Latest news with #AxaltaCoatingSystems
Associated Press
08-07-2025
- Business
- Associated Press
Axalta Schedules Second Quarter 2025 Earnings Conference Call
PHILADELPHIA, July 08, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its second quarter 2025 financial results at 6 a.m. ET on Wednesday, July 30. The release and supporting materials will be posted to Axalta's Investor Relations site. In addition, the company will host a conference call at 8 a.m. ET on July 30. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will be available here. A replay of the webcast will be posted shortly after the call and will remain accessible through July 30, 2026. The dial-in phone number for the conference call is 1-800-225-9448 and the conference ID is AXALTA. For those unable to participate, a replay of the call will be available through August 6, 2025. The replay dial-in number is 1-844-512-2921. The replay passcode is 11159306. About Axalta Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information, visit and follow us on LinkedIn.
Yahoo
19-06-2025
- Business
- Yahoo
Paints and Coatings Global Industry Analysis 2025-2030 - China's Manufacturing Push Fuels Paints and Coatings Market Expansion
Waterborne coatings dominated with a 40.8% market share in 2024. Asia-Pacific led with a 35% share, propelled by construction and automotive sector growth Paints and Coatings Market Dublin, June 19, 2025 (GLOBE NEWSWIRE) -- "Paints and Coatings Market Size, Share & Trends Analysis Report by Product (Radiation-cured Coatings, Powder Coatings, Waterborne Coatings, Solvent-borne Coatings), and Region with Growth Forecasts, 2025-2030" has been added to Paints and Coatings Market was valued at USD 211.28 billion in 2024, and is projected to reach USD 280.19 billion by 2030, rising at a CAGR of 5.00%. The growth is majorly attributed to increasing consumption of products in automotive, construction, and general industries. The global construction industry is a major consumer of paints & coatings globally. Increasing urbanization and industrialization across the world have led to increased requirements for construction and infrastructure development, globally. In recent years, the market for paints & coatings has experienced growth, owing to the adoption of environmentally friendly materials that align with sustainable or green chemistry principles. This shift is fueled by rising consumer consciousness toward sustainable products and presence of stringent environmental regulations, which aim at reducing volatile organic compounds (VOC) instance, the product portfolio of Axalta Coating Systems, LLC includes Montana Big Sky Low VOC Basecoat, which meets a wide variety of automotive refinishing requirements. AkzoNobel N.V. has an Interpon product line, which offers eco-friendly solutions for its customers. Similarly, other players in the market are actively engaged in research and development of eco-friendly and sustainable solutions to reduce their greenhouse gas emissions and lower their ecological footprint. This trend of sustainable products is expected to drive the market over the forecast are subject to several statutory regulations and legislations. Use of these organic compounds in products is regulated by governmental & federal agencies to limit human exposure to toxic substances and control VOC emissions. VOCs are regulated by international & national regulatory bodies. Chemical industry associations, such as the European Chemical Industry Council (CEFIC) and the German Chemical Industry Association, along with other scientific groups, are constantly working to evaluate and develop paints & coatings with low-VOC content for use in various and Coatings Market Report Highlights Based on product, the waterborne coatings segment dominated the market with a revenue share of 40.8% in 2024, owing to their wide usage in confined & poorly ventilated spaces. These coatings dry at a faster rate, due to rapid evaporation of water. Powder-based coatings are more durable and eco-friendlier compared to their counterparts. They have negligible VOC content, due to the absence of solvents, thus, they comply efficiently & economically with the environmental protection regulations. In 2024, Asia-Pacific dominated the market with a revenue share of 35.0%, attributed to rising construction activities and growing demand from the automotive sector in emerging countries, such as India, Japan, and South Korea. China is expected to be one of the promising markets in the region on account of the government's support to promote investments in the manufacturing sector. This report addresses: Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segment and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listings for you to stay ahead of the curve Why Should You Buy This Report? Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments. Competitive Landscape: Explore the market presence of key players. Future Trends: Discover the pivotal trends and drivers shaping the future of the market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions. Key Attributes Report Attribute Details No. of Pages 80 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $211.28 Billion Forecasted Market Value (USD) by 2030 $280.19 Billion Compound Annual Growth Rate 5% Regions Covered Global Key Topics CoveredChapter 1. Methodology and ScopeChapter 2. Executive Summary2.1. Market Snapshot2.2. Segmental Outlook2.3. Competitive OutlookChapter 3. Market Variables, Trends, and Scope3.1. Global Paints and Coatings Market Outlook3.2. Value Chain Analysis3.2.1. Raw Material Outlook3.2.2. Manufacturing/Product Outlook3.2.3. Sales Channel Analysis3.3. Price Trend Analysis3.3.1. Factors Influencing Prices3.4. Regulatory Framework3.4.1. Standards & Compliances3.5. Market Dynamics3.5.1. Market Driver Analysis3.5.2. Market Restraint Analysis3.5.3. Market Challenges Analysis3.5.4. Market Opportunity Analysis3.6. Porter's Five Forces Analysis3.6.1. Bargaining Power of Suppliers3.6.2. Bargaining Power of Buyers3.6.3. Threat of Substitution3.6.4. Threat of New Entrants3.6.5. Competitive Rivalry3.7. PESTLE Analysis3.7.1. Political3.7.2. Economic3.7.3. Social Landscape3.7.4. Product3.7.5. Environmental3.7.6. LegalChapter 4. Paints and Coatings Market: Product Estimates & Trend Analysis4.1. Paints and Coatings Market: Product Movement Analysis, 2023 & 20304.2. Radiation-Cured Coatings4.3. Powder Coatings4.4. Waterborne Coatings4.5. Solvent-Borne Coatings Chapter 5. Paints and Coatings Market: Regional Estimates & Trend Analysis5.1. Regional Analysis, 2023 & 20305.2. North America5.3. Europe5.4. Asia-Pacific5.5. Latin America5.6. Middle East & Africa Chapter 6. Competitive Landscape6.1. Recent Developments by Key Market Participants6.2. Company Categorization6.3. Company Heat Map Analysis6.4. Company Market Positioning Analysis, 20246.5. Strategy Mapping6.6. Company Profiles/Listing6.6.1. Jotun6.6.2. The Sherwin-Williams Company6.6.3. Axalta Coating Systems6.6.4. PPG Industries, Inc.6.6.5. RPM INTERNATIONAL, INC.6.6.6. BASF SE6.6.7. Henkel AG & Company, KGaA6.6.8. Contego International Inc.6.6.9. Hempel A/S6.6.10. No-Burn Inc.6.6.11. Nullifire6.6.12. 3M6.6.13. Albi Protective Coatings6.6.14. AkzoNobel N.V. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Paints and Coatings Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Paints and Coatings Global Industry Analysis 2025-2030 - China's Manufacturing Push Fuels Paints and Coatings Market Expansion
Waterborne coatings dominated with a 40.8% market share in 2024. Asia-Pacific led with a 35% share, propelled by construction and automotive sector growth Paints and Coatings Market Dublin, June 19, 2025 (GLOBE NEWSWIRE) -- "Paints and Coatings Market Size, Share & Trends Analysis Report by Product (Radiation-cured Coatings, Powder Coatings, Waterborne Coatings, Solvent-borne Coatings), and Region with Growth Forecasts, 2025-2030" has been added to Paints and Coatings Market was valued at USD 211.28 billion in 2024, and is projected to reach USD 280.19 billion by 2030, rising at a CAGR of 5.00%. The growth is majorly attributed to increasing consumption of products in automotive, construction, and general industries. The global construction industry is a major consumer of paints & coatings globally. Increasing urbanization and industrialization across the world have led to increased requirements for construction and infrastructure development, globally. In recent years, the market for paints & coatings has experienced growth, owing to the adoption of environmentally friendly materials that align with sustainable or green chemistry principles. This shift is fueled by rising consumer consciousness toward sustainable products and presence of stringent environmental regulations, which aim at reducing volatile organic compounds (VOC) instance, the product portfolio of Axalta Coating Systems, LLC includes Montana Big Sky Low VOC Basecoat, which meets a wide variety of automotive refinishing requirements. AkzoNobel N.V. has an Interpon product line, which offers eco-friendly solutions for its customers. Similarly, other players in the market are actively engaged in research and development of eco-friendly and sustainable solutions to reduce their greenhouse gas emissions and lower their ecological footprint. This trend of sustainable products is expected to drive the market over the forecast are