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Powder Coatings Market Size and Forecast, by Resin (Epoxy, Acrylic, Polyester, Polyurethane); Coating Method (Electrostatic Spray, Fluidized Bed); Application (Consumer Goods, Automotive, Architectural, Furniture, Appliances) - Growth Trends, Key Players, Regional Analysis 2026-2035

  • Report ID: 4825
  • Published Date: Sep 10, 2025
  • Report Format: PDF, PPT

Powder Coatings Market Outlook:

Powder Coatings Market size was valued at USD 14.63 billion in 2025 and is set to exceed USD 25.23 billion by 2035, expanding at over 5.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of powder coatings is estimated at USD 15.37 billion.

Powder Coatings Market Size
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The reason behind the growth is due to the increasing demand for consumer electronics. Advancements in technology, increase in demand from households, changing lifestyles of individuals, easier access to credit, and rising disposable incomes has driven the demand for home appliances across the globe.

Powder coatings is most commonly used to coat metals, such as household appliances. Coating powders provide insulation and protection to electronic devices. From 2021 onwards, the refrigerator market is expected to recover and reach annual sales of over 236 million units by 2025. Furthermore, approximately 215 million refrigerators are sold globally each year.

The growing environmental concerns are believed to fuel the market growth. Powder coating complies with environmental protection criteria since it is non-toxic, free of VOCs, and generates less product trash.

Key Powder Coating Market Insights Summary:

  • Regional Highlights:

    • North America powder coatings market will dominate more than 33% share by 2035, growing production of oil & gas.
    • Europe market will account for 28% share by 2035, rising production of agricultural machinery.

  • Segment Insights:

    • The epoxy segment in the powder coatings market is forecasted to achieve a 30% share by 2035, fueled by the versatility and chemical resistance of epoxy resins across various applications.
    • The appliances segment in the powder coatings market is expected to secure a 25% share by 2035, driven by the high adoption of powder coatings for their durability and availability of diverse finishes.

  • Key Growth Trends:

    • Rising Sales of Electric Vehicles
    • Growing Constructional Activities

  • Major Challenges:

    • Volatile Prices of the Raw Materials
    • Production of Thin Films is Difficult With Conventional Powder Coatings

  • Key Players: The Sherwin-Williams Company, Arkema Group, Valspar Championship, Eastman Chemical Company, PPG Industries, Inc., Akzo Nobel N.V., Evonik Industries AG, Nippon Paint Holdings Co., Ltd., Jotun A/S.

Global Powder Coating Market Forecast and Regional Outlook:

  • Market Size & Growth Projections:

    • 2025 Market Size: USD 14.63 billion
    • 2026 Market Size: USD 15.37 billion
    • Projected Market Size: USD 25.23 billion by 2035
    • Growth Forecasts: 5.6% CAGR (2026-2035)

  • Key Regional Dynamics:

    • Largest Region: North America (33% Share by 2035)
    • Fastest Growing Region: Asia Pacific
    • Dominating Countries: China, United States, Germany, Japan, India
    • Emerging Countries: China, India, Japan, South Korea, Thailand

    • Last updated on : 10 September, 2025

Growth Drivers

  • Rising Sales of Electric Vehicles – Manufacturers have successfully used powder coatings to extend the battery life and boost the performance of the battery. Powder coatings provides insulation in the electric vehicle and saves the battery from corrosion.

           For instance, Global EV sales remained robust as over 10 million new BEVs and PHEVs were supplied in total in 2022.

  • Growing Constructional Activities - Powder coating protects painted architectural steel elements from heat, cold, and even corrosion. 

          According to estimates, over USD 9 trillion is spent annually worldwide on construction-related activities by people and businesses.

