Powder Coatings Market Segmented On The Basis Of Resin, Application, Region And Forecast 2028
San Francisco, 19 Aug 2021: The Report Powder Coatings Market Size, Share & Trends Analysis Report By Resin (Polyester, Epoxy-polyester), By Application (Consumer Goods, Automotive), By Region (APAC, Europe), And Segment Forecasts, 2021 - 2028 The global powder coatings market size is expected to reach USD 20.8 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, 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 lids, air-conditioner cabinets, w