Pakistan Powder Coating Market Size Forecast to Reach $130 Million by 2025
"Growing Purchasing Power and Rapid Urbanization are Expected to Drive Demand for Powder Coatings in Consumer Goods Over the Forecast Period." Pakistan Powder Coating Market size is forecast to reach $130 million by 2025 after growing at a CAGR of 6% during 2020-2025. Powder coating refers to dry finishing process used on array of products for improving protective characteristics and visual appeal of the products. The growth of the market of powder coating in Pakistan is expected to be driven by the high demand from the automotive industry. By Resin Type- Segment Analysis Thermoset resin type held the largest share in the Pakistan powder coatings market in 2019. Thermoset resin form three-dimensional non-reversible networks during the transformation of the liquid resin to the solid. The dimensions of the resin layer are fixed at the point at which the liquid is transformed to the gel, and continuation of cure will often transform the rubbery gel to a glassy material. Polyest...