ALBANY, NY - According to a new market study released by Transparency Market Research, the global powder coatings market is expected to expand rapidly in the coming years thanks to growing demand for consumer goods from the emerging BRICS (Brazil, Russia, India, China and South Africa) economies. These countries have some of the fastest-developing economies in the world and show growing demand for goods ranging from appliances to automobiles. The high population of India and China, collectively accounting for 36 percent of the global population, also helps the powder coatings market in these countries.
The report, titled Powder Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 is available for sale on Transparency Market Research's website. It presents historical statistics regarding the growth of the powder coatings market in the last few years and, upon a methodical analysis of the current market trends and their impact on market development, presents refined growth forecasts for the market's expansion from 2012 to 2018.