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A comprehensive report on the Global Low-Temperature Powder Coatings Market has been published by Reports and Data that offers insightful data about market dynamics, drivers, restraints, current and emerging trends, market size, market share, and revenue growth of the market. The report provides a brief overview of the industry and gives an estimation of growth and revenue for the forecast period of 2021-2027. The global Low-Temperature Powder Coatings market is expected to be valued at USD 2.3 Million in 2027 from its valuation of USD 1.3 Million in 2017 and register a CAGR of 5.7% during the forecast period. The document offers reliable data in reference to key areas of investments and growth patterns of the Low-Temperature Powder Coatings market to help clients, stakeholders, investors, and businesses capitalization on the lucrative opportunities and make strategic investment plans.
The COVID-19 impact:
COVID-19 has impacted the market negatively. The weaker consumer demand for lifestyle and well-being products due to the imposition of lockdown and social restrictions will have a negative impact on the demand for cosmetics and certain food additives. The COVID-19 pandemic has crippled various industries, along with public construction. The activity will more likely cease due to the imposition of lockdown and social distancing, and work will halt due to the supply chain disruption, the termination of contracts to control expenses, and the shortage of subcontractors and materials. However, the ease in restrictions and the government initiatives to start the economic activities in the consumer goods market creates hope for the imminent recovery of the market.
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The report offers in depth insight about prominent players in the market, their market position, global and financial standing, license agreement, brand promotions and product portfolio. The global Low-temperature Powder Coatings market is highly competitive and consist of various key players at global and regional levels. These players are adopting various strategies like joint ventures, collaborations, partnerships, and new product launches to strengthen their market position.
Leading companies operating in the market and profiled in the report include: Akzo Nobel N.V., Axalta Coating Systems, LLC, Jotun A/S, PPG Industries, Inc., The Sherwin-Williams Company, Teknos Group, Forrest Technical Coatings, Platinum Phase Sdn Bhd, Tulip Paints, Protech Powder Coatings Inc., and CIN Industrial Coatings, among others.
Low-temperature Powder Coatings Market Segmentation:
Resins Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Polyester
Acrylic
Polyurethane
Epoxy
Others
Substrate Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Non- Metal
Wood And Medium-Density Fiberboard (MDF)
Plastics, Composites, & Glass
Metal
End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Electrical & Electronics
Automotive & Transportation
Healthcare
Building & constructions
Architectural
Furniture
Others
Other
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The Low-temperature Powder Coatings market is segmented into five major regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Regional Outlook:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Thank you for reading our global Low-temperature Powder Coatings market report. Kindly contact us to know more about the customization feature and our team will offer you well-suited customized report as per your requirement.
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