Global Metallic Powder Coatings Market Forecast to 2030 - COVID-19 Impact and Analysis By Process Type (Bonding, Blending, Extrusion), Pigment Type (Aluminum, MICA, Others); Resin Type ( Polyester, Hybrid, Epoxy, Polyurethane); End-User ( Architectural, Automotive, Appliances, Furniture, Sports Goods & Fitness Equipment, Others) and Geography
Global Metallic Powder Coating Market Introduction
Metallic powder coatings find several usage and application in the architectural industry due to their phenomenal weathering properties with exceptional color and gloss retention. Their corrosion resistance and excellent weatherability property make them extremely popular for exterior architectural applications which will likely to drive the metallic powder coating market globally during the forecast period from 2021 to 2030. The rise in consumer demand for specialty and attractive products has made metallic pigments an option for the automotive industry globally. The increased acceptance of aluminum pigments in the automotive sector is likely to drive the market.
The automotive industry has shown constant innovation in the development of lightweight materials. The average percentage of carbon fiber reinforced composites and aluminum used in automobiles has been rising consistently over the years. Given the growing demand for lighter, faster, and better performing vehicles and rising fuel costs, aftermarket players have been directing on developing light-weighting technologies. However, advanced materials and new composition in wheels are likely to offer a new opportunity to the metallic powder coating market globally over the forecast period.
In July 2019, AkzoNobel declared plans to add three new production lines at its Changzhou powder coatings plant in China region.
Global Metallic Powder Coatings Market Overview
The global metallic powder coatings market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The metallic powder coatings market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global metallic powder coatings market over the long as well as short period of time. Furthermore, the global metallic powder coatings market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porters five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Metallic Powder Coatings Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global metallic powder coatings market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the metallic powder coatings market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Metallic Powder Coatings Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global metallic powder coatings market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Metallic Powder Coatings Market Segmentation
Powder Coatings Market by Process Type
Global Metallic Powder Coatings Market by Pigment Type
Global Metallic Powder Coatings Market by Resin Type
Global Metallic Powder Coatings Market by End-User
· Sports Goods & Fitness Equipment
Global Metallic Powder Coatings Market by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. AKZONOBEL N.V.
2. AMERICAN POWDER COATINGS, INC.
3. ASIAN PAINTS LIMITED
4. AXALTA COATING SYSTEMS, LLC
6. DIAMOND VOGEL
7. DULUXGROUP LTD.
8. ERIE POWDER COATINGS INC.
9. IFS COATINGS
10. IGP PULVERTECHNIK AG
11. JOTUN A/S
12. PPG INDUSTRIES
13. RPM INTERNATIONAL INC
14. THE SHERWIN-WILLIAMS COMPANY
15. TIGER COATINGS GMBH & CO. KG
Brand awareness is the the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the metallic powder coatings market.
Key Questions Answered
· Which region provides more business opportunities for the global metallic powder coatings market in the upcoming years?
· Who is the leading overall metallic powder coatings market, and what strategies have been adopted by them?
· Which segment accounted for the largest metallic powder coatings market share?
· What are the upcoming trends in the global metallic powder coatings market? What impact would these trends make in the coming years for the metallic powder coatings market?
· Which player offering the best product range for the global metallic powder coatings market?
Key Benefits for Stakeholders
· This study presents the analytical description of the Metallic powder coatings market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete metallic powder coatings market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global Metallic powder coatings market with thorough impact analysis
· The global metallic powder coatings market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global metallic powder coatings market
· Porters five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global Metallic powder coatings market
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