Report Projects Powder Coatings Market to Reach $12.48 Billion by 2020

摘要

SAN FRANCISCO - The global powder coatings market is an emerging market in the coatings industry and is projected to reach $12.48 billion by 2020, according to market research firm Grand View Research Inc. According to the report, the demand for powder coatings is driven by the growing need for quality items in consumer goods, furniture, automotive, architecture and general industry. The use of powder coalings in consumer goods leads the market and accounts for 22.1% of the total market volume in 2013.