Powder Coating Market Size Is Anticipated To Reach USD 24.27 Billion By 2030
San Francisco, 29 June 2023: The Report Powder Coating Market Size, Share & Trends Analysis Report By Resin (Epoxy, Polyester, Acrylic, Polyurethane), By Application (Consumer Goods, Automotive), By Region, And Segment Forecasts, 2023 - 2030 The global powder coating market size is expected to reach USD 24.27 billion by 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to the superior properties of powder coatings over conventional paints including high resistance to corrosion and chipping & abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time. Growing purchasing power, high living standard, and rapid urbanization are expected to drive the consumer goods sector, thereby driving product demand for use in applications, such as refrigerators, washer tops and l...