Powder Coatings Market in Germany 2015-2019

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Transcript of Powder Coatings Market in Germany 2015-2019

Page 1: Powder Coatings Market in Germany 2015-2019

Powder Coatings Market in Germany 2015-2019

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Powder Coatings Market in Germany 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “The increasing use of powder coatings for coil applications is a major trend in the market. Advances in technology and a greater cost-to-benefit ratio compared to alternative coating systems are expected to increase the demand for such powder coil coatings. High demand for functional powder coatings is another trend in the market.”

• Powder coatings are a type of solvent-free coating product used to provide a dry finishing process. They are known for their high-quality and durable finish. These coatings are eco-friendly as they emit only a small amount of volatile organic compounds. Powder coatings are composed of resins, additives, curing agents, extenders or fillers, and tint pigments.

• The powder coatings market in Germany is expected to witness rapid growth and post a CAGR of 4.41% during the forecast period, driven by increased demand from general industrial applications.

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• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Powder Coatings Market in Germany 2015-2019

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Vendors

To understand the vendor landscape and for a full list of

vendors view our report:

Powder Coatings Market in Germany 2015-2019

AkzoNobel NV

Axalta Coating Systems LLC

BASF

AkzoNobel was founded in 1994 and is headquartered in Amsterdam, Netherlands. The company was formed as a result of the merger between Akzo and Nobel Industries. It is one of the leading manufacturers and suppliers of specialty chemicals, paints, and performance coatings worldwide.

Axalta Coating Systems was founded in 1866 and is headquartered in Philadelphia, Pennsylvania, US. The company, along with its subsidiaries, manufactures and markets high-performance coatings for the Transportation industry.

BASF was established in 1865 and is headquartered in Ludwigshafen Am Rhein, Rhineland-Palatinate, Germany. The company’s products and solutions contribute to ensuring nutrition, conserving resources, and improving quality of life.

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Market Landscape

• The market is expected to witness steady growth because of the following factors:

• Increased penetration of powder coatings in new, niche, and high value applications

• Growing demand for general Industrial applications because of a steady increase in manufacturing activities

• Demand for coating of components and parts used in electronics and telecom industries • Powder coating process innovation that has fostered a high rate of adoption

• However, the market is expected to be restricted by factors such as market maturity and a decrease in demand from the automotive industry.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters Details

Availability Powder coatings should be readily available.

Consulting servicesVendors of powder coatings should have technical and problem-solving expertise, since some buyers may require their input following product purchase.

Cost Powder coatings should be available at economical costs to all end-user segments.

Delivery lead time Vendors of powder coatings should be able to meet the delivery timelines that match the project requirements of buyers.

Functionality Powder coatings should exhibit functional characteristics such as anti-corrosion and anti-graffiti on application, as per customer requirements.

Performance Powder coatings should exhibit superior performance characteristics on application.

Vendor location Vendors of powder coatings should be in close proximity to their buyers.

Vendor reputation Vendors of powder coatings should be reputable in terms of aspects such as market value and financial performance.

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• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Powder Coatings Market in Germany 2015-2019

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