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 Germany to grow at a CAGR of 4.41 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 Poland for the period 2015-2019. The report also provides data on the different segments of the market, which are based on the following criteria: type (thermoset powder coatings that include polyester, epoxy-polyester, epoxy, and acrylic powder coatings and thermoplastic powder coatings that include PVC, nylon, and other thermoplastic powder coatings); substrate (metals, plastics, and wood); and application (architecture, general industry, automotive, and other applications).
TechNavio's report, Powder Coatings Market in Germany 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 Germany 2015-2019
Technavio recognizes the following companies as the key players in the Powder Coatings Market in Germany 2015-2019: AkzoNobel NV, Axalta Coating Systems LLC, BASF SE, PPG Industries Inc. and The Valspar Corp.
Other Prominent Vendors in the market are: Brillux, CWS Powder Coatings, FreiLacke, Helios, IGP Powder Coatings, Jotun, Karl Wörwag Lack- und Farbenfabrik, Neokem, Plascoat, Rembrandtin Powder Coating, ST Powder Coatings, Teknos and TIGER Coatings.
Commenting on the report, an analyst from Technavio’s team said: “The increasing use of powder coatings for coil applications is a major trend in the market. Advances in technology and a greater cost-to-benefit ratio compared to alternative coating systems are expected to increase the demand for such powder coil coatings.”
According to the report, demand for powder coatings for application in products such as MDF is a major contributor to market growth. The use of powder coatings on such heat-sensitive substrates is limited, and metal substrates account for a major share of consumption. However, with advances in technology, the powder coatings market for MDF is expected to grow rapidly during the forecast period.
Further, the report states that a maturing market for powder coatings in Germany is expected to restrict market growth.
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- http://www.technavio.com/healthcare-chemicals-food-retail
AkzoNobel NV, Axalta Coating Systems LLC, BASF SE, PPG Industries Inc. and The Valspar Corp., Brillux, CWS Powder Coatings, FreiLacke, Helios, IGP Powder Coatings, Jotun, Karl Wörwag Lack- und Farbenfabrik, Neokem, Plascoat, Rembrandtin Powder Coating, ST Powder Coatings, Teknos and TIGER Coatings.
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