Powder coatings are used in electrical appliances, transportation, architectural, furniture, industrial, pipeline, and agricultural, construction, and mining equipment (ACME) end-use applications. Powder coatings demonstrate an increasing preference over conventional liquid paints and other coating types in several applications, driving demand growth. In addition, the expansion of end-use sectors will contribute to growth during the next few years.
• The rising product commoditization translates into reduced profit margins, challenging powder coating manufacturers.
• Manufacturers should develop customized chemistries to improve product performance for specific sub-applications, increase margins, and gain a competitive advantage.
• Powder coating applicators and end users face challenges that require solutions to minimize wastage during the application, enhance application quality, and support large component coating.
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