In the dynamic landscape of automotive manufacturing, one critical aspect that often remains unseen but significantly impacts both aesthetics and functionality is automotive coatings. This article delves into the definition of automotive coatings, the features favored by manufacturers, recent developments, expanding applications, and future trends in this vital sector.
Explore the latest developments in powder coating technology, and how these advancements are expanding its applications across various industries. This article delves into the innovative strides within powder coatings, shedding light on new formulations, application techniques, and the burgeoning scope of this versatile finishing method.
According to a report from MarketsandMarkets, the market size for powder coatings was USD 14.7 billion in 2022 and is projected to reach USD 19.9 billion by 2028, at a CAGR of 5.2% during the forecast period. Economic growth in developing countries, end-use industry expansion, investment in infrastructure, stringent environmental regulations, and growing purchasing power drive the powder coatings market.
