China Powder Coatings Market Overview, 2028
A massive domestic demand for powder coatings due to its vast manufacturing base and various industries in China. The country's population and growing middle class drive the demand for consumer goo... もっと見る
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SummaryA massive domestic demand for powder coatings due to its vast manufacturing base and various industries in China. The country's population and growing middle class drive the demand for consumer goods such as appliances, furniture, and electronics, which require powder coatings. Additionally, China's construction and automotive sectors have seen significant growth, further contributing to the domestic demand for powder coatings. China's powder coating market has been expanding steadily over the years. The country has a large domestic demand for powder coatings, driven by various industries such as automotive, appliances, architecture, furniture, and electronics. The market is expected to continue growing due to the increasing adoption of powder coatings over traditional liquid coatings. China has been implementing stricter environmental regulations, especially regarding volatile organic compounds (VOCs) emitted by traditional liquid coatings. Powder coatings offer advantages in terms of low VOC emissions, reduced waste, and better environmental sustainability. These factors have driven the adoption of powder coatings in the country. With the growing demand and market competition, companies in China are investing in research and development activities to enhance product quality, performance, and efficiency. Innovations in powder coating technology, such as improved durability, application processes, and color options, are being pursued to meet evolving customer requirements. China is not only a significant consumer but also a major exporter of powder coatings. The country's manufacturing capabilities and cost advantages have made it a preferred sourcing destination for powder coatings globally. Chinese manufacturers export their products to various regions, including North America, Europe, and Asia-Pacific.According to the research report "China Powder Coating Market Overview, 2028," published by Bonafide Research, The China Powder Coating market is expected to add more than 1143.09 Million by 2023-2028. The powder coating market in China has several unique aspects that distinguish it from other markets. Some of the unique characteristics of the powder coating market in China. Includes Large Domestic Demand, Government Support, Local Manufacturing Dominance, Technological Advancements, Export Orientation, Rapid Market Growth. China's powder coating market has witnessed various events organized by industry associations, trade shows, and government engagements. These includes China Coating Show, China Powder Coating Summit, Government Policies and Regulations, Research and Development Initiatives, Industry Associations. In the powder coating market in China, various resin types are used to formulate powder coatings. Resins are the main binding agents that provide adhesion, durability, and other properties to the powder coatings. The choice of resin type depends on the specific application requirements and desired performance characteristics. Some commonly used resin types in the China powder coating market are Epoxy-based powder coatings are widely used in China. Epoxy resins provide excellent adhesion, chemical resistance, and mechanical properties. They are commonly used in industrial applications such as automotive parts, appliances, and machinery. Polyester-based powder coatings are also popular in the Chinese market. Polyester resins offer good weather resistance, UV resistance, and flexibility. They are commonly used in architectural applications, outdoor furniture, and agricultural equipment. Polyurethane-based powder coatings are known for their exceptional durability, chemical resistance, and flexibility. They provide excellent resistance to abrasion and impact. Polyurethane powder coatings are commonly used in applications where superior performance is required, such as automotive components, heavy machinery, and industrial equipment. Acrylic-based powder coatings are known for their excellent weather resistance, gloss retention, and color stability. They offer good adhesion and can be formulated to provide different levels of hardness and flexibility. Acrylic powder coatings are used in various applications, including automotive parts, appliances, and architectural components. Hybrid powder coatings in China are formulations that combine two or more resin types to achieve specific performance characteristics. For example, epoxy-polyester hybrids combine the excellent adhesion of epoxy resins with the weather resistance of polyester resins. Hybrid powder coatings are versatile and find applications in multiple industries. Other resin types used in the Chinese powder coating market include acrylic-epoxy hybrids, silicone-based resins, and thermoplastic resins. These resins offer unique properties such as high-temperature resistance, low friction, and enhanced surface appearance. In the China Powder Coating Market, the resin type that is predominantly consumed is epoxy resin. Epoxy-based powder coatings hold a significant market share in China for several reasons are Excellent Performance, Cost-Effectiveness, Versatility, Curing Properties, Adherence to Environmental Regulations. The China Powder Coating Market finds extensive applications in both architectural and industrial sectors. In Architectural Applications Building Facades, Aluminum Extrusions, Roofing and Cladding are included. While in Industrial Applications The automotive sector is a major consumer of powder coatings in China. The country's booming automotive industry, driven by rising domestic demand and exports, has fueled the need for high-quality and durable coatings. Additionally, sectors like appliances, construction, and furniture have also contributed to the growth of the powder coating market. Powder coatings are widely used in the manufacturing of appliances such as refrigerators, washing machines, ovens, and other household goods. These coatings offer a durable, attractive, and easy-to-clean finish, enhancing the aesthetics and longevity of these products. Powder coatings find application in the furniture industry for coating metal and wooden furniture. These coatings provide a decorative finish, along with durability, scratch resistance, and resistance to chemicals and stains. Both architectural