subject to several statutory regulations and legislations. Use of these organic compounds in products is regulated by governmental & federal agencies to limit human exposure to toxic substances and control VOC emissions. VOCs are regulated by international & national regulatory bodies. Chemical industry associations, such as the European Chemical Industry Council (CEFIC) and the German Chemical Industry Association, along with other scientific groups, are constantly working to evaluate and develop paints & coatings with low-VOC content for use in various and Coatings Market Report Highlights Based on product, the waterborne coatings segment dominated the market with a revenue share of 40.8% in 2024, owing to their wide usage in confined & poorly ventilated spaces. These coatings dry at a faster rate, due to rapid evaporation of water. Powder-based coatings are more durable and eco-friendlier compared to their counterparts. They have negligible VOC content, due to the absence of solvents, thus, they comply efficiently & economically with the environmental protection regulations. In 2024, Asia-Pacific dominated the market with a revenue share of 35.0%, attributed to rising construction activities and growing demand from the automotive sector in emerging countries, such as India, Japan, and South Korea. China is expected to be one of the promising markets in the region on account of the government's support to promote investments in the manufacturing sector. This report addresses: Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segment and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listings for you to stay ahead of the curve Why Should You Buy This Report? Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments. Competitive Landscape: Explore the market presence of key players. Future Trends: Discover the pivotal trends and drivers shaping the future of the market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions. Key Attributes Report Attribute Details No. of Pages 80 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $211.28 Billion Forecasted Market Value (USD) by 2030 $280.19 Billion Compound Annual Growth Rate 5% Regions Covered Global Key Topics CoveredChapter 1. Methodology and ScopeChapter 2. Executive Summary2.1. Market Snapshot2.2. Segmental Outlook2.3. Competitive OutlookChapter 3. Market Variables, Trends, and Scope3.1. Global Paints and Coatings Market Outlook3.2. Value Chain Analysis3.2.1. Raw Material Outlook3.2.2. Manufacturing/Product Outlook3.2.3. Sales Channel Analysis3.3. Price Trend Analysis3.3.1. Factors Influencing Prices3.4. Regulatory Framework3.4.1. Standards & Compliances3.5. Market Dynamics3.5.1. Market Driver Analysis3.5.2. Market Restraint Analysis3.5.3. Market Challenges Analysis3.5.4. Market Opportunity Analysis3.6. Porter's Five Forces Analysis3.6.1. Bargaining Power of Suppliers3.6.2. Bargaining Power of Buyers3.6.3. Threat of Substitution3.6.4. Threat of New Entrants3.6.5. Competitive Rivalry3.7. PESTLE Analysis3.7.1. Political3.7.2. Economic3.7.3. Social Landscape3.7.4. Product3.7.5. Environmental3.7.6. LegalChapter 4. Paints and Coatings Market: Product Estimates & Trend Analysis4.1. Paints and Coatings Market: Product Movement Analysis, 2023 & 20304.2. Radiation-Cured Coatings4.3. Powder Coatings4.4. Waterborne Coatings4.5. Solvent-Borne Coatings Chapter 5. Paints and Coatings Market: Regional Estimates & Trend Analysis5.1. Regional Analysis, 2023 & 20305.2. North America5.3. Europe5.4. Asia-Pacific5.5. Latin America5.6. Middle East & Africa Chapter 6. Competitive Landscape6.1. Recent Developments by Key Market Participants6.2. Company Categorization6.3. Company Heat Map Analysis6.4. Company Market Positioning Analysis, 20246.5. Strategy Mapping6.6. Company Profiles/Listing6.6.1. Jotun6.6.2. The Sherwin-Williams Company6.6.3. Axalta Coating Systems6.6.4. PPG Industries, Inc.6.6.5. RPM INTERNATIONAL, INC.6.6.6. BASF SE6.6.7. Henkel AG & Company, KGaA6.6.8. Contego International Inc.6.6.9. Hempel A/S6.6.10. No-Burn Inc.6.6.11. Nullifire6.6.12. 3M6.6.13. Albi Protective Coatings6.6.14. AkzoNobel N.V. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Paints and Coatings Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
01-06-2025
- Business
- Yahoo
