Mar 03, 2020: The global Powder Coatings market size is expected to reach USD 19.9 billion by 2027, at a revenue based CAGR of 7.0% from 2020 to 2027, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to superior properties of powder coatings over conventional paints including high resistance to corrosion, chipping, and abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time.
Growing purchasing power, high living standard, and rapid urbanization is expected to drive the consumer goods sector, thereby driving product demand over the forecast period. Powder coatings are used in consumer goods such as refrigerators, washer tops and lids, air-conditioner cabinets, water heaters, range housings, dishwashers, microwave oven cavities, and freezer cabinets.
Why To Use Powder Coatings Method:
It is a dry finishing process that uses finely ground particles of pigment and resin that are electrostatically charged and sprayed onto electrically grounded parts. The charged powder particles adhere to the part and are held there until melted and fused into a uniform coating in a curing oven.
Powder coatings are based on polymer resin systems, combined with curatives, pigments, leveling agents, flow modifiers, and other additives. These ingredients are melt mixed, cooled, and ground into a uniform powder similar to baking flour.
It provides a more durable finish than liquid paints can offer, while still providing an attractive finish. Powder coated products are more resistant to diminished coating quality as a result of impact, moisture, chemicals, ultraviolet light, and other extreme weather conditions. In turn, this reduces the risk of scratches, chipping, abrasions, corrosion, fading, and other wear issues.
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Asia Pacific emerged as the fastest-growing region and is expected to witness a CAGR of 7.8%, in terms of revenue, over the forecast period. Increasing demand for consumer goods such as washing machines and refrigerators in countries such as India, China, Vietnam, Philippines, and Thailand are expected to boost demand for powder coating in these applications. Growing demand for automobiles in emerging markets such as China and India coupled with favorable FDI norms by governments is expected to facilitate investment in the region.
North America was the third-largest market and held a market share of 21.9%, in terms of revenue, in 2019. Expanding automotive industry in U.S. and rising concerns regarding VOC emissions released from the coatings used in automobile production are expected to boost the demand for powder coatings in the region.
Further key findings from the report suggest:
- Epoxy-Polyester (Hybrid) is expected to be the fastest growing resin type during the forecast period from 2020 to 2027
- Consumer goods application occupied the largest revenue share on account of rising demand for domestic appliances in emerging countries such as India, China, Vietnam, Philippines, and Thailand. This, in turn, is expected to boost the demand for powder coatings in the coming years
- Major key players in powder coatings market includes Akzo Nobel N.V; The Sherwin-Williams Company; PPG Industries, Inc.; BASF SE; DSM; Valspar; Axalta Coating Systems; Arkema S.A.; and Bayer AG.
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Table of Contents
Chapter 1 Methodology and Scope
1.1 Information Procurement
1.1.1 Purchased Database
1.1.2 GVR's Internal Database
1.1.3 Secondary Sources & Third-Party Perspectives
1.1.4 Primary Research
1.2 Information analysis & research methodology
1.2.1 Data Analysis Models & Research Assumptions
Chapter 2 Executive Summary
2.1 Segment outlook
Chapter 3 Powder Coatings Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Market lineage outlook
3.2.1 Global paints & coatings market outlook
3.2.2 Powder CoatingS Market Outlook
3.3 Penetration & growth prospect mapping
3.4 Value chain analysis
3.4.1 key raw materials Market analysis
3.4.1.1 Acrylic resin
3.4.1.2 Epoxy resin
3.4.1.3 Alkyd resin
3.4.1.4 Polyurethane
3.4.1.5 Pigment
3.4.1.6 Additives
3.4.1.7 Titanium dioxide
3.4.2 Manufacturing trends
Continued……………….
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FEB 14, 2020: In this report,the global revenue of Vegetable Seed market was valued at 4934.56 M USD in 2016 and is expected to reach 5255.36 M USD in 2022.Vegetable Seed is an embryonic plant enclosed in a protective outer covering.
Seeds are the product of the ripened ovule, after fertilization by pollen and some growth within the mother plant.The classification of Vegetable Seed includes Solanaceae, Cucurbit, Root, Brassica, Leafy and Other, and the revenue proportion of Solanaceae in 2016 was about 37.9%.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/global-vegetable-seed-market-analysis/request-sampleVegetable Seed can be used in Farmland, Greenhouse and others.
The most proportion of Vegetable Seed was Farmland, and the sales proportion was about 58.4% in 2016.In recent years, affected by demand, there is a rapid increase of vegetable seeds.
Growing number of foreign companies have piece up factories in China, at present, Monsanto, Syngenta, Limagrain and other foreign giants occupy a large market share, Chinese local enterprises are lack of competitiveness.The government department has already formulated the vegetable seeds development standards, and introduced a series of policies to promote the vegetable seeds industry.
