Powder Coatings Are on the Rise
Water and solvent based paints and varnishes still dominate the market quantitatively with shares of 55 percent and 37 percent respectively – however, they get more and more competition. Until 2022, powder coatings will presumably gain market shares. Important application areas for powder coatings are household appliances, computer casings, metal products, and facade elements, says market research institute, Ceresana in its latest published report on World Market for Paints and Varnishes. Further details here.