Powder Coatings Market Recovers After COVID-19 Pandemic

摘要

Powder coatings are ideal for many segments; from architectural applications to cars to furniture and more, powder coatings protect any products while imparting an enhanced appearance. It is a sizable business, too. Estimates place the market at roughly $10 billion to $12 billion. For example, Grand View Research (GVR) valued the powder coatings market at $11.9 billion in 2020, expanding at a compound annual growth rate (CAGR) of 7.2%. The consumer goods application segment accounted for 23.69% of the overall volume share, according to GVR.