing to achieve these effects.
Traffic
signal poles, light poles and circuit breaker panels are also dyed in powder
coatings that proliferate the city landscape. Asia Pacific dominates the market
due to major demand for powder coatings coming from manufacturing industries
and industrial sectors. Countries such as India, China and Australia are
leading nation-front in thermoplastic powder coatings market. Segmentation of
thermoplastic powder coatings market by type includes thermoset powder coatings
and thermoplastic powder coatings.
Segmentation
of thermoplastic powder coating market by application includes metal, wood,
plastic and glass. Segmentation of thermoplastic powder coating market by
geographical region includes North America, Europe, Asia Pacific, MEA and Latin
America. The metal application segment is leading segment in market growth.
Powder coatings are basically fit on metals with metals are good conductors of
electricity and metals are specifically prone to rusting and corrosion issues.
This improves life of the substrate and provides a smooth appearance.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Thermoplastic Powder Coating in these regions,
from 2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Thermoplastic Powder Coating
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
PPG Industries
•
Akzonobel
•
Sherwin-Williams
•
Axalta(Dupont)
•
Valspar Corporation
•
RPM International
•
American Powder Coatings
•
TIGER Drylac
•
3M
•
IFS Coatings
•
Masco
•
Nortek Powder Coating
•
Trimite Powders
•
Vogel Paint
The
thermoplastic powder coatings market is dominated by key players including PPG
Industries, AKZO Nobel, Axalta coating systems, Sherwin Williams, The Valaspar
Corporation, Arkema, Eastman chemical, Evonik Industries, and Nippon Paints.
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