Global powder coatings market is expected to reach USD 12.48 billion by 2020

摘要

THE global market for powder coating is expected to reach USD 12.48 billion by 2020, according to a new study by Grand View Research, Inc. Growing support for the use of powder coatings in comparison to conventional liquid paints by regulatory agencies such as EPA and REACH on account of negligible VOC emissions is expected to be a key driver for market growth. In addition,' growing application demand with regards to automotive, appliances and consumer goods is also expected to drive powder coating sales over the next six years.