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    Home > Coatings News > Paints and Coatings Market > "Powder coating" market development space is still huge

    "Powder coating" market development space is still huge

    • Last Update: 2021-01-11
    • Source: Internet
    • Author: User
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    China Coatings Online News Information: The current competitive
    the powder coatings market is mainly mergers and acquisitions. Given the environmental properties of powder coatings, there are now a number of applications, and powder coatings are more recognized as primers than electrophoresis paints if the Analysis of Allied Market Research's research is credible. Industry experts concerned about the market share and trends of powder coatings believe that although the current share of powder coatings is still relatively small, but the market is expected to grow at an annual rate of 7.5% in the next five to six years. So in addition to environmental considerations, what else can make the market so favored this product.
    world's leading powder coatings companies are still exploring new regional markets and creating more opportunities around the world. In July, Jasper and Adairsville, Georgia, attracted new investments from TopGun Powder Coatings and Architectural Coatings, which was founded in Jasper in 2005 to include Kynar products, powder coatings, industrial liquid coatings, and more in defense, sports, entertainment, commerce, transportation, oil and gas, and power. In addition, Axalta, a well-known liquid and powder coatings company, recently opened a new regional centre in Switzerland. The North African region, particularly Egypt, has also become a hot spot for growth in the powder coatings industry, with Akzo Nobel announcing a 100 per cent stake in its Egypt-based powder coatings joint venture from 60 per cent to 100 per cent.
    powder coating company needs to train customers in all relevant aspects of product applications, including coating chemistry principles, ideal applications, product certification, quality assurance and so on. Wagner, a construction equipment manufacturer, has also recently provided training services to its customers, covering everything from basics to advanced applications, demonstrating its ability to provide world-class services to end customers.
    the past few years, high-performance powder coating technology has evolved, such as product applications extended to charcoal grills, fireplaces and other areas that require high temperatures. In addition, the upgrading of equipment will also affect the future development trend of powder coatings, such as electrostitive coating applications for the powder coating industry to replace the traditional liquid coating industry provides additional advantages.
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