DALLAS - According to a new report released by research company MarketsandMarkets, the current size of the powder coatings market was estimated to be about $8,274.26 million in 2013. The report projects the market will reach $12,055.13 million by 2019, growing at a CAGR of 6.54% between 2014 and 2019. The high demand across industries such as architectural coatings, automotive coatings, general industrial coatings, appliances coating, furniture coatings, and others will increase overall powder coating consumption.
The report, Powder Coatings Market by Resin Type (Epoxy, Epoxy-Polyester Hybrid, Polyester, Acrylic, Polyurethane, & Others) and by End-User Industries (Architectural, Appliances, Automotive, General Industrial, Furniture & Others) - Global Forecast to 2019, analyzes the global powder coatings market with respect to market drivers, restraints and opportunities in different regions.