The release of the Allied Market Research’s Powder Coatings Market Outlook in late 2019 gave us all a wider look at the powder coatings marketplace. According to the market outlook report, the powder coatings market size is “expected to garner $15.0 billion by 2026”.
Powder coating has a number of ways that it can be used across industries and the world as one of the most popular application methods. This kind of application is usually used to finish metal products, parts, and fabrications.
The market outlook focused on many of these applications including but not limited to:
- Automotive parts
- General industrial products
The automotive application segment of the market outlook was sitting as the leader among powder coating applications in 2018, with “20% share in terms of revenue”. And it’s expected to maintain that lead. When we look at the different industries that make use of powder coating, the durability and long lasting benefits of the paint method can’t be understated.
Powder Coating Benefits and Demand
Numerous benefits that come with powder coating application on different things ranging from golf carts to metal parts used in outdoor settings include:
- Resistance to scratches
- Gloss retention
- High durability
- Resistance to chalking
- A lesser environmental impact
The benefits associated with powder coating have come to make it one of the most used types of finishes out there, especially for those looking for a high level of protection. Thanks to the market outlook, we know that overall demand for powder coatings has increased as well. The increase in demand is in part due to the rapid technological advancements in the world across industries!
With such an increase in demand, it can be important to note some standout benefits of the powder coating application. As mentioned above, powder coating is long lasting and durable. The hard finish that results from the powder coating process helps to protect both non-metal and metal products from things like moisture, harsh weather, and impacts.
A Smaller Environmental Impact
Another benefit, that was also noted in the market outlook, is the lessened environmental impact that powder coating has. With the ever shifting environmental concerns tied to manufacturing, powder coating is a popular and preferred method because it doesn’t contain any volatile organic compounds. And when we compare powder coating to liquid coatings, there are no solvents needed to keep up the coating suspension.
Overall, powder coating is an application method that serves as a strong and durable finish to any number of products and is expected to continue growing well into 2026. For those of you looking at finishing options, powder coating is certainly a go-to choice. As specialists in powder coating since 1997, we can speak from experience on how effective this method can be.
Call us today to learn more about how we can work with you on getting powder coating applications started.