Global Low-Cure Coatings Market by key manufacturers – PPG Industries, DuPont, The Valspar Corporation, Axalta Coating Systems, Forrest Technical Coatings, Bowers Industrial, Vitracoat America, Speciality Polymer Coatings Inc., and Platinum Phase SND BHD – Market Size & Forecasting (2016 – 2028)

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Global low-cure coating market has been witnessing a positive growth owing to increasing be bifurcated into powder based and liquid based. Powder based coating technology virtually eliminates toxic waste streams associated with conventional painting techniques. They are used for coating equipment and machinery operating in extreme conditions due to their short healing time and increased efficiency level.

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Based on coating type, the global low-cure coatings market can be bifurcated into powder based and liquid based. Powder based coating technology virtually eliminates toxic waste streams associated with conventional painting techniques. Low-cure powder based coatings also significantly reduces the emission of volatile organic compounds (VOC) and hazardous air pollutants, which are generally associated with low-cure liquid coatings. Low-cure powder based coatings exhibit certain advantages over low-cure liquid based coatings. These include elimination of bubbles, drips and runs; better corrosion resistance, and durability. Based on resin type, the global low-cure coatings market can be segmented into epoxy, acrylic, polyurethane, polyester, and others. In terms of end-use industry, the market can be classified into furniture, automotive, heavy duty equipment, industrial, architectural, and others. The automotive segment dominated the low-cure coatings market in 2017. Low-cure coatings are widely used in automobile bumpers, door handles, trailer hitches, wheels, grills, and roof racks in the automotive industry.

Based on coating type, the powder-based segment is expected to grow a higher rate as compared to the liquid-based segment, as the former exhibits superior qualities, including high resistance to corrosion, durability, and cost-effectiveness.

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The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market along with identifying major segments, and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand of global low-cure coating market

Market Segmentation:

By Coating Type:

  • Powder-Based

  • Liquid-Based

  • By Resin Type:
  • Polyester

  • Epoxy

  • Polyurethane

  • Acrylic

  • Others

By End User:

  • Automotive

  • Industrial

  • Heavy-Duty Equipment

  • Architecture

  • Furniture

  • Others

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This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

Major Companies Operating in the Market

  • PPG Industries

  • DuPont

  • The Valspar Corporation

  • Axalta Coating Systems

  • Forrest Technical Coatings

  • Bowers Industrial

  • Vitracoat America

  • Speciality Polymer Coatings Inc.

  • Platinum Phase SND BHD

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Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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