Powder Coatings Market Set for Strong Growth as Emerging Markets Push Demand in MEA and Latin America
Arizton is pleased to announce its latest report, the powder coatings market - global outlook & forecast 2025-2030, shedding light on the dynamic and rapidly evolving industry. The comprehensive report unveils valuable market trends, growth opportunities, and the competitive landscape of the business. With in-depth analysis and meticulous research, this report serves as a strategic guide for industry players, investors, and decision-makers, offering a comprehensive understanding of the current powder coatings market dynamics and prospects.
Browse 89 market data Tables and 69 Figures spread through 305 Pages and in-depth TOC on the powder coatings market by resin type (thermoset resin (polyester, epoxy-polyester hybrid, epoxy, polyurethane, and others) and thermoplastic resin, end-user (consumer goods, automotive, general industrial, furniture, architectural, and others), geography (North America, Europe, APAC, Latin America, and Middle East & Africa) – global outlook & forecast 2025-2030.
Arizton predicted that the global powder coatings market size was valued at USD 15.17 billion in 2024 and is expected to reach USD 20.87 billion by 2030, growing at a CAGR of 5.46% during the forecast period.
The global powder coatings market is experiencing significant growth, driven by industrialization, urbanization, and a growing demand for eco-friendly solutions. Powder coatings have gained prominence for their ability to eliminate VOC emissions, reduce waste, and promote sustainability. Technological advancements, including increased durability and resistance to UV, scratches, and chemicals, are further fueling innovation in the sector.
Industry leaders such as AkzoNobel and PPG Industries are at the forefront of these innovations, opening new opportunities across automotive, architectural, and consumer goods sectors. The automotive industry, particularly with the rise of electric vehicles, continues to be a key growth driver, while companies like Whirlpool and IKEA are adopting powder coatings to improve product finishes and enhance energy efficiency.
Sustainability remains a key focus in the market, with manufacturers like Sherwin-Williams investing in energy-efficient technologies such as the Powdura product line, which is designed to meet both environmental and performance standards. Additionally, emerging markets in Asia-Pacific (APAC), Latin America, and Africa are contributing to market growth, with localized production facilities meeting the rising demand in these regions.
PPG Coraflon Platinum: Setting New Standards in Powder Coating
Powder coatings are increasingly sought after due to their time-saving, energy-efficient, and environmentally friendly benefits. Unlike traditional liquid coatings, powder coatings require only a single coat, significantly reducing processing time and eliminating extended drying. Furthermore, they use less energy during curing, which reduces costs for high-volume manufacturers. With up to 95% recyclability, powder coatings help minimize waste and material costs. Products such as PPG Coraflon Platinum offer superior durability, corrosion resistance, and low VOC emissions, making them the preferred choice for industries like automotive, architecture, and manufacturing.
Explore! https://www.arizton.com/market-reports/powder-coatings-market
Strategic Mergers and Acquisitions Shaping the Market
Mergers and acquisitions (M&A) in the powder coatings sector are increasingly common, as companies look to expand their market presence, reduce operational costs, and acquire advanced technologies. These strategic moves help companies strengthen product lines, improve global reach, and maintain competitiveness.
Notable M&A activities include CIN's acquisition of Hempel Industrial B.V. to enhance its industrial coatings portfolio, Rodda Paint’s acquisition of Miller Paint Company to complement its powder coatings offerings, and American Industrial Partners’ acquisition of PPG's architectural coatings business to foster innovation. Other significant acquisitions include Sudarshan Chemical's purchase of Heubach Group, Axalta Coating Systems’ acquisition of CoverFlexx Group, and KANSAI HELIOS acquiring WEILBURGER Coatings to enhance powder coating capabilities for specialized applications. These strategic acquisitions underscore the industry’s focus on eco-friendly, energy-efficient coatings and technological advancements.
Recent Developments
The powder coatings market continues to evolve with new strategic developments. In February 2025, PPG announced a strategic partnership with SARO/Siccardi, Italy’s largest distributor of powder coatings, to enhance its distribution network and customer service in Italy.
In 2023, Axalta Coating Systems launched the Axalta Irus Mix, a fully automated and hands-free mixing machine designed for the automotive refinish industry, offering significant sustainability benefits.
Additionally, Akzo Nobel expanded its market presence with the acquisition of Huarun in China and the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH in 2023. KANSAI HELIOS also acquired CWS Lackfabrik GmbH, a German powder coatings and resin producer, to strengthen its position in the European market and grow its consumer base.
The global powder coatings market is set to continue its expansion, driven by sustainability, technological innovations, and strategic M&A activities.
Powder Coatings Market Set for Strong Growth as Emerging Markets Push Demand in MEA and Latin America
In 2024, the Asia-Pacific (APAC) region dominated the global powder coatings market, capturing more than 38% of the revenue share. This growth is primarily driven by rapid industrialization, urbanization, and rising investments in sectors such as automotive, construction, and consumer goods, particularly in China, India, and Southeast Asia. Government initiatives supporting infrastructure development and the growing demand for green coatings and high-performance solutions are key factors driving market expansion in the region.
North America also holds a substantial share of the global powder coatings market, with the automotive and industrial sectors being major contributors to this growth. Strict environmental regulations and increasing awareness of the benefits of sustainable coatings, which have lower VOC emissions compared to traditional liquid coatings, are pushing the adoption of powder coatings in the U.S. and Canada. The region continues to invest in advanced coating technologies to meet specific industry needs, further fueling the market's expansion.
In Europe, steady growth in the powder coatings market is being supported by rigorous environmental regulations and a strong focus on sustainable manufacturing practices. Countries like Germany, France, and Italy are key markets, with widespread adoption in automotive, furniture, and architectural sectors. The European focus on reducing VOC emissions and using eco-friendly products has significantly contributed to the growth of the powder coatings industry.
The powder coatings market is also expanding in Latin America, driven by industrial growth and urbanization in countries such as Brazil, Mexico, and Argentina. Infrastructure development and rising demand in the Middle East and Africa (MEA), particularly in Saudi Arabia, the UAE, and South Africa, are further supporting market growth. In the harsh climates of the MEA region, the need for corrosion-resistant and durable coatings has accelerated the demand for powder coatings, with Saudi Arabia leading the charge due to its growing construction, automotive, and industrial sectors.
As the global powder coatings market continues to expand, the demand for eco-friendly, durable, and high-performance coatings is expected to drive growth across regions, particularly in APAC, North America, and emerging markets in Latin America and the MEA region.
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us
Call: +1-312-235-2040
+1 302 469 0707
Mail: [email protected]
Contact Us: https://www.arizton.com/contact-us
Blog: https://www.arizton.com/blog
Website: https://www.arizton.com/