Graphical Research Predicts Europe Powder Coatings Market to Flourish by 2026
Category: #energy-and-environment  By Shashie Pawar  Date: 2020-06-17
  • share
  • Twitter
  • Facebook
  • LinkedIn
Graphical Research Predicts Europe Powder Coatings Market to Flourish by 2026

According to the Graphical Research new growth forecast report titled “Europe Powder Coatings Market Size By Resin, Application, Substrate, Application Potential, Competitive Market Share & Forecast, 2020 - 2026”, Estimated to Exceed USD 3.4 Billion by 2026. Powder coatings are a commonly used as a surface finishing and are performed on substrates that are exposed to extreme weather conditions. They have a precise film thickness and enable simplified rectification of inappropriately coated areas, making them a preferred choice for various end-use applications.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1308/sample

Thermoset resin accounted for around 93% of the share in the Europe powder coatings market, in the resin segment. The resin has a unique chemical structure as compared to its other counterparts. It remains thermally stable post-curing treatment, which means it cannot be liquefied again Thermoset plastic resins include epoxy, polyester, polyurethane, acrylic, and epoxy-polyester hybrid. This type of resin is extensively used to coat appliances owing to their temperature-resistant properties. Favorable regulatory policies have fuelled the adoption of thermoset powder coatings across several end-use industries.

Automotive applications is expected to register a CAGR of 8%, in the application segment of the Europe powder coatings market. The automotive industry will grow rapidly as a result of Europe’s strong export base in regions which include Germany, Brazil, China, and Malaysia which have exhibited a surging demand for high profile luxury cars. The use of these coatings in numerous applications including underhood components, rims, and, door handles owing to the growing demand for superior texture and finish will spur product penetration in the automotive segment.

Europe powder coatings market for metallic substrate dominated the market and will grow at a CAGR of 6%. The coating is performed on metal parts exposed to extreme climatic conditions. Coating formulators and raw material suppliers are developing powder coating technologies that can be applied to metallic surfaces more efficiently to exhibit enhanced attributes and have a more diverse range of potential applications.

Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1308/inquiry-before-buying

Key players in the Europe powder coatings market are AkzoNobel N.V., BASF SE, Jotun Powder Coatings and Evonik Industries. These players are focusing on acquiring regional players which already have an established presence in the market.

Europe Powder Coatings Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2019 to 2026, for the following segments:

Europe Powder Coatings Market Share, By Substrate

  • Metallic
  • Non-Metallic

Europe Powder Coatings Market Size, By Resin

  • Thermoplastic
  • Thermoset
  • Fusion Bonded Epoxy

Europe Powder Coatings Market Size, By Application

  • Architecture
  • Jobbers
  • Agriculture & Construction Equipment
  • Pipeline
  • Oil & Gas
  • Apliances
  • General Metal
  • Outdoor Furniture
  • Playground Equipment
  • Automotive & Transportation Components
  • Wheels

Related Reports:

North America Busbar Trunking System Market : https://www.marketwatch.com/press-release/north-america-busbar-trunking-system-market-to-register-a-stout-growth-of-us-600-mn-by-2024-end-2020-06-12

Asia Pacific Drill Pipe Market : https://www.marketwatch.com/press-release/asia-pacific-drill-pipe-market-professional-survey-2020-by-manufacturers-regions-countries-types-and-applications-forecast-to-2026-2020-06-10

Europe Combined Heat And Power (CHP) Market : https://www.marketwatch.com/press-release/europe-combined-heat-and-power-chp-market-report-historical-data-market-forecasts-2020-2026-2020-06-09

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.com

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Shashie Pawar

Shashie Pawar    

Shashie Pawar is a tech blogger and a digital marketing pro since 3 years and writes for Ground alerts. A Electronics & communication Engineering graduate by education, Shashie offers his analysis on the tech market research landscape. His strong suit is analyzing the...

Read More >>

More News By Shashie Pawar

New Study of the North America Software Defined- Wide Area Network (SD-WAN) Market include Strategies, Competitive Research & Growth By 2025
New Study of the North America Software Defined- Wide Area Network (SD-WAN) Market include Strategies, Competitive Research & Growth By 2025
By Shashie Pawar

The rising demand for the next-generation 5G network is supporting the SD-WAN market growth in the region. The dependency of 5G on network performance will enable the efficient allocation of network resources to satisfy users’ demands, increasi...

Europe Medical Oxygen Concentrators Market Size growth to outpace at 7.5% CAGR by 2025
Europe Medical Oxygen Concentrators Market Size growth to outpace at 7.5% CAGR by 2025
By Shashie Pawar

Increasing elderly population is one of the major factors driving the European medical oxygen concentrators market share. Geriatric population are highly susceptible to acquiring various respiratory disorders such as pulmonary hypertension, COPD, ast...

North America Railway Management System Market To Perceive Substantial Growth During 2019–2024
North America Railway Management System Market To Perceive Substantial Growth During 2019–2024
By Shashie Pawar

The rising adoption of AI and cloud-based services in railways is a major factor contributing to market growth. It assists the rail operators for the remote monitoring of the system, predicting failures before they occur. For instance, Fujitsu in par...