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The United States powder coatings market attained a value of USD 2.54 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of around 7.2% to reach USD 4.74 billion by 2032.
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The rapidly growing automotive manufacturing industry in the United States is expected to increase the product demand in many applications such as door handles, rims, and vehicle caps.
Powder coating are fine solids with different properties, including substantial toughness and abrasion resistance, corrosion, as well as chemicals. It meets various end-user industries specifications like endless colour range choices, high and low gloss, transparent and metallic finishes, and choices of texture including roughness, smooth surfaces, wrinkled, and matt finishes to cover the surface imperfection. The powder coating not only optimizes performance but also increases coating quality and lowers coating costs because over-spray powder coating in contrast with liquid coatings can be recycled and reused.
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Based on the resin type, the market can be divided into thermoset and thermoplastic.
Thermoset can be further divided into:
Thermoplastic is further segmented into:
Coating methods can be divided into:
The market can be broadly categorised based on its applications into:
The EMR report looks into the regional markets of powder coatings in the United States like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
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Enhanced product utilization could be attributed to a superior finish than liquid paints. Therefore, the demand for domestic appliances, including washing machine, freezer, and the microwave oven will possibly increase the demand for powder coating in these applications. The Clean Air Act of 1970 limited the use of liquid products in the United States automobile and chemical production due to its high levels of VOC pollution and negative environmental effects, which is propelling the growth of the United States powder coatings industry.
In addition, population growth, urbanisation, as well as the growing disposable revenues have played a significant role in the increased production in the construction, electricity, and personal care industries in the United States.
The report presents a detailed analysis of the following key players in the United States powder coatings industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Resin Type |
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Breakup by Coating Method |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the United States powder coatings market attained a value of nearly USD 2.54 billion.
The market is projected to grow at a CAGR of 7.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 4.74 billion in 2032.
The major drivers of the market include population growth, urbanisation, growing disposable revenues, and the increased production in the construction, electricity, and personal care industries.
The rapidly growing automotive manufacturing industry and the increasing demand for domestic appliances are the key trends propelling the market growth.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The various resin types in the market include thermoset and thermoplastic. Thermoset can be further divided by type into epoxy, polyester, epoxy polyester hybrid, and acrylic, while thermoplastic is further segmented into polyvinyl chloride (PVC), nylon, and polyolefin.
Coating methods in the market are electrostatic spray and fluidised bed.
The significant applications of powder coatings in the United States market are appliances, automotive, architectural, furniture, agriculture, construction, and earthmoving equipment (ACE), and general industrial, among others..
The major players in the United States powder coatings market are Akzo Nobel N.V., American Powder Coatings, Inc., Axalta Coating Systems, LLC, BASF SE, IFS Coatings, Inc., PPG Industries, Inc., and Powdercoating USA, Inc., among others.
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