Is Now The Time To Put Axalta Coating Systems (NYSE:AXTA) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. In contrast to all that, many investors prefer to focus on companies like Axalta Coating Systems (NYSE:AXTA), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. Shareholders will be happy to know that Axalta Coating Systems' EPS has grown 17% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. This approach makes Axalta Coating Systems look pretty good, on balance; although revenue is flattish, EBIT margins improved from 13% to 15% in the last year. That's something to smile about. The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. See our latest analysis for Axalta Coating Systems In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Axalta Coating Systems' forecast profits? Owing to the size of Axalta Coating Systems, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. As a matter of fact, their holding is valued at US$25m. That shows significant buy-in, and may indicate conviction in the business strategy. Despite being just 0.4% of the company, the value of that investment is enough to show insiders have plenty riding on the venture. For growth investors, Axalta Coating Systems' raw rate of earnings growth is a beacon in the night. With EPS growth rates like that, it's hardly surprising to see company higher-ups place confidence in the company through continuing to hold a significant investment. The growth and insider confidence is looked upon well and so it's worthwhile to investigate further with a view to discern the stock's true value. Even so, be aware that Axalta Coating Systems is showing 1 warning sign in our investment analysis , you should know about... Although Axalta Coating Systems certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
15-05-2025
- Business
- Yahoo
Powder Coatings Market Outlook & Forecasts Report 2025-2030: Shift Towards Eco-Friendly and Sustainable Practices, Price Volatility in Raw Materials, Growing Demand for Automotive Vehicles
The global powder coatings market is highly fragmented, with numerous players operating locally and globally across multiple product lines and application industries. The top players dominating the global powder coatings market are AkzoNobel N.V., PPG Industries, Axalta Coating Systems, The Sherwin-Williams Company, Jotun Group, and BASF SE. These companies focus on high technology, especially sustainable and low-temperature curing powder coating solutions, which meet the varied demands of customers and regulatory requirements. Furthermore, strategic collaborations and partnerships have become a necessity in a competitive market environment for the expansion of markets and enhanced service offerings. Companies are investing more in R&D to develop advanced powder coating solutions with improved performance, efficiency, and environmental compliance. Powder Coatings Market Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Powder Coatings Market - Global Outlook & Forecast 2025-2030" report has been added to Powder Coatings Market was valued at USD 15.17 billion in 2024, and is projected to reach USD 20.87 billion by 2030, rising at a CAGR of 5.46% The global powder coatings market presents relatively large regional variations as a result of industrial development, environmental regulations, and innovations in coating technologies. The APAC region dominated the global powder coatings market in 2024 with a revenue share of more than 38%. This dominance is essentially due to brisk industrialization, urbanization, and growing investment in the auto, construction, and consumer goods sectors, particularly in such countries as China, India, and Southeast Asia. Government moves for infrastructure support and growing requirements for green coatings and high-performance coatings are major drivers of the market in the America also holds a significant share of the global powder coatings market, driven by the growing demand for powder coatings in the automotive and industrial sectors. Powder coatings are encouraged due to stringent regulations on the environment, and growing awareness regarding the benefits of sustainable coatings over liquid coatings holding high percentages of VOC in it. The U.S. and Canada are major contributors with ongoing investments in advanced coating technologies to meet industry-specific requirements. Furthermore, the growth of the powder coatings market in Europe is steady and supported by stringent environmental regulations and a focus on sustainable manufacturing practices. Key markets include Germany, France, and Italy, with significant adoption in automotive, furniture, and architectural applications. This region has also focused on VOC emission reduction and the use of eco-friendly products, thereby stimulating the growth of powder Latin America, expansion in industry, urbanization, and investment in manufacturing industries of countries such as Brazil, Mexico, and Argentina form major growth factors for the powder coatings market. Furthermore, infrastructure development in MEA along with increasing demand for industrial activities in Saudi Arabia, the