Consumer Appliance Coatings Market (2018 – 2023) research report provides List of manufacturers, regional analysis, segmentation by type & applications and the actual process of whole Consumer Appliance Coatings industry. Consumer Appliance Coatings Market report delivers a detailed study of present and upcoming Opportunities to clarify future investment in the market.
“Consumer Appliance Coatings Market report is expected to register a CAGR of XX% over a five years forecast period.”
List of Major Key players operating in the Global Consumer Appliance Coatings Market are –
- Axalta Coatings System
- PPG Industries
- Kansai Paints
- Dulux Australia
- TIGER Drylac U.S.A.
- Henkel Corporation
- Wacker Chemie AG
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Asia-Pacific is expected to remain the largest market in the coming years, owing to an increasing demand from key countries, such as China and India, through the forecast period (2018 – 2023). China is estimated to be the major consumer of consumer appliance coatings, owing to the increase in the production of smartphones.
Growing Home-appliance Industry
The home-appliance industry in Asia-Pacific is expanding at a rapid rate primarily in major economies, such as China, India, and ASEAN countries. Growth in the home-appliance industry is majorly due to the increase in population and the rise in disposable incomes. In recent years, the increasing usage of refrigerators is propelling the market growth in several countries, such as China and India. Due to the consistent economic growth in the Asia-Pacific countries, the demand for home appliances is growing at a significant rate. Furthermore, the technological advancements in smartphone features, such as easy access to the Internet, are boosting the demand for consumer appliance coatings industry.
Epoxy Polyesters (PE) Coatings Dominates the Market
Polyesters are used for both internal and exterior products, but the exact specification is tailored to the particular application. PE coatings are the basis of most internal applications of pre-painted metal. Often the coatings can be the same as the basic exterior polyesters, but many variations are used. Several indoor applications are subject to greater scrutiny than exterior applications, therefore, high-quality aesthetics are important, and are often coupled with good formability, for forming into specific parts, and a high degree of scratch resistance. All of these properties can be available in polyester coatings, which are used in highly decorative applications, such as the front panels of electronic appliances, and functional applications, such as ducting, thereby, propelling the demand for epoxy polyester coatings.
China Dominates the Global Market
China is the worlds largest market for consumer appliances and the domestic manufacturers dominate in the region. Rapidly rising living standards and a large number of new households have resulted in an increase in the consumption of consumer appliances coatings. Furthermore, the newer applications of consumer appliance coatings, such as fluoropolymer coatings, will offer numerous opportunities for the growth of the global consumer appliance coatings market. A growing interest in energy and water efficiency appliances will drive the market for consumer appliances coatings in the forecast period.
Major Players: Akzonobel, Axalta Coatings System, PPG Industries, and Valspar (Sherwin-Williams), amongst others.
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Global Consumer Appliance Coatings Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2018-2023):
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- The Middle East and Africa
Key Questions Answered About Consumer Appliance Coatings Market:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the Consumer Appliance Coatings market for selective countries?
- Which region or sub-segment is selected is expected to drive the market in the forecast period?
- What factors are estimated to drive and restrain the market growth?
- What are the key technological and Consumer Appliance Coatings market trends shaping the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
Reasons to Purchase Consumer Appliance Coatings Market Report:
- The report analyses how stringent emission control norms will drive the global Consumer Appliance Coatings market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Consumer Appliance Coatings market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Consumer Appliance Coatings Market Report TOC Includes:
- Introduction of Consumer Appliance Coatings Market
- Research Approach and Methodology
- Consumer Appliance Coatings Market Overview
- Consumer Appliance Coatings Market Segmentation
- Competitive Landscape
- Company Profiles
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