Polyurethane Powder Coating Market Size Forecast to Reach $16.45 Billion by 2025 After Growing at a CAGR of 6% During 2020-2025
Posted on Jul 7 2020 12:09 PM "Rising Demand From the Building & Construction Industry and Growing Usage of Polyurethane Powder Coating in the Automotive Sector Are Expected to Drive the Polyurethane Powder Coating Market Growth." Polyurethane Powder Coating Market size is forecast to reach $16.45 billion by 2025 after growing at a CAGR of 6% during 2020-2025. Polyurethane powder coatings are surface coatings that have organic units of carbamate (or urethane) links or even thermoplastic polyurethanes. Polyurethane powder coatings have numerous advantages over other coatings such as lower operating costs, immediate availability, excellent appearance, and uniform thickness. Rising demand from the building & construction industry and growing usage of Polyurethane powder coating in the automotive sector are expected to drive the market growth. By Application- Segment Analysis The consumer goods application segment held the largest share in the Polyurethane powder coa...