UAE, and South Africa are giving impetus to the use of powder coatings. The need for corrosion-resistant and durable coatings in the region's harsh climate further supports the powder coatings market growth. Also, Saudi Arabia holds a significant share of the market in the MEA region. The powder coatings market in Saudi Arabia is mainly driven by the construction, automotive, and industrial sectors. As the country continues to focus on infrastructure development and industrial diversification, more and more are being adopted based on the powder coatings' durability and efficiency. Strong regional positioning with a thorough acquisition and joint venture strategy is also an important maneuver by industry leaders in establishing an adequate hold on emerging opportunities. The continued focus on energy-efficient and VOC-free solutions corresponds to the trend toward a sustainable global scenario. As environmental regulations get stringent and industrial demand continues to gain strength, the competition in the powder coatings market will become more acute, leading to further innovation and cooperation. MARKET TRENDS & OPPORTUNITIES Shift Towards Eco-Friendly and Sustainable PracticesIndustries are shifting towards powder coatings due to the growing focus on reducing carbon footprints and environmental regulations. These coatings emit very low VOCs and have a higher material utilization rate than traditional liquid coatings. This is creating opportunities for manufacturers to develop eco-friendly, bio-based powder coatings to meet demands in the powder coatings market. For instance, in February 2025, PPG is investing in powder coatings as part of its strategy to achieve 50% of sales from sustainably advantaged solutions by 2030. Additionally, in 2024, Arkema is expanding its sustainable offerings, showcasing new products at the American Coatings Show 2024 and obtaining Mass Balance ISCC+ certification at its powder coating resins facility in Spain. Meanwhile, AkzoNobel is advancing its powder coatings technology for EV batteries, further contributing to sustainable innovation in the industry. This trend opens opportunities for manufacturers to formulate an eco-friendly, bio-based powder coating to cater to the evolving demands of the powder coatings Demand for Automotive VehiclesThe automotive industry is another big market for powder coatings. As electric vehicles (EVs) take more market share from traditional gas-fueled transportation, the sheer volume of powder needs will increase significantly. Dielectric properties of epoxy powder coatings also offer cost savings opportunities for EV battery manufacturers when compared to liquid coatings. Plus, powder coatings are more adept than liquid at handling the heat of the battery during charging. Additionally, the global automotive aftermarket is witnessing growth, as sales revenue surged by 4% last year to USD 71 RESTRAINTS Price Volatility in Raw MaterialsFluctuating raw material prices, particularly resins and pigments from petrochemical sources, are challenges to the powder coatings market. For instance, epoxy resins, an ingredient in powder coating, are already up 25% over last year. This increase is largely due to constrained supply from major producers in Asia, in addition to a rise in demand in industries like automotive and electronics. Volatility in global crude oil prices and supply chain disruptions can impact production costs and profitability. Manufacturers are compelled to adopt strategic procurement practices and explore bio-based alternatives to mitigate these INSIGHTS INSIGHTS BY RESIN TYPEThe global powder coatings market by resin type is segmented into thermoset resin and thermoplastic resin. Among these, thermoset resins emerged as the dominant segment in 2024. The popularity of thermoset resins can be attributed to their excellent mechanical properties, resistance to heat and chemicals, and ability to form strong, durable coatings upon curing. These properties make them ideal for applications in the automotive, construction, and industrial equipment industries. Additionally, the use of thermoset resins provides environmental advantages since it gives minimal VOCs, aligning with the ever-growing emphasis in the industry to be more environmentally friendly. Furthermore, in the global powder coatings market, thermoplastic resins play a significant role due to their durability, chemical resistance, and recyclability. Key global manufacturers in this segment include BASF SE, Arkema S.A., Dow Inc., LyondellBasell Industries, DSM Engineering Materials, SABIC, Evonik Industries AG, Solvay S.A., and Celanese Corporation. INSIGHTS BY THERMOSET RESINThe largest share within the thermoset