Powder Coatings Market Size Worth USD 27.25 Billion by 2034 | CAGR: 5.1%

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.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/powder-coatings-market/request-for-sample

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:

By Resin Type Outlook (Revenue – USD Billion, 2020–2034)

• Epoxy
• Polyester
• Epoxy-Polyester (Hybrid)
• Acrylic
• Polyurethane
• Others

By Coating Method Outlook (Revenue – USD Billion, 2020–2034)

• Electrostatic Spray Coating
• Fluidized Bed Coating
• Electrostatic Fluidized Bed Process
• Flame Spraying

By Application Outlook (Revenue – USD Billion, 2020–2034)

• Consumer Goods
• Architectural
• Automotive
• General Industries
• Furniture
• Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Powder Coatings Market Report Scope