Global Powder Coating Pretreatment Market Size 2024, Forecast To 2033
12 Nov, 2024
The powder coating pretreatment market is expected to increase from $1.15 billion in 2023 to $1.22 billion in 2024 at a CAGR of 6.7%, driven by advancements in surface treatments, industrial applications, eco-friendly practices, and manufacturing automation. The powder coating pretreatment market is expected to grow to $1.59 billion by 2028, at a CAGR of 6.9%. Growth drivers include demand for eco-friendly surface preparation methods, stricter VOC emission regulations, the expansion of the automotive and construction sectors, and the increasing need for improved adhesion and corrosion resistance. Trends include sustainable and biodegradable chemicals, advancements in smart pretreatment systems, and growth in high-performance coatings.
Major Driver In The Powder Coating Pretreatment Market
The increasing car production is expected to drive the growth of the powder coating pretreatment market. This rise is attributed to consumer demand for electric vehicles and advancements in manufacturing technology that enhance surface preparation, leading to better coating adhesion and durability. For instance, in July 2023, the Society of Motor Manufacturers and Traders reported a UK car production increase of 11.7% in the first half of 2024, reaching 450,168 units, with June alone showing a 16.2% rise. Thus, the growth in car production fuels the powder coating pretreatment market. The market size for powder coating pretreatment is projected to grow from $5.2 billion in 2023 to $5.7 billion in 2024, with an expected increase to $7.1 billion by 2028, driven by higher demand in the automotive industry.
Request A Free Sample Of The Powder Coating Pretreatment Market ReportPowder Coating Pretreatment Market Competitive Landscape
Henkel AG and Co. KGaA, PPG Industries Inc., Axalta Coating Systems LLC, EMS Powder Coating., Jost International Corp, AD International, Plastic Coatings Limited, Bulk Chemicals Inc., Keystone Koating LLC., Mitsuba Systems, Crest Coating Inc., Technofirma S.p.A., Euro Quality Coatings, Troy Chemical Industries Inc., Alpha Manufacturing Company Inc., Bunty LLC, Euroimpianti Srl, Foshan Haihua Surface Treatment Technology Co Ltd., Hillebrand Coating, NABU Oberflächentechnik GmbH, Sanchem Inc., Superior Paint and Powder Coating Limited, Tecpro Australia
Key Powder Coating Pretreatment Market Trend
Companies in the powder coating pretreatment market are developing advanced surface treatment solutions, such as anticorrosive powder coatings, to enhance durability and extend the lifespan of coated materials in industrial applications. Anticorrosive powder coatings prevent corrosion by forming a durable barrier on metal surfaces. In June 2023, Jotun A/S launched the first CX-rated anticorrosive powder coating to protect steel used in extreme environments. This coating system safeguards machinery, particularly in high-corrosion-risk industries like offshore and industrial sectors, meeting emerging volatile organic compound (VOC) regulations.
Purchase The Global Powder Coating Pretreatment Market Report Directly And Get A Swift DeliveryGlobal Powder Coating Pretreatment Market Segmentation
The powder coating pretreatment market covered in this report is segmented –
1) By Product: Phosphate, Chromate, Chromate Free, Blast Clean
2) By Metal: Steel, Aluminum
3) By Application: Automotive And Transportation, Appliances, Construction, Other Applications
By Geography:The regions covered in the powder coating pretreatment market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the powder coating pretreatment market in 2023.
The Powder Coating Pretreatment Global Market Report 2024 furnishes information about the global powder coating pretreatment market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.