resin category was polyester resins, with more than 30% of the total revenue in 2024. The polyester-based powder coatings are widely demanded due to their cost-effectiveness, resistance to weather conditions, and multiple applications. It is widely used in both interior and exterior applications, such as automotive components, garden furniture, and architectural applications like window frames and cladding. The increase in demand for high-performance and durable coatings in the infrastructure and transport sectors remains a strong catalyst for the adoption of polyester-based powder BY END USERThe global powder coatings market by end-user is segmented into consumer goods, automotive, general industrial, furniture, architectural, and others. The consumer goods segment accounted for the most dominant market share, showing that this segment is significant in the powder coatings market. Consumer goods applications include household appliance coatings, electronics coatings, furniture coatings, and metal goods coatings. The superior aesthetic appearance, durability, and corrosion- and scratch-resistance properties of powder coatings make them more preferred in this industry. In addition, the environmental benefits of powder coatings, such as solvent-free and low-waste products, align with the growing demand for eco-friendly products from consumers. With the manufacturer's emphasis on product longevity and aesthetic appeal, the consumer goods industry will continue to remain one of the stronger the automotive industry is a significant contributor to the global powder coatings market revenue. Powder coatings are increasingly being used in automotive applications because they can offer strong protection against harsh environmental conditions, such as UV exposure, salt, and road debris. The automotive industry is also increasingly focusing on sustainability and cost-effectiveness, and powder coatings offer benefits such as low environmental impact, reduced waste, and energy-efficient application processes. Also, the furniture sector is another significant end-user in the powder coatings market share. With the shift in consumer preferences toward more durable and aesthetically diverse furniture options, powder coatings are increasingly used for both metal and wooden furniture. KEY QUESTIONS ANSWERED What is the growth rate of the global powder coatings market? How big is the global powder coatings market? Which region dominates the global powder coatings market share? What are the significant trends in the powder coatings market? Who are the key players in the global powder coatings market? Key Attributes: Report Attribute Details No. of Pages 303 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $15.17 Billion Forecasted Market Value (USD) by 2030 $20.87 Billion Compound Annual Growth Rate 5.4% Regions Covered Global Premium Insights Opportunity Pockets Market Maturity Indicator Regional Insights Report Overview Recent Developments Opportunities & Challenges Segment Analysis Regional Analysis Competitive Landscape Market Opportunities & Trends Shift Toward Eco-Friendly and Sustainable Practices M&A in the Paint & Coatings Industry Focus on Low-Temperature Cure Powder Coating Technologies Market Growth Enablers Growing Demand for Automotive Vehicles Expansion of End-use Industries (Multiple Industries) Rising Popularity of Powder Coatings due to Time-Saving Benefits Market Restraints Limited Applications of Powder Coatings Raw Material Price Volatility Supply Chain Disruption in Powder Coatings Industry Powder Coatings Market Overview Powder Coating Durability Powder Coatings vs Paints Electrostatic Powder Spraying (Eps) Powder Coating Costs 2024 Common Powder Coating Challenges & Solutions The Role of Powder Coatings in Manufacturing The Need for Matte Finish Use of Powder Coatings in Outdoor Furniture, Lawn & Garden Products Key Company Profiles Akzo Nobel PPG Industries Inc. The Sherwin-Williams Company RPM International Inc. Axalta Coating Systems Other Prominent Vendors Allnex GmbH Arkema Asian Paints PPG Pvt. Ltd. BASF Berger Paints India Diamond Vogel dsm-firmenich Dulux Jotun Eastman Chemical Company Evonik Nippon Paint Industrial Coatings Co., Ltd TIGER Coatings GmbH & Co. KG Teknos Group Kansai Nerolac Paints Limited KCC Corporation Sika Wacker Chemie AG Arsonsisi S.p.A. IBA Kimya A.S. CWS - Powder Coatings Erie Powder Coatings Inc. Europolveri SPA Hentzen Coatings, Inc. IFS Coatings Keyland Polymer SAKS-POL Elite Metal Coatings PRISMATIC POWDERS Gema Switzerland GmbH Keystone Koating Rapid Engineering Co. Pvt. Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Powder Coatings Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