and industrial applications contribute significantly to the China Powder Coating Market. The versatility, durability, and aesthetic appeal of powder coatings make them a preferred choice for various end-use sectors, meeting the functional and aesthetic requirements of different applications. In the Chinese powder coating market, there are several domestic brands that have gained recognition and popularity. There are some specific domestic Chinese powder coating brands in Chinese powder coating market includes SKSHU Paint, Tiger Coatings (China), Shanghai Kinlita Chemical, Guangzhou Kinte Powder Coating, Anhui Sinograce Chemical Co., Ltd., Shanghai Rising Tide International Trade Co., Ltd., etc. In the China Powder Coating Market, various coating methods are utilized for applying powder coatings to the desired substrates. The three primary coating methods commonly employed are Electrostatic Spray Coating, Fluidized Bed Coating. Besides electrostatic spray coating and fluidized bed coating, there are also other coating methods employed in the China Powder Coating Market, although they may have a relatively smaller market share. These other methods include Electrophoretic Deposition (EPD), Flame Spraying, Powder Coating by Hand. These coating methods offer different advantages and are chosen based on factors such as substrate type, coating requirements, production volume, and equipment availability. The specific choice of coating method depends on the needs and preferences of the manufacturers and end-users in the China Powder Coating Market. In the powder coating market of China, the electrostatic spray coating method is the most commonly used method for applying powder coatings. This method involves the use of an electrostatic charge to apply the powder coating onto the surface of the object being coated. The powder particles are charged as they are sprayed from a gun, and they are attracted to the grounded surface, resulting in an even and uniform coating. The electrostatic spray coating method offers several advantages, which contribute to its popularity in the Chinese market are Efficiency, Versatility, Uniformity, Cost-effectiveness. While electrostatic spray coating is the most prevalent method, other coating methods, such as fluidized bed coating, may also be used in specific applications or industries. Fluidized bed coating involves immersing preheated objects into a bed of fluidized powder particles, where the particles adhere to the surface and melt to form a coating. Some key trends and opportunities in the powder coating market in China. Growing Environmental Concerns: Environmental regulations and sustainability are key trends driving the powder coating market in China. The government's emphasis on reducing VOC emissions and promoting eco-friendly coating solutions has increased the demand for powder coatings, which have lower VOC emissions compared to traditional liquid coatings. This trend presents an opportunity for manufacturers to develop and market environmentally friendly powder coating products. These includes Increasing Industrial Applications, Technological Advancements, Shift from Liquid to Powder Coatings, Export Potential, Customization and Color Trends. Considered in this report: • Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • China powder coating market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Resin Type: • Polyester • Hybrid • Epoxy • Polyurethane • Acrylic • Other By Coating Method • Electrostatic Spray Coating • Fluidized Bed Coating • Others By End User Industry • Appliance • Automotive • General Industrial • Architectural • Furniture • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the powder coating market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. US Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. US Fruit & Vegetable Juice Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Product Types 6.3. Market Size and Forecast By Distribution Channel 7. US Fruit & Vegetable Juice Market Segmentations 7.1. US Fruit & Vegetable Juice Market, By Product Types 7.1.1. US Fruit & Vegetable Juice Market Size, By Fruit Juice, 2017-2028 7.1.2. US Fruit & Vegetable Juice Market Size, By Vegetable Juice, 2017-2028 7.1.3. US Fruit & Vegetable Juice Market Size, By Fruit and Vegetable Blend, 2017-2028 7.1.4. US Fruit & Vegetable Juice Market Size, By Nectar, 2017-2028 7.2. US Fruit & Vegetable Juice Market, By Distribution Channel 7.2.1. US Fruit & Vegetable Juice Market Size, By Supermarkets/Hypermarkets, 2017-2028 7.2.2. US Fruit & Vegetable Juice Market Size, By Convenience Stores, 2017-2028 7.2.3. US Fruit & Vegetable Juice Market Size, By Online, 2017-2028 7.2.4. US Fruit & Vegetable Juice Market Size, By Others (Cafes, Clubs, Restaurants, Etc.), 2017-2028 8. US Fruit & Vegetable Juice Market Opportunity Assessment 8.1. By Product Types, 2023 to 2028 8.2. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.1.1. Company Snapshot 9.2.1.2. Company Overview 9.2.1.3. Financial Highlights 9.2.1.4. Geographic Insights 9.2.1.5. Business Segment & Performance 9.2.1.6. Product Portfolio 9.2.1.7. Key Executives 9.2.1.8. Strategic Moves & Developments 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: US Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Million) Figure 2: Market Attractiveness Index, By Product Types Figure 3: Market Attractiveness Index, By Distribution Channel Figure 4: Porter's Five Forces of US Fruit & Vegetable Juice Market List of Table Table 1 : Influencing Factors for Global Fruit & Vegetable Juice Market, 2022 Table 2: US Fruit & Vegetable Juice Market Size and Forecast By Product Types (2017, 2022 & 2028F) Table 3: US Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 4: US Fruit & Vegetable Juice Market Size of Fruit Juice (2017 to 2028) in USD Million Table 5: US Fruit & Vegetable Juice Market Size of Vegetable Juice (2017 to 2028) in USD Million Table 6: US Fruit & Vegetable Juice Market Size of Fruit and Vegetable Blend (2017 to 2028) in USD Million Table 7: US Fruit & Vegetable Juice Market Size of Nectar (2017 to 2028) in USD Million Table 8: US Fruit & Vegetable Juice Market Size of Supermarkets/Hypermarkets (2017 to 2028) in USD Million Table 9: US Fruit & Vegetable Juice Market Size of Convenience Stores (2017 to 2028) in USD Million Table 10: US Fruit & Vegetable Juice Market Size of Online (2017 to 2028) in USD Million Table 11: US Fruit & Vegetable Juice Market Size of Others (Cafes, Clubs, Restaurants, Etc.) (2017 to 2028) in USD Million
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