Powder Coatings: Market Review

Date : 05-02-2019

Powder coatings have emerged as the new staple in myriad applications and have contributed significantly to the global coatings market. Substitution of conventional coatings with powder coatings is expected to contribute to the healthy projection of the market. Powder coatings, which are available in powdered or free-flowing form, does not involve the use of solvents compared to liquid coatings and hence offers environmental sustainability.

The raw materials employed in powder coating formulation include polyurethane (PU), polyester (PE), fusion-bonded epoxy, polyester epoxy, hybrid epoxy, and straight epoxy. The formulation process involves multiple stages, principally encompassing batching, concoction/premixing, extrusion, and particle size reduction.

Global powder coatings market is driven by the increasing application of powder coatings across end-use sectors such as industrial and consumer goods. The business landscape concerning the market is fuelled by product development in Asia Pacific. The powder coatings industry creates lucrative opportunities for manufacturers to penetrate untapped markets in this region, thereby creating new avenues for attracting customers. The market is consolidating, which is expected to be a favoured strategy by the stakeholders. The market participants have focused on purchasing leverage and pricing power while assuring production efficiency.

Phthalocyanine Pigments inPowder Coating

Technical Properties of Pigments Offered by Praharit

Excellent range of heat fast colors

Good light fastness and weather fastness

Good acid-alkali resistance

Good dispersibility

Good over bake resistance

Compatible with TGIC and non-TGIC curing agents

Soft powder that do not cause wear or

attrition to plant during extrusion

Non-migratory

PigmentGreen 7 Manufacturer in India