At what pace is the metallic powder coating market growing, and what is its estimated value?
The metallic powder coating market size has grown strongly in recent years. It will grow from $2.38 billion in 2024 to $2.56 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to the rise of automotive manufacturing, increased focus on corrosion resistance, the push for environmentally friendly coatings, and the demand for high-quality aesthetic finishes in various industries.
The metallic powder coating market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for environmentally friendly coatings, growth in the automotive and construction industries, rising consumer preference for aesthetic finishes, and stringent regulations on volatile organic compounds (VOCs). Major trends in the forecast period include the rise of eco-friendly formulations, automation in application processes, advancements in multi-layer coating systems, and the integration of smart coatings with functionality.
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What are the top drivers to the rising demand in the metallic powder coating market?
The increasing production of automobiles is expected to propel the growth of the metallic powder coating market going forward. Automobiles are motor vehicles designed primarily for transporting passengers on roadways, featuring various styles powered by internal combustion engines or electric motors. The production of automobiles is increasing due to rising global demand for personal transportation and the growth of electric vehicles, which are reshaping consumer preferences and driving innovation in the industry. Metallic powder coating in automobile production is used to enhance durability, and corrosion resistance and provide a premium metallic finish to vehicle components. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based lobbying and standards group, in 2022, global production of motor vehicles reached 85.4 million, marking a 5.7% increase from 2021. Therefore, the increasing production of automobiles is driving the growth of the metallic powder coating market.
How is the metallic powder coating market segmented?
The metallic powder coatingmarket covered in this report is segmented –
1) By Type: Bonding Process, Blending Process, Extrusion Process
2) By Resin Type: Epoxy Polyester, Polyester, Epoxy, Polyurethane
3) By Pigment Type: Aluminum, Mica, Other Pigment Types
4) By Application: Architectural, Automotive, Appliance, Furniture, Leisure Equipment
Subsegments:
1) By Bonding Process: Physical Bonding, Chemical Bonding, Electrostatic Bonding
2) By Blending Process: Dry Blending, Wet Blending, Mechanical Blending
3) By Extrusion Process: Single-Screw Extrusion, Twin-Screw Extrusion, Compounding Extrusion
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Who are the top competitors in the metallic powder coating market?
Major companies operating in the metallic powder coating marker are The Sherwin-Williams Company, PPG Industries Inc., Axalta Coating Systems LLC, Jotun Powder Coatings, Berger Paints India Limited, Delight Polymers Pvt Ltd., Beckers Group, PEKO Precision Products Inc., HMG Paints Ltd., Tradeindia, Primatek Coatings OÜ, Protech Group, Prismatic Powders, Technical Glass and Aluminium LLC, Aajjo, All-Color Powder Coating Inc., Archello, Crescent Bronze Powder Co, Nivera Paints, Prism Coating Powder, Ritver Paints and Coatings, SendCutSend LLC, TCI Powder, Tulip Paints, Value Added Coating Solution Private Limited, Zigma Paints Pvt Ltd
What significant trends should we anticipate in the metallic powder coating market over the forecast period?
Major companies operating in the metallic powder coating market are focusing on developing advanced coating solutions such as superdurable low-energy powder coatings to enhance finish quality, durability, and resistance to environmental factors. Superdurable low-energy powder coatings are advanced coatings that offer enhanced durability and environmental resistance while curing at lower temperatures, reducing energy consumption and production costs. For instance, in September 2024, AkzoNobel NV, a Netherlands-based paint and coating manufacturing company, launched the Interpon D2525 Low-E range, a series of superdurable low-bake powder coatings designed to protect architectural surfaces in harsh environments. These innovative coatings can be cured at lower temperatures (as low as 150°C), resulting in up to 20% energy savings and 25% faster curing times compared to conventional powders. The Interpon D2525 Low-E coatings are ideal for a variety of metal surfaces, including facades, windows, and railings, offering excellent durability and color retention.
Which regional trends are influencing the metallic powder coating market, and which area dominates the industry?
Asia-Pacific was the largest region in the metallic powder coating market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the metallic powder coating marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Metallic Powder Coating Market Report 2025 Offer?
The metallic powder coating market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Metallic powder coating refers to a type of finish applied to surfaces using powdered pigments that contain metal particles, providing a shimmering or reflective appearance. This coating process involves electrostatically charging the powder, which allows it to adhere to the substrate before being cured under heat.
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