Challenges

  • Volatile Prices of the Raw Materials - Thermoplastic and thermoset resins are the primary raw materials used in product manufacturing. The pricing of powder coatings raw materials is affected by raw material fluctuation in prices. Thermoplastic coatings include nylon, PVC, polyolefin, ABS, and polycarbonate, whereas thermoset coatings include epoxy, polyester, polyurethane, and acrylic.
  • Production of Thin Films is Difficult With Conventional Powder Coatings
  • Industry related to Powder Coatings Has Constantly Had to Improve the Processing to Meet the Legal Policies

Powder Coatings Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Period

2026-2035

CAGR

5.6%

Base Year Market Size (2025)

USD 14.63 billion

Forecast Year Market Size (2035)

USD 25.23 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
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Powder Coatings Market Segmentation:

Application Segment Analysis

The appliances segment in the powder coatings market is estimated to gain a robust revenue share of 25% in the coming years. For instance, powder coatings make up more than 70% of the industrial coatings used in the appliance industry. Moreover, powder coating is a protective coating that can be used to increase the tensile strength of a variety of consumer goods, and is well-known as a high-quality finish for both significant and minor applications in the home appliance market. Besides this, the availability of new colors and finishes in powder coatings for appliances allows increased creative versatility.  

Resin Segment Analysis

The epoxy segment is set to garner a notable share of 30% shortly on the account of the versatility of the epoxy resin. Epoxy resin is an adaptable compound that may be utilized for a wide range of tasks. It is robust and long-lasting, making it an excellent choice for a variety of applications. The epoxy allows for the application of a thin, homogeneous coating directly onto the metal, even in very small crevices and cavities, resulting in a consistent texture. Additionally, epoxy resins' function is to give excellent adherence to metal and resistance to corrosive chemicals. Epoxies are more resistant to heat and chemicals than most glues and can bond to wood, metal, glass, stone, and some plastics.

Our in-depth analysis of the global market includes the following segments:

       Resin
  • Epoxy
  •  Acrylic
  •  Polyester
  • Polyurethane

       Coating Method
  • Electrostatic Spray
  • Fluidized Bed

         Application
  • Consumer Goods
  • Automotive
  • Architectural
  •  Furniture, Appliances
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Powder Coatings Market Regional Analysis:

North American Market Insights

Powder coatings market in North America is predicted to account for the largest share of 33% by 2035 impelled by the growing production of oil & gas. This may increase the demand for powder coatings in the region as the pipelines used in oil and industrial gas exploration and transportation are powder coated on both the exterior and inside to protect them from environmental elements. In the first two months of 2023, U.S. gas production reached a record of over 5,980 billion cubic feet.

European Market Insights

The Europe powder coatings market is estimated to hold the second largest of 28%, during the forecast timeframe led by the rising production of agricultural machinery and equipment. The European Agricultural Machinery Industry supports the development and promotes the use of technology in one of Europe's most ancient, diverse, and core businesses farming. Many farmers worldwide rely on agricultural machinery made in Europe, with tractors, green space equipment, harvesting equipment, and soil working equipment making for the majority of the bloc's exports.

Powder Coatings Market Share
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Powder Coatings Market Players:

    • Axalta Coating Systems
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • The Sherwin-Williams Company
    • Arkema Group
    • Valspar Championship
    • Eastman Chemical Company
    • PPG Industries, Inc.
    • Akzo Nobel N.V.
    • Evonik Industries AG
    • Evonik Japan Co., Ltd.
    • DIC Corporation
    • Sun Chemicals

Recent Developments

  • PPG Industries, Inc. announced the launch of PPG CORAFLON Platinum, powder coatings. It is the latest product for architectural metal. This innovative technology has excellent transfer efficiency, increased gloss ranges, and improved corrosion performance on aluminum. Moreover, it gives a myriad of choices of colors, bonded metallics, and glosses for metal construction.
  • AkzoNobel announced the acquisition completion of Stahl Performance Powder Coatings and it’s all the ranges. It comprises both UV and thermally curing powders, allowing the company to enter the ultra-low cure (80-100°C) domain.

 

 

  • Report ID: 4825
  • Published Date: Sep 10, 2025
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2026, the industry size of powder coatings is estimated at USD 15.37 billion.

The global powder coatings market size crossed USD 14.63 billion in 2025 and is likely to expand at a CAGR of more than 5.6%, surpassing USD 25.23 billion revenue by 2035.

North America powder coatings market will dominate more than 33% share by 2035, growing production of oil & gas.

Key players in the market include The Sherwin-Williams Company, Arkema Group, Valspar Championship, Eastman Chemical Company, PPG Industries, Inc., Akzo Nobel N.V., Evonik Industries AG, Nippon Paint Holdings Co., Ltd., Jotun A/S.

Powder Coating Market Report Scope

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