to reach around USD 11.0 billion by 2020

 Zion Research has published a new report titled “Powder Coatings Market for Automotive, Consumer Goods, General Industry, Architectural, Furniture and Other Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014-2020.” According to the report, global demand for powder coatings was valued at USD 7.5 billion in 2014, and is expected to reach USD 11.0 billion in 2020, growing at a CAGR of 6.8% between 2015 and 2020. In terms of volume, the global powder coatings market stood at 2,045.0 kilo tons in 2014.

Powder coating is applied as dry powder on the object. In powder coating, the powder paints are electrostatically applied over the object.

After that it is kept in oven at high temperature so that it can flow and form even layer of coating. Powder coating offers numerous advantages including protection from corrosions, abrasion, and reaction with chemicals and other solvents.

It further increases durability of the object.

Browse the full "Powder Coatings Market for Automotive, Consumer Goods, General Industry, Architectural, Furniture and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020"report at http://www.marketresearchstore.com/report/powder-coatings-market-z49233

Powder coatings do not have solvents hence become environmentally sustainable and compliant industrial finishes.