Powder Coatings Market in Central and Eastern Europe 2015-2019
About Powder Coatings
Powder coatings are a type of solvent-free coating products that are used to provide a dry finishing process. They are known for their high-quality and durable finish. These coatings emit few volatile organic compounds and are, hence, eco-friendly compared to solvent-borne coatings. Powder coatings are composed of resins, additives, curing agents, extenders or fillers, and tint pigments.
TechNavio's analysts forecast the Powder Coatings market in Central and Eastern Europe to grow at a CAGR of 5.79 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Powder Coatings market in Central and Eastern Europe for the period 2015-2019. The report also provides data on the different segments of the market: type (thermoset powder coatings including polyester, epoxy-polyester, epoxy, and acrylic powder coatings; thermoplastic powder coatings including PVC, nylon, and other thermoplastic powder coatings); substrate (metals, plastics, and wood); application (architecture, automotive, general industry, and others); and country (Armenia, Belarus, Bulgaria, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Poland, Romania, Russia, Slovakia, Slovenia, Turkey, Ukraine, and Moldova).
TechNavio's report, Powder Coatings Market in Central and Eastern Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Powder Coatings Market in Central and Eastern Europe 2015-2019
Technavio recognizes the following companies as the key players in the Powder Coatings Market in Central and Eastern Europe: AkzoNobel NV, Axalta Coating Systems LLC, BASF SE, PPG Industries Inc.m, Teknos Group, The Helios Group, The Jotun Group (Jotun) and The Valspar Corp. (Valspar)
Other Prominent Vendors in the market are: Brillux, Cinkarna Celje, CWS Powder Coatings, DYO Boya, Eco-Color, Element, Etika Powder Coatings, İBA Kimya, IGP Powder Coatings, JSC Betriolis, Karl Bubenhofer, Kober, MAV, Neokem, Plascoat, Protech Powder, Pulver Kimya, ST Powder Coatings and TIGER Coatings
Commenting on the report, an analyst from Technavio’s team said: “Technological advancements in processes such as powder coating reclaim systems and proprietary one-coat or two-coat systems are one of the key trends being witnessed in the market. Several companies in the market offer such systems and provide integrated powder coatings services, thereby adding value to the overall powder-coated product.”
According to the report, demand for powder coatings in Eastern Europe is on the rise for application in products such as medium-density fiberboard and other natural wood products. The use of powder coatings on such heat-sensitive substrates is limited and metal substrates account for most of the consumption.
Further, the report states that issues with the application of powder coatings are a major factor restricting their adoption. For instance, powder coatings may form uneven layers or produce uneven thickness at edges and corners, and this poses a challenge to the growth of the market.
AkzoNobel , Axalta Coating Systems, BASF , PPG Industries, Teknos Group, The Helios Group, The Jotun Group, The Valspar, Brillux, Cinkarna Celje, CWS Powder Coatings, DYO Boya, Eco-Color, Element, Etika Powder Coatings, İBA Kimya, IGPPowder Coatings, Inver, JSC Betriolis, Karl Bubenhofer, Kober, MAV, Neokem, Plascoat, Protech Powder, Pulver Kimya, ST Powder Coatings, TIGER Coatings
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