At present, the vegetable seeds industry exist disorderly competition and other issues, but because of the much more widely used application, the vegetable seeds is forecasted to have a good market prospect.Geographically, global Vegetable Seed market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players includingMonsantoSyngentaLimagrainBayer Crop ScienceBejoENZA ZADENRijk ZwaanSakataTakiiNongwoobioLONGPING HIGH-TECHDENGHAI SEEDSJing Yan YiNongHuasheng SeedHorticulture SeedsBeijing ZhongshuJiangsu SeedOn the basis of product, we research the production, revenue, price, market share and growth rate, primarily split intoGeneral Leaf Vegetable SeedHeading Leaf Vegetable SeedSpicy Leaf Vegetable Seed For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Vegetable Seed for each application, includingFarmlandGreenhouseOthersProduction, consumption, revenue, market share and growth rate are the key targets for Vegetable Seed from 2014 to 2026 (forecast) in these regionsChinaUSAEuropeJapanKoreaIndiaSoutheast AsiaSouth AmericaTo Browse Full Research Report @: https://www.radiantinsights.com/research/global-vegetable-seed-market-analysisTable of Contents1 Report Overview1.1 Definition1.2 Manufacturers and Regions Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.4 Application Overview1.5 Industrial Chain1.5.1 Vegetable Seed Overall Industrial Chain1.5.2 Upstream1.5.3 Downstream1.5.4 Economic/Political Environment2 Global Vegetable Seed Market Assesment by Types2.1 Overall Market Performance2.1.1 Product Type Market Performance (Volume)2.1.2 Product Type Market Performance (Value)2.2 China Vegetable Seed Market Performance2.3 USA Vegetable Seed Market Performance2.4 Europe Vegetable Seed Market Performance2.5 Japan Vegetable Seed Market Performance2.6 Korea Vegetable Seed Market Performance2.7 India Vegetable Seed Market Performance2.8 Southeast Asia Vegetable Seed Market Performance2.9 South America Vegetable Seed Market Performance3 Global Vegetable Seed Market Assesment by Application3.1 Overall Market Performance (Volume)3.2 China Vegetable Seed Market Performance (Volume)3.3 USA Vegetable Seed Market Performance (Volume)3.4 Europe Vegetable Seed Market Performance (Volume)3.5 Japan Vegetable Seed Market Performance (Volume)3.6 Korea Vegetable Seed Market Performance (Volume)3.7 India Vegetable Seed Market Performance (Volume)3.8 Southeast Asia Vegetable Seed Market Performance (Volume)3.9 South America Vegetable Seed Market Performance (Volume)4 Competitive Analysis4.1 Monsanto4.1.1 Monsanto Profiles4.1.2 Monsanto Product Information4.1.3 Monsanto Vegetable Seed Production, Revenue, Price and Gross Margin4.1.4 Monsanto Vegetable Seed Business Performance4.1.5 SWOT Analysis4.2 Syngenta4.2.1 Syngenta Profiles4.2.2 Syngenta Product Information4.2.3 Syngenta Vegetable Seed Production, Revenue, Price and Gross Margin4.2.4 Syngenta Vegetable Seed Business Performance4.2.5 SWOT Analysis4.3 Limagrain4.3.1 Limagrain Profiles4.3.2 Limagrain Product Information4.3.3 Limagrain Vegetable Seed Production, Revenue, Price and Gross Margin4.3.4 Limagrain Vegetable Seed Business Performance4.3.5 SWOT Analysis4.4 Bayer Crop Science4.4.1 Bayer Crop Science Profiles4.4.2 Bayer Crop Science Product Information4.4.3 Bayer Crop Science Vegetable Seed Production, Revenue, Price and Gross Margin4.4.4 Bayer Crop Science Vegetable Seed Business Performance4.4.5 SWOT Analysis4.5 Bejo4.5.1 Bejo Profiles4.5.2 Bejo Product Information4.5.3 Bejo Vegetable Seed Production, Revenue, Price and Gross Margin4.5.4 Bejo Vegetable Seed Business Performance4.5.5 SWOT Analysis4.6 ENZA ZADEN4.6.1 ENZA ZADEN Profiles4.6.2 ENZA ZADEN Product Information4.6.3 ENZA ZADEN Vegetable Seed Production, Revenue, Price and Gross Margin4.6.4 ENZA ZADEN Vegetable Seed Business Performance4.6.5 SWOT Analysis4.7 Rijk Zwaan4.7.1 Rijk Zwaan Profiles4.7.2 Rijk Zwaan Product Information4.7.3 Rijk Zwaan Vegetable Seed Production, Revenue, Price and Gross Margin4.7.4 Rijk Zwaan Vegetable Seed Business Performance4.7.5 SWOT Analysis4.8 Sakata4.8.1 Sakata Profiles4.8.2 Sakata Product Information4.8.3 Sakata Vegetable Seed Production, Revenue, Price and Gross Margin4.8.4 Sakata Vegetable Seed Business Performance4.8.5 SWOT Analysis Continued…….
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