Low Temperature Powder Coatings Market Analysis

Low Temperature Powder Coatings Market Analysis

To get key market trends

  Download Free Sample

Based on resin type, the low temperature powder coatings market is segmented as polyester, epoxy, polyurethane, hybrid, others. Polyester held a majority industry value of USD 27.1 million in 2022. Polyester-based low-temperature powder coatings provide superior outdoor weathering and UV resistance, making them popular for architectural and outdoor applications. Polyester resins offer a wide range of color and gloss options, making them attractive for decorative finishes in the furniture and home appliances industries.
 

Based on substrate type, the low temperature powder coatings market is segmented as Metal, Aluminium, Steel, Others. Metal held a dominant industry share of around 40% in 2022. Metal substrates are commonly used in various industries, and the application of low-temperature powder coatings allows for energy savings during the curing process, as they require lower temperatures compared to traditional coatings.
 

Based on end-use the low temperature powder coatings market is segmented as automotive, furniture, appliances, electronics, others. Automotive segment is anticipated to grow at 4.8% CAGR by 2032. Low-temperature powder coatings allow for energy savings during the curing process, making them attractive to automotive manufacturers aiming to reduce their carbon footprint and production costs.
 

U.S. dominated the North American region with majority low temperature powder coatings market share and a revenue of USD 23.4 million in 2022. The automotive sector is a significant consumer of low-temperature powder coatings in North America. These coatings offer corrosion resistance and durability, making them ideal for protecting automotive components and improving the overall performance of vehicles.