Powder
Coatings
The powder coatings segment continues to grow as paint makers turn to solvent-free
formulations.
by Tim Wright, Editor
Stricter environmental regulations in the paint and coatings industry have benefited powder coatings. The technology has gained substantial popularity over the past several
years. There are several advantages to the powder coating
process, the main one being that it does not require solvents, and
only minor amounts of volatile organic compounds (VOCs) are
released during the cure.
The powder coating market presents rapid growth driven by
the development of new material, new formulations and advancement of equipment and application processes.
Global demand on powder coatings was valued at approximately US$X.X billion in 2010 and is expected to grow by X%
in the coming years with Asia Pacific representing the highest
growth region, it being the largest consumer of powder coatings.
Industrial uses combined presents the largest application market, while the automotive industry is the most promising one.
Furniture and appliance markets will continue their steady
and strong growth. IT and telecom is a new market where applications of powder coatings are being extensively explored.
With the disadvantages being minimized and advantages fur-
ther strengthened by the development in materials and tech-
nologies, powder coatings provide a market with opportunities
and potential.
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