Powder Coatings Market Size Analysis, Growth Projection, Future Insights, Share Estimation, Statistics, Key Profile Analysis By 2029
Verfasser: ashwani_kailiya on Thursday, 23 April 2020Exhibiting a healthy CAGR, the global revenue pool of powder coatings market will expand nearly 2X during the forecast period, 2019-2029. Upsurge in automobile production and demand for medical equipment would be the key growth drivers. In addition, regulations against volatile organic compounds (VOC) emissions are enabling broader application of powder coatings across various end-use sectors.
"Driven by uptight sustainability norms, industry executives are moving from liquid-based coatings to powder coatings. Powder coatings have low VOC content and thus reduce the risk of combustion during storage and application. Further, they curb the possibilities of health hazards to industrial workers," opines Fact.MR in its new research study.
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Powder Coatings Market - Key Takeaways