PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625393
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625393
The global powder coatings market size is expected to reach USD 27.25 billion by 2034, according to a new study by Polaris Market Research. The report "Powder Coatings Market Size, Share, Trends Analysis Report: By Resin Type [Epoxy, Polyester, Epoxy-Polyester (Hybrid), Acrylic, Polyurethane, and Others], Coating Method, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Powder coating is a dry finishing process that involves the spraying of electrostatically charged pigment and resin particles onto materials to form a protective layer. The coating technique is often used to create a durable, hard finish that is more resistant to wear and tear than conventional paint. Also, it helps protect materials against chipping, scrapping, and corrosion.
The growing inclination toward the usage of powder coatings instead of Poly(vinylidene fluoride) due to their easy application, higher utilization rates, and lower environmental impact is expected to boost the powder coatings market growth in the coming years. The implementation of stringent regulations by several governments and regulatory authorities worldwide to limit the usage of solvent-based conventional coatings is also driving the demand for powder coatings.
The rising global demand for automobiles is a major driver of the powder coatings market expansion. Traditionally, powder coatings have been used to coat only specific automobile parts, such as engine components and chassis. However, some leading automobile manufacturers have begun using powder to coat other parts, such as shock absorbers, bumpers, radiators, wheels, and coil springs. Thus, the need for powder coating has increased among vehicle manufacturers and the overall automobile industry.
Key Highlights of Powder Coating Market Report
By resin type insights, the polyester segment dominated the powder coatings market with a revenue share of 27.1% in 2024. This is primarily because these resins are suitable for harsh outdoor conditions and find applications as reinforced linings.
By application insights, the consumer goods segment held the largest powder coatings market revenue share of 23.9% in 2024, as powder coatings find widespread applications in several consumer goods.
Asia Pacific accounted for the largest revenue share of 38.1% in 2024. The rapid urbanization and industrialization in major nations such as India and China have led to increased demand for powder coatings in the region.
North America emerged as the second-largest regional market in 2024. The presence of various end-use sectors, including construction and automotive, in countries such as Canada and the US drives the need for powder coatings in North America.
A few leading companies in the market include Akzo Nobel N.V.; PPG Industries, Inc.; JOTUN; Nippon Paint Holdings Co., Ltd.; RPM International, Inc.; BASF SE; Arkema; and The Sherwin-Williams Company.
Polaris Market Research has segmented the powder coatings market report on the basis of resin type, coating method, application, and region:
Table 1 Global Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 2 Global Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 3 Global Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 4 North America: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 5 North America: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 6 North America: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 7 US: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 8 US: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 9 US: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 10 Canada: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 11 Canada: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 12 Canada: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 13 Europe: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 14 Europe: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 15 Europe: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 16 UK: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 17 UK: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 18 UK: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 19 France: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 20 France: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 21 France: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 22 Germany: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 23 Germany: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 24 Germany: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 25 Italy: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 26 Italy: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 27 Italy: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 28 Spain: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 29 Spain: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 30 Spain: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 31 Netherlands: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 32 Netherlands: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 33 Netherlands: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 34 Russia: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 35 Russia: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 36 Russia: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 37 Rest of Europe: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 38 Rest of Europe: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 39 Rest of Europe: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 40 Asia Pacific: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 41 Asia Pacific: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 42 Asia Pacific: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 43 China: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 44 China: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 45 China: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 46 India: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 47 India: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 48 India: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 49 Malaysia: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 50 Malaysia: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 51 Malaysia: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 52 Japan: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 53 Japan: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 54 Japan: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 55 Indonesia: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 56 Indonesia: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 57 Indonesia: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 58 South Korea: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 59 South Korea: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 60 South Korea: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 61 Australia: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 62 Australia: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 63 Australia: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 64 Rest of Asia Pacific: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 65 Rest of Asia Pacific: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 66 Rest of Asia Pacific: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 67 Middle East & Africa: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 68 Middle East & Africa: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 69 Middle East & Africa: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 70 Saudi Arabia: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 71 Saudi Arabia: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 72 Saudi Arabia: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 73 UAE: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 74 UAE: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 75 UAE: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 76 Israel: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 77 Israel: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 78 Israel: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 79 South Africa: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 80 South Africa: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 81 South Africa: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 82 Rest of Middle East & Africa: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 83 Rest of Middle East & Africa: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 84 Rest of Middle East & Africa: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 85 Latin America: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 86 Latin America: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 87 Latin America: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 88 Mexico: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 89 Mexico: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 90 Mexico: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 91 Brazil: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 92 Brazil: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 93 Brazil: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 94 Argentina: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 95 Argentina: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 96 Argentina: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
Table 97 Rest of Latin America: Powder Coatings Market, by Resin Type, 2020-2034 (USD Billion)
Table 98 Rest of Latin America: Powder Coatings Market, by Coating Method, 2020-2034 (USD Billion)
Table 99 Rest of Latin America: Powder Coatings Market, by Application, 2020-2034 (USD Billion)
List of Figures:
Figure 1. Global Powder Coatings Market, 2020-2034 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Resin Type
Figure 7. Global Powder Coatings Market, by Resin Type, 2024 & 2034 (USD Billion)
Figure 8. Market by Coating Method
Figure 9. Global Powder Coatings Market, by Coating Method, 2024 & 2034 (USD Billion)
Figure 10. Market by Application
Figure 11. Global Powder Coatings Market, by Application, 2024 & 2034 (USD Billion)