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Low Temperature Powder Coatings Market Size
- Report ID: GMI6437
- Published Date: Aug 2023
- Report Format: PDF
Low Temperature Powder Coatings Market Size
Low Temperature Powder Coatings Market size was valued at around USD 101 million in 2022 and is estimated to reach USD 166.3 million till 2032. Low-temperature powder coatings are known for their eco-friendly attributes. Global powder coatings industry size is anticipated to surpass USD 25.5 billion by 2032 due to increasing demand in the automotive, aerospace and marine industry
They have lower energy requirements during the curing process, resulting in reduced greenhouse gas emissions and lower energy consumption compared to traditional high-temperature powder coatings or liquid coatings.
Low-temperature powder coatings can be applied to a wide range of substrates, including metal, wood, and plastics. This versatility expands their applications across various industries, such as automotive, furniture, appliances, and electronics. The lower curing temperature of low-temperature powder coatings allows for energy savings during the coating process.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Low Temperature Powder Coatings Market Size in 2022: | USD 101 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.1% |
| 2032 Value Projection: | USD 166.3 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 191 |
| Segments covered: | Resin Type, Substrate Type, End-use, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Low-temperature powder coatings may have performance limitations compared to traditional high-temperature powder coatings. The performance of low-temperature powder coatings can vary depending on the substrate material. Low-temperature powder coatings can be more expensive than traditional coatings, affecting their adoption, especially for cost-sensitive applications or industries.
Frequently Asked Questions (FAQ) :
Low Temperature Powder Coatings Market Scope
